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2 mins read
Former Avenue Capital employee in a legal fight with billionaire boss Marc Lasry claims she was offered $5 million to 'settle without an attorney'
The latest filings in the legal fight between billionaire investor Marc Lasry and a former employee…
Bradley Saacks
3 mins read
Former Avenue employee accused of 'blackmailing' billionaire Marc Lasry countersues, claiming sexual harassment including forced kissing, groping, and comments about her body
Gina Strum's countersuit claims her former boss, billionaire Marc Lasry, sexually harassed her for …
Bradley Saacks
3 mins read
Billionaire Marc Lasry claims in a new lawsuit that a former employee is trying to extort him for $50 million. Here are the most eye-catching excerpts.
Former Avenue Capital employee Gina Strum worked for the firm from 2009 to 2013.
Bradley Saacks
5 mins read
Tesla's earnings report will include refocusing on its car business, and it comes as competition heats up
GM's recent success puts pressure on Tesla as it fights to maintain its EV dominance ahead of today…
Dan DeFrancesco
2 mins read
Boaz Weinstein, Bill Ackman, and Marc Lasry jointly bid for the hedge fund Sculptor Capital - but the proposal could get rejected
Led by Boaz Weinstein and supported by fellow managers Bill Ackman and Marc Lasry, the investor tri…
Joseph Wilkins
1 min read
Jeremy Grantham, Ray Dalio, and other elite investors are pounding the alarm on the Russia-Ukraine crisis. Here's what 10 of them have said about the conflict.
The likes of Ray Dalio, Jeremy Grantham, Carl Icahn, and Cathie Wood have discussed the potential i…
Theron Mohamed
2 mins read
Billionaire investor Marc Lasry predicts a tough few months for stocks and the economy — and cautions against investing in Russia
The Avenue Capital CEO flagged higher food and energy prices, rising interest rates, and lackluster…
Theron Mohamed
2 mins read
NBA star Giannis Antetokounmpo spread his money across half a dozen bank accounts as a rookie because of the FDIC's $250,000 limit. Billionaire team owner Marc Lasry told him to invest instead.
When Giannis Antetokounmpo first arrived in the US at age 18, he opened accounts at "five, six, sev…
Theron Mohamed
3 mins read
We're reading: Here's a helpful hint for people starting a media company in 2024
A good tip when starting a media company in 2024? Be well connected. That's a nugget I found intere…
Peter Kafka
1 min read
Billionaire Marc Lasry, who sold his stake in the Milwaukee Bucks, sees pickleball offering a better return than investment in the NBA
"Pickleball three years ago was [worth] $100,000. Today, it's $10 million," Lasry of Avenue Capital…
Carla Mozée
2 mins read
Billionaire investor Marc Lasry says the Fed will raise rates more slowly because of the Ukraine conflict
The Fed is expected to raise interest rates for the first time since 2018 on Wednesday, but analyst…
Harry Robertson
2 mins read
Billionaire hedge fund manager Marc Lasry says Biden should raise taxes to pay down the deficit 'a little bit'
The Avenue Capital CEO said earlier this month he may advise the Biden administration on economic p…
Emily Graffeo
1 min read
Billionaire investor Marc Lasry says investors should stay long through the election because trillions of dollars are going to be spent on the economy
The Avenue Capital Group co-founder said: "Trillions of dollars are going to be spent on this econo…
Emily Graffeo
2 mins read
Billionaire investor Marc Lasry says the Fed's rampant stimulus makes 2020 a once in a lifetime opportunity for investors, as the US economy is fundamentally fine
He said: "You're not going to see this again: Where you've actually got an economy that's fine, and…
Saloni Sardana
2 mins read
Billionaire investor Marc Lasry says the market isn't pricing in a recession that will last 'for a while'
"It's going to be a hard couple years" as unemployment lingers and an economic rebound fails to get…
Ben Winck
3 mins read
Robinhood traders are getting smarter with their money. The platform's head of investment strategy explained why.
Insider's Phil Rosen interviews Steph Guild, Robinhood's head of investment strategy, on retail tra…
Phil Rosen
2 mins read
Lasry steps down from Ozy - Cohen's crypto spree - BofA hiring plans
The top finance news for Oct. 1, including the latest on Marc Lasry leaving Ozy and Bank of America…
Jordan Parker Erb
2 mins read
Billionaire Avenue Capital founder Marc Lasry says the decision to pay hundreds of millions to buy the Milwaukee Bucks 6 years ago was 'the best investment I've ever made'
"When I bought it, I thought we were buying a media company," he said, because the league's agreeme…
Bradley Saacks
1 min read
Dow jumps 344 points as investors digest wave of corporate earnings
Major indexes broke a three-day losing streak. Stocks plummeted in the prior session as headline in…
Phil Rosen
1 min read
Billionaire Hedge Fund Managers Say It's Sad Larry Summers Won't Get The Fed Nomination
Lasry added that he thinks the President didn't want to get in a fight because of other issues they…