The looming shortage of solar panels shows the rapid expansion of solar energy. The industry may install as much as 52 gigawatts this year, more than seven times what developers demanded five years ago.
Federal regulators fined the former chief executive of the North Lauderdale bank for engaging in unsafe banking practices.
On July 29, Irish property developer Michael O'Flynn realized that Blackstone Group LP was trying to gain control of his real estate empire, which includes the country's tallest residential tower. Ten weeks earlier, the private equity firm had bought $2.4 billion of loans to O'Flynn's companies and the developer personally.
Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit. And CEO Larry Page is determined to push even further.
Private equity bets on the South Florida housing market are filling a need for hundreds of millions of dollars in construction financing that's otherwise not being provided by banks.
The record $3.5 trillion stockpiled in U.S. fixed-income funds is raising the specter the bond market will buckle under the strain of redemptions once interest rates rise. Simple math suggests there's little need to worry.
About 106 million U.S. shares were traded in the private trading platform in the week of July 28, up 21 percent from about 87.6 million in the previous week. That's the most since 312 million shares were traded in the week of June 23.
For the first time in more than a month, investors are putting more money into junk-bond funds than they're withdrawing as the market recovers from its biggest slump in a year.
With industries ranging from casinos to taxicabs looking to influence the Legislature, new reports offer a glimpse of the millions of dollars in fees that lobbying firms collected during the second quarter of the year.
Senator Investment Group LP, the hedge-fund firm backed by Blackstone Group LP, disclosed a 6.3 percent holding in mortgage insurer Radian Group Inc.
The liquidating trustee for Taylor, Bean & Whitaker settles with Bank of America, agreeing to take over a $26 million mortgage pool.
Banks including JPMorgan Chase & Co., Citigroup Inc. and Morgan Stanley have been notified regulators are preparing enforcement actions on currency rigging.