They Built the Hottest Firm on Wall Street. Now They Have to Save It.
Doug Ostrover and Marc Lipschultz made Blue Owl a private-credit behemoth with bets on software, AI and individual investors. It is starting to show cracks.
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The Big Bet on European Defense Stocks Is Getting Expensive
More money for military spending likely will mean more political interference and bad news for margins.
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Berkshire's Abel Pledges to Follow Buffett's 'Framework'
The December quarter marked Warren Buffett's last as Berkshire CEO, a role now occupied by his longtime deputy.
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Bank Stocks Suffer Another Plunge on Credit and AI Fears
Consumer lenders-more vulnerable during economic recessions-were among the market's worst performers on Friday, including American Express.
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Trump's Push to Make Homes More Affordable Needs the Banks to Play Ball
Lenders have many reasons to resist jumping back into mortgages.
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Swiss Re Tops Up Returns With $1 Billion Buyback
Stock jumped after the reinsurer paired its quarterly results with a surprise buyback, signaling a more aggressive stance on capital returns.
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Monte Dei Paschi Eyes Higher Earnings, Payouts After Mediobanca Integration
Shares in Monte dei Paschi slipped despite the bank pledging to return around €16 billion to investors over the next five years.
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Crypto Firm Paradigm to Expand Into AI, Robotics With New Fund
The venture firm is looking to raise as much as $1.5 billion for a broader, frontier-tech fund.
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Financial Services Roundup: Market Talk
Find insight on Barclays, Swiss Re and more in the latest Market Talks covering Financial Services.
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Jack Dorsey's Block to Lay Off 40% of Its Workforce in AI Remake
The company said the plan would cost it $450 million to $500 million in expenses and severance.
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Compass to Share Listings with Rocket in New Partnership
The agreement, which the companies described as a strategic alliance, will last three years.
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How JPMorgan's Bankers Stayed Close to Epstein After Bank Fired Him as a Client
Two of the firm's bankers maintained close ties with Jeffrey Epstein as he took on a bigger role running Leon Black's family office.
(END) Dow Jones Newswires
March 02, 2026 00:00 ET (05:00 GMT)
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