investors

(Newser) - Activist investor Kirk Kerkorian, who holds a controlling interest in MGM Mirage, is making a play to buy two of the casino company's crown jewels. Kerkorian's company, Tracinda Corp., is in talks to acquire MGM's Bellagio Casino and the $7.4 billion CityCenter development, currently under construction. Kerkorian currently owns...

(Newser) - After years of legal wrangling, Tyco will pay a record $2.975 billion to shareholders who say the company used faulty accounting practices to defraud them. The settlement by Tyco, which became a poster child for executive excess in the wake of the Enron scandal, represents the largest amount ever...

(Newser) - An idling behemoth in Berlin that has housed both the Hitler Youth and the East German Communist Party will soon become a swanky media club, complete with a 42-seat theater, a swimming pool and upscale bars. A secretive British investor recently bought the Bauhaus landmark, and hopes to open a...