Following Wednesday's late-day surge, U.S. stocks are set to add to gains after President Trump announced a delay in the implementation a new round of China tariffs.
, the wildcatter "Oracle of Oil," hedge fund founder and philanthropist who rewrote the playbook for corporate raiders, has died. He was 91. In late 2017, he put his sprawling Mesa Vista Ranch in the Texas Panhandle on the market for $250 million, and a few months later, he closed his energy hedge fund, BP Capital, to outside investors. Blackstone raised $20.5 billion for its largest-ever real estate fund. The private equity firm plans to invest in property around the world.
Yelp may be an acquisition target of daily deals company Groupon . The Wall Street Journal said Groupon is planning an acquisition amid shareholder discontent about its performance, and that the online review site may be a logical matchup.
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