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Blackstone Group, L.P.

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  • China TV anchor known for patriotic views is held in corruption probe

    Think of him as China’s Stephen Colbert – only his patriotism shtick isn’t a put-on. For years, TV news anchor Rui Chenggang has been a China booster and an icon for China’s global “soft power” push. But in a development that’s shocked the nation, Rui has been detained on suspicion of corruption, the scourge of the system he has tirelessly touted.
  • The day ahead in business

    The day ahead in business
    Reports: June housing starts and building permits, weekly jobless claims, Illinois unemployment,  Bloomberg consumer comfort index Local earnings: Dover Corp., Hub Group, PrivateBancorp Inc., Taylor Capital, W.W. Grainger Inc. Other earnings: Baker...

    GoPro's hot IPO is latest boon for Wall St. firms

    Shares of action camcorder maker GoPro Inc. surged in their initial public offering Thursday, and no one was happier than the private equity firms that got to cash in on the deal. This year's IPO boom has helped to propel the stock market, boost...

    Blackstone Group still buying properties in South Florida

    Higher home prices are chasing investment firms from the market, but the largest continues to stockpile properties in South Florida. From January through May, affiliates tied to the Blackstone Group have bought 430 properties in Palm Beach County,...

    American Homes 4 Rent buys Beazer in home-rental consolidation

    In another sign of consolidation in the single-family rental industry, Agoura Hills-based American Homes 4 Rent said Tuesday that it's buying smaller Beazer Pre-Owned Rental Homes Inc. The deal, which is worth about $263 million in stock, cash and debt,...