The New York Stock Exchange, the cornerstone of American capitalism for 220 years, agreed to be sold as part of an $8.2 billion takeover by IntercontinentalExchange Inc.

A federal bankruptcy judge on Wednesday approved plans for Hostess Brands to wind down its operations, but there is little doubt that its best-known brand, Twinkies, will live on. The company, whose corporate ancestors go back 82 years, said it would put Twinkies on the auction block, along with…

When Jamie Forese started out at Salomon Brothers in 1985, being an investment banker was not a guaranteed ticket to riches. “A career on Wall Street was considered a stable income, same as a lawyer, a doctor, an accountant,” he recalls. What changed, he says, was banks’ addiction to leverage…

There are lots of statistics that suggest that M&A should have some activity but it isn’t, says Peter Weinberg, Perella Weinberg Partners, who explains why he sees more M&A…

M&A activity is rebounding slightly in 2012 but is nowhere near pre-crisis levels. A look at what’s in store for the rest of the year, with Andrew Bednar, Perella Weinberg partner.

It was in 2006, after spending most of his career at Goldman Sachs, where he ran Goldman Sachs International in London and served on the management committee, that Peter Weinberg co-founded Perella Weinberg Partners. He talked to the Financial Times about relations between the business…

The recently concluded G-20 meetings in Korea were generally dismissed as a failure because participant nations could not establish a united approach to rebalancing global trade. But the fact that these nations are even talking about these issues at last may signal that the global narrative is…

David Tepper of Appaloosa Management sang Elvis. Sam Zell of Equity Group Investments quoted “Charlie” Darwin, telling the crowd to evolve or go extinct. Steve Rattnerís proposal to close the income inequality gap got booed (or maybe the abuse was aimed at the ex-car czar himself)…