Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors

Former Harvard President Larry Summers slammed the university over its appointment of a Jewish professor who has called Israel “an apartheid state” to co-chair its antisemitism task force. Summers took issue with the appointment of Prof. Derek Penslar, a scholar of Jewish history, as co-chair of a task force that was named by the school’s…

Morgan Stanley’s board awarded James Gorman a handsome 17% raise raise in 2023, making his total compensation for his last year as the bank’s chief executive $37 million. On top of his $1.5 million base salary, Gorman received a cash bonus of just under $9 million, according to a regulatory filing Friday reviewed by Bloomberg….

Over his 54 years as a financial analyst, Richard X. Bove perfected the art of grabbing attention. Through thousands of newspaper interviews, cable news appearances and radio segments, Mr. Bove turned what can be a dull, by-the-numbers career into a more showy one. Weighing in on the economy and the inner workings of Wall Street,…

BANGKOK — Asian shares were mixed on Wednesday after Japan reported its exports jumped nearly 10% in December, though shares in Tokyo declined. U.S. futures and oil prices edged higher. Chinese shares resumed their upward climb after the vice chairman of the China Securities Regulatory Commission, Wang Jiangjun, called for better protections for investors and…

Gov. Kathy Hochul appointed the daughter of a veteran gambling lobbyist to the state board that regulates the industry — raising concerns about potential conflicts of interest from government watchdogs, The Post has learned. Marissa Shorenstein — who served as head of Hochul’s transition team when she became governor — was tapped as commissioner on…

He was born Charles Osgood Wood III in Manhattan on Jan. 8, 1933. His father, Charles Osgood II, was a textile salesman who moved the family to Baltimore when young Charles was 6 and took a second job, as an expediter for a copper company, during World War II. His mother, Mary (Wilson) Wood, was…