Huge losses on derivative trades at Geode Capital Management force hedge-fund business shutdown: WSJ

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Huge losses on derivative trades at Geode Capital Management have forced the giant investment firm to close…

Blackstone Group Inc. hires Joe Dowling as co-head of its $78B hedge-fund business: WSJ

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Blackstone Group Inc. has hired Joe Dowling, the former chief executive of Brown University’s endowment, as co-head of its…