Steve Cohen Wins Approval for One of Three New Casinos in New York City
P.M. Edition for Dec. 1. Mets owner and billionaire investor Steve Cohen gets the nod for an $8 billion hotel and casino project near the Mets’ stadium in Queens. WSJ hedge-fund reporter Peter Rudegeair discusses Cohen’s comeback and why he wants a casino by Citi Field. WSJ’s E.B. Solomont joins the show to discuss a North Carolina village where some of America’s richest people go to fly under the radar. Plus, Goldman Sachs says it’s spending about $2 billion to buy Innovator Capital Management, a company behind a kind of ETFs known as “boomer candy” for their popularity with baby boomers looking to curb the risks of investing in volatile stock markets. Sabrina Siddiqui hosts. Sign up for the WSJ's free What's News newsletter.
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