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U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.
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Four senior executives at Steven Cohen’s SAC Capital Advisors LP received subpoenas as part of the U.S. multiyear probe into insider trading at the hedge fund firm, a person with knowledge of the matter said.
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West Texas Intermediate crude headed for the biggest weekly drop in more than a month amid signs of rising U.S. fuel supplies and a global economic slowdown. Brent oil may fall below $95 a barrel, Bank of America Corp. said.
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Rubber rebounded from the biggest drop in a month as Japan’s currency resumed a decline against the dollar, raising the appeal of yen-denominated futures.
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Salesforce.com Inc., the largest maker of online customer-management tools, forecast profit for the fiscal second quarter that missed some analysts’ estimates as companies curtail spending on new business software.
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Gold traders are the most bullish in a month after Federal Reserve Chairman Ben S. Bernanke signaled record stimulus will continue until the economy improves.
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Lois Lerner, the mid-level Internal Revenue Service official at the center of the controversy over scrutiny of small-government groups seeking tax-exempt status, is being replaced on an acting basis, the IRS said today.
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Intuitive Surgical Inc. prevailed at a trial against claims it was negligent in its training of a doctor who performed a robot-assisted surgery on a patient who later died.
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Ethanol’s discount to gasoline widened a day after a government report showed production of the biofuel climbed to the highest level in 11 months.
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Dutch scientists who took out a patent on the novel coronavirus that’s killed 22 people since emerging in Saudi Arabia last year defended the move after the Saudi Health Ministry said the patent was hindering the fight against the outbreak.
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Say what you will about Microsoft’s Windows 8, it has certainly inspired personal-computer makers to shake up their offerings.
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When Patrik Brummer, chairman of Stockholm-based hedge fund Brummer & Partners, acquired Sweden’s storied Faeviken estate in 2003, it had been in a slump since its glory days as a grouse-shooting retreat for Edwardian aristocrats. The 20,000 acres at the edge of the Arctic Circle bounced back fast, however, and what used to be a royal playground can today be rented out in whole or in part for a three-day retreat of haute hunting and gathering, Bloomberg Pursuits will report in its Summer 2013 issue. Think stag weekend -- with actual stags.
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New Zealand forward Ali Williams retired from international rugby after playing 77 Tests in a decade-long career for the All Blacks.
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When Jane Gladstone of Evercore Partners Inc. first attended the Futures Industry Association annual meeting in Boca Raton in 2002 she was the only investment banker there. To capitalize on the opportunity, she threw a dinner for about 20 people.
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