How 'Superman III' Explains High-Frequency Trading

April 2 (Bloomberg) –- Michael Lewis' latest book "Flash Boys" explores the world of High Frequency Trading. To understand this complex process, you don't need to read a whole book, all you need is a copy of the notoriously bad movie "Superman III." Bloomberg Businessweek's Sam Grobart explains. (Source: Bloomberg)
LVMH Beats Estimates on Leather-Goods and Wine Sales
08:29 - LVMH Moet Hennessy Louis Vuitton reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth. Bloomberg's Shery Ahn reports on "Trending Business." (Source: Bloomberg)
  • China Stock Meltdown Adds Exit-Strategy Conundrum
  • How Long Is the Global Oil Glut Going to Last?
  • Russian Banks Turn to Hong Kong for Cash