Most Read on Bloomberg: Cohen’s Fortune, Frat Hazing, Boomer SexAudrey Barker
The following list comprises the of the most-read stories. Lists are based on daily statistics through Friday, July 26.
July 26 (Bloomberg) -- Steven A. Cohen, founder of a $14 billion hedge fund indicted in what the U.S. calls an unprecedented insider trading scheme, faces a future without a fund or a multi-billion dollar fortune. On the other hand, he won’t be behind bars.
July 24 (Bloomberg) -- Harrison Kowiak was 19 years old when he died after schoolmates pummeled him on a pitch-black field in Hickory, North Carolina. It was part of a fraternity hazing.
July 22 (Bloomberg) -- At 8:30 p.m. on Christmas Day 2009, nurse Tiffany Gourley was called to a room at the Windmill Manor nursing home in Coralville, Iowa. She found a 78-year-old male resident who had just had intercourse with an 87-year-old woman. The man, a former college professor, was divorced. The woman, a retired secretary, was married. Both had dementia.
July 22 (Bloomberg) -- JPMorgan Chase & Co., Morgan Stanley and Goldman Sachs Group Inc. are among lenders whose commodity-trading is in jeopardy as the Federal Reserve reconsiders letting banks ship oil and store metal.
July 25 (Bloomberg) -- Facebook Inc. Chief Executive Officer Mark Zuckerberg’s decision last year to bet big on mobile software is paying off, with sales of ads on wireless devices now on track to surpass revenue from desktop computers.
July 23 (Bloomberg) -- The nurse was frantic. She’d just seen two elderly people having sex in a room at the Hebrew Home at Riverdale, New York. She asked Daniel A. Reingold, then the home’s executive vice president, what she should do.
July 23 (Bloomberg) -- The day El Celler de Can Roca was named World’s Best Restaurant, its website got 12 million hits.
July 23 (Bloomberg) -- The Standard & Poor’s 500 Index fell as investors weighed corporate earnings while Treasuries declined for the first time in three days amid speculation on when the Federal Reserve may scale back its asset purchases.
July 23 (Bloomberg) -- The star witness in the Securities and Exchange Commission’s civil fraud case against Fabrice Tourre told jurors that Goldman Sachs Group Inc. misled her into helping construct a doomed investment that the Paulson & Co. hedge fund was betting would fail.
July 25 (Bloomberg) -- U.S. stocks rose and Treasuries reversed earlier declines amid speculation over when the Federal Reserve may reduce its stimulus measures. The dollar fell while gold advanced.
July 22 (Bloomberg) -- When U.S. Senator Elizabeth Warren, the former law-school professor and self-appointed scourge of Wall Street, gets her history terribly wrong -- and proposes a new law based on that lack of understanding -- there must be a reckoning.
July 26 (Bloomberg) -- The Ronald Reagan moment Japan investors have long fantasized about has finally arrived.
July 22 (Bloomberg) -- You know something is a big deal in Boston when it steals headlines from allegations that the New England Patriots’ only healthy tight end committed multiple murders.
July 24 (Bloomberg) -- Eight years ago, then-Senator Barack Obama delivered the commencement address at Knox College in Galesburg, Illinois. He joked with the graduates about being asked by a reporter what his place in history would be.
July 23 (Bloomberg) -- India has long been viewed as a value investor’s dream: rapid growth, 1.2 billion people pining for a taste of globalization, and underdeveloped industries ripe for turnarounds. So it surprised few when the genre’s guru, Warren Buffett, placed a bet on the world’s ninth-biggest economy.
July 25 (Bloomberg) -- A security camera captured the train crash last night near the northwestern Spanish city of Santiago de Compostela that killed at least 77 people after it derailed at 8:41 p.m. local time.
July 25 (Bloomberg) -- A train derailment near the northwestern Spanish city of Santiago de Compostela killed at least 77 people, the highest death toll in a rail incident since the 2004 Madrid bombing.
July 22 (Bloomberg) -- A Southwest Airlines Co. jet’s nose gear collapsed as it landed at LaGuardia Airport in New York, the Federal Aviation Administration said.
July 23 (Bloomberg) -- Prince William, his wife Kate and their new baby left St. Mary’s Hospital in central London today, a day after the birth of the boy who becomes the third in line to the British throne.
July 22 (Bloomberg) -- A town crier outside St. Mary’s Hospital in London announces the birth of the son of Prince William and his wife Kate.