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Icahn Mocks Ackman's 'Obsession' After Raising Herbalife Stake
Herbalife Ltd. backer Carl Icahn waited until after Friday's market close to contradict fellow billionaire Bill Ackman, spending the day adding 2.3 million shares to his stake in the nutrition company as its stock tumbled.
CARL ICAHN: Bill Ackman is a liar  Business Insider
Icahn denies attempt to sell Herbalife stock, buys more shares  Reuters
Dollar Bulls Awaken as Yellen Bolsters Outlook for Rate Increase
Dollar traders are playing catch-up with the Federal Reserve. The greenback snapped a two-week losing streak after Fed Chair Janet Yellen said the case to raise interest rates is getting stronger, while Vice Chairman Stanley Fischer indicated an ...
Fed's Yellen sees stronger case for interest rate hike  Reuters
Summer's ending, Fed's back in play and September volatility looms ...  CNBC
Painted as EpiPen Villain, Mylan's Chief Says She's No Such Thing
Heather Bresch, chief of Mylan, which has a reputation for bare-knuckled tactics that have angered competitors and investors. Credit Andrew Hetherington/Redux.
Drug companies spend millions to keep charging high prices  Los Angeles Times
Dear EpiPen Customers . . .  Wall Street Journal
St. Jude Denies Report Its Heart Devices Are Vulnerable to Cyberattacks
St. Jude Medical Inc. STJ 0.24 % on Friday denied allegations made by a research firm that its pacemakers and other heart devices were vulnerable to hacking and other cybersecurity threats.
Whiplashed investors stay skittish about St. Jude  Reuters
St. Jude Denies Short Seller's Claims; Abbott Remains Committed  Bloomberg
Lotte Executive Found Dead Amid South Korean Corruption Inquiry
Inspectors in Yangpyeong, South Korea, on Friday examined the car owned by Lee In-won, the vice chairman of the Lotte Group. Mr. Lee's body was found on Friday and a note was recovered from inside the car.
Lotte Vice President Found Dead Amid Finance Inquiry  Wall Street Journal
Lotte vice chairman found dead amid probe; suicide suspected  Reuters
More companies commit to equal pay pledge on Women's Equality Day
Facebook, Apple, and CVS are among 29 companies that on Friday promised to work toward erasing the gender pay gap by signing onto the White House's Equal Pay Pledge, the Obama administration announced Friday.
Apple, Facebook, IBM, and Microsoft Promise to Pay Women as Much as Men  Fortune
Fact Sheet: White House Announces New Commitments to the Equal Pay Pledge (press release)
Politics|Amtrak's Answer for Aging Acela Fleet: 160 MPH Trains
Vice President Joseph R. Biden Jr., left, and Anthony R. Coscia, Amtrak's chairman, at a news conference to announce the loan for the new trains, in Wilmington, Del.
Biden announces $2.45 billion federal loan to Amtrak  CNN
Biden: $2.45B loan for Amtrak upgrades in Northeast Corridor  U.S. News & World Report
By going private, Rackspace looks to fuel its cloud evolution
Rackspace, a company that was an early player in the cloud market, is being forced to evolve or continue to be left behind. The cloud and web-hosting company announced today that it's being acquired by Apollo Global Management, a U.S.
Succumbing to Amazonian cloud rivals, Rackspace goes private  Chicago Tribune
Small Cloud Computing Firm Turns to Helping Others Work With Giants  New York Times
Illinois's Biggest Pension Cuts Investment Return Rate to 7%
Illinois's largest public pension reduced its forecast for how much it expects to earn from its investments each year, a step that will likely force the state to boost its annual contributions to the cash-strapped retirement plan.
Despite budget warnings from Rauner, TRS board votes to lower investment ...  The State Journal-Register
Illinois Teachers lowers assumed rate of return to 7% following 0.8% fiscal ...  Pensions & Investments
Declining inventories crimp US second-quarter growth, consumer spending ...
WASHINGTON U.S. economic growth was slightly more tepid than initially thought in the second quarter as businesses aggressively ran down inventories, offsetting a spurt in consumer spending.
The Fed Can't Really Grow US Economy  Huffington Post
US Corporate Profits Climb as GDP Ticks Down to 1.1%  Wall Street Journal