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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
Fed's Yellen sees stronger case for interest rate hike
JACKSON HOLE, Wyo. The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month.
Losses Piling Up for S&P 500 as Weekly Drop Is Worst Since June  Bloomberg
Stocks Fall After Yellen's Remarks  Wall Street Journal
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
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)
Lotte Vice President Found Dead Amid Finance Inquiry
SEOUL—The suspected suicide of the second-in-command of Lotte Group, one of South Korea's largest conglomerates, added tragedy to a management crisis that has engulfed the company for a year-and-a-half.
Lotte vice chairman found dead amid probe; suicide suspected  Reuters
Exec hangs himself as criminal probe heats up  New York Post
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  Bloomberg
Rackspace sells to Apollo Global for $4.3 billion  Houston Chronicle
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.
US Corporate Profits Climb as GDP Ticks Down to 1.1%  Wall Street Journal
Economy in U.S. Grew at 1.1% Rate, Slower Than First Estimated  Bloomberg
DealBook|Abbott's No Good, Very Bad M&A Week
Abbott Laboratories has announced two large acquisitions over the last year. In recent days, both deals have become major land mines.
Abbott's Acquisitions in Question as Issues Arise About Alere, St. Jude
Health Care Sector Update for 08/26/2016: ALR,ABT,TGTX,ACOR  Nasdaq
Breathalyzer bill deserves OK, but not smartphone bill
Driving and safety are the focus of two intriguing bills on Gov. Jerry Brown's desk. Brown should sign SB 1046, by Sen. Jerry Hill, D-San Mateo.
Lawmakers OK Pavley Bill Requiring Health Plans to Cover Year's Supply ...
California governor signs bill banning coal-export funding
Jilted Lovers: Investors Are Souring On Defensive Sector ETFs
Part of the reason some investors are not trusting the rally in equities this year is the perception that defensive, low beta sectors are leading broader benchmarks higher.
5 Reasons Why Tech Stocks Will Continue to Rise in Price  Profit Confidential