The roommate of a former Pershing Square Capital Management analyst has been hit with insider-trading charges for allegedly telling another friend about the hedge fund's planned campaign against Herbalife.
NEW YORK (Reuters) - U.S. stocks were down sharply at midday on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors and pressured shares of airlines and other transportation-related shares.
In this Sept. 24, 2014 photo, traders work in the ten-year bond pit on the floor of the CME Group in Chicago. Main Street investors have poured a trillion dollars into bonds since the financial crisis, and helped send prices soaring.
NEW YORK (AP) - The New York Times Co. says it is cutting about 100 newsroom jobs through buyouts and layoffs in an effort to trim costs and focus more on its digital efforts.
(Adds details, background; updates share movement). Oct 1 (Reuters) - Shares of Fannie Mae and Freddie Mac plummeted on Wednesday, the day after a judge upheld the U.S.