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.
The pace of U.S. manufacturing growth slowed in September, as expectations for hiring and new orders slipped from their August levels.
The New York Times announced this morning that it would cut 100 newsroom positions, bowing to financial pressure from declining print revenue.
OMAHA, Neb. - The economy will likely grow more slowly this fall in nine Midwestern and Plains states, according to a monthly survey of business leaders released Wednesday.
In a Wednesday statement, the investment firm said it would "vigorously pursue the enforcement of existing contractual claims.