EBay, the world's biggest online marketplace, said it would split off its payments arm PayPal, finally bowing to pressure from activist shareholder Carl Icahn after nine months.
(RTTNews.com) - The Securities and Exchange Commission or SEC said Tuesday that it has charged two men with insider trading after they learned that hedge fund manager William Ackman's hedge fund Pershing Square Capital Management LP formed a ...
Pimco: there is no bigger story in the world of money management. Bill Gross's dramatic departure from the company he helped found to move to the smaller Janus Capital, apparently pre-empting a plan to fire him, had human drama aplenty.
Sen. Elizabeth Warren, of Massachusetts, speaks to a group of supporters at a rally in support of Kentucky democratic candidate Alison Lundergan Grimes, in June of 2014.
A U.S. federal judge on Tuesday threw out two suits from investors in Fannie Mae FNMA and Freddie Mac FMCC that aimed to stop the transfer of their profits to the U.S.