Two hedge fund managers were arrested on insider trading charges on Tuesday, while another portfolio manager and an analyst agreed to plead guilty in connection with the probe, the latest development in a broad investigation of hedge funds' trading activities.
A investigation into allegations of insider trading in the hedge fund industry for the first time reached former employees of billionaire trader Steven A. Cohen's SAC Capital Advisors.
Canadian regulators are proposing new guidelines to govern how investment dealers advertise and communicate with clients on popular social media such as Facebook, Twitter and blogs.
Wealthy tax evaders with assets stashed offshore can come clean with U.S. authorities under a new amnesty program with reduced penalties, the government said on Tuesday.
Glen Campbell, Golden Globe nominated American country pop singer, guitarist, television host and actor, has put his home on the market for sale at $5,950,000.
Kenya's Centum Investment Co is poised to tap the booming property market in east Africa to meet the growing demand of the bulging middle class, its chief executive officer said on Tuesday.
Mauritian holding company Ireland Blyth said it still expected improved full-year results, when posting a 68 percent fall in first-half pretax profit on Tuesday.
Kenya's East African Cables said on Tuesday that full-year pretax profit halved to 258.6 million shillings after a 203 million shilling charge related to its struggling Tanzanian unit.
An 11 billion rand South African manganese building project, which includes a mine and smelter, was on track with first processed ore expected in July next year, investors said on Tuesday.
Two sons of late New York stage and TV actress, Bijou Durden, have listed their home for $3.35 million, according to the Los Angeles Times.
A state-owned South African mining company likely to focus on coal and uranium will be up and running by the end of February, but much of its work will be farmed out to private firms, a senior official said on Tuesday.
Ray Allen, the Boston Celtics star, has once again listed his five-bedroom estate in Carnation, Washington for $3.7 million.
Last year in February Engadget reported that Sweden's UI design company The Astonishing Tribe (TAT) showcased a dual-screen UI concept, stating that in future devices could sport such a setup. A year later Kyocera communications has launched a dual-screen Android phone called Echo on Sprint network.
Alliant Techsystems Inc. (ATK) is teaming up with EADS unit Astrium to develop a new low-cost space rocket launch vehicle that could take tourists into orbit. ATK and Astrium are working together in response to NASA's Commercial Crew Development-2 (CCDev-2) procurement and is offering NASA launch services with the Liberty rocket.
ThinkEquity has downgraded Nvidia, a graphics chip maker, to hold from buy, on valuation metrics.
Benchmark Capital said the sale of retailer Big Lots (NYSE: BIG) appears possible and private equity buyers could target the company, after Bloomberg reported that Big Lots is exploring strategic options.
A possible management shake-up in the Microsoft camp is due to throw up senior product executives with engineering muscle at the top to tackle the might of Apple and Google in the smartphone, tablets and cloud domains.
The shipment of first batch of all-electric car Nissan Leaf has arrived in the north-east of England, the carmaker has confirmed.
McBride Plc, the maker own label products for retailers, said interim pretax profits dropped 31 percent amid rising raw materials costs and a weak retail environment, particularly in the UK.
Groupon defends the Tibet ad aired during Super Bowl asserting that it takes all social causes extremely seriously.
Delta Air Lines will bring in “Economy Comfort” section, featuring more legroom and seats with additional recline on its long-haul international flights this summer.
Regulators began their most forceful attempt yet to clamp down on bank bonuses since the 2007-2009 financial crisis, and warned firms they would seek to counter attempts to circumvent the reforms.
Regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
NASA released the first ever 360 degree image of the sun in a video over the weekend and says it could help with weather forecasts.
China MediaExpress Inc on Monday termed the research reports calling the company's financial results into question as misleading, and said its financial statements are backed by well known auditors.
Shares of Nokia (NYSE: NOK) are moving higher Monday on speculation that the mobile phone maker will soon engineer a major reshuffling of its management and board as the company tries to wrestle back domination of the premium handset market.
AOL Inc. said early Monday morning plans to acquire online news website Huffington Post for $315 million, as part of the companies attempt to turn its business around with a strategy of becoming a top producer of digital content.
Actor Ashton Kutcher has created an exclusive listing for his Hollywood Hills bachelor pad house at $2.6 million.
A California judge has ruled to allow a group of lawyers with connections to Oakland City Hall to represent alleged Nortenos gang members who are facing a city lawsuit that seeks to prevent them from hanging out in the city's Fruitvale neighborhood.
Allen & Overy (A&O) plans to open an operational support and legal services center in Belfast, the capital city of Northern Ireland, and employ 300 people by 2014 to run it.
