Bloomberg News

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Hackers Accused By U.S. of Targeting Top Banks, Mutual Funds

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The Wall Street Journal, E*Trade Financial Corp. and Scottrade were among the companies infiltrated, according to prosecutors.

Wyly Widow Says IRS Failed To Prove Fraud Over $1.2 Billion

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The widow of Texas billionaire Charles Wyly told a judge the IRS wrongly accused her of a “sinister” tax- avoidance plot to bolster the agency’s $1.2 billion claim in her bankruptcy case.

RCS Capital Shares Plunge After Apollo Investment Scuttled

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RCS Capital Corp. plunged after Apollo Global Management scaled back plans to invest in the company and another entity associated with Nicholas Schorsch.

Pimco Seeks To Toss Gross’s Claims As ‘Reputational Warfare’

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Pimco fired back at Bill Gross, saying his lawsuit over his departure looks more like a screenplay than a legal filing and should be thrown out.

Men Think Differently About Their Futures As Women Take 40% Of B School Seats

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At Harvard Business School, more than 200 of the 548 men in the class of 2017 are members of the Manbassador group.

Sweet Volatility

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This firm uses a math-based investing approach to pick up gains from stock price swings.

Stifel To Acquire Eaton To Build Private-Equity, Hedge Fund Ties

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Stifel Financial Corp. agreed to buy Eaton Partners to add ties with hedge funds, private-equity firms and high-net-worth family offices.

For U.S. Stocks, Warnings Found in Investment-Grade Credits

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U.S. stocks are up for the year, a 10 percent correction has been reversed, and valuations are back where they were in July. Back to normal, right? Wrong.

Are Women Competitive Enough To Get Good Salaries?

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The latest contribution to the gender pay gap debate comes from three professors, who argue in a new paper that women earn less than men because they are less competitive.

Big Stud American Pharoah To Get $200,000 A Pop In Breeding Shed

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Coolmore Stud, the Irish breeding powerhouse, said it will charge $200,000 per mating session with American Pharoah next year.

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