When Rengan Rajaratnam started Sedna Capital Management LLC, he named the hedge fund after a newly discovered dwarf planet on the edge of the solar system, reflecting his focus on small-cap businesses unnoticed on Wall Street.
On Jan. 10, the reality show "Big Brother Brasil" kicked off its 12th season on the Globo network. The show -- part of the worldwide TV franchise in which contestants are confined to a house, filmed 24 hours a day and voted out (and sometimes back in) by the public -- dominates Internet and Twitter chat. It has everything Brazil likes: sex, gossip, flirting, glamour, socializing, sex and showing off.
Excessive regulation is strangling U.S. community banks, which have closed at the rate of about one per business day since the 2008 financial crisis, said Frank Keating, head of the American Bankers Association.