New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.
A former Sanofi executive who cooperated with prosecutors got 16 months in prison for his role in an insider-trading ring that made $1.4 million in profit off pharmaceutical and medical technology company tips.
Sweetie looks much like other unfortunate young Filipinas. Just 10 years old, her user profile shows, she spends her days online fielding requests from men who offer her money to perform sexual acts in front of a webcam. When she logs on, invitations pour in -- “Are you a working girl?” or “I’m into girls your age” -- from strangers keen to get her into a private show via Skype or Yahoo! Messenger.
U.S. stocks rebounded from the worst weekly losses in two years, weathering a selloff at the start of the final hour, after data showed retail sales increased the most since 2012 and Citigroup Inc. earnings unexpectedly rose.
Billionaire Beny Steinmetz approved millions of dollars in payments to a wife of the former president of Guinea as he fought to keep part of the world’s largest iron-ore deposit, a suspect in a U.S. graft investigation said in conversations secretly taped by the FBI.
Citigroup Inc. reported an unexpected profit increase and beat analysts’ estimates as the company recouped funds previously set aside for bad loans and cut losses at a division holding unwanted assets.