HONG KONG (Reuters) – Former Goldman Sachs (GS.N) trader Morgan Sze is set to launch his highly anticipated $1 billion-plus hedge fund in Hong Kong on Friday, three sources familiar with the plan told Reuters.
BANGALORE (Reuters) – The Securities and Exchange Commission is investigating whether Wall Street firms sold a complex type of bond without clarifying the risks attached to it, the Wall Street Journal said, citing people familiar with the matter.
BOSTON (Reuters) – U.S. chief executives' view of the economy brightened in the first quarter, with more than half now ready to add jobs -- a critical step if the economy's recovery is to gain steam.
NEW YORK (Reuters) – Amazon.com Inc is introducing an online service to allow customers to store their music files remotely and access them through their smartphones and computers in a move aimed at drawing music buyers from rivals such as Apple Inc's iTunes.
LOS ANGELES – A website that sold Beatles songs online for 25 cents apiece before they became legally available has agreed to pay record companies nearly $1 million to settle a federal lawsuit.
NEW YORK – A friend of slain radio and TV personality DJ Megatron told investigators Monday the two were chatting on the phone as the deejay went out to buy marijuana when the line went dead, likely because he'd been shot.
