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Last Updated Aug 27, 2016 01:05AM

Hedge fund manager Bill Ackman sent shares of Herbalife Ltd. tumbling on Friday after saying top investor Carl Icahn is trying to sell his stake in the nutrition company. In an interview with CNBC, Ac...

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  • Plot thickens in case of $35B company no one knows
    A key figure is stepping away from Neuromama Ltd., the obscure search engine firm whose market value surged to $35 billion on little trading volume be...
    Updated Aug 27 2016 01:05 am   |     |   Share
  • Alere sues Abbott to finish $5.8 billion deal
    Alere sued Abbott Laboratories claiming the medical-device maker failed to get U.S. antitrust clearance for their $5.8 billion merger agreement, poten...
    Updated Aug 27 2016 01:05 am   |     |   Share
  • Jeweler: Trump and Clinton are scaring couples
    He went to Jared. But not anymore. The self-styled “Galleria of Jewelry” has been among the more prolific purveyors of diamonds in recent years. But i...
    Updated Aug 27 2016 01:05 am   |     |   Share
  • Target seeks new supplier after sheets scandal
    Target is considering shifting some orders to Trident after it terminated $90 million of business with rival supplier Welspun India for labeling cheap...
    Updated Aug 27 2016 01:05 am   |     |   Share


MORE MONEY STORIES
  • Amazon angers mom-and-pop sellers with ‘arbitrary’ suspensions
    Andy Ayers was walking to his car in a Big Lots parking lot — shopping cart brimming with cereal, dog treats and Always brand feminine hygiene product...
    Updated Aug 27 2016 01:05 am   |     |   Share
  • TD’s own analyst questions why bank is lagging
    Toronto-Dominion Bank’s own analyst is wondering why the lender is becoming a laggard in Canadian banking, underscoring concerns that prompted two sto...
    Updated Aug 27 2016 01:05 am   |     |   Share
  • Japan iPhone to have tap-to-pay for subways
    Apple is planning a new iPhone feature for Japan that will enable users to pay for mass-transit rides with their smartphones instead of physical payme...
    Updated Aug 27 2016 01:05 am   |     |   Share
  • Commercial crabber Mal Luebkert holds a block of Organobait synthetic bait on his boat on the Great Wicomico river in Heathsville, Va., Thursday, Aug. 18, 2016. Fisheries for lobsters and crabs have grappling with a shortage of bait that synthetic bait may help with. (AP Photo/Steve Helber) Biotech bait gives lobstermen an alternative
    Portland, Maine • Lobster and crab fishermen have baited traps with dead herring for generations, but an effort to find a synthetic substitute for for...
    Updated Aug 26 2016 09:09 am   |     |   Share
  • In this Wednesday, Aug. 24, 2016, photo, truck and automobile traffic mix on Interstate 5, headed north through Fife, Wash., near the Port of Tacoma. The federal government wants to limit how fast trucks, buses and other large vehicles can drive on the nation’s highways. A new regulation posted Friday, Aug. 26, would impose the nationwide limit by electronically capping speeds with a device on newly-made U.S. vehicles that weigh more than 26,000 pounds. (AP Photo/Ted S. Warren) U.S. wants to lower speeds on trucks, buses
    Detroit • The U.S. is seeking to forcibly limit how fast trucks, buses and other large vehicles can travel on the nation’s highways. A new proposal Fr...
    Updated Aug 26 2016 06:37 pm   |     |   Share
  • Airlines bring sandwiches, streaming to coach
    After decades of red ink, U.S. airlines have gotten their financial houses in significantly better order. And while this new wherewithal certainly won...
    Updated Aug 26 2016 06:30 pm   |     |   Share
  • FILE - This Aug. 20, 2013 file photo shows blood donated in Indianapolis. On Friday, Aug. 26, 2016, the Food and Drug Administration recommended that all U.S. blood banks start screening for the Zika virus, a major expansion intended to protect the nation’s blood supply from the mosquito-borne disease. (AP Photo/Michael Conroy) FDA expands Zika screening to all blood centers
    Washington • The government told all U.S. blood banks Friday to start screening for Zika, a major expansion intended to protect the nation’s blood sup...
    Updated Aug 26 2016 06:27 pm   |     |   Share
  • California bill bans coal-export funding
    Sacramento • California Gov. Jerry Brown signed legislation Friday banning state transportation funding for new coal export terminals. The bill repres...
    Updated Aug 26 2016 06:24 pm   |     |   Share
  • Federal Reserve Chair Janet Yellen arrives for a reception on the opening night of the annual meeting of the world’s central bankers at Jackson Lake Lodge in Grand Teton National Park, north of Jackson Hole, Wyo., Thursday, Aug. 25, 2016. Yellen is to address the gathering on Friday. (AP Photo/Brennan Linsley) Yellen suggests that a rate hike coming, offers no timetable
    Washington • Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market a...
    Updated Aug 26 2016 06:17 pm   |     |   Share
  • Yellen imagines Fed tinkering with inflation target
    Federal Reserve Chair Janet Yellen raised the possibility that future policymakers might increase their inflation target and broaden the types of asse...
    Updated Aug 26 2016 04:18 pm   |     |   Share
  • Stocks end mostly lower on Wall Street
    New York • Stocks ended mostly lower on Wall Street, giving up a modest gain from earlier in the day after Fed Chair Janet Yellen gave an upbeat asses...
    Updated Aug 26 2016 04:15 pm   |     |   Share
  • GameStop, Aceto fall, Rackspace Hosting gains
    New York • Stocks that moved substantially or traded heavily on Friday: • GameStop Corp., down $3.42 to $28.74 The video game retailer cut its forec...
    Updated Aug 26 2016 04:12 pm   |     |   Share
  • What an unlucky bunch of passengers
    Rochester, N.Y. • A United Airlines ExpressJet flight from New Jersey to Toronto had to make an emergency landing in Rochester, New York, just hours a...
    Updated Aug 26 2016 10:50 am   |     |   Share
  • In this Wednesday, Aug. 24, 2016, photo, truck and automobile traffic mix on Interstate 5, headed north through Fife, Wash., near the Port of Tacoma. The federal government wants to limit how fast trucks, buses and other large vehicles can drive on the nation’s highways. A new regulation posted Friday, Aug. 26, would impose the nationwide limit by electronically capping speeds with a device on newly-made U.S. vehicles that weigh more than 26,000 pounds. (AP Photo/Ted S. Warren) U.S. wants to force lower speeds on truck, bus drivers
    Detroit • The U.S. is seeking to forcibly limit how fast trucks, buses and other large vehicles can travel on the nation’s highways. A new proposal Fr...
    Updated Aug 26 2016 02:09 pm   |     |   Share
  • Online fishing, hunting license sales halted in 3 states
    Boise • Idaho, Oregon and Washington have shutdown online sales of hunting and fishing licenses amid concerns a vendor’s computer system has been hack...
    Updated Aug 26 2016 01:15 pm   |     |   Share
  • Minnesota nurses to strike on Labor Day
    Minneapolis • The union representing about 4,800 nurses at five Allina hospitals in the Twin Cities area has notified the company it will begin a stri...
    Updated Aug 26 2016 09:21 am   |     |   Share
  • Undated handout image issued by Virgin.com  on Friday Aug. 26, 2016,  of Sir Richard Branson after he was involved in an accident when he crashed his bicycle on Virgin Gorda, one of the British Virgin Islands in the Caribbean.  The Virgin founder badly damaged his cheek and suffered severe cuts to his knee, chin, shoulder and body. Sir Richard said: ’I was heading down a hill towards Leverick Bay when it suddenly got really dark and I managed to hit a traffic hump in the road head on.(Virgin.com via AP) Richard Branson survives bicycle crash
    London • Billionaire entrepreneur Richard Branson says he thought he was going to die after flying head first off his bicycle in the British Virgin Is...
    Updated Aug 26 2016 09:18 am   |     |   Share
  • FILE - In this Thursday, March 5, 2015, file photo, Budweiser beer cans are seen at a concession stand at McKechnie Field in Bradenton, Fla. A British court has ruled that two groups of SABMiller shareholders should vote separately on Anheuser-Busch InBev’s 79 billion pound ($104 million) takeover, effectively giving smaller investors the outside chance to derail the deal. he decision Tuesday, AUG. 23, 2016 is seen as a concession to smaller shareholders who complained that their payout plummeted in relation to larger investors after the pound fell following Britain’s vote to leave the European Union. (AP Photo/Gene J. Puskar, File) Brewer AB Inbev to cut thousands in takeover
    Brussels • The world’s largest brewer, AB Inbev, expects to cut about 3 percent of its total workforce — equivalent to thousands of jobs — once it com...
    Updated Aug 27 2016 07:44 pm   |     |   Share
  • Settlement reached in Alabama bank failure
    Miami • Lawyers for accounting giant PricewaterhouseCoopers and a defunct mortgage company’s creditors and investors have reached a settlement in a la...
    Updated Aug 26 2016 09:15 am   |     |   Share
  • In this Dec. 30, 2009 photo, Lotte group chairman Shin Dong-bin and vice chairman Lee In-won, right, attend an opening ceremony for Lotte Miso Microcredit Bank in Seoul, South Korea. Lotte Group said Friday, Aug. 26, 2016, Lee has been found dead as authorities widen a probe into corruption at South Korea’s fifth-largest business group. (Yonhap via AP). KOREA OUT Lotte Group exec found dead before corruption probe
    Seoul, South Korea • Lotte Group’s vice chairman has been found dead as authorities widen a probe into corruption at South Korea’s fifth-largest busin...
    Updated Aug 26 2016 09:00 am   |     |   Share