Icahn reignites billionaire battle with ‘obsessive’ Ackman
Carl Icahn bought 2.3 million shares of Herbalife and criticized Bill Ackman for obsessing over his short position in the company.
Investors pull out of European stocks in record outflow streak, pile into bonds
Investors prefer bonds over stocks, and European equities are well out of favor, according to the latest fund flow data.
Building a community restaurant in Botswana
Despite the often frustrating employment situation for young Botswanans, one young entrepreneur is ploughing ahead while remaining thoroughly rooted in his community.
Pawn addiction
As designer handbags receive record prices at auction, women are increasingly taking them to pawn shops to borrow money against them.
US to invest $2.5bn in high-speed rail expansion
US vice president Joe Biden announces plans to lend railway operator Amtrak $2.45bn (£1.86bn) to expand services and make upgrades.
A cheaper airbag, and Takata’s road to a deadly crisis
Takata’s airbags are now at the center of the auto industry’s biggest recall, The New York Times reports.
Ben & Jerry’s recalls Cookie Dough ice cream batches
Ice cream maker Ben & Jerry’s recalls tubs of one of its best-selling products over concern they may contain small pieces of metal.
Fed’s Janet Yellen says case for rate rise has strengthened
The case for raising US interest rates has “strengthened”, the head of the Federal Reserve Janet Yellen says.
Richard Branson on bike crash: ‘My life was literally flashing before my eyes’
Richard Branson says he thought he was going to die after flying head first off his bicycle in the British Virgin Islands.
Why Bill Gross is Fed up about future tightening
Bill Gross says he’s disappointed that the Fed may consider buying other asset classes if there’s another recession.