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Dec 18, 2015- Representatives for pharmaceutical boss Martin Shkreli, who sparked outrage after hiking up the price of a medicine used by Aids patients, say he strongly denies fraud charges. And now he has been indicted on criminal charges that he bilked a company out of millions...

The publications were acquired December 10 by News + Media Capital Group LLC, a newly formed Delaware-domiciled company backed by “undisclosed financial backers with expertise in the media industry”, Michael Schroeder, who was identified as the manager of News +...

The shares rose in early trading, and were up 2.7 percent to $112.55 before the market opened in NY, after falling as much as 6 percent earlier.

Interest rates on short-term Treasury bills climbed in Monday’s auction as investors anticipate an interest rate increase by the Federal Reserve next week.

Oil traded near the lowest price since February 2009 as US crude inventories surged and the Federal Reserve raised interest rates for the first time in nearly a decade.

Bookbinder says the drug-pricing scandal no doubt brought added scrutiny to Shkreli’s business dealings – scrutiny the entrepreneur nearly invited by his outrageous response.

Probably Shmurda shouldn’t hold his breath, considering Shkreli was just released from jail on million bond after a Thursday hearing.

The widely expected rate hike, though small, is seen as a sign of how much the United States economy has healed since the 2007-08 financial crisis.

The newspaper was purchased last week by News + Media Capital Group LLC, which is backed by “undisclosed financial backers with expertise in the media industry”, the newspaper reported.

Iron ore’s price collapse will extend into the $20 a metric ton range by 2017 or even sooner as a surplus in the export market continues to grow, according to Axiom Capital Management Inc.

Senior advocate Pinaki Misra, appearing for Delhi based auto dealers, had said the tribunal has passed a “harsh” direction by ordering that there would be no registration of new diesel vehicles and would have “cascading” effect.

News + Media Capital Group LLC bought the Las Vegas Review-Journal and some affiliated publications for $140 million, a markup of about 37 percent from the paper’s last sale earlier this year, when the similarly named New Media Investment Group bought it. The new buyer was...

Traders are preparing for even lower crude prices next year, taking up increasing amounts of put options to sell USA crude in February should prices fall to $30, $25 or even $20 per barrel, according to Reuters data. A resurgent Iran may present a greater threat as it prepares to...

Meanwhile, the shift in the U.S.to producing more oil has made the stock market more vulnerable to price swings in the commodity.

The charges relate to his time at a drug company he previously headed, Retrophin Inc., and a hedge fund, MSMB Capital Management, where he was a fund manager. A second defendant, attorney Evan Greebel, of Scarsdale, New York, was charged with conspiracy to commit wire fraud.