Bridgewater fends off Chinese ‘All Weather’ copycats

Bridgewater fends off Chinese ‘All Weather’ copycats

SHANGHAI/NEW YORK, Aug 8 (Reuters) – Billionaire hedge fund manager Ray Dalio’s huge popularity in China has not only attracted local investors to his funds, but also spawned local challengers using his strategy and brand.” All Weather” to try and beat him at his own game. Now the Connecticut-based hedge fund giant he founded, Bridgewater … Read more

The disturbing reason a man’s voice mysteriously went hoarse for a year

The disturbing reason a man’s voice mysteriously went hoarse for a year

Over the course of a year, a man’s voice became progressively hoarser and his speech became shrill and grating, but he didn’t know why. On examining the man, doctors discovered the reason: fungi were growing in his throat. According to the report of the man’s case, published Thursday August 4 in the newspaper JAMA Otorhinolaryngology–Head … Read more

Exclusive: Cassava Sciences faces US criminal investigation linked to Alzheimer’s drug, sources say

Exclusive: Cassava Sciences faces US criminal investigation linked to Alzheimer’s drug, sources say

WASHINGTON, July 27 (Reuters) – The U.S. Justice Department has opened a criminal investigation into Cassava Sciences Inc (SAVA.O) to determine whether the biotech company manipulated research results for its experimental cancer drug. Alzheimer’s, said two people familiar with the investigation. Department of Justice staff investigating Cassava, based in Austin, Texas, specialize in investigating whether … Read more

Credit Suisse set to announce Koerner as CEO, latest change at helm – sources

Credit Suisse set to announce Koerner as CEO, latest change at helm – sources

July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) is set to announce Ulrich Koerner as chief executive, the Swiss bank’s latest management change as it struggles to recover from a series of scandals, two sources close to the situation said on Tuesday. Pressure has been mounting on current CEO Thomas Gottstein for months over … Read more

Explainer: Can Elon Musk challenge a court if ordered to buy Twitter?

Explainer: Can Elon Musk challenge a court if ordered to buy Twitter?

WILMINGTON, Del., July 13 (Reuters) – Twitter Inc (TWTR.N) has sued Elon Musk to force him into a $44 billion acquisition of the social media company. Read more What if Twitter succeeds and the world’s richest man, who regularly taunts securities regulators, refuses to comply with the court order? CAN A COURT ORDER MUSK TO … Read more