An Auction House Learns the Art of Shadow Banking

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An Auction House Learns the Art of Shadow Banking

A year before he got caught up in a U.S. money-laundering investigation, Malaysian financier Jho Low was looking to borrow more than $100 million
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Shell's quarterly profits sink 70 percent, below expectations

Filled oil drums are seen at Royal Dutch Shell Plc's lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014.
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Teva, Allergan win US antitrust approval for generics deal

WASHINGTON Teva Pharmaceutical Industries Ltd (TEVA.TA) won U.S. antitrust approval to purchase Allergan Plc's (AGN.N) generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday.
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Forrest E. Mars Jr., enigmatic steward of family confectionery, dies at 84

Forrest E. Mars Jr., who helped build his family's candymaking empire into one of the richest businesses in the world, stocking treat jars around the globe with Milky Ways, Snickers and M&Ms while maintaining the company's tradition of extreme secrecy …
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Amazon debuts a dedicated shop for Kickstarter products

Funding a project on Kickstarter is like placing a bet – will the project ever work? Will it ship? Or will you just be out a chunk of change?
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