For investors, it appears doing your homework does trump dumb luck. Hedge funds that frequently accessed SEC filings such as annual reports posted better-than-average returns in the following month compared with non-users, according to a new academic study. The working paper from Rice University finds that funds accessing one or more SEC filings in a…

Ellen Pompeo is speaking up on The Ellen DeGeneres Show. In early March, Pompeo denied on Twitter that her new $20 million salary on Grey’s Anatomy had anything to do with co-stars Jessica Capshaw and Sarah Drew leaving the ABC series, and DeGeneres gave Pompeo the opportunity to elaborate on Thursday’s episode. “It’s absolutely not true,” said…

Tesla Shareholders Approve Massive Compensation Deal for Elon Musk | Fortune ‘I Expect to Remain CEO for the Foreseeable Future’ Says Elon Musk After a Colossal Compensation Deal Search

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Spencer Platt | Getty Images Traders work on the floor of the New York Stock Exchange Friday morning on Feb. 9, 2018 in New York City. The PowerShares QQQ Trust (QQQ), which tracks the tech-heavy Nasdaq 100 index, dropped 1.4 percent, breaking below its 50-day moving average, a key technical level. « Up until last week,…

OK, let’s get a few things straight: A revolution is not happening in college basketball. Nor is what is happening in this NCAA tournament unprecedented. We’ve had crazier tournaments. What isn’t crazy is The Bilastrator’s order of the 16 remaining teams.

Facebook-Chef Mark Zuckerberg hat in dem Skandal um mutmaßlichen Datenmissbrauch zwar Fehler eingeräumt – sein Unternehmen gerät dennoch immer stärker in die Defensive. Justiz- und Verbraucherschutzministerin Katarina Barley (SPD) kündigte an, Vertreter des Unternehmens in ihr Ministerium zu laden, um eine Erklärung zu erzwingen. Die EU-Justizkommissarion Vera Jourová warnte angesichts des Datenskandals gar davor, die…

Theresa May Leon Neal / Getty Theresa May will today urge EU countries to do more to stand up to Russia. She will address the EU Council in Brussels as she seeks multilateral retaliation for the poisoning of Sergei Skripal. A senior UK government source says the EU must now see Russia as a « strategic…