05/02/2014

SEC probing hedge funds' bets on Herbalife

Herbalife has steadfastly denied running a business where members earn more for recruiting other members into the scheme than for selling its products to retail customers.

05/01/2014

Invesco's first-quarter profit falls 15.5 percent after UK fine

The company's Invesco Perpetual unit was fined 18.6 million pounds ($31.3 million) by British financial regulators who said the fund manager exposed its clients to more risk than they knew about between May 2008 and November 2012, resulting in their

04/30/2014

The Hedge Fund Kid and the Treasure Ship

On Monday, a deep-water exploration ship lingered 160 miles off the coast of Charleston, S.C. The vessel is operated by Odyssey Marine Exploration, a company with a unique business model: It recovers treasure from shipwrecked vessels.