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This week's sharp stock sell-off helped activist short-seller Andrew Left profitably close a long-held bet against online retailer Wayfair on Friday.

James Maurici, adviser to government on runway project, in talks over timing of departure

The U.S. dollar slid to a seven-week low against the Japanese yen on Friday after Federal Reserve Chair Jerome Powell suggested the central bank could cut interest rates in the wake of the coronavirus.

Top U.S. regulatory officials are expected to discuss the economic implications and financial market impact of a potential coronavirus pandemic at a meeting next Wednesday of their systemic threat panel, three sources told Reuters.

Verdicts raise doubts on ability to prosecute corporate crime

Federal Reserve Chair Jerome Powell on Friday said the central bank will "act as appropriate" to support the economy in the face of risks posed by the coronavirus epidemic, though he said the economy remains in good shape overall.

TMX Group, the operator of Canada's biggest stock exchange, has added more capacity to handle orders after record volumes the previous day caused a technical glitch and halted trading, its interim chief executive told Reuters on Friday.

Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or because returns have lagged, but because he wants to do something different. "Our investors are very happy, and my energy and productive years ahead still amply...

Top U.S. regulatory officials are expected to discuss the market and economic implications of a potential coronavirus pandemic at an upcoming meeting of their systemic threat panel, three sources told Reuters.

This week's stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional stock market funds during a time of market stress.