Bill Ackman Courtesy of Adam Jeffery/CNBC On Wednesday, Bill Ackman held a quarterly conference call for investors in his fund, Pershing Square. And since his private funds are down 14% year to date and Pershing Square Holdings is down 18%,…
Syria’s powerful Nusra Front says ending link to al Qaeda
Al Qaeda’s powerful Syrian branch announced on Thursday it was ending its relationship with the global jihadist network founded by Osama bin Laden and changing its name, to remove what it called a pretext used by world powers to attack…
Egypt Christians look to new law to end discrimination
On a recent Sunday in southern Egypt, dozens of Coptic Christians gathered for mass next to the charred remains of a wooden structure they once used as a chapel. A priest and five white-clad deacons began chanting around a simple…
Reddit in chaos as hundreds of subreddits go private after Victoria Taylor leaves
How Reddit feels right now. REUTERS/Shannon Stapleton Reddit has been thrust into chaos on Friday as hundreds of the biggest communities on the social news site went dark following the sudden departure of a popular employee. Victoria Taylor, a staff…
Valeant mum on specialty pharmacies
Flickr/gemsling Valeant Pharmaceuticals ignored a key question on its investor call Monday morning. It did not disclose how many specialty pharmacies are in its network, despite being asked by Evercore ISI analyst Umer Raffat. This is a question for the…