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The Two-Way
10:42 am
Thu July 25, 2013

Feds Charge SAC Capital In Insider Trading Case

Former SAC portfolio manager Michael Steinberg (center) exits a Manhattan federal court with his attorney after his indictment on securities fraud charges in March.
Louis Lanzano AP

Originally published on Thu July 25, 2013 11:29 am

Federal officials in New York City have charged SAC Capital Advisors with insider trading, the culmination of a protracted investigation into the hedge fund founded by embattled billionaire Steven Cohen.

SAC is charged with one count of wire fraud and four counts of securities fraud in connection with alleged insider trading by "numerous employees" at "various times between in or about 1999 through at least in or about 2010," according to the indictment.

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The Two-Way
9:09 am
Thu July 25, 2013

Jobless Claims Rose Last Week; Key Orders Up In June

Originally published on Thu July 25, 2013 10:04 am

There were 343,000 first-time claims filed for unemployment insurance last week, the Employment and Training Administration says. That was up from an estimated 336,000 the week before.

The increase is from what had been a 10-week low. But basically, claims have been ranging between the mid-330,000s and mid-370,000s all year. Like other employment indicators, the jobless claims figures have been signalling that job growth remains modest.

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The Two-Way
8:26 am
Thu July 25, 2013

Top Stories: Deadly Train Crash; Manning Trial Nears End

Originally published on Thu July 25, 2013 10:02 am

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Shots - Health News
7:48 am
Thu July 25, 2013

Hackers Track Their Vital Signs. Sounds Cool, But TMI?

Christopher Hopkins feels amazing, and he's got the data to prove it.
Courtesy of Christopher Hopkins

Originally published on Thu July 25, 2013 5:55 pm

Large-scale data mining in health care sounds scary, but dial back that fear for a minute. What about mining your own data to make informed decisions about your day-to-day health?

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The Two-Way
7:27 am
Thu July 25, 2013

Book News: Jane Austen To Replace Darwin On The 10-Pound Note

The governor of the Bank of England, Mark Carney, displays the concept design for the new 10-pound banknote featuring author Jane Austen.
Getty Images

The daily lowdown on books, publishing, and the occasional author behaving badly.

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