Bloomberg reported that Airbnb is set to provide its arguments over the probe of the company's alternative housing service by New York Attorney General Eric Schneiderman for potential state law occupancy and housing violations.
Should the US Court of Appeals decides to overturn the convictions of Level Global Investors LP co-founder Anthony Chiasson and ex-Diamondback Capital Management LLC portfolio manager Todd Newman, Bloomberg said that the insider trading conviction of SAC Capital Advisors LP fund manager Michael Steinberg might be in danger of getting reversed as well.
Bloomberg reported that several South Korean reports are indicating that the people are angry at how the administration of South Korean President Park Geun Hye have handled the Sewol sinking ferry tragedy.