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Former Two Sigma Investments LLC Kang Gao allegedly used a special software to misappropriate company information and stole it for his personal gain, according to a criminal complaint.

In the second day of her testimony regarding the phone hacking allegations at the now-closed News of the World tabloid, former editor and head Rebekah Brooks claimed she had no knowledge about payments made to a private detective to hack phones to gain front-page scoops for the newspaper, Bloomberg said.

Documents published by the US National Transportation Safety Board corroborated evidence of pilot errors as the cause of the crash of UPS' Airbus A300-600F plane in Birmingham, Alabama. The documents revealed that the pilots had been struggling to keep up with their nighttime work shifts, Bloomberg said.