Larry Neumeister, Associated Press | Posted Jul 27th - 2:11pm
An investment banker defending himself against insider trading charges blamed his father Wednesday, saying through his lawyer that his father triggered over $1 million in illegal stock trades after hearing him talk about upcoming mergers and acquisitions.
Matt Damon is taking steps to address the diversity crisis in Hollywood through his and Ben Affleck's production company, Pearl Street Films, and collaboration with the people behind the Media, Diversity and Social Change Initiative at USC's Annenberg School. They're the latest high-profile names in the industry who are throwing their weight behind the goal of inclusion, including J.J. Abrams and Ryan Murphy.
SABMiller has suspended work on integrating its operations with those of Anheuser-Busch InBev while it reviews its sweetened bid, raising concern about completion of the 79 billion pound ($104 billion) takeover.
FBI Director James Comey said government and the tech industry need to sort out their differences over encryption before "something terrible happens" that would make productive conversations impossible.
Eric Tucker and Jack Gillum, Associated Press | Posted Jul 27th - 1:11pm
Republican presidential candidate Donald Trump encouraged Russia to meddle in American politics Wednesday, with a stunning recommendation to uncover and make public hacked emails that might damage his opponent, Hillary Clinton.
Joe Mandak, Associated Press | Posted Jul 27th - 12:31pm
The University of Pittsburgh Medical Center has paid $2.5 million to settle some claims in a federal whistleblower lawsuit accusing the hospital network of overbilling government insurance programs for neurosurgery.