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FedEx sued over deadly California bus crash

LOS ANGELES (AP) — The mother of a 17-year-old honors student who was among 10 people killed in a fiery Northern California bus crash sued FedEx on Tuesday, alleging that its trucks have a history of catching fire. More: continued here

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Royal Mail shares demand outstrips supply

Huge interest among members of the public will hit institutional investors, but hundreds of staff refuse allocation of free shares Dozens of banks, hedge funds and other institutional investors will be prevented from buying any Royal Mail shares as demand for stakes in the privatisation hugely outstrips supply. Institutional investors …

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Royal Mail shares: hedge fund takes biggest private stake

TCI's 5.8% slice of Royal Mail shares fuels criticism of Vince Cable over 'fire sale' as Labour says small investors let down A hedge fund known for its aggressive investment strategy has become the largest private shareholder in Royal Mail, re-igniting anger over Vince Cable's controversial privatisation of the postal …

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U.S. alleges insider trading in eBay deal

WASHINGTON/NEW YORK (Reuters) – The U.S. government on Friday filed criminal and civil charges accusing a former executive of insider trading in advance of eBay Inc's (EBAY.O) purchase of his e-commerce company. The case against Christopher Saridakis, 45, is also notable because it marks the first time the U.S. Securities …

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