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Services sector expands for third month

Australian Industry Group services index rises 1.5 points to 55.6, expanding for third month.

Bolt picks third gold as Jamaica wins 4x100m double — IAAF World Championships

For Usain Bolt, this is a memorable world championships by winning a third gold medal as the anchor of the Jamaican 4 x 100m relay team. And he ran 4:17.52 to finish with a record 9,045 points haul. More on Eaton’s feat here. With the 2015 World Championships right around the corner, Bolt’s times were

What's wrong with Borussia Mönchengladbach?

Last year's third place finish may have been a slight overachievement, but after picking up zero points from their first three Bundesliga games, there's real concern for Lucian Favre's team. This was supposed to be the year that Borussia Mönchengladbach took the next step. Show More Summary

Dan Loeb's fund gains got wiped out in August

Another top fund manager got crushed in the month of August. Daniel Loeb's Third Point Offshore Fund, which employs an event-driv en and value investing strategy, erased nearly all of its gains for the year. In a volatile month, the fund fell 5.2% and is now up just 0.1%, according to a performance update. Show More Summary

Hedge fund wobbles hand ammunition to fee fighters

Big names from Greenlight to Pershing to Third Point have taken a pounding from recent market turmoil. It’s just a month’s bad performance. But if high-priced managers can’t provide a hedge to regular investments, it lends extra weight to Calpers and others who are ditching them.

Teen Impersonates Policeman, Accidentally Attempts to Pull Over a Cop

Ah, the folly of youth. Who among us did not, at some point, break curfew, hit third base in the school bathroom, or get arrested for impersonating a police officer while pulling over a car that turned out to contain an actual cop? Read more...

Revisit Everything Wonderful About Geocities With One Impeccable Website

Remember Geocities? No? Well you're about to. It's hard to believe, but at one point, Geocities was the third most visited website in the world (behind AOL and Yahoo!) before meeting its demise in 2009. Consisting of 38 million pages, everyday people built these personal sites on their desktop PCs long before the rise of blogging platforms or social networks. Read Full Story

Scott Dixon wins IndyCar title by winning at Sonoma

Your browser does not support iframes. Scott Dixon was a bit surprised while in victory lane after Sunday's IndyCar Series finale. Dixon entered the race third in the IndyCar Series points standings and needed some misfortune from both...Show More Summary

Scott Dixon wins IndyCar title by winning at Sonoma

Scott Dixon was a bit surprised while in victory lane after Sunday's IndyCar Series finale. Dixon entered the race third in the IndyCar Series points standings and needed some misfortune from both Juan Pablo Montoya, the points leader...Show More Summary

‘Real Housewives’ Bethenny Frankel Points Out Drunk Ramona Singer At Reunion

The Real Housewives of New York is approaching the final segment of its reunions, and it seems the third installment will be a bit lighter, perhaps because Ramona Singer had one too many Pinots and fell asleep. Though we see her with a wine glass in hand in almost every episode, it seems the combination... Show More Summary

Point guard becomes Iowa’s third 2016 commitment

Three of Jordan Bohannon's older brothers have played Division I college basketball, but he's the first to pick their father's alma mater.

The Best Explanation If Exposed As An Ashley Madison Member...

... comes from Dan Loeb of Third Point, who as Gawker points out admits to being a member of the hacked cheating website: due diligence. To wit: “As my family, friends and business colleagues know, I am a prolific web surfer. Did I visit...Show More Summary

Billionaire hedge fund manager Dan Loeb had an Ashley Madison account

Billionaire hedge fund manager Dan Loeb had an account on cheating website Ashley Madison. Gawker reported the account Thursday, citing account data released by hackers. The Third Point CEO confirmed to Gawker via a spokesman that the account was his. Show More Summary

The most influential name in activism you've never heard of is on an absolute tear (GS, jpm)

There is a big name in activist investing that has been involved in more than 50 campaigns so far this year. It isn't Pershing Square, Icahn Associates, or Third Point. You have probably never heard of it. It is Wall Street law firmShow More Summary

A third of millennials whip out their cellphones in public ‘for no particular reason’

If you're a millennial, or if you know one, then you've probably struggled at some point with the social etiquette of the cellphone. Highly scientific surveys show that millennials are horrible, antisocial subhumans who can't be bothered to tear themselves away from their screens. But it also happens that their elders aren't much different, either. Older generations may […]

It's Not SUNE For Hedge Fund Hotels As The Liquidation Continues

Yesterday, we highlighted what could well have been the catalyst for the collapse late in the session. SUNE has crashed in the last two days as the hedge fund hotel which boasts such guests as Greenlight, Third Point, Glenview, LoneShow More Summary

Schoolchildren are tossing more than a third cup of fruits and veggies in the trash each lunch

last weekHealth : The Checkup

In the war to get America's children to eat healthier, things are not going well.Student E114 is a case in point. E114 -- the identification code she was assigned by researchers studying eating habits at the public elementary schoolShow More Summary

Conservative rebellion on Greek aid hits Merkel's support: poll

BERLIN (Reuters) - Support for German Chancellor Angela Merkel's conservatives has slipped by two percentage points due to divisions within her parliamentary bloc over a third bailout for Greece and even her own popularity has taken a hit, a poll showed on Wednesday.

Is This The Stock That Set-Off Today's Collapse?

With some of the biggest hedge funds - including Greenlight, Third Point, Glenview, Lone Pine, Fir Tree, Steadfast, Omega, York, and Canyon - all heavily invested in Sun Edison, we can't help but wonder if the total and utter collapse...Show More Summary

Third Point, Regulators Settle Over Antitrust Filings for 2011 Yahoo Stake

The FTC and Justice Department announced a settlement with Third Point over allegations the hedge fund failed to properly file for antitrust clearance when it built its position in Yahoo in late 2011.

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