©2015 Bloomberg News NZS1N66VDKHT (Bloomberg) — If oil’s slump to an 11-year low stung traders, it’s just a taste of the hardship felt by the industry. Brent’s plunge to $35.98 a barrel on Tuesday, its weakest intraday level since 2004, was probably painful enough for any remaining oil bulls. But that
The man many call “the most hated man in America” has been arrested for securities fraud. Martin Shkreli, the 32-year-old chief executive of Turing Pharmaceuticals, “has been called a ‘morally bankrupt sociopath,’ a ‘scumbag,’ a ‘garbage monster,’ and ‘everything that is wrong with capitalism,’” and those are some of