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Posted inBusiness

SEC lifts ban on hedge fund ads

WASHINGTON – For the first time, hedge funds will be allowed to advertise to the general public under a rule adopted Wednesday by federal regulators. The Securities and Exchange Commission voted 4-1 to lift a decades-old ban that prevents hedge funds, private equity firms and other private investment managers from marketing their products to a […]

Posted inSports

NBA Roundup: Cavaliers sign Bynum to a two-year contract

CLEVELAND – The Cleveland Cavaliers are taking a chance on Andrew Bynum and his creaky knees. The free-agent center, who never played one second with Philadelphia last season because of knee injuries, agreed to terms on a two-year contract with the Cavs, a person familiar with the negotiations told The Associated Press. Bynum accepted the […]

Posted inBusiness

Briefcase

    The price of oil has shot up $11 a barrel in two weeks on rising demand in the U.S. and political upheaval in the Middle East. Gas prices are about to follow. There’s another factor: Bottlenecks that had trapped increasing amounts of domestically produced oil in the middle of the country are loosening. […]

Posted inNation & World

Study suggests females may cope better with stress

LOS ANGELES – In the battle of the sexes, a new study places females in the lead — concluding that they respond better to repeated stress thanks to estrogen. “It’s kind of a popular view that males and females respond differently to stress,” said University at Buffalo neuroscientist and study co-author Zhen Yan. “Our study […]