Endeavour Capital is linking up with Barclays in an effort by the stricken hedge fund to survive by launching a new fund. Lips are sealed at the bank and the London hedge fund about who will put cash in. But after the highly-leveraged fund - which had almost $3bn under [...]

Nvidia (NVDA) shares are being decimated today following the company's warning after the close yesterday that results for its fiscal second quarter ending July will fall short of its previous guidance. As noted in yesterday's post, NVDA blamed weak end-demand, competitive pressures and product delays for its troubles. The Street [...]

For many summer associates, this holiday weekend will mark the halfway point of their foray into law-firm life. Not enough billables logged - yet - to litigate a case or negotiate a deal. But, certainly, six weeks is plenty of time for the sharp students lining the halls of the [...]

America's Internal Revenue Service (IRS) has solicited the help of some of the world's biggest accountants to help broaden its campaign against tax dodgers, two days after securing the unprecedented backing of a federal court to track down UBS customers suspected of evading US taxes.[...]

So what do we say? How do we act? How should we deal with extraordinary events like a liquidity run on an investment bank? In Vanity Fair, Bryan Burrough's exhumation of the Bear Stearns Cos. collapse raises those questions, particularly when he criticizes the folks over at CNBC for pouring [...]

Clive Crook on Walt Mossberg: I never miss his column, even though I cannot remember a single occasion when it told me something I didn't already know. (There must have been some; they just don't spring to mind.) Do not misunderstand me: Mossberg's popularity is entirely deserved. There is something [...]