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Cohen Wins Dismissal of $8B Short-Selling Lawsuit

The billionaire Steven A. Cohen won the dismissal of an $8 billion lawsuit accusing him and his former firm SAC Capital Advisors of conspiring with other hedge funds to spread false rumors about Fairfax Financial Holdings Ltd, hoping to “crush” or “kill” the insurer.

Dimon Praises Trump Regulation Efforts

JPMorgan Chase & Co. CEO Jamie Dimon complimented the administration of President Donald Trump in his annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts are helping his bank make more money.