SEC insider trading rule has loopholes, says study

A rule to limit trading based on nonpublic stock information has limited effectiveness, according to a recent study by Texas McCombs Finance Professor Robert Parrino.

Super Typhoon Saola sweeps towards southern China cities

Tens of millions of people in Hong Kong, Shenzhen and other southern Chinese megacities sheltered indoors Friday as Super Typhoon Saola threatened to become the strongest storm to hit the region in decades.

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