Activist investor William Ackman told investors through a letter dated October 2 that he had reduced over 40% of his USD1 billion investment with nutritional supplements company Herbalife.

Concert promoter AEG Live was not responsible for Michael Jackson's death, the jury ruled. A jury in a Los Angeles court cleared concert promoter AEG Live of any liability in Michael Jackson's death in 2009.

Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.

Multiple sources and data from purchasing contracts indicated that Intellectual Ventures had slowed down in its patent buying to raise USD3 billion in capital.

The Alibaba Group led the Series C round for Quixey, of which its latest funding round raised USD 50 million in capital commitments.

Investment advisor Jemstep said it was able to add USD 4.5 million for its Series A follow-up round.

Veeva Systems Inc filed for a USD 182.6 million IPO in the New York Stock Exchange. Cloud computing company Veeva Systems Inc filed for an initial public offering to raise up to USD 182.

Veeva's cloud software solutions expansion would go full blast after the capital infusion post-IPO.

Protein Bar disclosed receipt of capital funding from consumer-focused private equity firm Catterton Partners.

BlueCrest Capital Management hired Marcel Kfoury after the resignation of Michael Platt, said a Reuters report.