Business: Latest Financial Topics from CNBC

Ackman to face grilling after record quarterly loss
Billionaire investor William Ackman is set to face close questioning on Wednesday when he details his hedge fund’s biggest-ever quarterly loss.

Europe stocks higher as oil rebounds; data eyed
European markets traded higher on Wednesday morning as investors digested new data from China and Germany.

Is Israel the new Silicon Valley?
Tech and cyber-security know-how, startup spirit, VC funds and even the climate make Israel a bit like the Bay Area, says Richard Beales.

How you move your mouse could stop cybertheft
Biometric technology has emerged as a go-to solution for improving digital security and how fast you type could soon stop hackers.

Blind people can now ‘see’ photos on Facebook
Social media platforms may be a great way of telling the world about your life, but not everyone can appreciate these moments in full.

Changes for baseball as season starts: MLB’s Manfred
The baseball season has started and MLB commissioner Rob Manfred talks about the ins and outs of the game.

Judge grants $20B settlement in BP oil spill
A U.S. District Judge’s final order on the 2010 case holds that the sum will help cover environmental damage, among other things.

Massive pension fund could return to tobacco stocks
Five years after it exited the lucrative tobacco biz, a social-activist investor “has been reviewing changes to its divestment policy.”

And the top airlines are…
Researchers used publicly available information from the U.S. Department of Transportation to rate the airlines.

‘Panama Papers’: Who will get hit hardest?
In the “Panama Papers” fallout, some may be hit hard but others could skate by relatively unscathed, say these BreakingViews columnists.

Why food giants are seeking out start-ups
This and other food giants are investing in food-related start-ups and entrepreneurs to develop the up-and-coming businesses, USA Today reports.

‘Death by overwork’ is on the rise in Japan
Death by overwork, or “karoshi”, on the rise in Japan. Record claims for karoshi compensation in year to end-March 2015.

African banks complete $25M repo transaction
In a sign of sub-Saharan Africa’s maturing economies, two banks have agreed to a $25 million repurchase (repo) transaction.

Why the massive ‘Panama papers’ leak matters
Documents leaked by a Panamanian law firm reveal shocking findings of corruption and tax avoidance, Vox reports.

This state is set to approve highest minimum wage
It would be America’s highest state minimum wage.

Steve Wozniak’s predictions for the next 40 years
Forty years after Apple started, co-founder Steve Wozniak outlined his tech predictions for the next four decades.

Legal pot business buzzing, but growing pains loom
As revenues grow, the legal pot business faces issues from competition and D.C. Here’s how it could shake out.

Hack the Pentagon to win $150,000 bounty
The U.S. Department of Defense has put together a prize fund of $150,000 for any hacker who can find problems in its security.

Amazon in talks to buy stake in HERE: Report
Amazon is in talks with a consortium of German carmakers about taking a stake in high-definition digital mapping company HERE.

Can this brand put Indonesia on global fashion map?
One Indonesian fashion designer has gained kudos for his avant-garde designs which have been worn by Kim Kardashian and Lady Gaga.

Author’s letter criticizing Trump casino sells for…
A letter written by Harper Lee that saw the novelist criticize one of Trump’s casinos, has sold for almost $4,000.

Tesla shareholder talks the Model 3
One Tesla shareholder affirms his confidence in the performance of the company’s upcoming Model 3 electric car.

Monaco investigating ‘vast’ corruption scandal
The government says it’s investigating a scandal implicating “numerous foreign companies active in the oil sector.”

Condoms with one click? Amazon has that
Amazon Prime members can now order thousands of brand name products with one click of a button.

Ex-CFO’s book reveals why Lehman failed
Former Lehman CFO Erin Callan’s new memoir exposes the reasons why the firm failed spectacularly in 2008, says Reuters columnist Dominic Elliott.

The stocks that surge—and sink—on jobs Friday
Another month, another jobs report. When March’s number hits on Friday, here’s how you play it.

Tesla takes risks with its new Model 3
The company is unveiling its first affordable mass-market electric car. USAToday reports.

McDonald’s is about to push into Asia with relish
McDonald’s has set its sights on Asia, with the plan of adding over 1,500 new restaurants in 3 popular markets.

You definitely won’t want to smoke or drink here…
Enjoy smoking, drinking and eating junk food? You may want to skip the visit to Finland or Sweden.

‘Making it’ at Goldman
Julissa rose to VP at Goldman by age 27 and during most of that time she was an undocumented immigrant. Find out how.

Why you aren’t going to lose your job to AI
Artifical intelligence (A.I.) isn’t likely to take your job any time soon, according to the CEO of an automation company.

China state-owned enterprise defaults on ‘dim sum’ bond
The default marks the first debt breach by a state-owned enterprise in China’s offshore market in nearly two decades, the FT reports.

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