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News Link • Events: America

Frontrunning: February 3

•, by Tyler Durden
* The Justice Department joined a widening investigation of banks, private-equity firms and hedge funds that may have violated anti-bribery laws in dealings with Libya's government-run investment fund.
* Actor Philip Seymour Hoffman was found dead of an apparent drug overdose late Sunday morning in his New York City apartment, police said.
* The Seattle Seahawks beat the Denver Broncos 43-8 in Sunday night's Super Bowl XLVIII in a shocking blowout that saw the greatest quarterback of his generation, Peyton Manning, look helpless against an immovable Seahawks defense.
* After a choppy start to 2014, many portfolio managers are shifting away from the kinds of investments that did exceptionally well in 2013 but are vulnerable to large swings.
* Buoyed by strong credit ratings and rising deposits, Asian banks have become bigger global players as they chase higher yields and look to diversify their business.
* Wal-Mart Stores Inc told the National Labor Relations Board that it was within its rights when it disciplined workers for taking part in short strikes, setting up a legal test of a phenomenon that is reshaping relations between companies and labor.

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