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Third Point's Loeb: We're the good guys!

In a newly-released investor letter, Third Point's chief Dan Loeb defended modern-day activist techniques.
Source: CNBC.com | By: Kate Kelly
E&Y Japan arm launches internal probe of Toshiba audit

TOKYO, Aug 1- The Japanese affiliate of Ernst& Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker's $1.2 billion accounting scandal, a person with knowledge of the matter said. Ernst& Young ShinNihon LLC has established a team of about 20 executives to investigate whether there were any problems...
Source: Reuters
There's more to Merck's Ebola vaccine than money

A vaccine being developed by Merck and NewLink was shown to be 100 percent effective, but does this mean they'll make big bucks?
Source: CNBC.com | By: Meg Tirrell
Trader scoops up small-cap Wi-Fi play

"Halftime Report" trader Joe Terranova is buying shares of a small-cap technology company, whose products facilitate access to Wi-Fi networks.
Source: CNBC.com | By: Giovanny Moreano
Greece's stock market to reopen as bailout talks progress

ATHENS, Greece- Greece's talks with its international creditors on a third bailout worth 85 billion euros shifted into a higher gear on Friday, with lead negotiators from the European Union and International Monetary Fund meeting key ministers in Athens. The bailout talks with the IMF, European Commission, European Central Bank and European Stability...
Source: The Associated Press
It's never too early-or late-to plan retirement

Many people put off planning for retirement or think it's too late to start, but any age investor can take steps to secure their financial future.
Source: CNBC.com | By: Deborah Nason, special to CNBC.com
Get ready to relive the 2008 crisis: Albert Edwards

Central banks in the Western world have set the scene for an "even bigger version" of the 2007-2008 global financial crisis, Societe Generale's bearish strategist Albert Edwards has claimed.
Source: CNBC.com | By: Kalyeena Makortoff
Russia's ruble extends its slide despite central bank action

MOSCOW- The Russian ruble is falling under the pressure of cheaper oil, reviving concerns over the country's economic outlook, particularly the perniciously high inflation rate. The ruble was down 0.9 percent in Moscow trading on Thursday, at 59.2 rubles against the dollar. An "excessive" drop in the ruble would not be politically palatable, analysts from the...
Source: The Associated Press
Alibaba aims at Amazon's cloud biz in $1B push

Alibaba will invest $1 billion into its Aliyun cloud computing arm to challenge Amazon.com's lucrative Web Services division.
Source: Reuters
WRAPUP 2-Pressed by left, Greece's Tsipras vows "thus far and no further"

ATHENS, July 29- Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. At the same time, he is under pressure from Greece's creditors to go beyond the two packages of so-called...
Source: Reuters | By: Renee Maltezou and Angeliki Koutantou