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Top U.S. hedge funds boost Alibaba stakes in first quarter

NEW YORK Top U.S. hedge fund managers increased their stakes in Alibaba Group Holding Ltd (BABA.N) at the end of the first quarter, positioning themselves to take advantage of any upswing after the Chinese e-commerce company’s stock took a beating after a surp... More »

Prince takes the stage for ‘Rally 4 Peace’ show in Baltimore

BALTIMORE Reclusive rocker Prince took the stage on Sunday in a “Rally 4 Peace” concert in response to the death of a 25-year-old man, whose death from injuries suffered while in police custody triggered riots, telling the crowd: “We are here for you.” The Gra... More »

Injured Pacquiao faces possible sanctions

LOS ANGELES (Reuters) – The fallout from the “Fight of the Century” became murkier on Monday with possible lawsuits in the works and Manny Pacquiao likely to face disciplinary action for failing to disclose a pre-bout shoulder injury. Filipino Pacquiao lost on... More »

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Pacquiao to undergo shoulder surgery: ESPN

REUTERS – Manny Pacquiao will undergo surgery this week for a torn rotator cuff, with the recovery time expected to put the Filipino out of action for 9-12 months, ESPN.com said on Monday. Pacquiao claimed a shoulder injury hampered his bid to hand Floyd Maywe... More »