Already Valeant's (VRX) third-largest shareholder, hedge fund manager Bill Ackman bought an additional 2 million shares of the company, as its stock plunged following the release of an explosive short-seller note. (CNBC)
Nearly three weeks after soundly rejecting a tentative agreement, voting at Fiat Chrysler (FCAU) plants is showing support for a new contract to enable entry-level wage parity. Final results are due later today. (NY Times)
Hess CEO John Hess told CNBC the seeds have been planted for a slow oil recovery. Meanwhile, U.S. oil prices were higher this morning, after dropping about 2.4 percent Wednesday on higher inventories.
A supermajority of firebrand conservatives in the House are supporting the reluctant Rep. Paul Ryan to be the next speaker, saying they've provided him enough votes to win the race. (Reuters)
Democratic presidential frontrunner Hillary Clinton is set to testify before the House Select Committee on Benghazi today to defend her actions dealing with the 2012 attacks while she was secretary of state. (USA Today)
The chairman of the Commodity Futures Trading Commission has signaled the first serious effort to curb high-speed trading, which increasingly influences benchmark assets. (FT)
Daily fantasy-sports site DraftKings has received a subpoena from U.S. Attorney Preet Bharara's office, requesting information about an employee's activities and potential abuse of inside data. (WSJ)