Bloomberg Principal Financial Group Inc. accused the managers of Liongate Capital Management LLP of hiding investments with Bernie Madoff while negotiating to sell half of their London hedge fund to Principal. Founders Randall Dillard and Jeff Holland, and Head of Research Benjamin Funk sold the stake in March 2013 without disclosing secret investments in the largest of several Madoff …

  Bloomberg This hardscrabble Wyoming city of about 30,000 people proclaims itself the “Energy Capital of the Nation” on the mayor’s blue blazer and even the parking ticket payment boxes. Nearby are some of the world’s largest open-pit mines, where dump trucks the size of houses haul out more than 40 percent of the coal produced in the US. The …

  Bloomberg The pound headed for its first quarterly gain versus the dollar since mid-2015 as data showed the currency’s Brexit decline delivered a double boost for the UK economy. A bumper contribution from trade saw the nation’s gross domestic product grow an unrevised 0.7 percent in the fourth quarter, its fastest pace in a year, data showed. In the …