NEW YORK, July 10 (Reuters) - Bill Ackman's firm Pershing Square Capital Management will put $500 million into its new U.S.-listed investment holding company, the hedge fund manager said in a presentation on Wednesday. Pershing Square USA Ltd, which will trade on the New York Stock Exchange under the symbol PSUS, could raise as much as $25 billion in fresh...

NEW YORK (Reuters) -Archegos Capital Management founder Sung Kook Bill Hwang was convicted of fraud and other charges by a jury in Manhattan federal court on Wednesday at a criminal trial in which prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36 billion private investment firm. The jury, which began deliberations on Tuesday, found Hwang...

WASHINGTON (Reuters) -The former CEO of healthcare software company SCWorx Corp ( WORX ) was found guilty of investor fraud for falsely stating the company was becoming a major supplier of COVID-19 rapid tests early in the pandemic, the U.S. Justice Department said on Wednesday. The Justice Department said in a statement that a federal jury in New Jersey convicted...

July 9 (Reuters) - Wildfires raging in the Canadian province of Alberta triggered fire restrictions in two forest areas, the province's wildfire agency said on Tuesday. Fire restrictions were in effect for the High Level Forest Area and entire Fort McMurray forest area, where wildfire danger was extreme, Alberta's wildfire agency said. Fire restrictions limit when and where people can...