Money manager Legg Mason Inc. is nearing a settlement with Trian Fund Management LP that would give the activist hedge fund three or four seats on its board and avoid a proxy fight, according to people familiar with the matter. http://feeds.marketwatch.com/~r/marketwatch/financial/~3/d1OgZRhRljI/story.asp
A surge in bitcoin prices that took it well above $8,000 appears to be coming to a halt, as the world’s No.1 crypto asset has faced sudden and sharp selling pressure within the past 24 hours. http://feeds.marketwatch.com/~r/marketwatch/financial/~3/9Ims4hdE7FI/story.asp