
(Reuters) - A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp against SAC Capital, a court filing showed, as the hedge fund continued to face varied legal challenges over insider-trading charges.

NEW YORK (AP) — Thousands of screaming fans brought Times Square to a standstill as they waited to catch a glimpse of Brad Pitt at the premiere of his new thriller, "World War Z."

ATLANTA (AP) — Freddie Freeman hit a two-run homer in the ninth inning off Dillon Gee, giving the Atlanta Braves a stunning 2-1 victory over the New York Mets on Monday night in a game that was delayed nearly four hours by rain.

TOKYO (Reuters) - New York-based hedge fund company Third Point said it had raised its stake in Japan's Sony Corp and asked for an opportunity to present its proposal to Sony's board for a partial spin-off of the company's entertainment unit.
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