Michael Lewis, author of Flash Boys: A Wall Street Revolt, speaks during a Bloomberg Television interview in New York, on Wednesday, where he discussed high-frequency trading and the structure of the US equity market with Brad Katsuyama, chief executive officer of IEX Group Inc. Photograph: Chris Goodney/Bloomberg

To explain claims of stock market rigging in the latest scandal to rock Wall Street, one US television news network resorted to a rather crude (...)

David C. McCourt: “Most businesses start from the point of view that says ‘how can I get the most [money] from my customer’? We look at it saying, ‘what can the customer afford and how then can we deliver at that price’?”

With the acquisition of e|net, Irish-American telecoms entrepreneur David McCourt reckons he and his main partner, Walter Scott of Berkshire Hathaway,(...)