Business Wire halts high-speed wire for fast traders

Business Wire, a service used for corporate news releases, said Thursday it would stop selling its high-speed wire to Wall Street traders seeking to get a jump on the market. The service, part of Warren Buffett's Berkshire Hathaway holding company, said it made the decision after a Wall Street Journal report highlighted concerns. "Following the February 7, 2014, Wall Street Journal article, and ...