By Laila Kearney NEW YORK (Reuters) - U.S. fast-food workers launched a nationwide protest in New York on Tuesday to argue for higher wages and union rights that they hope will catch the attention of candidates in the 2016 elections. A couple hundred protesters marched in downtown Brooklyn, blocking traffic and carrying banners reading "A living wage = quality care" and "On strike for work that sustains families." The protesters stopped to rally outside a McDonald's restaurant. Organizers of the Fight for $15 campaign say the protests will be followed by rallies in 500 cities by low-wage workers in such sectors as fast food and home and child care.
The U.S. Securities and Exchange Commission has accused two Chinese citizens at a peer-to-peer lending platform of engaging in insider trading ahead of the announcement that two companies had agreed to be acquired by private equity firms. In a lawsuit filed in Manhattan federal court that was made public Tuesday, the SEC said Zhichen Zhou, a web administrator at Yooli.com, engaged in "highly suspicious" trading in the stocks of MedAssets Inc and Chindex International Inc. Both companies later announced private equity takeovers in deals where one of the bidders had been TPG Capital LP[TPG.UL], where Yooli.com CEO Yannan Liu, Zhou's cousin, had previously worked, the SEC said.