Oil prices are trying to rebound despite the IEA cutting its demand forecast. The International Energy Agency says the weak global economy will cause the world to use less oil next year than previously thought. It says the massive supply of oil continues to keep a lid on prices. Valeant (VRX) executives may be facing a criminal investigation. The Wall Street Journal says U.S. prosecutors have opened a criminal investigation into the drugmaker over whether it hid from insurers its relationship with a specialty pharmacy that helped boost its drug sales. Valeant's drug pricing and its business practices have drawn interest from multiple U.S. government agencies. Shake Shack (SHAK - Get Report) is getting whacked as it's seeing a sales growth slowdown. The company says new sandwiches, like a chicken sandwich and a bacon cheddar burger, have allowed it stay competitive as other restaurant chains falter.
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