LATEST NEWS FROM money

MONEY
Exclusive: First Reserve plans $3 billion buyout fund as energy rebounds - sources
First Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalize on an oil price re...
BUSINESS
Proxy adviser ISS backs call for safety report at Smith & Wesson parent
Proxy adviser Institutional Shareholder Services on Friday recommended that investors vote in favor of a shareholder proposal at American Outdoor Brands Corp, parent of gun make...
BUSINESS
Exclusive: Third Point seeks to tap Campbell Soup board challengers - sources
Activist investor Daniel Loeb's hedge fund Third Point LLC is speaking to consumer industry executives as it seeks to fill a slate of nominees to challenge Campbell Soup Co's bo...
MONEY
Column: Idea of payroll deductions to meet emergency needs gains steam in U.S.
Stuff happens. And when the stuff comes in the form of an economic emergency, we all need a way to cushion the financial blow. Job loss, health emergencies or a fall in i...
BUSINESS
Trump backs CEOs, proposes easing corporate reporting rules
U.S. President Donald Trump asked securities regulators to explore replacing quarterly reporting requirements with half-yearly filings at the urging of executives including Peps...
RETIREMENT NEWS
Australia's AMP back in inquiry hot seat as pension transfers challenged
Australia's No.1 retirement and wealth management company AMP Ltd paid hundreds of millions of dollars from customers' retirement accounts to its subsidiaries without proper doc...
RETIREMENT NEWS
U.S. teachers' union urges pensions to cut investment in private prisons
A labor union representing American teachers on Friday urged pension funds to cut their exposure to investment firms that have funneled millions of dollars into private prisons,...
MONEY
YOUR MONEY: How to rebuild when divorce derails your retirement
Divorce crushed Dennis Nolte's retirement plans not once but twice. The first time, which was more than 20 years ago, "everything burned to the ground," Nolte said. He ha...
RETIREMENT NEWS