MONEY
LATEST NEWS FROM money
MONEY
Fidelity offer of no-fee index funds hurts shares of rivals
Fidelity Investments outlined plans on Wednesday to launch no-fee index funds, hurting the shares of rivals including BlackRock Inc as investors worried about lower profits....
RETIREMENT NEWS
Ohio workers' pension fund woes are symbolic of national problem
Roberta Dell has worked for 46 years making lollipops, and she loves her job. But she worries that retirement may not be as sweet as the Dum Dum lollipops she bags. Dell ...
MONEY
Leon Cooperman to shut down hedge fund, will keep managing own wealth
American billionaire Leon Cooperman said in a letter to investors seen by Reuters that he plans to close his Omega Advisors hedge fund firm and give investors their money back b...
BUSINESS
'Medical check-ups': Japan firms tap banks for advice as activists circle
Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targetin...
MONEY
U.S. municipal bond funds post $1.3 billion in inflows: Lipper
U.S. municipal bond funds reported $1.3 billion of net inflows in the week ended July 18, compared with $651 million in inflows in the previous week, according to data released ...
BUSINESS
BlackRock replaces Americas corporate governance leader
Top asset manager BlackRock Inc (BLK.N) has hired Ray Cameron as head of the Americas within its investment stewardship arm, according to a memo...
MONEY
U.S. Medigap plans fall short on protections for pre-existing conditions
(The opinions expressed here are those of the author, a columnist for Reuters.) Thinking of adding a Medigap supplemental policy to your Medicare coverage? Beware...
MONEY
Queen B: Life lessons take flight with Angela Bassett
(The writer is a Reuters contributor. The opinions expressed are his own.) Over the past year, Angela Bassett has been showing her wide acting range as mother of ...
COMMODITIES