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REUTERS NEWS

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28 May
reuters

Column: What COVID-19 is teaching us about how to reform Medicare

  • Posted by federico
  • May 28, 2020

The COVID-19 pandemic has put a bright spotlight on weaknesses in many of the systems designed to protect Americans from risks. But with older people more susceptible to serious illness and death…

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27 May
reuters

Ackman says hedge fund up 27% year to date, dumped Berkshire

  • Posted by federico
  • May 27, 2020

William Ackman’s hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus pandemic, after the billionaire investor plowed cash into…

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27 May
reuters

Starboard set to win eight board seats at GCP Applied Technologies-sources

  • Posted by federico
  • May 27, 2020

Hedge fund Starboard Value LP is close to having eight directors elected to the board of GCP Applied Technologies Inc at the chemical company’s annual meeting, people familiar with the matter said…

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20 May
reuters

Northern Trust shutting fund; an outlier or sign of future risk?

  • Posted by federico
  • May 20, 2020

Northern Trust Corp’s decision to liquidate a $1.8-billion prime money market fund was seen as an outlier event by industry analysts on Wednesday, but one that could portend more problems depending…

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20 May
reuters

Retirement services provider Human Interest extends funding round to $50 million

  • Posted by federico
  • May 20, 2020

Human Interest, which helps small and medium-sized businesses set up 401K plans for employees, said on Wednesday it had extended its Series C funding round to $50 million due to more demand during…

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01 May
reuters

Fund managers fish for dividend plays amid sharp cuts

  • Posted by federico
  • May 1, 2020

Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a host of companies have slashed…

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30 Apr
reuters

Your unemployment questions, answered

  • Posted by federico
  • April 30, 2020

U.S. jobless claims have exceeded 30 million since the coronavirus outbreak hit the country, wiping out a decade of job gains and sending many Americans scrambling to find work and cash in on…

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29 Apr
reuters

US money market assets increased in latest week: iMoneyNet

  • Posted by federico
  • April 29, 2020

U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said on Wednesday.

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29 Apr
reuters

Fear, sticker shock over health insurance greet laid-off workers

  • Posted by federico
  • April 29, 2020

If you were laid off in April, the health insurance from your job may stop at the end of the month. Then what?

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24 Apr
reuters

Scaramucci’s SkyBridge hit with heavy redemption requests as fund fell: letter

  • Posted by federico
  • April 24, 2020

Investors in SkyBridge Capital asked for hundreds of millions of dollars back after the fund suffered a 23% loss in March when investments made by its debt-focused hedge fund managers soured, Anthony…

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02 Apr
reuters

Some U.S. direct payments will take months to reach Americans: congressional panel

  • Posted by federico
  • April 2, 2020

Americans should start receiving direct payments from the U.S. government in mid-April to help cope with the coronavirus pandemic, but some may not get the money until mid-September, according to a…

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02 Apr
reuters

Yield-thirsty investors eye stock dividends as virus fears shrink bond payouts

  • Posted by federico
  • April 2, 2020

Battered S&P 500 stocks may get fresh interest from investors turning to dividends in a world of shrinking bond yields.

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