newszine

Finding the bright side in a graying U.S. workforce

5 days ago DieselGasoil Comments Off on Finding the bright side in a graying U.S. workforce
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: People walk their dogs along the beach after sunset in Cardiff, California, January 27, 2016. REUTERS/Mike Blake/File Photo Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and Read More

John Bogle, millionaire & Warren Buffet's 'hero', who paved way for low-fee investing, dies at 89

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Vanguard Group founder John Bogle has died at the age of 89, his family has confirmed. Bogle is known as a pioneer of low-cost index funds, whose visionary ideas have enabled ordinary Americans to save money through investment. Bogle passed away at his home in Bryn Mawr, Pennsylvania, on Wednesday, The Philly has reported, citing Read More

Investors end 13 straight weeks of U.S. fund withdrawals

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FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 8, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – Investors sweetened on financial markets in early January and ended a 13-week retreat from U.S.-based funds, the Investment Company Institute (ICI) said on Wednesday. U.S.-based stock mutual funds Read More

Exclusive: Jana liquidates two hedge funds, to focus only on activism

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NEW YORK (Reuters) – Jana Partners LLC, founded by Barry Rosenstein, is shutting down two stock-picking hedge funds following losses and will focus instead on its main strategy of investing in a handful of companies and pushing management to improve their performance. FILE PHOTO – Barry Rosenstein, founder and managing Partner of JANA Partners LLC., Read More

Nissan expands Ghosn probe to more countries, executive Munoz under scrutiny: sources

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BEIJING (Reuters) – Nissan Motor Co Ltd (7201.T) has broadened its investigation into ousted chairman Carlos Ghosn to include dealings that took place in the United States, India and Latin America, three people with knowledge of the inquiry said. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends a press conference on Read More

Money woes? More companies help workers build emergency funds

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NEW YORK (Reuters) – At the Springdale Ice Cream and Beverage factory in Cincinnati, workers were coming to the human resources department with money troubles, wanting cash advances on their pay. FILE PHOTO: An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam August 12, 2015. REUTERS/Kham/File Photo Some could not afford car Read More

Are age-based funds protecting U.S. investors close to retirement?

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CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) One of the biggest trends in retirement saving over the past decade has been the shift to target date funds – broadly diversified mutual fund products that automatically adjust the blend of stocks and bonds as your retirement date Read More

Nissan ex-chief Ghosn seeks bail after indictment on two new charges

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TOKYO (Reuters) – Nissan ex-Chairman Carlos Ghosn has requested his release on bail after being indicted in Tokyo on Friday on two new charges, his lawyers said, as the once-feted auto executive awaits a lengthy criminal trial that could be as long as six months away. Ghosn was the overlord of an alliance that included Read More

Nissan's Ghosn claims innocence in first appearance since November arrest

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TOKYO (Reuters) – Nissan Motor Co Ltd’s ousted Chairman Carlos Ghosn declared he was innocent on Tuesday in his first public appearance since his arrest in November, telling a Tokyo court that he was wrongly accused of financial misconduct. A court sketch, drawn by Nobutoshi Katsuyama, shows ousted Nissan Motor Co Ltd chairman Carlos Ghosn Read More