cat-imageFinance

An update on winners and losers on the U.S. tax scorecard

In the lead-up to the conference agreement for the U.S. Tax Cut & Jobs Act released on Friday, there were too many moving parts for most Americans to know how it would affect them.

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'Tiger Cub' Griffin shuts his Blue Ridge hedge fund after 21 years

John Griffin is shutting his $6 billion Blue Ridge Capital hedge fund after more than two decades, becoming the latest high profile investor to liquidate his business as industry returns have been&...

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Fed's Quarles to recuse himself from Wells Fargo matters

Federal Reserve Governor Randal Quarles on Friday said he would recuse himself from any Fed matters concerning Wells Fargo & Co.

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Votorantim Energia, Canada pension board form JV to invest in power

Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Group's energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Braz...

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Investors pull most money in 2017 from U.S. stock funds: Lipper

Investors pulled $16.2 billion from U.S.-based equity funds during the latest week, according to Lipper, marking the largest withdrawals since December 2016.

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Exclusive: Guggenheim Partners working to quell investor concern about

Top executives at asset manager and investment bank Guggenheim Partners LLC are working to quell clients' concerns about the fate of their chief executive officer and about an ongoing examination b...

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Deckers wins proxy contest against hedge fund Marcato

Deckers Outdoor Corp beat back a challenge from activist hedge fund Marcato Capital Management, but shares of the maker of UGG boots fell as much as 4 percent on news that all its directors had bee...

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Do not expect postcard-sized tax return from Republican plan: experts

Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are finished their tax&hel...

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Column: New U.S. state retirement plans are welcome, but why so expens

Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k).

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Vivienne Tam scales fashion peaks with China Chic

Some of us are fortunate to find a calling in life early on, and for Vivienne Tam it was literally by design.

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Use balance transfers to start 2018 with path to pay off debt

When the U.S. Federal Reserve raises interest rates, as it did on Wednesday by a quarter-percentage point, the first pinch consumers usually feel is higher int

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Activist investor Primestone urges Tennant to merge with Nilfisk

Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up

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