Waiting for Peter Thiel: big tech directors miss shareholder meetings
BOSTON (Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance.
Largest banks clear U.S. Fed's toughest annual stress tests
WASHINGTON (Reuters) - The 35 largest U.S. banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test on Thursday, showing they have enough capital to withstand an extreme recession.
Companies need older workers: here is why
CHICAGO (Reuters) - The demographic trend is no secret: the populations of the United States and other major industrial countries are getting older, and fast. That means workforces are aging too, but employers are doing surprisingly little to prepare to meet the challenges or adapt to employees' needs.
How a powerful inquiry upended one of Australia's grandest companies
SYDNEY (Reuters) - One of Australia's oldest financial institutions, AMP Ltd
, spent years building the country's largest network of financial advisers to recommend its products, and well over a century polishing its brand.
Hedge fund Voce's nominees elected to Natus board
(This version of the June 22 story corrects paragraph 3 to say Weiss was a nominee and had not previously served on Natus' board)
U.S.-based money market funds post $51 billion net outflows for week: Lipper
NEW YORK (Reuters) - U.S.-based money market funds posted $51 billion of net outflows for the week ended Wednesday, the largest cash withdrawal since 2011 and the seventh largest ever, according to Lipper data on Thursday.
Credit Suisse prevails in lawsuit seeking $300 million for brokers: U.S. judge
(Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Credit Suisse Group AG of withholding up to $300 million of compensation from U.S.-based brokers when it closed their private banking unit in 2015.
The Ballmers are upping the game of giving away money
NEW YORK (Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.)
Twenty U.S. states target protections for pre-existing health conditions
CHICAGO (Reuters) - (The writer is a Reuters columnist. The opinions expressed are his own.)
Investors poured $7.54 billion into equity ETFs after rocky G7 meeting: ICI
NEW YORK (Reuters) - Equity exchange-traded funds, which draw a diverse set of clients including fast-trading hedge funds, attracted $7.54 billion of net new cash in the week ended June 13, according to Investment Company Institute data released on Wednesday.