Thursday, 24 May 2018

The next frontier in workplace wellness: financial health

The next frontier in workplace wellness: financial health

NEW YORK (Reuters) - Study after study shows that money stress can be as bad for workplace productivity as back pain.

Deutsche Bank looks to cut 10,000 jobs to reduce costs: source

FRANKFURT (Reuters) - Deutsche Bank plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, a person with knowledge of the matter said on Wednesday.

Daycare costs harder to afford than college for many

The nation's fertility rate hit a record low in 2017, and one has to wonder: Could the cost of raising children be discouraging a generation that was choked by the Great Recession?

Hedge fund Jana Partners has no shares in Casey's Stores: spokesman

BOSTON/NEW YORK (Reuters) - Jana Partners said on Wednesday it was not invested in Casey's General Stores Inc after speculation that the hedge fund had built a stake in the company helped push its stock price up more than 9 percent in afternoon trading.

Corvex, Icahn to mull bid for oil and gas producer Energen

BOSTON (Reuters) - Activist hedge fund manager Keith Meister and billionaire investor Carl Icahn said they may try to buy oil and gas producer Energen Corp , according to a regulatory filing made on Monday.

Norway's wealth fund voted against Shell climate target motion

OSLO (Reuters) - Norway's $1 trillion wealth fund voted against a motion at Shell's annual meeting urging the energy giant to set climate targets, despite a push the fund is making for more firms to do so.

U.S. bank stock gains may stall after two-year rally

(Reuters) - After two years of sharp gains for U.S. bank stocks, investors betting on another big boost for 2018 may be disappointed unless loan growth accelerates or regulations slacken considerably.

Ackman says Pershing Square Holdings up 0.1 percent this year

BOSTON (Reuters) - Two days after billionaire investor William Ackman told clients that he was making money across all his funds again, he said on Thursday that his publicly traded Pershing Square Holdings Ltd portfolio was barely in the black so far this year.

Remedy for high drug costs: Let Medicare negotiate

CHICAGO (Reuters) - (The writer is a Reuters columnist. The opinions expressed are his own.)

Hedge fund Pagoda Asset Management shutting after four years -source

BOSTON (Reuters) - Hedge fund Pagoda Asset Management is shutting down at the end of the month, becoming the latest casualty in the $3.2 trillion industry after a period of sluggish returns, a source with knowledge of the move said on Thursday.

Related Videos

Investors are missing out on China, says Laurie Kamhi

The CIO of HighTower's LCK Group tells Reuters' Fred Katayama that investors should take advantage of MSCI's move to add local China shares to its indices.

Wall Street slides on trade talk uncertainty

U.S. stocks ended near the session lows on Tuesday as uncertainty lingered over trade talks between the U.S. and China. Fred Katayama reports.
Looking for more?

Visit our business section for more deals, markets, legal and finance news.

Read more
at