Monday 10 September 2018

Danica Patrick has learned life lessons in the fast lane

Reuters.com Newsletter

Danica Patrick has learned life lessons in the fast lane

If you ever wonder what it's like to be a woman in a man's world, just consult the planet's leading authority on the matter: Danica Patrick.

Australian insurer tells inquiry broke law governing sales calls

An Australian insurer said on Monday it had committed more than 300,000 criminal breaches when cold-calling customers, as a powerful inquiry into financial industry misconduct turned its attention to the insurance sector.

Hedge fund Citadel replaces head of crude trading: sources

Citadel, one of the world's largest hedge fund managers, is replacing its head of crude oil trading, according to two sources familiar with the matter, after what one of the sources said were disappointing returns under his leadership.

Public pension funds slow to move on climate change risk: study

Most of the world's largest public pension funds are providing little or no information about how climate change will affect the value of their assets, a report by the Asset Owners Disclosure Project (AODP) shows.

Proxy adviser ISS backs call for safety report at Smith & Wesson parent

Proxy adviser Institutional Shareholder Services on Friday recommended that investors vote in favor of a shareholder proposal at American Outdoor Brands Corp, parent of gun maker Smith & Wesson, calling for a report on the safety of the company's products.

Kraft Heinz sees rising costs, still weighing M&A deal: CEO

Kraft Heinz Co is feeling the pinch from trade conflicts and rising costs, but is still willing to consider an acquisition to fuel growth, its chief executive officer said on Friday.

SEC charges microcap investors in 'pump-and-dump' schemes

The U.S. Securities and Exchange Commission said on Friday it has charged 10 individuals and 10 associated entities in long-running microcap "pump-and-dump" schemes.

Smith & Wesson parent company defends directors, sways Glass Lewis

The parent company of gunmaker Smith & Wesson on Thursday defended its directors and its contribution disclosures ahead of a proxy vote that will test how far leading fund firms will press concerns about firearms safety, and won rare new recommendations from a proxy adviser.

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