 | | | | When companies try to tackle rising healthcare costs, shifting more of the burden to employees is increasingly the strategy of choice. | | | | | | Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year. | | | | | | Brenham Capital Management LP, an energy equities fund manager with about $800 million in assets under management, will shut after two years of losses, its founder said in a letter to investors on Friday. | | | | | | U.S. mutual fund investors pulled $13.7 billion from stocks and bonds during the latest week, according to data released on Thursday by Lipper underscoring retail investors' rising concerns over turbulent markets. | | | | | | American homes are showing their age - not the houses, but the people living in them. | | | | | | U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy's top bank UniCredit to comply with capital buffer rules, two sources familiar with the matter said. | | | | | | Karyn Golden's income was approaching $200,000 as she lived a carefree single existence at the peak of her career in Chicago, 20 years ago. She brokered real estate deals, served on boards and lunched with political leaders. She never imagined she would be where she is now – 70 and down to her last $200 in savings. | | | | | | The $8 trillion U.S. socially responsible investment industry is grappling with that question as more states approve the recreational use of cannabis, pushing consumption closer to "sin" stocks like alcohol and tobacco that ethically focused investors avoid. | | | | | |
