 | | | | PG&E Corp shareholder BlueMountain Capital Management LLC said on Thursday it is preparing a challenge to the embattled utility owner's board, arguing its plan to file for bankruptcy in the wake of catastrophic wildfires in California is harming investors. | | | | | | The U.S. government's partial shutdown might be enough to tip America's economy into recession if it runs longer than another month, a former White House aide said on Thursday. | | | | | | (The opinions expressed here are those of the author, a columnist for Reuters) | | | | | | With the partial U.S. government shutdown about a month old, a student showed up at the College of Southern Maryland's financial aid office with two preschool children in tow to request emergency help paying her $3,000 in tuition and fees. She is one of the 800,000 workers not getting paid. | | | | | | U.S. fund investors returned in force to bonds during the latest week, putting the most cash in debt markets in almost a year, Investment Company Institute (ICI) data showed on Wednesday. | | | | | | Barclays economists said on Wednesday they reduced their outlook on U.S. economic growth in the first quarter to an annualized rate of 2.5 percent from an earlier projection of 3.0 percent as a result of the historically long partial federal government shutdown. | | | | | | Guggenheim Partners Global Chief Investment Officer Scott Minerd said on Wednesday that worries about a global recession are inflated, and pessimism expressed by political and business leaders at the World Economic Forum in Davos is a "valuable contra-indicator" for investors and turning him bullish. | | | | | | BlackRock Inc is planning a new fund for investors looking to park their cash safely while helping the environment, expanding options for "socially responsible" investments, a filing with U.S. market regulators showed on Tuesday. | | | | | |
