Monday, 4 March 2019

To save time and money, companies roll out caregiving benefits

Reuters.com Newsletter

To save time and money, companies roll out caregiving benefits

When Laura Hirsch of Keller Texas had to find a rehabilitation center to help her father recover from a difficult surgery in September, the caregiving service Cariloop saved her a whole day.

BlueMountain names slate for PG&E board

PG&E Corp investor BlueMountain Capital Management LLC on Friday named 13 people it hopes to install as directors at the embattled power utility weeks after the company filed for bankruptcy in the wake of California's catastrophic wildfires.

U.S. consumer spending, factory data point to weak first quarter GDP growth

U.S. personal income fell for the first time in more than three years in January and consumer spending dropped by the most since 2009 in December, putting the economy on a weak growth path early in the first quarter.

Your Money: State taxes are too hard for mere mortals to compute

Can regular people calculate their state taxes in light of the new U.S. tax law?

Big U.S. pension funds ask electric utilities for decarbonization plans

Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy have already made executives and directors receptive to the goal.

Investors favor equity ETFs, junk bonds as risk appetite grows: Lipper

Investors poured money into equity exchange-traded funds and high-yield "junk" bond funds in the week ended on Wednesday, as U.S. President Donald Trump said he would extend a deadline to delay escalating tariffs on Chinese imports, citing "substantial progress" in talks between the two countries.

Private equity investors fret about managers overpaying for deals

Some of the world's biggest private equity investors raised concerns this week that the $3.4 trillion leveraged buyout industry is overheating, as more fund managers pay top dollar for acquisitions that could prove costly down the line.

Global funds reached for a bigger cash buffer in February: Reuters poll

Global funds recommended a bigger safety buffer in February, with cash holdings raised to their highest in more than three years and equity allocations cut to the lowest in nearly two, a Reuters poll showed on Thursday.

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