Friday 29 March 2019

Women running the money? Rarely at hedge funds

Reuters.com Newsletter

Women running the money? Rarely at hedge funds

Generous salary and juicy bonus? Check. Client meetings at private members' club? Check. Swanky Mayfair office? Check. Company maternity scheme? Maybe, we'll get back to you.

U.S. government weighs social-media snooping to detect Social Security fraud

Getting followed on social media could soon gain a new meaning for workers applying for Social Security disability benefits. The Trump administration is working on a plan to let the Social Security Administration (SSA) check up on claimants on Facebook and Twitter in order to root out fraud and abuse in the disability program.

Exclusive: Chinese EV car maker NIO restricts its IPO banks from working for rivals - sources

Chinese electric vehicle (EV) maker NIO Inc has blocked the eight top investment banks that did its IPO from working for rivals by tying them up in rare year-long non-compete clauses, several people with direct knowledge of the matter said.

Exclusive: Magellan Health nears board deal with hedge fund Starboard Value - sources

U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc is nearing an agreement with Starboard Value LP to expand the size of its board by several seats, including a representative from the activist hedge fund, three sources familiar with the matter said on Thursday.

Australia's Lendlease hires banks to run engineering unit sale: sources

Australian construction firm LendLease Group has appointed Morgan Stanley and local adviser Gresham to run the sale of its underperforming engineering and services business (E&S), two people aware of the matter told Reuters on Thursday.

Take your best shot: Life Lessons with soccer star Alex Morgan

Everyone has a dream of making it to the top, but what happens when you actually get there? Only a handful of people even know what that is like.

Ackman's fund zooms ahead as he casts himself as corporate helpmate

For months, activist investor William Ackman promised to rebuild his record. Now he has some numbers to prove it.

Expense report of the future reduces fraud and headaches

It sounds like it should have been impossible to miss, but it took more than a year for an industrial equipment company to discover $12,000 worth of doggie day spa charges on an employee's expense reports.

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