Monday, 3 August 2020

Column: Keep Social Security and Medicare reform out in daylight where we can all watch

Reuters.com Newsletter

Column: Keep Social Security and Medicare reform out in daylight where we can all watch

Charlie Rich, the late country music singer and songwriter, had it right when he crooned this famous line: "Oh, no one knows what goes on behind closed doors." We need to remind Congress of the truth of that line as it tries to push a plan to negotiate changes to Social Security and Medicare as part of its latest pandemic relief bill.

U.S. stock funds shed $1.05 billion in week: Lipper

U.S.-based equity funds in the week ended Wednesday posted $1.05 billion in outflows, according to Lipper.

Three ways to make the most from a virtual internship

As someone who dreams of a career in the music business, Amanda Montgomery had big plans for her summer internship - working in studios, going on shoots for music videos, maybe taking in some live concerts.

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Activist hedge fund TCI Fund Management said it has complained to the European Commission over "illegitimate expropriation" by the Italian government of Atlantia's motorways unit Autostrade per l'Italia.

TCI sees Autostrade valuation between 11-12 billion euros-partner

Activist hedge fund TCI Fund Management, which is challenging the Italian government over the forced sale of Atlantia's Autostrade per l'Italia (ASPI) unit, said on Friday the value of Autostrade could be between 11 and 12 billion euros.

U.S. stock funds draw $3.3 billion in latest week: Lipper

U.S.-based stock funds in the week ended Wednesday saw $3.3 billion of inflows, according to Lipper.

Column: U.S. rule could halt social investing in 401(k) plans in its tracks

The idea of using investments to promote environmental and social causes has grown quickly in recent years, and retirement plans looked like the next frontier - until the Trump administration weighed in last month.

Cohen's Point72 to open Warsaw office for some back office teams

Billionaire investor Steven A. Cohen's Point72 Asset Management is opening the $16.2 billion firm's latest satellite location in Warsaw and moving some back office operations to lower-cost Poland.

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