© Reuters. FILE PHOTO: PG&E works on power lines to repair damage caused by the Camp Fire in Paradise (Reuters) – Power producer PG&E Corp said on Friday it is evaluating a proposal from hedge funds Knighthead Capital Management and Abrams Capital Management to provide equity capital commitments supporting aRead More →
Reuters A projection of the composition of the next European Parliament is seen on a screen during of the final estimation of the results of the European Parliament election in Brussels, Belgium, May 27, 2019. REUTERS/Yves Herman European stock markets traded higher on Monday, driven in part by relief thatRead More →
© Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves (Reuters) – Amazon.com Inc (NASDAQ:) shareholders rejected proposals to curb and audit the company’s facial recognition service, a spokeswoman said on Wednesday. The first proposal would have called on Amazon to stop offeringRead More →
President Donald Trump wants legal immigrants to pass a civics exam before they’re allowed to enter the country — but many natural-born Americans may struggle with such a test. Trump proposed the new civics-test requirement Thursday as part of a sweeping overhaul to America’s legal immigration system, which he wantsRead More →
© Reuters. U.S. non-transparent ETF proposal set to get SEC nod NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said in a filing on Monday it plans to approve Precidian Investments’ non-transparent exchange-traded fund (ETF) proposal. The conditional approval would allow a new type of actively managed exchangeRead More →
© Reuters. FILE PHOTO: An Apple logo is seen in a store in Los Angeles (Reuters) – Apple Inc (NASDAQ:) shareholders on Friday defeated a shareholder proposal from a conservative group that would have required the company to disclose the “ideological perspective” of nominees for its board of directors. TheRead More →
Do you ever get excited by policy proposals to address the Social Security funding shortfall? You might think that anyone who does needs to get a life. In fact, however, many retirees and soon-to-retirees snap to attention when legislation is introduced to address the Social Security system’s actuarial deficit. TheRead More →
Bitcoin prices were holding firm on Thursday, despite the withdrawal of a widely followed bitcoin-backed exchange-traded fund proposal. On Thursday, bitcoin, BTCUSD, +0.13% the world’s largest digital currency, was changing hands at $3,583.06, up 0.5% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange. The ETF proposal byRead More →
London markets inched up Monday, as investors weighed up the latest China growth data and waited for Prime Minister Theresa May to outline her latest Brexit proposal to parliament. Bookmaker William Hill PLC WMH, -3.30% and home improvement retailer Kingfisher PLC KGF, -3.31% struggled on Monday. How are the marketsRead More →
© Reuters. FILE PHOTO: Sears headquarters in Hoffman Estates Illinois. By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) – Negotiations between Sears Holdings Corp Chairman Eddie Lampert and the bankrupt U.S. department store operator approached a resolution late on Tuesday as the billionaire hedge fund manager faced the choiceRead More →
