DuPont CEO Kullman: ‘Crucial’ to engage with all stakeholders

BOSTON (Reuters) – DuPont Chief Executive Ellen Kullman said it is critical to keep engaging with all stakeholders in the company, signaling an open door policy less than five months after fending…

U.S. mutual funds that bet bigger on energy sector get burned

BOSTON (Reuters) – One-in-four U.S. large-cap mutual funds have increased their stakes in energy companies this year and many have suffered heavier losses than their peers as a result of ill-timed…

Carl Icahn says would ‘keep cash’ given market risks: CNBC

NEW YORK (Reuters) – Billionaire activist investor Carl Icahn said on Wednesday he would recommend investors hold cash given market risks and that he was “seriously considering” buying “a lot more”…

Cash helping U.S. fund managers, even as they look to spend it

NEW YORK (Reuters) – Stock mutual fund managers who tucked extra cash under their mattresses this year have fared well: Protected from the worst of the recent selloff, they have generally…

Bank of America CEO Moynihan retains chairman title after vote

BOSTON/NEW YORK (Reuters) – Bank of America Corp shareholders voted to allow Chief Executive Brian Moynihan to remain chairman, handing a victory to a CEO that has been slowly turning his bank around…

The latest U.S. corporate perk? Student loan help

NEW YORK (Reuters) – Not so long ago, employers competed for younger workers with unlimited snacks and foosball tables. But with total student debt now at more than a trillion dollars in the United…

How to pick a health plan for the kids

NEW YORK (Reuters) – Choosing health insurance for a family used to be easier, with fewer options and fewer households where parents were each covered by their own workplace plans instead of picking…

SEC proposes liquidity management rules for mutual funds, ETFs

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission unanimously voted on Tuesday to propose new rules requiring mutual funds and exchange-traded funds to create new programs to manage…