Lifestyle

  • 18/10/2018 News and insight from the business world. Download the podcast – bbc.co.uk/5live. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click ...
  • Are we ready for Brexit, yet? News and insight from the business world. Download the podcast – bbc.co.uk/5live. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click ...
  • ‘How could I find £3,000 to pay for my mum’s funeral?’ With the average cost of a funeral on the rise, a growing number of people are looking for cheaper alternatives. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click ...
  • Speculators pare U.S. 10-year T-note net shorts before Fed minutes Speculators’ net bearish bets on U.S. 10-year Treasury note futures fell a tad earlier this week before Federal Reserve’s release of minutes from its policy meeting last month, according to Commodity… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Speculators trim U.S. 10-year T-note net shorts: CFTC Speculators’ net bearish bets on U.S. 10-year Treasury note futures fell a tad earlier this week before Federal Reserve’s release of minutes from its policy meeting last month, according to Commodity… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • China to allow bank wealth-management funds to be invested in stocks China’s banking regulator said on Friday it plans to start letting funds from products publicly sold by banks’ wealth management subsidiaries be directly invested in shares. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Bank Vontobel buys Lombard Odier business in North America Bank Vontobel will acquire the international portfolio of U.S.-based clients from Swiss private banking peer Lombard Odier as it seeks to expand its footprint in the region, Vontobel said on Friday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Goldman Sachs sees five more Fed rate hikes through end of 2019 Goldman Sachs economists on Thursday said the firm remained “comfortable” with its call for five more interest rate hikes — two more than priced in financial markets — through the end of 2019. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • Senator Warren urges Fed to require removal of Wells Fargo CEO U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • U.S. fund investors pull most cash since June from stocks: Lipper Investors slammed U.S.-based stock funds during the latest week, pulling $17.5 billion, the most cash from such investments since June, according to Lipper data on Thursday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Morgan Stanley’s brokerage sweetens retirement bonuses for top brokers The largest U.S. brokerage by sales force Morgan Stanley told its top brokers on Thursday that if they commit to handing off their clients to another broker at the firm when they retire, they can… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Goldman Sachs joins growing band of businesses snubbing Saudi conference Goldman Sachs Group Inc on Thursday joined the growing list of high-profile businesses snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Column: U.S. probe shines light on Medicare Advantage claims denials A growing number of U.S. seniors are choosing Medicare Advantage, the popular private insurance alternative to traditional coverage. But a new report by federal investigators finds that Advantage… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • As small business appetite to borrow grows, banks step up with speedy loan approval platforms BMO, for example, has launched a platform that cuts down on the amount of time it takes to approve loans from weeks to minutes Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter ...
  • Column: Loans could drain U.S. retirement plans by $2.5 trillion Americans could dig a $2.5 trillion hole in the country’s retirement system as they fail to pay back loans taken from workplace retirement plans over the next 10 years, according to a new study from… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • U.S. Senator Warren urges Fed to require removal of Wells Fargo CEO U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • U.S. mortgage industry faces job losses as refinancing dries up With mortgage applications falling to their lowest since late-2014, the U.S. home lending industry is facing a major overhaul in how it works and manages staffing levels. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Noor Inayat Khan or Harry Maguire: Who will be on the new £50 note? Among the favourites are Stephen Hawking, Margaret Thatcher and war heroine Noor Inayat Khan. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in ...
  • Middle class parents paying least for college: study As U.S. high school seniors pare down their college wish lists and parents sweat over the bills, a new study by student loan lender Sallie Mae illustrates the gulf between the sticker price of… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • At Facebook, public funds join push to remove Zuckerberg as chairman Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following several high-profile scandals and said they… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Rising rates knock U.S. mortgage activity to lowest since 2014: MBA U.S. consumers filed the fewest requests for a mortgage since late 2014 last week as most home borrowing costs reached their highest levels in more than seven years, the Mortgage Bankers Association… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Cheaper chocolate and meat drive down UK inflation in September ONS says consumer price index fell to 2.4% last month from 2.7% in AugustUK inflation dropped further than expected last month as the falling price of meat and chocolate helped reduce some of the pressure on cash-strapped British consumers.The Office f… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Cheaper chocolate and meat drive down UK inflation in September ONS says consumer price index fell to 2.4% last month from 2.7% in AugustUK inflation dropped further than expected last month as the falling price of meat and chocolate helped reduce some of the pressure on cash-strapped British consumers.The Office f… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Cost of living squeeze eases as UK inflation falls to 2.4% – business live Cheaper meat and chocolate helped ease the cost of living last monthBreaking: UK inflation fell to 2.4% last monthWhat this means for public sector pensionsTriple lock means state pension will go up by 2.6%Introduction: Today’s inflation rate will affe… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Insurers call for delay in prising open ‘black box’ accounts Insurers from across the world have called for amendments and a two-year delay to a change in accounting rules aimed at increasing visibility of how they earn their money. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Shades of 2014 lurking in CBOT soybean market: Braun When the Chicago Board of Trade closed for business on Monday, November soybean futures ended up 24 cents on the day, and nearly 80 cents off the contract’s all-time low from a month earlier. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • China Treasury holdings in August fall to lowest since June 2017: Treasury data China’s holdings of U.S. Treasuries fell for a third straight month in August to their lowest in more than a year, Treasury Department data showed on Tuesday, in what was likely a move to support its… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Martin Currie appoints portfolio manager for global emerging markets Legg Mason Inc affiliate Martin Currie said on Tuesday Colin Dishington would join its global emerging markets team as portfolio manager. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • YOUR MONEY – Comic heroes teach kids about finance As any parent knows, getting children to focus can be challenging – even more so when it involves topics like monetary systems. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • UK pay growth rises to 3.1%, the highest in almost a decade Competition for workers helps push up wages, as unemployment stays at 4%Increased competition for workers has pushed the government’s preferred measure of pay through the 3% barrier and to its highest level since the UK was deep in recession a decade a… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • PIMCO taps Erin Browne as managing director and portfolio manager PIMCO, one of the world’s largest fixed-income managers, on Monday named Erin Browne, previously of UBS Asset Management and Steve Cohen’s Point72 Asset Management, as managing director and portfolio… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Gray divorces and tax changes complicate retirement When people over the age of 50 get divorced, retirement accounts become a key asset, even more so sometimes than the house or alimony. Lawyers and feuding couples are bracing for big changes at the… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • The sacrifices you make to get on the housing ladder Morgan Twyning and her partner moved in with his parents as rent would have eaten up most of their salaries. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click ...
  • Is this the end of the road for Traidcraft? Traidcraft, which pioneered fair trade in the UK, lost £500,000 last year and faces closure. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens ...
  • Manual workers ‘most at risk from Brexit trade barriers’ Men with fewer qualifications are more likely to be affected by Brexit trade barriers, the IFS says. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • Where have all the ‘for sale’ signs gone? The UK’s biggest mortgage lender says the lack of homes on the market means prices are still rising. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share ...
  • ‘I find it difficult to save money’ Candace Wilson says she has only managed to save money by living with members of her family. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • ‘Alarming’ rise in under 21s falling victim to fraud Young people are increasingly becoming the victims of card fraud, or are being used as money mules Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • Ethnicity pay gap: Firms may be forced to reveal figures Minorities often feel “like they are hitting a brick wall” at work, the prime minister says. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ ...
  • RBS pays first dividend in 10 years The bank pays 190,000 small shareholders 2p a share, the first payout since the 2008 financial crisis. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • Retirement target-date funds stung by emerging markets, U.S. bonds The largest target-date funds for U.S. investors nearing retirement are reporting their worst performance since 2008, as bets on Chinese stocks and Treasuries produced negative returns. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Your Money: What is the best play for your money right now? When the stock market has suffered a couple of really big slides in a row, like it did this week, the financial advice to those who are freaking out is always: Do not look at your account balances…. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • PNC expects small rise in quarterly loan growth, shares fall U.S. regional bank PNC Financial Services Group Inc on Friday reported disappointing quarterly loan growth and said it expected only a small improvement in lending for the final three months of the… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Wells Fargo profit rises, cost cuts paying off Wells Fargo & Co posted a 32 percent jump in quarterly profit on Friday, as the bank made headway in its cost-cutting plan and worked to put past misdeeds behind it. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Speculators lift net long U.S. dollar bets to highest since mid-Dec 2016: CFTC, Reuters Speculators’ net long bets on the U.S. dollar climbed to their highest since mid-December 2016 in the latest week, according to calculations by Reuters and the Commodity Futures Trading Commission… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Englander’s Millennium hires portfolio manager from Citadel: sources Millennium Management, the $36 billion hedge fund run by Israel Englander, has hired a portfolio manager from rival Ken Griffin’s Citadel, two people familiar with the situation said on Friday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Mnuchin to attend top Saudi event, media exit over missing journalist U.S. Treasury Secretary Steven Mnuchin and Wall Street bankers will show up at an elite Saudi investment conference this month despite a growing exodus of top media companies and business leaders… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Graphic: U.S. banks enjoy benefits of a growing economy, lower taxes The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, if the double-digit profit growth posted by three major lenders on Friday is any indication. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • FTSE 100 falls to six-month low as fears grow over US interest rates Index closes below 7,000 for the first time since March after challenging weekThe FTSE 100 has dropped below 7,000 for the first time in more than six months as stock markets around the world remained under pressure amid the fear of rising US interest … Share this:Click to email this to a friend (Opens in new ...
  • U.S. banks profit from higher rates, more loans and lower costs The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the largest lenders reported double-digit profit growth on Friday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Citigroup profit beats on higher bond trading, lower costs Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by lower expenses, higher bond trading revenue and strength in its consumer banking business in Mexico. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Citigroup profit beats on higher bond trading, LatAm growth Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by higher bond trading revenue and strength in its consumer banking business in Mexico. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter ...
  • Prudential names Michael Falcon to lead North American business unit Britain’s largest listed insurer Prudential Plc said it had appointed JP Morgan’s Asia asset management business boss Michael Falcon to lead its North American business unit, effective Jan. 7. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Next steps toward Brexit Sean Farrington and Mickey Clark jargon bust the latest Brexit offers on the table. They also examine at Patisserie Valerie’s accounting troubles and look ahead to WH Smith results Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Machines take the blame as U.S. stock market sells off Investors searching for perpetrators and victims in this week’s U.S. stock market selloff pointed to a familiar source: number-crunching fund managers and machines. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens ...
  • Rising interest rates cast shadow on Chicago pension bond plan A continued surge in interest rates could sink a plan under consideration by Chicago Mayor Rahm Emanuel’s administration for a massive bond sale to boost pension funding, a city official said on… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • ‘Tens of thousands’ disconnect their own power supplies The energy regulator Ofgem says it is concerned about customers who cannot afford to keep their meter topped up Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to ...
  • Women’s retirement age rising faster than men’s in UK Women working until 64 on average, reversing 80s and 90s trend of earlier retirement Women are on average working until the age of 64, in a dramatic reversal of the trend towards early retirement that marked the 1980s and 1990s.Figures from the Departm… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Explainer: What are risk-parity funds? The market’s quick and hard-to-explain declines this week led some investors to point fingers at number-crunching fund strategies designed to control and balance risk. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter ...
  • FTSE 100 falls in second day of global market turbulence Panic selling on Wall St spreads amid concern over trade disputes, inflation and Trump’s clash with FedThe City has felt the full impact of a sell-off in global financial markets with shares in the FTSE 100 index of leading companies now more than 10% … Share this:Click to email this to a friend (Opens in new ...
  • U.S. retirees to get welcome bump in Social Security benefits Come January, most U.S. retirees will get some welcome news when they check their bank accounts – the biggest inflation adjustment to Social Security benefits in eight years. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • Amazon Pledges to Compensate Its Warehouse Workers More Following Criticism Amazon.com Inc. is sweetening the pay for some of its longtime warehouse workers Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click ...
  • Wells Fargo touts good deeds to get back in lawmakers’ good graces Tired of being cast as the poster child for big banks behaving badly, Wells Fargo & Co has been expanding its presence in the nation’s capital to convince lawmakers it has changed and talking up its… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Bad timing as Vanguard service glitches start before market drop If plunging markets during Wednesday’s U.S. trading session proved unlucky for investors, the timing was especially bad for Vanguard Group Inc. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • Smith & Williamson Holdings, Deutsche Bank Wealth Management The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to ...
  • Deutsche Bank Wealth Management names two managing directors Asset management company Deutsche Bank Wealth Management named Wendy McMillan and Richard Aguiar as managing director and private banker. McMillan and Aguiar will be based in San Francisco and Los… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Column: ‘Restricted application’ can boost Social Security benefits Waiting until age 70 to claim Social Security benefits is one of the most popular financial strategies for retirement, but it can put couples that retire in their 60s in a bind if they then must wait… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • The Hack Fund will use crypto to give startups early liquidity Now that “utility” tokens have become a popular and international way to fund major blockchain projects, a pair of investors are creating a new way to turn tokens into true equities. The investors, Jonathan Nelson and Laura Nelson, have created Hack Fund, an early stage investment vehicle that allows startups to launch what amounts to ...
  • Australia’s CBA hit with lawsuit over pension investments Law firm Slater & Gordon Ltd has filed a class-action suit against Commonwealth Bank of Australia seeking damages of more than A$100 million ($71 million) after the bank allegedly invested the… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Wall Street dealers absorb rising U.S. Treasury supply Wall Street’s bond firms are sopping up a growing amount of Treasury debt as the U.S. government seeks to fund a rising budget deficit stemming from the massive tax cut enacted last December,… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • Water meters should be compulsory, say MPs Politicians say metering will save water but admit it may lead to higher bills for some homes. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • Ackman’s Pershing Square unveils $900 million stake in Starbucks William Ackman said on Tuesday his activist hedge fund Pershing Square Capital Management LP has built a roughly $900 million position in Starbucks Corp , betting the world’s biggest coffee chain can… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Activist investor Ackman unveils $900 million position in Starbucks William Ackman said on Tuesday his hedge fund Pershing Square Capital Management has taken a roughly $900 million position in Starbucks Corp as he sees a chance for the world’s biggest coffee chain… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Ackman’s Pershing Square unveils new position in Starbucks: sources William Ackman’s activist hedge fund Pershing Square Capital Management has taken a new position in Starbucks Corp , according to attendees at a conference where the billionaire investor spoke on… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • Canada’s CDPQ, Al Gore’s Generation buy majority stake in fintech firm FNZ Canada’s second-largest pension fund CDPQ and Generation Investment Management LLP said on Tuesday they were buying a majority stake in UK-based fintech firm FNZ in a deal valuing FNZ at 1.6 billion… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...