Bill Gross, once Wall Street's 'Bond King,' retires after rocky second act

Bill Gross, once the bond market's most influential investor, will retire from Janus Henderson Group Plc in coming weeks, ending attempts to reclaim the stature he enjoyed leading the world's largest fixed-income investing firm.

Some U.S. funds waiting for earnings to buy shares of surging Chipotle

Shares of Chipotle Mexican Grill have surged over 70 percent over the last 12 months, but some U.S. fund managers are waiting for Feb. 6 earnings results to confirm that the burrito-chain is truly back from its 2015 food safety crisis.

U.S. agency seeks approval to take over Sears pensions

A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, after objecting to Sears Chairman Eddie Lampert's proposed $5.2 billion buyout of the bankrupt retailer.

Social Security expansion to get serious hearing in U.S. House

The idea that Social Security benefits should be expanded - not cut - is going mainstream.

Working to 70 is not an easy fix to the retirement crisis

It may seem a simple solution to the brewing U.S. retirement crisis: Get people to work until 70 before retiring and 85 percent will have the money they need for retirement.

Britain proposes tougher and greener code for asset managers

Asset managers in Britain should spell out in greater detail how they picked sustainable investments that benefit clients, society and the environment, regulators proposed on Wednesday.

Sometimes movie producers really do start in the mailroom

Actors are widely recognized at events like the Academy Awards, coming up next on Feb. 24, but producers - who work behind the scenes to get movies made - often get blank stares.

Janus Henderson closes Australian equities funds worth $352 million

Fund manager Janus Henderson is closing down its three Australian equities funds due to tough fund-raising conditions, and will return nearly A$490 million ($352.65 million) to investors, a company spokeswoman said on Wednesday.

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