ISS recommends against Goldman pay plan, worried on costs

BOSTON (Reuters) - Proxy advisor Institutional Shareholder Services on Friday recommended investors vote against a stock plan for employees at Goldman Sachs Group Inc, concerned about its costs and the bank's heavy use of stock-based compensation.

Column-Brighter LNG and oil prices, wary public threaten Harbour's Santos deal: Russell

Reuters - The revised $10.4 billion bid by Harbour Energy for Australian liquefied natural gas (LNG) producer Santos Ltd STO.AX looks at first glance like a winning hand, but it's still probably got the odds stacked against it.

Proxy adviser ISS recommends vote for all Wells Fargo board nominees

(Reuters) - Proxy advisory firm Institutional Shareholder Services (ISS) on Friday recommended Wells Fargo & Co shareholders vote for all Wells Fargo board nominees at the bank's annual meeting on April 24.

BlackRock to offer gun-free investment strategies, ETFs

BOSTON (Reuters) - BlackRock Inc, the world's largest asset manager, said on Thursday it will offer new investment strategies and exchange-traded funds that exclude civilian firearms producers and retailers, following through on plans it outlined last month after a Florida high school massacre.

Pimco's Ivascyn warns of 'hard-landing' risk in U.S. deficit spending

NEW YORK (Reuters) - Dan Ivascyn, group chief investment officer at Pacific Investment Management Co, said on Wednesday that late-cycle deficit spending "increases the risk of an eventual hard landing for the U.S. economy by forcing the Federal Reserve to be more proactive."

Deep Thinkers: First jobs of top American minds

NEW YORK (Reuters) - With the recent demise of Stephen Hawking, humanity lost one of its greatest minds, someone able to contemplate the deepest and most perplexing mysteries of life and the universe.

Think twice about retirement when picking a kid's college

CHICAGO (Reuters) - No parent wants to be the spoiler of big college dreams.

Your money: How to deal with mortgage-rate envy

NEW YORK (Reuters) - Kristin Tassi spent last weekend happily settling into her new home in the Chicago area, but part of her brain was still obsessing over the mortgage rate she got for it.

Steven Cohen wins dismissal of $8 billion Fairfax short-selling lawsuit

(Reuters) - The billionaire Steven A. Cohen has won the dismissal of an $8 billion lawsuit accusing him and his former firm SAC Capital Advisors LP of conspiring with other hedge funds to spread false rumors about Fairfax Financial Holdings Ltd, hoping to "crush" or "kill" the insurer.

AQR Capital launches its first quantitative bond fund

NEW YORK (Reuters) - AQR Capital Management, LLC, led by widely regarded hedge fund manager Clifford Asness, announced the launch on Thursday of its first quantitative bond fund, with the aim of capturing different sources of returns.

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