| | (The writer is a Reuters contributor. The opinions expressed are his own.) | |
| (Reuters) - Douglas Haynes has resigned as president of Point72 Asset Management LP, a spokeswoman for billionaire Steven Cohen's investment firm said on Sunday, as the company and Haynes face a lawsuit claiming women are subject to a hostile working environment. | |
| NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said. | |
| (The writer is a Reuters contributor. The opinions expressed are his own.) | |
| NEW YORK (Reuters) - The head of Bank of America's Merrill Lynch wealth management said the firm remains committed to its approach in light of an appeals court's decision to overturn an Obama-era regulation, according to an internal memo viewed by Reuters on Friday. | |
| LONDON (Reuters) - A major revamp of how investment funds are managed and regulated in Europe appears to be aimed at taking business from Britain and should be scrapped because there is no evidence it is needed, leading international trade body ICI Global said. | |
| BOSTON (Reuters) - State Street Corp wants answers from companies that lack such things as independent board leaders or equal voting rights for investors, a top executive at the asset manager said, which could spell weaker support for some companies whose shares it controls. | |
| WASHINGTON (Reuters) - The Trump administration and Republicans in Congress are seeking to make temporary personal income tax cuts passed last year permanent, White House spokesman Raj Shah said on Thursday, adding they could also lower capital gains tax rates. | |
| (Reuters) - A federal appeals court on Thursday voided the U.S. Department of Labor's "fiduciary rule," an Obama administration measure adopted in 2016 meant to curb conflicts of interest among providers of financial advice to Americans planning for retirement. | |
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