The Debate Over Warren’s Tax on Investments and Medicare for All
Democratic presidential contender garners criticism that her plan is an indirect tax on the middle class.
Risk
Study: Most Publicly Traded Food Companies Identify Water as a Financial Risk
Of the 35 companies analyzed, 77% mention too little or too much H2O as a threat.
Changing RPI to CPIH Will Have Big Impact on UK Pensions
New inflation gauge will be ‘huge good news for some and huge bad news for others.’
US Recovers More Than $700 Million Stolen From Malaysian Sovereign Wealth Fund
Allegedly stolen funds were used for buying luxury real estate, artwork and gambling.
Infosys Faces Class Action Securities Lawsuit
Whistleblower alleges ‘disturbing unethical practices’ by management.
The Yield Curve Un-Inverts: Time to Celebrate?
Opinions differ on whether this change to a widely followed recession signal means the heat is off.
Chicago Moves to Consolidate More than 650 Pensions
Task force cites lower overhead costs and access to larger pools of capital as benefits to the potential mergers.
Fisher Fallout Could Top $2.6 Billion
Investors continue to divest from Fisher Investments after founder’s allegedly sexist remarks.
PBGC Takes Over Bankrupt Verity Health System’s Pension Plans
Pension insurance to assume benefit payments for 8,000 members.
ElectroCore Faces Class Action Headache
Complaint alleges firm misled investors over migraine medicine.
AT&T Plan Members Sue Over Early Retirement Calculations
Complaint says media giant shortchanged participants who retired early.
Princeton, Columbia Endowments Return 6.2%, 3.8%
Investment portfolios for both return less than half as much as last year.
Virginia Will Lower Assume Rate of Return for Its Retirement Fund
The state’s system will make changes to asset allocations and benchmarks, too.
Baxter De-Risks $2.4 Billion in Pension Liabilities
Annuity contract with Prudential to transfer benefits for 17,200 members.
Boston Pension Fund Sues Chemours Over Environmental Liabilities
Lawsuit claims firm misled investors about ‘massive’ liabilities as stock lost half its value.