Best & Worst U.S. Companies for 401(k) Benefits
Bloomberg ranked the 250 biggest companies in the U.S. on who offers the most generous 401(k) matches.
Swiss Endanger EU Ties With Immigration Vote
Swiss opposition to “free travel” could cost the country’s economy dearly.
China’s Economy Shows Signs of Stabilization, Still Offers Opportunities
The slowdown in China’s formerly roaring economy has alarmed many who worry that a drop in its massive consumption and production will take the rest of the world down with it.
SEC Charges SAC Capital’s Cohen
The SEC on Friday charged hedge fund advisor Steven Cohen, founder of SAC Capital Advisors, with failing to prevent two portfolio managers from insider trading.
Philanthropy by Big Companies Rose During Slow Recovery
Noncash giving in particular has surged since 2007, according to a new report from the Committee Encouraging Corporate Philanthropy.
Pharma Patent Ruling Pinches Opportunities in Emerging Markets
The decision by an Indian court not to grant a new patent to Novartis for a modified form of its cancer drug Glivec was a heavy blow to the company.
Top 25 401(k)s for NYC-Based Companies: Where Are the Big Banks?
Say goodbye to BlackRock, Goldman Sachs, Morgan Stanley and other finance giants—this year's list of the best plans is seriously competitive.
SEC Enforcement Roundup: CR Intrinsic Slapped With Record Insider Trading Fine
The SEC settlement by CR Intrinsic was for $600 million, the largest ever in an insider trading case; meanwhile, a financier was charged in a scam involving pre-IPO Facebook stock.
Federal Securities Class-Action Suits Fell Sharply in ’12
Federal securities fraud class-action filings fell sharply in 2012, with the second-lowest number of annual filings in 16 years, according to Cornerstone Research.
Annuities 2020: Will the Future of VAs Look Like Their Past?
Perhaps the next step in the evolution of retirement annuities is to go back to the past. Maybe the annuity of the year 2020 pays out no cash at all, but instead offers an actual retirement service. Allow me to explain.