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Thursday, March 16, 2017

Column: Republican health reform is the real disaster for older Americans

CHICAGO (Reuters) - The Republican leadership in Washington says Obamacare is an imploding disaster. But if your income is low and your age is high, the real disaster is the repeal-and-replace healthcare reform bill on offer from U.S. President Donald Trump and House of Representatives Speaker Paul Ryan.

Cooking up financial success with chef Marcus Samuelsson

NEW YORK (Reuters) - As success stories go, chef Marcus Samuelsson’s is as geographically varied and fascinating as they come.

Wells Fargo CEO receives pay bump despite sales scandal

NEW YORK (Reuters) - Wells Fargo & Co's board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive bonuses in light of an accounts scandal that rocked the bank last year, according to a proxy filing on Wednesday.

Now not time to take more risk in junk bonds: BlackRock's Rieder

NEW YORK (Reuters) - Markets are emboldened by the tone of monetary policymakers following an interest rate hike on Wednesday, but now is not the time to take on more risk in U.S. corporate debt, top BlackRock Inc bond investor Rick Rieder said.

Five steps to age-proof your retirement healthcare costs

NEW YORK (Reuters) - You might not think that flossing has much to do with your 401(k).

Gundlach expects short-term rally in U.S. Treasuries on Fed: CNBC

NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should "use the strength" in U.S. stocks to take profits and diversify in overseas markets.

Wells Fargo, RBS, Deutsche Bank in $165 million NovaStar settlement

NEW YORK (Reuters) - Wells Fargo & Co, Royal Bank of Scotland Group Plc and Deutsche Bank AG have reached a $165 million class-action settlement over their underwriting for the now-bankrupt subprime lender NovaStar Mortgage Inc.

Blackrock says roll-back of regulation currently a bad idea

FRANKFURT (Reuters) - The world's largest money manager Blackrock warned against a sweeping deregulation of financial markets pointing to lessons learned from history.

Valeant shares fall as Ackman exit highlights company's challenges

BOSTON (Reuters) - Valeant Pharmaceuticals Inc's stock price fell to its lowest level in eight years on Tuesday after the abrupt exit of its biggest supporter put renewed focus on the Canadian company's most pressing problem: raising capital to cut its roughly $30 billion debt pile.

Larry King distills thousands of interviews into a few life lessons

NEW YORK (Reuters) - For a complete history of broadcasting, you do not need to go through archives or visit a museum. Just have a chat with Larry King.