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Friday, March 17, 2017

Not much saving going on in Health Savings Accounts

NEW YORK (Reuters) - Health Savings Accounts feature prominently in the new healthcare bill being considered by the U.S. House of Representatives, with a variety of changes in store.

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.

ValueAct boosts Valeant stake after Pershing exits

(Reuters) - ValueAct Capital raised its stake in Valeant Pharmaceuticals International Inc, in a move that could provide a confidence boost to the drug company three days after its largest shareholder sold out of the stock.

Exclusive: Hedge fund Pine River loses more partners after asset decline - sources

BOSTON/LONDON (Reuters) - Hedge-fund firm Pine River Capital Management LP is losing two more partners following a difficult year that involved a restructuring and major decline in assets, people familiar with the matter told Reuters.

Investors pull most cash from U.S. junk bond funds since 2014

NEW YORK (Reuters) - Investors recoiled from debt issued by low-rated companies during the latest week, pulling the most cash since August 2014 from U.S.-based, high-yield bond funds, Lipper data showed on Thursday.

Blockchain Capital to raise $50 million, partly with digital token sale

NEW YORK (Reuters) - U.S.-based venture capital firm Blockchain Capital LLC said on Thursday it plans to raise $50 million for a third fund through capital from its partners and a sale of its own digital tokens.

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.

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).