Reuters - Money

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Wednesday, January 17, 2018

U.S. companies list blockchain ETFs as bitcoin proposals languish

NEW YORK (Reuters) - Investors looking to profit from excitement surrounding bitcoin technology will get a new opportunity this week.

NYSE to launch new NYSE National exchange in second quarter

NEW YORK (Reuters) - New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a recent regulatory filing.

Pimco doubts U.S. will enact infrastructure spending, welfare reform in 2018

NEW YORK (Reuters) - Investment firm Pimco thinks it is unlikely that Washington will enact welfare reform or a major spending plan to improve bridges, roads and other infrastructure in 2018, Libby Cantrill, Pimco's head of public policy, said on Tuesday.

Greenlight's Einhorn bets on Brighthouse, makes money on GM

BOSTON (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that he made a "large" bet on insurer Brighthouse Financial late last year, and had made money on General Motors but lost by shorting Amazon and Tesla.

Stock 'fear index' snaps out of extended snooze, jumps to six-week high

NEW YORK (Reuters) - A widely followed gauge of expected near-term stock price gyrations perked up on Tuesday to a six-week high as traders took to the equity options market to pick up some protective contracts.

Round Hill, investor in Beatles and Bruno Mars songs, raises new fund

(Reuters) - Round Hill Music Royalty Partners, a private equity firm which invests in the copyright of songs from artists such as The Beatles, The Rolling Stones and Bruno Mars, said on Tuesday it had raised $263 million for its second fund.

Activist fund Elliott urges changes to Bezeq Telecom board

TEL AVIV (Reuters) - Activist investor Elliott called for sweeping changes to the board of Bezeq Israel Telecom as it disclosed it has a 4.8 percent stake in the company, which has been under investigation by Israel's securities watchdog.

Be a money superhero and cosplay on a budget

NEW YORK (Reuters) - If you ever happen to run into Burbank’s Mark Chu-Lin, he might not respond if you call out to him by name.

Fields of Gold? Jana seeks new money, allies with impact hedge fund

BOSTON (Reuters) - Wall Street investor Barry Rosenstein's new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional business of pushing companies to boost earnings.

U.S. consumer watchdog official takes leadership fight to appeals court

WASHINGTON (Reuters) - An official who hopes to lead the Consumer Financial Protection Bureau on Friday took her fight to a U.S. appeals court, urging it to oust President Donald Trump's pick for the agency.