Merrill Weighs Fewer Retirement Account Restrictions

Merrill Weighs Fewer Retirement Account Restrictions

June 15, 2018 Emmanuel Dunand/AFP/Getty Images (Updates with additional information throughout.) Merrill Lynch Wealth Management head Andy Sieg told the firm’s almost 15,000 brokers on Friday that it may loosen the strict ban on commission-based retirement accounts that the firm imposed 18 months ago. Given the essential death of the Department of Labor’s fiduciary rule, […]

AT&T Closes Acquisition of Time Warner

AT&T Closes Acquisition of Time Warner

AT&T announced it had completed its $85.4 billion acquisition of Time Warner on Thursday, shortly after the Justice Department said it would not seek an injunction to stop the deal. The merger gives AT&T a vast media and entertainment portfolio belonging to Time Warner, including HBO and CNN, rights to major sports leagues and valuable […]

GM names Dhivya Suryadevara its first female CFO

GM names Dhivya Suryadevara its first female CFO

Suryadevara, a native of India, joined GM in 2005 and has since been a part of many of the Detroit-based company’s crucial business decisions, including its sale of Opel to PSA Group last year, GM’s acquisition of Cruise Automation, GM’s $500 million investment in ride-hailing company Lyft and a $2.25 billion investment in Cruise last […]

FOREX-Dollar climbs ahead of Fed policy meeting

FOREX-Dollar climbs ahead of Fed policy meeting

LONDON (Reuters) – The dollar edged up against the euro and hit a three-week high versus the yen on Wednesday ahead of a Federal Reserve policy announcement that investors will scan for clues on how many more U.S. rate hikes there will be this year. FILE PHOTO: A U.S. Dollar note is seen in this […]

Wall Street edges higher with focus on Fed

Wall Street edges higher with focus on Fed

(Reuters) – U.S. stocks edged higher on Tuesday, with help from Twitter and media stocks, as investors looked past a historic U.S.-North Korea summit and focused on the Federal Reserve’s policy meeting. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2018. REUTERS/Brendan McDermid President Donald […]

Once An Icon Of Detroit Decay, Historic Train Station Has New Owner: Ford

Once An Icon Of Detroit Decay, Historic Train Station Has New Owner: Ford

Matthew Moroun announces the sale of Michigan Central Station to the Ford Motor Co. on Monday in Detroit. Carlos Osorio/AP hide caption toggle caption Carlos Osorio/AP Matthew Moroun announces the sale of Michigan Central Station to the Ford Motor Co. on Monday in Detroit. Carlos Osorio/AP A long-shuttered rail depot that had become a symbol […]

What The AT&T-Time Warner Merger Decision Means For US Regulation

What The AT&T-Time Warner Merger Decision Means For US Regulation

What The AT&T-Time Warner Merger Decision Means For US Regulation  Forbes Get Ready for More Mergers if the AT&T-Time Warner Deal Goes Through on Tuesday  Gizmodo AT&T-Time Warner antitrust trial ‘has long reach’  The Business Times Stocks To Watch: Focus On E3, IHOP/b And The World Cup  Seeking Alpha Full coverage Source link