Citigroup reports mixed Q1, stock dips as equity trading swoons – Yahoo Finance

Citigroup reports mixed Q1, stock dips as equity trading swoons – Yahoo Finance

Citigroup (^C) reported mixed first quarter earnings on Monday that beat Wall Street’s estimates, but a modest rise in bond trading wasn’t enough to offset a steep drop-off in stock trading revenue. The banking giant earned $1.87 per share compared to earnings per share of $1.68 in the comparable year-ago quarter. Amid a dip in institutional […]

KKR founders set sights on Japan conglomerates – Financial Times

KKR founders set sights on Japan conglomerates – Financial Times

The founders of KKR have declared Japan their “highest priority” in the world outside the US as conglomerates like Hitachi, Toshiba and Panasonic jettison noncore subsidiaries and create potential gold mines for private equity. In an interview with the FT in Tokyo, George Roberts said that he currently felt “more comfortable investing in Japan than […]

House bill offers student financial aid to undocumented immigrants – The State Journal-Register

House bill offers student financial aid to undocumented immigrants – The State Journal-Register

The Illinois House on Thursday passed a bill offering state-funded student financial aid to two groups who don’t qualify for federal aid, undocumented immigrants and transgender individuals who have not registered for the draft. “This bill creates equity,” said Rep. Elizabeth Hernandez, a Cicero Democrat and lead sponsor of the bill. “The state has already […]

Muhvich taking reins of school finance | News, Sports, Jobs – Fairmont Sentinel

Muhvich taking reins of school finance | News, Sports, Jobs – Fairmont Sentinel

FAIRMONT — Fairmont Area Schools’ new business manager, Chris Muhvich, has been on the job since the beginning of the month. Following the retirement of long-time business manager Sue Nelson in September, Superintendent Joe Brown said the district received 30 applications, but not one applicant had any public school accounting background. “School finance in Minnesota […]

Financial scams targeting older Americans quadrupled in 4 years – WDBJ7

Financial scams targeting older Americans quadrupled in 4 years – WDBJ7

RICHMOND, VA (WWBT/WOIO) – A new report finds financial scams targeting older Americans quadrupled in just a four-year period. The data from the Consumer Financial Protection Bureau found older Americans lost more than ^6 billion to theft and fraud between just 2013 and 2017. Americans between the ages of 70 and 79 took the biggest […]

Trump aims to limit states' pipeline power – Finance and Commerce

Trump aims to limit states' pipeline power – Finance and Commerce

Developers have been trying for six years to build a 124-mile natural gas pipeline from Pennsylvania to New York. Despite winning a federal approval in 2014, the project is still no closer to reality. Enter President Donald Trump, who on Wednesday was poised to issue two executive orders to promote energy infrastructure, including projects like […]