The Wall Street Journal: Pimco cuts 3% of its employees
Pimco cuts 68 people, or 3% of its employees, and is handing management of some of its equity assets to another firm.

Pimco cuts 68 people, or 3% of its employees, and is handing management of some of its equity assets to another firm.
McCain says Obama is 'directly responsible for' massacre in Orlando: AP
Uncertainty surrounding the global economic outlook helps to drive gold up for a seventh-straight session.
Five Viacom board members removed by Redstone holding company
The iPath S&P 500 VIX Short-Term Futures exchange-traded note turned lower in the last hour of Thursday's regular session, putting it on track to suffer a third-straight loss in active trade. With volume of 127.8 million shares, which is nearly double the full-day average, the VXX was the most-actively traded on U.S. exchanges. The volatility measure fell 2.1% in afternoon trade, after being up as much as 8.1% at a seven-week high at its intraday peak, which was reached about a half hour after the open. Читать дальше...
A former jet-fuel trader for Delta Air Lines Inc. is in settlement talks with U.S. commodities regulators over allegations that he used advanced knowledge of the airline's market moves to profit on personal trades, according to people familiar with the matter.
National Amusements, Inc., the holding company through which Sumner Redstone owns nearly 80% of Viacom Inc.'s voting shares, removed five members from the Viacom board and elected five new members in their place. The announcement was made through communications consulting firm Brunswick Group. Viacom board members have voiced publicly their intent to challenge any removals in court. National Amusements, according to a news release, said it filed papers in a Delaware court to affirm the validity of the removals. Читать дальше...
National Amusements, Inc., the holding company through which Sumner Redstone owns nearly 80% of Viacom Inc.'s voting shares, removed five members from the Viacom board and elected five new members in their place. The announcement was made through communications consulting firm Brunswick Group. Viacom board members have voiced publicly their intent to challenge any removals in court. National Amusements, according to a news release, said it filed papers in a Delaware court to affirm the validity of the removals. Читать дальше...
Nearly one-third of survey respondents said they’d had to scramble to cover a mortgage or rent payment in the past few years, and most want action from politicians.
Most people don’t realize that the possibility of an identity-related crime during a move is high.
Stocks poised to snap 5-day losing streak; Dow up 100 points in final half-hour
Husband of slain British MP issues statement against ‘hate’
21st Century Fox on Thursday said Jim Gianopulos will leave his position as chairman and chief executive of the company's film studio Twentieth Century Fox once his contract runs its course June 30, 2017. Gianopolus, who's been with Fox for 25 years, will stay on with the company in a new strategic role according to a news release. Stacey Snider, currently the studio's Co-Chairman, will take over as chairman and CEO. Fox enjoyed record-breaking success with the release of "Deadpool" in February... Читать дальше...
Some publicly traded companies and their well-paid executives are trying to influence the political process, writes Jeff Reeves.
Gold ends higher despite retreat from intraday peak
Plenty of companies have shown strong sales growth and returns on invested capital, says Phil van Doorn.
Former students who say they were duped by their for-profit college will be able to continue pursuing their claims in court, the New Jersey Supreme Court ruled.
Airbnb raised $1 billion in debt from large banks to help fuel the home-sharing site’s expansion, a WSJ source said.
Airbnb raised $1 billion in debt from large banks to help fuel the home-sharing site’s expansion, a WSJ source said.
Airbnb raised $1 billion in debt from large banks to help fuel the home-sharing site’s expansion, a WSJ source said.
Gold futures settled higher on Thursday, at their highest level in about 17 months, but prices finished below the key $1,300 level as the fatal shooting of a British politician put campaigning ahead of the U.K. referendum next week on hold. The so-called Brexit vote is set to decide whether the country will stay or leave the European Union. Gold for August delivery rose $10.10, or 0.8%, to settle at $1,298.40 an ounce--the highest settlement since Jan. 22, 2015.
Читать дальше...Oil retreats to 5-week low as 'Brexit' tension mounts
he British pound and U.S. stocks rebounded Thursday after both sides in the U.K. European Union referendum campaign suspended activity for the day following death of a U.K. lawmaker who was shot while meeting with constituents. Boris Schlossberg, managing director of currency strategy at BK Asset Management, said rumors that the U.K. referendum, set for next week, could be delayed because of the attack helped push stocks and the pound higher. There's been no official indication that a referendum delay is being contemplated. Читать дальше...
Wells Fargo & Co.'s stock slumped 0.9% to a four-month low in midday trade Thursday, which put it on track to suffer the longest losing streak since before the Great Recession, as the continued slide in Treasury yields pressured the bank sector. The stock has declined for eight-straight sessions, which would be the longest such streak since the eight-session stretch ending Oct. 19, 2007. The shares have tumbled 8.4% during their loss streak. The selloff comes as the yield on the 10-year Treasury note hit a 3 1/2-year low... Читать дальше...
Microsoft Corp. has become one of the first major technology companies to get into the marijuana business. The company has reportedly announced a partnership with KIND Financial, a seed-to-sale software provider that helps state and local governments track the cannabis business, according to Marijuana.com. A team at Microsoft will reportedly help clients navigate regulations and laws, while tracking legal cannabis commerce and helping to stop product from reaching the black market, according to the report. Читать дальше...
Мы не навязываем Вам своё видение, мы даём Вам объективный срез событий дня без цензуры и без купюр. Новости, какие они есть — онлайн (с поминутным архивом по всем городам и регионам России, Украины, Белоруссии и Абхазии).
123ru.net — живые новости в прямом эфире!
В любую минуту Вы можете добавить свою новость мгновенно — здесь.