Los Angeles Police Department commander Cory Palka stands among several destroyed police cars as one explodes while on fire during a protest over the death of George Floyd, Saturday, May 30, 2020, in Los Angeles.Mark…
The HEROES Act may allow you to undo…
Thomas BarwickLawmakers may allow savers to undo last year's mandatory withdrawals from retirement accounts.The $ 3 trillion HEROES Act – the latest round of proposed federal coronavirus relief legislation – was passed by the House…
Investor who’s beating the market by 30% with…
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York.Michael Nagle | Bloomberg | Getty ImagesDennis Lynch steers a mutual fund whose bets on Amazon and Zoom Video…
Sell Interglobe Aviation, target price Rs 700: JM…
JM Financial has given a sell rating to Interglobe Aviation (IndiGo) with a 12-month target price of Rs 700. The suspension of air travel by the Government of India (GoI) following the outbreak of Covid-19…
Jamie Dimon says coronavirus crisis is ‘wake-up call’…
JPMorgan Chase CEO Jamie Dimon said Tuesday in a memo that the coronavirus crisis should be used to build an economy that offers opportunities for "dramatically more people."The memo, issued ahead of his bank's annual shareholder meeting,…
Top execs from Netflix, Disney, Salesforce and more…
Top business leaders in California are urging Congress to approve an additional $ 1 trillion in spending to head off massive budget cuts facing all state and local governments due to Covid-19.In a letter to…
Nine NBFCs surrender certificate of registration
Mumbai: Nine NBFCs, including Reliance Net and Nischaya Finvest Private Limited, have surrendered their certificate of registration, the Reserve Bank of India said on Tuesday. Penrose Mercantiles Ltd, Manohar Finance India Ltd, Chandelier Tracon Pvt…
Everybody is recommending International funds. Should you invest?
Everyone is in love with international funds these days. Fund managers and advisors are speaking breathlessly about them. Private wealth managers are also recommending these overseas funds to their clients. Suddenly, geographical diversification is becoming…
Franklin India may take over five years to…
By Bijou George and Rahul SatijaInvestors in some of the credit funds run by Franklin Templeton’s India unit may have to wait over five years to fully recoup their money, the asset manager said in…