Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
With $20 billion in deals this year, Morgan…
Morgan Stanley CEO James Gorman has just completed a pivot that began more than a decade ago.With the announcement Thursday that Morgan Stanley is acquiring investment manager Eaton Vance for $ 7 billion, Gorman is…
An economic decoupling of the U.S. and China…
China's President Xi Jinping and US President Donald Trump during a meeting outside the Great Hall of the People in Beijing.Artyom Ivanov | TASS | Getty ImagesAn economic decoupling of the U.S. and China is…
India’s credit rating cut puts it one step…
By Anirban Nag and Rahul SatijaIndia’s credit rating moved one step closer to junk after Moody’s Investors Service downgraded the nation to the lowest investment grade level and surprised economists by keeping it on a…
IRS will allow people to put away more…
Tom WernerNext year, the IRS will allow people to put away even more money in health savings accounts, a tax-advantaged account you can use for medical expenses.Health savings accounts work alongside high deductible health plans.…
Credit risk funds underperform liquid funds. Why you…
By Rushabh DesaiCredit risk funds have always been vulnerable to its investments of up to 65% (and more) in the lower-rated instruments. To earn higher returns than the rest of the debt categories, the fund…
Netflix blows away new subscriber expectations
Netflix delivered a big jump in subscribers, but the stock bounced around in immediate reaction to the earnings release. It was initially up 10% before falling less than 1%.Here is what Netflix reported:Earnings per share…
Home away from home: Top 5 places to…
Belize is bordered by Mexico and Guatemala to its north and west and the Atlantic Ocean to the east. This small nation is known for its annual September Celebrations events and has English as its…