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FINANCE
Today's Business Headlines
WASHINGTON (Reuters) - A heavyweight coalition of asset managers and insurers demanded a greater say in future decisions by the top U.S. risk council that would subject them to tougher regulation,...

BOSTON (Reuters) - Billionaire investor Carl Icahn said on Wednesday that he owns an 8.5 percent stake in Hertz Global Holdings Inc and plans to pressure the rental car company's management over...

BOSTON (Reuters) - Billionaire investor Carl Icahn said on Wednesday that he owns an 8.5 percent stake in Hertz Global Holdings Inc and plans to pressure the rental car company's management over...

Carlyle-backed Axalta Coating files for IPO
Wed, 20 Aug 2014 22:37:53 GMT
(Reuters) - Axalta Coating Systems Ltd, a paint coatings company backed by buyout firm Carlyle Group LP, filed with U.S. regulators on Wednesday for an initial public offering of common stock.

(Reuters) - Individual investors have been cutting back on cash in portfolios, the exact reverse of what Warren Buffett has been doing at Berkshire Hathaway.

Hedge fund exit requests rise in August
Wed, 20 Aug 2014 20:16:43 GMT
LONDON (Reuters) - Investor requests to pull out money from hedge funds rose in August, according to data released on Wednesday, an increase typically seen at this time of year.

Smart ways to save on college textbooks
Wed, 20 Aug 2014 20:07:20 GMT
(Reuters) - With the cost of college textbooks surpassing $1,000 a year for many students, soon-to-be sophomore Matt Schroeder came up with a smart way to trim costs.

WASHINGTON (Reuters) - The U.S. consumer financial watchdog on Wednesday said it fined a subprime auto lender $2.75 million for providing inaccurate information about its customers to credit...

WASHINGTON (Reuters) - A heavyweight coalition of asset managers demanded a greater say in future decisions by the top U.S. risk council that would subject them to tougher regulation, the groups said...

ZURICH (Reuters) - Swiss bank Syz & Co could spend up to 200 million Swiss francs ($219.5 million) on acquisitions to bolster its private banking and asset management operations, its owner said on...