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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 12-22
  • Scott Butera To Resign As Foxwoods CEO

    Scott Butera To Resign As Foxwoods CEO
    Scott Butera is resigning as CEO of Foxwoods Resort Casino on Oct. 31 to "pursue a rare opportunity outside of the gaming industry," the company said Wednesday. Butera will remain as a senior adviser to Foxwoods with regard to financial and strategic...
  • Michigan board OKs $450 million Detroit hockey arena bonds

    (Reuters) - The Michigan Strategic Fund board gave final approval on Wednesday for the sale of up to $450 million of 30-year revenue bonds for a downtown Detroit arena that will be home to the National Hockey League's Detroit Red Wings. The financing...
  • DoubleLine files with SEC to register Long Duration Bond Fund

    NEW YORK (Reuters) - Jeffrey Gundlach's DoubleLine Funds filed on Wednesday with the U.S. Securities and Exchange Commission to register shares of its Long Duration Total Return Bond Fund. The SEC filing said the Long Duration fund, which is expected to...
  • U.S. House passes bill to avert government shutdown, extend Export-Import bank

    WASHINGTON (Reuters) - The U.S. House of Representatives on Wednesday approved a stop-gap spending measure that averts an Oct. 1 government shutdown and extends the U.S. Export-Import Bank's ability to operate for another nine months. The measure, passed...
  • Federal Reserve signals faster but still slow path for rate rises

    WASHINGTON (Reuters) - Federal Reserve officials nudged their expected path of interest rate increases higher on Wednesday, but did little to change the outlook for a long slow climb back up to normal monetary policy. The revised rate projections left a...
  • Fed offers clarity, sort of, as bond buying ends

    WASHINGTON The Federal Reserve Wednesday announced it would trim its bond buying by another $10 billion, leaving it on course to end next month the controversial program designed to support the sluggish U.S. economic recovery. The Fed has been tapering...
  • Wall St. watchdog signals shift in bonus disclosure plan

    (Reuters) - A controversial plan that would have required job-switching securities brokers to disclose signing bonuses to their clients is making a comeback, but the new version may be weaker and bear little resemblance to the original, some lawyers say....
  • Small ETFs stand to gain in first days after Alibaba IPO

    CHICAGO (Reuters) - For a handful of U.S. exchange traded funds, Alibaba's initial public offering has the potential to be a bonanza: they can make the Chinese e-commerce company available to investors in as little as a few days, unlike some of their...
  • Wall Street edges higher after Fed; Dow sets record

    Wall Street edges higher after Fed; Dow sets record
    NEW YORK (Reuters) - U.S. stocks edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labor market, standing firm...
  • U.S.-based stock funds attract $1.2 billion after weeks of outflow: ICI

    NEW YORK (Reuters) - Investors in U.S.-based mutual funds committed $1.2 billion to stock funds in the week ended Sept. 10 amid new stimulus measures from the European Central Bank, data from the Investment Company Institute showed on Wednesday. The net...
  • House extends funding for VA programs; bill waits on Senate support

    WASHINGTON Lawmakers this week are showing they can sometimes march together, at least when it comes to helping veterans. Urged on by Rep. Jeff Denham, R-Calif., the House on Tuesday night approved a politically unassailable, 20-page package that...