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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
  • New proposals, new poll as Medicaid session convenes

    Virginia legislators return to Richmond on Thursday to debate the Medicaid expansion they've already rebuffed with news that a majority of Virginians — 61 percent — support the idea, and with two conservative alternatives on their desks. But...
  • UC regents support renewable energy but not coal and oil divestment

    A UC regents committee decided Wednesday not to sell off stocks and holdings in oil, coal and natural gas from the university’s $91-billion endowment and retirement funds but moved to have environmental and social issues more deeply influence...
  • Calpers names Ted Eliopoulos chief investment officer

    (Reuters) - The California Public Employees' Retirement System said Ted Eliopoulos would assume the role of chief investment officer at America's largest public pension fund. The $300 billion fund, known as Calpers, invests with firms including Och-...
  • Bethlehem posts a modest surplus

    Bethlehem posts a modest surplus
    Bethlehem's audit shows the city spent $1.6 million less last year than it took in, a small surplus made possible by selling city parking lots and raking in other one-time revenues. The parking lots brought in $1.2 million, and $289,000 more came from a...
  • 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...
  • 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...
  • 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...
  • 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...
  • ECB to dish out first round new ultra-long loans to boost lending

    FRANKFURT (Reuters) - The European Central Bank will hand out the first round of its new four-year loans on Thursday, the flagship tool in a new stimulus package it hopes will stave off deflation and revive the ailing euro zone economy. The new...
  • CalPERS can't kill hedge funds

    The news this week that the California Public Employees' Retirement System was liquidating its hedge fund portfolio brought accusations from critics of these private, unregulated funds that their time in the sun was finally over. For the anti-hedge fund...