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Updated: 23 min 51 sec ago

The Latest: Iran sends food to Qatar amid Gulf dispute

Sun, 06/11/2017 - 5:50am
The Latest on developments related to the diplomatic crisis engulfing energy-rich Qatar (all times local): 12:45 p.m. Iran's flag carrier is flying vegetables to Qatar after Arab nations cut land, sea and air routes to the energy-rich Gulf nation.
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Gulf nations may let some Qataris stay amid diplomatic rift

Sun, 06/11/2017 - 1:14am
Bahrain, Saudi Arabia and the United Arab Emirates have signaled they may allow some Qataris to stay in their countries amid a diplomatic rift with the Gulf nation.
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The Latest: Numbers drawn for 10th largest lottery jackpot

Sat, 06/10/2017 - 11:15pm
The Latest on the Powerball drawing (all times local): 10:10 p.m.
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Trump expected to announce Cuba policy next week in Miami

Sat, 06/10/2017 - 6:11pm
President Donald Trump is expected to announce his new policy with Cuba in Miami next week, seeking to reverse some of the changes made under former President Barack Obama's opening with the island.
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Trump seeks pivot from Russia probe to job training

Sat, 06/10/2017 - 2:03pm
President Donald Trump is trying to change the subject back to his promise to make American job creation a top priority.
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Qatar Petroleum says production not impacted by Gulf crisis

Sat, 06/10/2017 - 1:01pm
Qatar Petroleum says it has responded to a diplomatic crisis engulfing Qatar by mobilizing to mitigate the impact any action could have on its energy supplies to customers around the world.
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Report: Opel CEO to step down once sale to PSA completed

Sat, 06/10/2017 - 11:58am
The chief executive of German automaker Opel reportedly plans to step down from his post once the General Motors subsidiary's sale to PSA Peugeot-Citroen has been completed.
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Biofuel cas: Investors to get $4.5M under federal settlement

Sat, 06/10/2017 - 11:43am
A federal judge has approved a $4.5 million settlement for private shareholders of a failed biofuel maker.
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Powerball jackpot up to $435M, 10th largest in US history

Sat, 06/10/2017 - 11:40am
Powerball players apparently will have a chance to win the 10th largest lottery prize in U.S. history.
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Texas's tough pension laws may not apply in other states

Sat, 06/10/2017 - 11:34am
One by one, Pete Bailey, Clint Conway, Julian Bernal and a half dozen other retired police officers and firefighters stood up in December and told the Dallas Police and Fire Pension Board that they had been counting on their deferred retirement accounts to supplement their pensions.
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Impact Insight: Exxon Mobil, Climate Change, and Positive Progress

Sat, 06/10/2017 - 11:00am
By SNW Asset Management via Iris.xyz Last week a non-binding shareholder resolution was passed at Exxon Mobil with over 62% of eligible investors voting in favor and against management’s recommendation. While this type of a result in itself is unusual, what is particularly noteworthy about this vote is that it was all about climate change. The…
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The Cost Effective Way to Merger Arbitrage

Sat, 06/10/2017 - 10:00am
By Yazann Romahi via Iris.xyz The hedge fund landscape is changing. Recent research has made it clear that a significant component of the returns from the main hedge fund styles are generated not only by fund managers’ skill, but as compensation for taking on some form of risks itself, or “beta.” The process is analogous to that…
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How to Predict the Future of Financial Services

Sat, 06/10/2017 - 10:00am
By Jordan Waxman via Iris.xyz Financial advisors know better than anyone how hard it is to predict the future, especially when it comes to the markets. But by taking a closer look at emerging trends both within our industry and beyond, we can begin to get a sense of what lies ahead for the world of financial…
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Photo Gallery: Mr. Studio 54, Ian Schrager, opens new hotel

Sat, 06/10/2017 - 9:18am
Ian Schrager co-founded Studio 54 and is credited with creating the concept of boutique hotels.
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Iran company finalizes deal with Boeing to buy 60 planes

Sat, 06/10/2017 - 8:30am
Iran's official IRNA news agency is reporting that the country's Aseman Airlines has finalized a deal to purchase 60 planes from the American company Boeing.
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How to Manage a Conversation About President Trump With Your Clients

Sat, 06/10/2017 - 8:00am
By Carol Pocklington via Iris.xyz Whether you are talking to your financial advisor, doctor, therapist, friend, partner or in line at the supermarket, somewhere the conversation will turn to President Trump. Coping with significant change is difficult for most people. Then add a sense of disappointment in outcomes, and people feel unsettled. When organizations make changes, the…
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ETF Liquidity: Four Rules to Consider

Sat, 06/10/2017 - 7:00am
By Direxion via Iris.xyz Liquidity, transparency, real-time trading, and relatively low management fees are the reason why ETFs are becoming more and more popular as investment vehicles. Still, there are key characteristics that investors should better understand, in order to trade them properly and seek the best order execution. Of course the largest ETF names are the…
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Toshiba to pay $3.68 billion for Westinghouse reactors in US

Sat, 06/10/2017 - 3:37am
Money-losing Japanese nuclear and electronics company Toshiba Corp. will be paying $3.68 billion toward the construction of two reactors in Georgia by its U.S. unit Westinghouse, which has filed for bankruptcy protection.
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Wall Street Week Ahead: Regional banks may keep lagging without Washington lift

Fri, 06/09/2017 - 8:42pm
A rough few months for most U.S. bank stocks has been particularly unkind to regional banks, and that’s not likely to change soon as hopes dim for higher long-term interest rates and timely policy relief from Washington.
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Government seeks dismissal of suit over Trump's businesses

Fri, 06/09/2017 - 7:52pm
Justice Department lawyers sought the dismissal Friday of a lawsuit alleging that Republican President Donald Trump is violating the Constitution by letting his businesses accept money from foreign governments.
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