Investment managers who want companies to adhere to sustainable business practices need to apply more pressure by meeting with boards of directors because using proxies and buying environmental, social and governance (ESG) research isn’t enough, according to panelists at a Federated Investors and Hermes Investment Management roundtable discussion.
New Hampshire’s lottery generated $87.5 million in net profits last year and this year some $90 million is expect. So, when the Department of Justice reversed its 2011 interpretation of the Wire Act in November, it ruffled the feathers of states like New Hampshire, which had just begun offering lottery tickets online two months prior to help fund public education.
Direct-sold 529 plans are increasingly accessible to advisors as they shift from commission to fee-based compensation. That's because direct-sold plans recognize that the market is shifting and so they want to provide some of the customization and flexibility that was previously limited to advisor-sold plans.
Self directed 401k investors fare better with advice, according to a Schwab study released today.
Expecting radical change at universities since the college admissions scandal was unearthed is unrealistic but tightening up the loopholes is likely. Here's 5 ways college admissions will become more work in the future.
Peloton has wrongfully been cast in a negative light by the National Music Publishers Association, Inc. (“NMPA”), according to the fitness company, which filed a countersuit on April 30 against music publishers for Drake, Rihanna, Lady Gaga, Justin Timberlake and many other popular artists.
J.Crew, long the go-to brand for yuppies seeking chinos and pullovers, has fallen on hard times, but it hasn’t quite thrown in the towel. The retailer is reportedly pulling out all the stops for a turnaround, instead of waving the bankruptcy white flag like so many others.
Every 65 seconds, someone in the U.S. develops Alzheimer’s disease, according to the Alzheimer’s Association, and as cases of cognitive decline among the aging continue to rise, so too does the number of opportunities for senior citizens to outline their future care preferences and expectations concerning Alzheimer’s.
If the music publishers for Drake, Rihanna, Lady Gaga, Justin Timberlake and many other popular artists have their way, fitness company Peloton will be paying out $150 million for copyright infringement on more than 1,000 songs used with Peloton classes, stationary bikes and treadmills.
At the core of the federal lawsuit, Downtown Music Publishers LLC v Peloton Interactive, Inc filed in the Southern District of New York, is the appropriateness of class action status and whether synchronizatio...
The state of Texas made up nine of the top 50 best cities to buy property and rent through Airbnb followed by Florida and California, according to a new report. But Moreno Valley, California is where investors stand to earn the most with a whopping $33,720 in potential annual profit and an average daily rental rate on Airbnb of $226.
Analysis included median home price, mortgage payment, average Airbnb rental costs and occupancy rates.
According to a 2018 Economic Policy Institute study, 60 million American workers are barred from litigating employment claims in traditional civil court because they have signed away their rights. To make things worse for workers, the U.S. Supreme Court recently reversed the National Labor Relations Board (NLRB) ruling that invalidated mandatory arbitration agreements with class action waivers, which means that employment agreements containing arbitration provisions are enforceable under federal law.
Inheritance exploitation rears its ugly head under various circumstances. Whether it’s a drug-addicted family member or a dishonest caretaker, the results are the same. Heirs are being cheated out of their share of family wealth or they are paying hundreds of thousands of dollars in legal fees to hold on to it.
In addition to partnering with the Tory Burch Foundation to connect women business owners to affordable loans, Bank of America reported an increase of 33 percent to 44 percent of women in senior leadership positions from 2015 to 2018. More than 30 percent of the bank’s directors are women.
As a result, Bank of America was among the companies honored Thursday in New York City by the 2019 Catalyst Conference: The Future@Work.