This high-yield bond trust has outperformed all of its peers in the past five years, and its manager is betting he can repeat that success investing in the stock of companies with big debt loads.
Research has shown that women who reported bringing in the same amount of business as their male peers still got a smaller paycheck, to the tune of up to $1.1 million less.
American Express Co. President Ed Gilligan, who died last week on a return flight from Tokyo, suffered an embolism and subsequent heart attack, a source says.
Karl Wlaschek, a former barroom pianist whose ventures in discount retailing and real estate, combined with longevity, made him the world’s third-oldest billionaire and one of the richest...
