Bloomberg News

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Gundlach’s Fund Doubles Holdings Of Junk-Rated Puerto Rico Bonds

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DoubleLine Capital’s Jeffrey Gundlach more than doubled the holdings of junk-rated Puerto Rico debt in his Income Solutions Fund to $45 million.

Fund Fees Plunge! Thanks To You

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Fund expenses are falling because more investors are choosing low-cost funds, not because the fund industry reducing costs on its end.

How ‘Safe’ Investments Could Destroy Your Portfolio

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After years of low interest rates and rising stock markets, once-conservative income strategies might actually be putting investors in risky situations.

Health Insurers Could Take $180 Million From Concussed Ex-NFL Players

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Nearly a fifth of the National Football League settlement approved this week compensating former players with head injuries could go to their health insurers instead.

Musk Receives $102 Million In Options, Skips Salary

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Many news outlets are reporting today that Elon Musk, the billionaire founder of Tesla Motors Inc., was paid a minimum wage of $35,360 in 2014. The real number is closer to $100 million.

Malone's Four Liberty Spinoffs Pay CEO Combined $57 Million

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Gregory Maffei used to be the chief executive officer of one media company. Now he runs four -- and collects paychecks from all of them.

Citadel Exec Said To Join Alibaba's Family Office

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A Hong Kong-based managing director of Citadel has quit his employer of almost nine years to help run a family office for Alibaba Group Holding Ltd...

Paulson Gets More Time From IRS For Reinsurance Tax Savings

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Hedge fund managers including billionaire John Paulson won’t immediately face new limits on their use of insurance in offshore tax havens.

Robo-Advisors Move On Taxes

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Wealthfront, Betterment, Schwab and FutureAdvisor now offer "tax-loss harvesting" as an automatic feature on investment accounts.

Finance Industry Tops China List Of Most-Wanted Graft Fugitives

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Forty of China’s 100 top overseas corruption suspects have taken refuge in the U.S. and the largest share of the most-wanted list -- 15 percent -- hail from the financial industry.

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