Reuters

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Election Concerns May Cause HNW Investors To Sell Stocks, Horde Cash

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The U.S. presidential race is causing angst among investors, says UBS survey.

1-800-Flowers Founder On Charities, Businesses He Supports

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Jim McCann gave up his CEO title in June and is using his time to focus on charity and other business interests.

Platinum Partners To Liquidate 2 Main Funds Amid Government Probes

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The hedge fund manager said last month it was likely to return the funds' assets after the arrest of a longtime associate.

Prudential Fined For Authorizing Fraudulent Annuity Withdrawals

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Finra says the company allowed nearly $1.3 million to be fraudulently taken from an elderly annuity holder's account.

PIMCO Turns To Man Group's Roman To Lead Revival

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PIMCO has been under pressure to reverse a drop in assets under management since the departure of Bill Gross.

Buffett Donates Nearly $2.9B To Gates Charity And Four Others

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Buffett's 11th annual donation to the five charities comprised 19.61 million Class "B" shares of Berkshire.

Herbalife To Pay $200M To FTC To Avoid Pyramid Scheme Label

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It's a blow to hedge fund manager Bill Ackman, who for years has been betting against the dietary supplements maker.

Brexit Gloom Lifting; Money Flows To Global Equity, Emerging Markets

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The inflows reflect the continued scramble for returns in a world of evaporating bond yields.

Tech Company Files For Bitcoin ETF

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SolidX Partners Inc, a provider of blockchain services, this week filed an application with the SEC to launch an ETF tracking the price of bitcoin.

The Wealthy, Spooked By The Election, Turn To Cash

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The election has the wealthy asking, "How much can I afford to lose?" says UBS.

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