Company Management Issues

In setback for Trump, judges reject travel ban

In setback for Trump, judges reject travel ban

Published 10/02/2017

Iranian citizen and U.S green card holder Cyrus Khosravi (L) greets his brother, Hamidreza Khosravi (C), and niece, Dena Khosravi (R), 2, after they were detained for additional screening following their arrival to Seattle-Tacoma International Airport to visit Cyrus, during a pause in U.S. President Donald Trump's travel ban in SeaTac, Washington, U.S. February 6, 2017. REUTERS/David Ryder

President Donald Trump suffered a legal blow on Thursday when a federal appeals court refused to reinstate his executive order temporarily banning people from seven Muslim-majority countries from entering the United States.

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Ernst & Young`s Indonesia affiliate to pay $1 million to settle `audit failure`

Ernst & Young`s Indonesia affiliate to pay $1 million to settle `audit failure`

Published 10/02/2017

An Indonesian affiliate of global accounting firm Ernst & Young (EY) [ERNY.UL] has agreed to pay a fine of $1 million after the U.S. audit regulator labeled lapses in its checks of a client's books "audit failure".

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LPL Financial fourth-quarter profit surges despite regulatory uncertainty

LPL Financial fourth-quarter profit surges despite regulatory uncertainty

Published 10/02/2017

Independent brokerage LPL Financial Holdings Inc posted a fourth-quarter profit that surged 56 percent as an increase in advisory assets helped soften the costs of an uncertain regulatory environment.

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Exclusive: Labor Department to delay, revisit fiduciary rule – sources

Exclusive: Labor Department to delay, revisit fiduciary rule – sources

Published 10/02/2017

The U.S. Labor Department is preparing to delay its controversial Obama-era fiduciary rule on financial advice for 180 days and seek public comment on the rule.

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Hickey replacement elected by Olympic Council of Ireland

Hickey replacement elected by Olympic Council of Ireland

Published 09/02/2017

File photo: Former top European member of the International Olympic Committee (IOC), Patrick Hickey, leaves a police station in Rio de Janeiro, Brazil, September 6, 2016. REUTERS/Ricardo Moraes

The Olympic Council of Ireland has elected Swim Ireland chief executive Sarah Keane to replace Pat Hickey, who stepped aside after being charged in Brazil over an alleged scheme to sell Rio Games tickets illegally.

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In uncertain times, keep your eye on cashflows: James Saft

In uncertain times, keep your eye on cashflows: James Saft

Published 09/02/2017

FILE PHOTO - An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham

In an era in which facts themselves are increasingly under attack, investors should value what they can count over what they are told.

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U.S. court upholds Obama-era retirement advice rule

U.S. court upholds Obama-era retirement advice rule

Published 09/02/2017

A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice, in a possible setback for President Donald Trump's efforts to scale back government regulation.

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Fund staff may be there to impress, not outperform: James Saft

Fund staff may be there to impress, not outperform: James Saft

Published 08/02/2017

The scads of analysts and fund managers at some money management firms may just be there as window dressing.

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Wells Fargo likely to eliminate 2016 bonuses for top executives: WSJ

Wells Fargo likely to eliminate 2016 bonuses for top executives: WSJ

Published 08/02/2017

Tim Sloan, Chief Executive Officer of Wells Fargo & Company, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson

Wells Fargo & Co's board is likely to eliminate 2016 bonuses for the bank's top executives following the bogus account scandal, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

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