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Keeping Tesla shares may not be an option for some big...

BOSTON (Reuters) - Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow....

Major Tesla owner Fidelity trimmed stake last quarter: SEC filing

NEW YORK (Reuters) - Major Tesla Inc shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the...

Citigroup shakes up consumer bank and card chief leaves

NEW YORK (Reuters) - Citigroup Inc restructured its consumer bank on Monday, elevating one executive and triggering the departure of another, as the...

Citigroup says global card chief Linville leaving in shakeup

NEW YORK (Reuters) - Citigroup Inc said on Monday that Jud Linville, the head of global cards and consumer services, is leaving the...

Third Point took new stake in NXP Seminconductors: filing

BOSTON (Reuters) - Billionaire investor Daniel Loeb’s hedge fund made a string of new investments in the information technology sector, including buying 10.7...

U.S. teachers’ union urges pensions to cut investment in private prisons

BOSTON (Reuters) - A labor union representing American teachers on Friday urged pension funds to cut their exposure to investment firms that have...

Ackman’s public hedge fund beats market with 12.7 percent gain: report

NEW YORK (Reuters) - William Ackman’s publicly traded hedge fund is outperforming the broader stock market this year, fueled by rising prices at...

Attention retirement savers: college 529 plans aren’t just for kids

CHICAGO (Reuters) - As a financial planner, Ray Loewe watched clients who had retired struggle with too much leisure time. A...

Rosy assumptions on retirement timing invite rude financial surprise

CHICAGO (Reuters) - Working longer can boost the odds of a secure retirement - that is an article of faith in retirement planning...

YOUR MONEY: How to rebuild when divorce derails your retirement

NEW YORK (Reuters) - Divorce crushed Dennis Nolte’s retirement plans not once but twice. A senior takes a walk in Sun City, Arizona,...
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