John Hancock, the estranged son of Australia’s wealthiest citizen, the iron ore billionaire Gina Rinehart, recently flew to the U.S. to join 400 guests at a four-day wedding celebration in Bar Harbor, Maine.
Genworth Financial Inc. named James Boyle to run its U.S. life insurance operation, as Chief Executive Officer Tom McInerney seeks to improve results at the country’s largest provider of long-term care coverage.
Gina Rinehart, Asia’s richest woman, offered to step down from managing a multibillion dollar family trust and give up control of almost a quarter of her iron ore company to end a lawsuit by two of her children.
The only two actively managed U.S. foreign-exchange mutual funds to turn a profit last year have divided views on how the dollar will perform in 2014, casting doubt on the notion of a market consensus on the greenback.
Southwest Airlines Co., the largest low-fare carrier, will increase competition at American Airlines Group Inc.’s biggest hub by expanding nonstop service from a rival Dallas airport as U.S. flight limits there end.