Duke Energy Corp., Ford Motor Co. and General Electric Co. are enticing a growing number of individuals to buy their debt through investments pitched as higher-yield alternatives to checking accounts and money funds.
Regulators in three U.S. states have started or widened examinations of how life insurers pay beneficiaries after a federal judge described MetLife Inc. ’s marketing of asset accounts as “inherently deceptive,” even as he dismissed the underlying suit against the company.
Weeks after Eileen P. Rominger left Goldman Sachs Group Inc., she took the helm of the U.S. Securities and Exchange Commission’s investment management division as one of the wealthiest people to ever join the agency.
Galleon Group LLC co-founder Raj Rajaratnam’s arrest for insider trading in October 2009 made a former Advanced Micro Devices Inc. employee afraid the U.S. suspected him of passing tips to the fund, he said.
Economists are paring forecasts for declines in the Argentine peso, pushing the median year-end estimate to the strongest in five months, on speculation policy makers will limit losses to rein in inflation.