Edition:
United Kingdom

Tim McLaughlin

BNY Mellon vows to stem billions in outflows from index products

17 Jul 2019

BOSTON BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products.

BNY Mellon vows to stem billions in outflows from index products

17 Jul 2019

BOSTON, July 17 BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products.

Wayfair workers, supporters protest furniture sale to U.S. immigrant camp

27 Jun 2019

BOSTON Several hundred people, including employees of Wayfair Inc, rallied in Boston on Wednesday to protest the online retailer's sale of furniture for a Texas detention facility housing migrant children. | Video

U.S. senators target $1 billion a year coal subsidy, ask IRS for test results

10 Jun 2019

BOSTON Three U.S. senators on Monday urged the Internal Revenue Service to crack down on a $1 billion-a-year subsidy for burning chemically treated refined coal, after a new study showed some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution.

California synagogue shooting casts harsh light on mutual-fund darling Cloudflare

30 Apr 2019

BOSTON The gunmen accused of attacking U.S. synagogues and New Zealand mosques over the past six months brewed their ideas on online hate sites, pulling U.S. cyber-defence firm Cloudflare Inc into a debate on the balance between online speech and security.

A.J. Gallagher’s 'clean coal' business draws ire of green investors

18 Jan 2019

BOSTON Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”.

U.S. retirees try to keep cool as stocks tumble

29 Dec 2018

BOSTON Nancy Farrington, a retiree who turns 75 next month, admits to being in a constant state of anxiety over the biggest December stock market rout since Herbert Hoover was president. | Video

Small assault-style rifle firms thriving under activists' radar

17 Dec 2018

BOSTON A decade ago, Kentucky's Anderson Manufacturing was a small machine shop that didn't make firearms. | Video

World News