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Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

Column: U.S. legislation will help retirement security, but bigger steps are needed

Wed, Jun 19, 2019

Federal policy on retirement security is one chaotic mess right now. ...

Most SoftBank Vision Fund investors want to join second fund: CEO Son

Wed, Jun 19, 2019

Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, and discussions with those investors will begin soon, SoftBank founder and Chief... ...

Your money: Buying or refinancing? The mortgage rate frenzy is back

Tue, Jun 18, 2019

Mortgage rates are nearing historic lows again in the United States, making it an ideal time to buy a home - or refinance. ...

Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore

Tue, Jun 18, 2019

Wells Fargo & Co was dismissed as a defendant in a lawsuit brought by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate... ...

Investor Litt says Hudson's Bay worth double chairman's C$1.74 billion bid

Tue, Jun 18, 2019

Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson's Bay Co private as "woefully inadequate" on Tuesday, saying the chairman-led shareholder group... ...

After Woodford fund suspension, focus turns to its stewards

Mon, Jun 17, 2019

The suspension of Neil Woodford's flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly. ...

Your Money: Millennials should shrug off annuities for now

Mon, Jun 17, 2019

The days of guaranteed pensions from work are long gone, but can annuities make up the difference for millennials? ...

Father Figures: Dad's best financial advice

Fri, Jun 14, 2019

Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines. ...

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Fri, Jun 14, 2019

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position... ...

Seeking shelter from trade war, fund managers bet on China's consumers

Thu, Jun 13, 2019

China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks as the long-term promise of a growing middle... ...