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

Reuters Money

LJM Partners sues unnamed 'manipulators' it blames for volatility losses

Fri, Jan 18, 2019

LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year's jump in stock market volatility that effectively... ...

Investors punish poorly performing hedge funds by pulling billions

Fri, Jan 18, 2019

Hedge funds suffered their worst quarterly outflows in two years when investors pulled $23 billion from the industry during the last three months of 2018, new data released on Friday show. ...

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

Fri, Jan 18, 2019

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... ...

Trian to skip PPG board challenge after new commitments: sources

Fri, Jan 18, 2019

Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's... ...

Return of risk-on fuels worst government debt outflows since October: BAML

Fri, Jan 18, 2019

Government bonds suffered the biggest weekly outflows since October last year as investors plowed money into emerging market and high-yield debt, Bank of America Merrill Lynch (BAML) said on Friday. ...

Gulfport pledges share buybacks after hedge fund demand

Thu, Jan 17, 2019

Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value... ...

Your Money: The words and wisdom of Jack Bogle

Thu, Jan 17, 2019

America just lost a true giant in investing legend and Vanguard Group founder Jack Bogle. ...

John Bogle, Vanguard founder and low-cost investing pioneer, dies at 89

Thu, Jan 17, 2019

John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the... ...

Finding the bright side in a graying U.S. workforce

Thu, Jan 17, 2019

(The opinions expressed here are those of the author, a columnist for Reuters.) ...

Investors end 13 straight weeks of U.S. fund withdrawals

Wed, Jan 16, 2019

Investors sweetened on financial markets in early January and ended a 13-week retreat from U.S.-based funds, the Investment Company Institute (ICI) said on Wednesday. ...