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Monday, December 18, 2017

U.S. taxpayers rush to claim deductions under threat from tax bill

NEW YORK (Reuters) - Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan. 1 when the proposed Republican tax overhaul would sharply cut the amount they can deduct on federal tax bills.

An update on winners and losers on the U.S. tax scorecard

NEW YORK (Reuters) - In the lead-up to the conference agreement for the U.S. Tax Cut & Jobs Act released on Friday, there were too many moving parts for most Americans to know how it would affect them.

As California fires blaze, homeowners fear losing insurance

(Reuters) - California homeowners and regulators have a new fear about wildfires ravaging the state: that insurers will drop coverage.

Exclusive: Guggenheim Partners working to quell investor concern about management

NEW YORK (Reuters) - Top executives at asset manager and investment bank Guggenheim Partners LLC are working to quell clients' concerns about the fate of their chief executive officer and about an ongoing examination by U.S. securities regulators.

'Tiger Cub' Griffin shuts his Blue Ridge hedge fund after 21 years

BOSTON (Reuters) - John Griffin is shutting his $6 billion Blue Ridge Capital hedge fund after more than two decades, becoming the latest high profile investor to liquidate his business as industry returns have been under pressure.

Votorantim Energia, Canada pension board form JV to invest in power

(Reuters) - Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Group's energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said.

Do not expect postcard-sized tax return from Republican plan: experts

WASHINGTON (Reuters) - Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are finished their tax overhaul.

Column: New U.S. state retirement plans are welcome, but why so expensive?

CHICAGO (Reuters) - Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k).

Amundi to absorb MiFID research costs

(Reuters) - French asset manager Amundi no longer plans to ask clients to pick up the bill for external investment research when new European Union rules come into force in January, a spokesman said on Monday.

Vivienne Tam scales fashion peaks with China Chic

NEW YORK (Reuters) - Some of us are fortunate to find a calling in life early on, and for Vivienne Tam it was literally by design.