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BlackRock planning to cut 400 jobs: source

March 31, 2016 by · Leave a Comment 

A BlackRock spokesman declined comment. BlackRock hired about 800 people in 2015. Of the top 10 U.S. companies by mutual fund and exchange-traded fund assets, all but one – Vanguard Group Inc – saw those assets decline over the one-year period through February, according to Lipper,

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BlackRock planning to cut 400 jobs: source

christopher

U.S. jury finds GM ignition switch defective but did not cause crash

March 31, 2016 by · Leave a Comment 

A U.S. jury found on Wednesday that a defective ignition switch was not to blame for a 2014 accident in a General Motors car, the first trial to reach a verdict since the company recalled millions of vehicles with the part. The eight jurors, who deliberated less than a day following a two-week trial in Manhattan, found that the ignition switch …

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U.S. jury finds GM ignition switch defective but did not cause crash

christopher

Appaloosa calls for removal of SunEdison’s TerraForm execs

March 31, 2016 by · Leave a Comment 

Billionaire David Tepper's Appaloosa Management is seeking to overhaul TerraForm Power Inc's Conflicts Committee, claiming the company's controlling shareholder SunEdison Inc has breached its fiduciary duties. Appaloosa is calling for removal of Peter Blackmore, Jack Jenkins-Stark and Christopher Compton from

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Appaloosa calls for removal of SunEdison’s TerraForm execs