Transocean shareholders rebuffed many of Icahn's efforts to bring about changes. But they awarded the activist investor one victory, dethroning the company's longtime chairman.
In anticipation of rising rates, investors are piling money into short-term-bond mutual funds and ETFs. But they might be taking on other, more worrisome, risks.
The mysterious jewels industry is centered around colored gemstones from countries like Madagascar and Myanmar, where smuggling is rampant and record-keeping is poor.
People born between 1966 and 1975 took a bigger hit during the recession and are less well-prepared for retirement than older Americans, according to a new study.
The Federal Trade Commission will allow Tesoro to go through with its plans to buy a BP refinery in Southern California, bringing the two companies one step closer to sealing the deal sometime this quarter.
