Business

Labor Secretary Tom Perez speaks at a governors meeting in July. Under current rules, advisers

White House To Financial Advisers: Put Savers' Interests First

9:57am April 06, 2016

The White House on Wednesday rolled out rules to force financial advisers to take on fiduciary duties. That means they must put savers' interests ahead of fees. Critics say the rules are too complex.

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Economy

PayPal Move Makes Economic Impact Of HB 2 Real

9:39am April 06, 2016

PayPal has withdrawn plans for an expansion into Charlotte because of North Carolina's new law limiting legal protections for LGBT people.

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A box of Lumigan eye-drops, produced by Allergan Plc, stands next to a box of Viagra tablets, produced by Pfizer Inc. The Irish and American drugmakers were planning to merge, but the deal has been called off after a change in U.S. tax law reduced the pot

Pfizer, Allergan Call Off Their $150 Billion Merger

9:02am April 06, 2016

by Camila Domonoske

Pfizer announced that the planned merger between the two pharmaceutical companies has been terminated because of a recent change in U.S. tax rules.

World News

Pfizer Calls Off $150 Billion Merger With Allergan

8:31am April 06, 2016

by Jim Zarroli

U.S. drug company Pfizer announced it has terminated its merger agreement with Ireland-based Allergan. Pfizer says the decision was driven by anti-inversion rules introduced by the U.S. Treasury.

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Greg Louganis in an inward dive pike on the front of the Wheaties box. The "legends" series boxes will be on shelves starting in May.

Better Late Than Never: Olympic Champion Greg Louganis Gets His Wheaties Box

8:05am April 06, 2016

by Laura Wagner

The openly gay gold-medal winner said the box "means so much more to me than it would have then because I feel like I'm being embraced as a whole person, not just for my athletic achievements."

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WhatsApp Adds End-To-End Encryption To Its Communication Services

7:06am April 06, 2016

by Aarti Shahani

That means only the sender and recipient of a message can view it. The people who run the popular messaging service cannot, and they cannot hand data over to law enforcement.

Industry Group Weighs In On New Fiduciary Rule

7:04am April 06, 2016

The Labor Department rule regarding retirement planning is opposed by Wall Street. Renee Montagne talks to Jules Gaudreau, president of the National Association of Insurance and Financial Advisors.

Obama Administration Wants Savers To Keep More Of Their Retirement Money

6:55am April 06, 2016

by Chris Arnold

The Labor Department unveils a rule imposing limits on how financial advisers and brokers may offer advice to people saving for retirement. The rule changes how these advisers can earn commissions.

World News

Uber Drivers In Nairobi Discover Not All Taxi Drivers Welcome Competition

6:45am April 06, 2016

by Gregory Warner

After steady complaints by taxi drivers in Kenya that the ride-sharing service Uber is stealing their business, six men were arrested last week and charged with attempted murder of an Uber driver.

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How Will Trump The Brand Survive Trump The Candidate?

9:34pm April 05, 2016

by Jim Zarroli

There's some evidence Trump is losing favor with the high-end customers his businesses target.

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