GM CEO Whitacre Said to Announce a Change in His Position
DPJ Lawmakers Urge Government, Bank of Japan to Curb Yen Surge
Lawmakers from Japan’s ruling party urged the government to consider intervening in the currency market to arrest the yen’s rally to a 15-year high.
Read more on BusinessWeek
MetLife, Prudential Limits Sought on Retaining Death Benefits
U.S. life insurers, a group led by MetLife Inc. and Prudential Financial Inc., would be prohibited from retaining death benefits without specific consent of clients, under a proposal today by state legislators.
Read more on BusinessWeek
Treasuries Lower After $16 Billion Bond Sale
Treasuries remained lower after the U.S. sold $16 billion in 30-year bonds. The current 30-year security yielded 3.94 percent in New York.
Read more on BusinessWeek
Corrections & Clarifications
In “The Woman Leading Rothschild’s China Push” (Markets & Finance, Aug. 9-15), PetroChina was misidentified. It is China’s largest oil producer, not its biggest offshore energy explorer. Also, the Chinese word guanxi, as in personal connection…
Read more on BusinessWeek
GM CEO Whitacre Said to Announce a Change in His Position
General Motors Co. Chief Executive Officer Ed Whitacre will announce a change in his role today, a person familiar with the matter said.
Read more on BusinessWeek
Strippers in pole position for race against deflation
View full post on InvestmentNews.com Latest Headlines
Tax implications of selling a Rollover IRA position and buy ETFs with the proceeds?
I currently have a Rollover traditional IRA with Scottrade. I would like to know the tax implications of getting out of the Rollover IRA, and purchasing Exchange Traded Funds with the proceeds. Thank you!