Calls rise for brokers to act in clients best interest
Chicago area couple lose retirement funds after cold calls push risky penny stocks and frequent trades. They sue the brokerage for unsuitable investments as a fiduciary standard debate grows. The Labor Department seeks to require brokers to always act in clients’ best interests, beyond mere suitability. President Obama pushes for stronger fiduciary rules at an AARP event.
MENTIONED IN THIS ARTICLE
Chicago
Karin Betz
al Betz
Betzes
National Securities
U.S. Department of Labor
Barack Obama
AARP
Obama
Wall Street rising star confronts undocumented life in Miami
Julissa Arce once sold investments at Goldman Sachs while living as an undocumented immigrant with fake papers. Fear of deportation shaped her career and life. Now with Define American she travels to urge a humanized view of immigrants and coordinates with Jose Antonio Vargas to shift cultural dialogue nationwide.
MENTIONED IN THIS ARTICLE
Miami
Julissa Arce
Wall Street
Goldman Sachs
U.S
Arce
Mexico
Bloomberg Business
America
Jose Antonio Vargas
Philippines
Vargas
Four Peaks Brews Win Expansion on Arizona Limits
Four Peaks Brewing Co expands production caps to seven retail locations and up to 6.2 million gallons per year under a new Arizona law signed by Gov. Doug Ducey. The measure preserves the three tier system while aiding microbreweries and boosting craft beer growth statewide.
MENTIONED IN THIS ARTICLE
Phoenix
Four Peaks Brewing Co
Arizona
Doug Ducey
Tempe
Ducey
U.S
Brewers Association
Anheuser-Busch
Bill Ducey
Don Isaacson
Isaacson
Rob Fullmer
Arizona Craft Brewer's Guild
Fullmer
Millennials follow news via mobile and social networks
A survey of Americans aged 18 to 34 shows two thirds consume news online, with 40 percent several times daily, often on social networks like Facebook. The findings, presented at the Newspaper Association of America convention, note Millennials get harder news from traditional sites and softer lifestyle news from social feeds.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press-Norc Center For Public Affairs Research
American Press Institute
Erica Quinn
Gainesville
Fla
Nashville
Newspaper Association of America
Facebook
Marilu Rodriguez
Also Mentioned on This Page
Chicago Tribune
Crystal Lake
Ill
Karin
Becky Yerak
Alfonso Chardy
Miami Herald
Marila Rodriguez