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Analysis: Green is the color of money for funds betting on a Biden win

Fund managers betting that green-type stocks with environmental, social and governance (ESG) credentials will benefit from an expected win by Democrat Joe Biden in the U.S. presidential election are also looking at a swathe of other companies expected to rise along with them.

U.S. banks sweat regulatory exposure from pandemic loans

Banks that facilitated the U.S. government's Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses slammed by the fallout of the COVID-19 pandemic.

Investors chase European equities, dump U.S. as election nears

Fund flows into European stocks have surged in recent months, data showed, as global investors look to diversify away from U.S. equities amid concerns over higher valuations and caution ahead of the presidential elections.

Berkshire Hathaway to pay $4.14 million to settle Iran sanctions violations claims

Warren Buffett's Berkshire Hathaway Inc agreed to pay $4.14 million to settle civil allegations that a Turkish subsidiary committed "egregious" violations of U.S. sanctions against Iran, the U.S. Treasury Department said on Tuesday.

Analysis: Unloved value stocks seen as cautious bet as election nears

A sustained shift to value stocks has eluded investors for years. Indeed, a casualty this week was the $10-billion AJO quantitative value fund that announced it was shutting, citing the longest "drought" on record in value.

U.S. Treasury asks dealers for views on TIPS, bank demand for Treasuries

The U.S. Treasury on Friday said it is asking primary bond dealers whether it should increase the size of auctions for Treasury Inflation-Protected Securities (TIPS) following the Federal Reserve's announcement of a new inflation targeting policy.

Cannabis companies, betting on a Biden win, ready IPOs

A year ago, Flora Growth Chief Executive Damian Lopez had just spent a chunk of his company's seed capital buying a Colombian cannabis producer, and was fighting his way through the legal and financial hurdles that have made development of the industry such a challenge over the past decade.

Fledgling private equity firms falter as virus curbs in-person wooing

Private equity fund investors have been favoring established buyout firms over first-time managers in recent months, as the challenges of carrying out due diligence remotely during the COVID-19 pandemic reduce their appetite for risk.

Presidential Material: Life Lessons with Bellamy Young

The United States may not have had a woman president quite yet, but on TV it certainly has. One of those was Mellie Grant, the character played by Bellamy Young on the Shonda Rhimes hit “Scandal” before it ended last year.

Local hero: Florida hotelier Harris Rosen keeps his giving close to home

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