By Jonathan Stempel (Reuters) – Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million to settle a lawsuit claiming it stuck ordinary investors in its popular target-date retirement funds with surprisingly large tax bills. A preliminary settlement of the proposed class action was filed on Wednesday in Philadelphia federal…
(Reuters) – Shares of Trump Media & Technology Group slumped to a two-week low on Thursday, as speculative bets on Donald Trump winning the U.S. presidential election lost steam a day after his victory. The stock was nearly 20% lower at 10:25 a.m. ET, on track to erase its 6% gain on Wednesday after majority…
(Reuters) – United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to transmit mobile phone signals and high-speed data services to AT&T in a $1.02 billion deal. The transaction is part of the regional wireless carrier’s strategy to monetize its spectrum assets that were not part of…
SOCHI, Russia (Reuters) – President Vladimir Putin condemned the United States on Thursday for seeking to inflict a strategic defeat on Russia in Ukraine and said a struggle was underway to shape a new world order as the Western-dominated post-Cold War era crumbled. “We have come to a dangerous line,” Putin told the Valdai discussion…
