Finance

Lead Editor: Sean McMahon

About This Industry

SmartBrief brings you all the latest news from every corner of the financial services sector. When you need more intel about how market trends and policymakers are going to affect you and your business, SmartBrief has you covered.

Darren Karst to become CFO at Rite Aid

7/25/2014

  • Supermarket News (free registration)

Karst serves as CFO and executive vice president at Roundy's Supermarkets. Michael Turzenski, group vice president and chief accounting officer, will succeed Karst. Read More

Mexico's energy reforms a boost to Vesta, CEO says

7/25/2014

  • REIT.com

Energy reform in Mexico has been beneficial to Vesta, an owner of industrial buildings and distribution centers, because it lowered the cost of electricity, making the country more attractive to manuf… Read More

Obama's retroactive tax legislation faces opposition

7/25/2014

  • CNBC
  • Bloomberg

Some Senate Democrats are raising concerns about President Barack Obama's plan to prevent companies from moving their legal address to non-U.S. locations for tax purposes. "Do we get something done on… Read More

Commentary: Applying the suitability standard to other professions

7/25/2014

  • ThinkAdvisor

Opponents of a fiduciary standard for brokers, including Rep. James Lankford, R-Okla., cite lower client costs as an argument for keeping the suitability standard. Bob Clark, editor-at-large for Inves… Read More

La. regulator: Ride-sharing drivers, passengers should review coverage

7/25/2014

  • Times-Picayune (New Orleans), The

Drivers and users of ride-sharing services should review their insurance coverage to avoid any gaps, Louisiana Insurance Commissioner Jim Donelon said. Drivers should check their personal insurance co… Read More

Analysis: Mortgages are harder to get than in 2000-2002

7/25/2014

  • Wall Street Journal (tiered subscription model), The

Mortgage credit standards are tighter now than in 2000-2002, before lenders relaxed their underwriting in the lead-up to the financial crisis, Goldman Sachs economists found in an analysis that consid… Read More