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Billionarie Dubin's Mid-Cap Picks Characterized By Lawsuits, Exchange Rates

2015-06-22 16:28:53| Food - Topix.net

New York-based hedge fund Highbridge Capital Management LLC was co-founded in 1992 by billionaire Glenn Russell Dubin and his former classmate Henry Swieca. Swieca left the firm in 2009, while Dubin remains the CEO and chairman of the hedge fund.

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Utilities: Exec pay doesn't drive rates

2015-06-21 12:45:08| Energy - Topix.net

A story in last Sunday's Business section quoted a consumer advocate saying that executive compensation is a big factor for why private companies such as San Diego Gas & Electric tend to bill their customers more than municipal utilities such as Riverside and Los Angeles. The salary and benefits paid to key executives overseeing California's three investor-owned utilities was about $82 million in 2014.

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Duke Energy Progress proposes lower rates for customers this winter

2015-06-20 20:00:22| Energy - Topix.net

Lower fuel prices and expected savings from the soon-to-close purchase of $1.2 billion worth of municipal generating plants have led Duke Energy Progress to propose cutting N.C. customer rates by up to 3.4 percent. Residential customers would see the largest cut.

Tags: rates lower energy customers

 

Federal Reserve keeps rates on hold

2015-06-17 20:27:04| BBC News | Business | UK Edition

The US central bank , the Federal Reserve, has kept its main interest rate at 0%, where it has been since the 2008 financial crisis.

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VIDEO: When will the Fed raise rates?

2015-06-17 05:08:02| BBC News | Business | UK Edition

America's central bank wraps up a two-day policy meeting on Wednesday as markets wait for hints about a rate rise.

Tags: video rates raise fed

 

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