Photo. Daniel Ivascyn, one of Pimco's six deputy chief investment officers.Credit Steve Marcus/Reuters. The king may have departed, but at Pimco, his investment thesis lives on.
Comptroller Scott M. Stringer unveiled a letter-grading system on Wednesday that rates New York City agencies in terms of their spending on goods and services provided by businesses owned by women and minorities.
Pepsi True is also copying Coke in another respect. Coke last year in Argentina introduced its own naturally-sweetened, mid-calorie soda, Coca-Cola Life, which also is sweetened with sugar and stevia.
REUTERS - Bank of America Corp said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately. He succeeds Charles "Chad" Holliday, the former chief executive of the chemical company E.I.
The stock market got off to a rough start to October on Wednesday. The Dow Jones industrial average dropped nearly 240 points as investors reacted to a round of negative economic news.