(Adds Pimco Total Return Fund's peak in assets, Bernanke appointment). By Jennifer Ablan. May 4 (Reuters) - The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world's biggest bond mutual fund, following two years of withdrawals.
WASHINGTON - Federal Reserve Chair Janet Yellen is disclosing that she met with a financial analyst at the center of an investigation into a possible leak of confidential interest-rate information.
Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
Cisco Systems Inc. Chief Executive Officer John Chambers and Chuck Robbins, his just-named successor, both have Southern drawls and a reputation as hard-driving, world-class salespeople.
WASHINGTON - Orders to United States factories rose in March for the first time since July, breaking a long stretch of weakness. Orders increased 2.1 percent after seven monthly declines, the Commerce Department reported Monday.