Business

Fidelity Investments' chairman Ned Johnson to retire

Fidelity Investments' chairman Ned Johnson to retire

Under the direction of Abigail Johnson, however, Fidelity has launched a flurry of index funds in recent years. Johnson, 54, appears well prepared for the job ahead. And Lowell expects her to roll out more online tools for advisers, and "robo" advisory services for retirement customers. Corrections & Amplifications: Fidelity, known for its roots in stockpicking and as a home to the likes of star managers such as Peter Lynch and William Danoff, is one of the largest mutual-fund firms ...


Kingfisher Q3 Total Sales Climb, B&Q UK & Ireland Weak; Stock Dips

Kingfisher Q3 Total Sales Climb, B&Q UK & Ireland Weak; Stock Dips

LONDON-B&Q owner Kingfisher PLC (KGF.LN) said Tuesday that like-for-like sales for the third quarter of fiscal 2017 rose 1.8% on a constant currency basis to 2.96 billion pounds ($3.69 billion), boosted by Screwfix in the United Kingdom and Poland.



Kerry: Obama's climate change targets won't be reversed

Mars announced its plan of building wind farms in Mexico through a new partnership with Vice Energia and Envision at COP22 to help it meet its targets to tackle climate change. The U.N. says global emissions rise every year, reaching 52.7 billion tons in 2014, primarily driven by the rapid expansion of China, India and other Asian economies.


Putin fires economy minister over bribe charges

Putin fires economy minister over bribe charges

Investigators accused Ulyukayev of "threatening (and) using his ministerial powers to create obstacles to the company's activities in the future". A Moscow district court ruled on Tuesday to place Ulyukayev under house arrest. "I'm talking of course of the next phase of the privatisation of Rosneft". The criminal charge Ulyukayev faces is punishable by up to 15 years in prison.


Are these flips flops the new 'the dress'?

Are these flips flops the new 'the dress'?

While some think the flip-flops featured in the picture are black and brown, others argue they are white and gold - and some even black and blue. If you are feeling a bit of deja vu, a highly debated Tumblr post from February 2015 sparked the same kind of out cry regarding a dress.