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The Latest Breaking News from Vanguard Group

Vanguard announces major change to hundreds of funds and ETFs

The mutual-fund giant makes the announcement as marks its 50th anniversary this year.

The Street

Warren Buffett Leaves 4 Investors Holding The Bag On Apple Stock

Berkshire Hathaway's Warren Buffett just dumped half his Apple stock — getting out before another 5% drop Monday. And that leaves four other investors holding the bag.

Investors Business Daily

Billionaire L.A. Times Owner Sits On $10 Billion Nightmare Stock

L.A. Times owner Patrick Soon-Shiong and fellow fund investors in his ImmunityBio are facing a much costlier issue.

Investors Business Daily

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Who Owns Amazon.com Now That Jeff Bezos Dumps His Stock?

Amazon.com founder Jeff Bezos is unloading some of his stock in the online retailer. But he still keeps a strong ownership grip.

Investors Business Daily

5 Investors Make $1 Billion A Year From Dividends Alone

Looking to score some supersize dividends as the S&P 500 goes sideways? There's a billion lessons to be learned from investors.

Investors Business Daily

Two Wall Street Powerhouses Hit by the Fall of Billionaire Adani's Empire

The two major U.S. institutional investors have exposure to the Adani Group conglomerate.

The Street

Vanguard quits clean energy group after 13 states complain

One week after 13 Republican state attorneys general asked federal energy officials to consider blocking Vanguard Group from buying utility stocks because of its relationships with anti-coal and anti-natural gas activists, the Malvern, Pennsylvania-based investment giant has pulled out of an international group committed to reducing net greenhouse gas emissions…

The Philadelphia Inquirer

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Joseph N. DiStefano: 13 pro-fossil fuel states seek to block Vanguard utility buys, cite ties to green ‘activism’

Vanguard Group, the investment giant whose offices in Malvern, Pennsylvania, have been targeted by environmentalists demanding it pressure companies to stop burning carbon fuels, now faces backlash from states who say its efforts to address climate change threaten investment profits for pension funds and other clients.

The Philadelphia Inquirer

Here's Who Owns Tesla Now That Elon Musk Is Selling Out

Entrepreneurs sell out stock eventually, and Tesla CEO Elon Musk is no different. But he's still firmly in control of the company he co-founded.

Investors Business Daily

Vanguard Forecasts The Next 10 Years: 65% Chance Of Recession, Bet On Value Stocks

The Vanguard Group is projecting an annualized return of between 4.1% and 6.1% for U.S. stocks over the next ten years, with value stocks beating those returns.

Benzinga

Citi, Bank of America, Wells Fargo Shareholders Backed Proposals To Stop Financing New Fossil Fuel Supplies Doesn't Get Enough Support

Investors at Citigroup, Inc (NYSE:C) and Bank of America Corporation (NYSE:BAC) hardly backed proposals, essentially asking the banks to stop financing new fossil fuel supplies, Reuters reports. Wells Fargo & Company (NYSE:WFC) investors followed suit with a similar proposal. An expert saw the results reflect the current instability in energy markets and activists’ challenge in persuading…

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