Markets

Fund giant Vanguard is the latest brokerage to slash trading fees to zero

Investment management firm Vanguard is the latest to cut its trading fees to zero, according to a Thursday announcement. The move brings Vanguard in line with industry peers Fidelity, Charles Schwab, TD Ameritrade, and E*Trade, which all slashed their commission fees in fall 2019. Vanguard’s new policy will still levy […]
Fund giant Vanguard is the latest brokerage to slash trading fees to zero
Markets

A gun-free Vanguard fund unwittingly included gun stocks for a month

A Vanguard exchange-traded fund focused on socially responsible investing bought shares of a gunmaker after its underlying benchmark included them mistakenly, Bloomberg reported. The mistake happened during the index’s rebalancing in June, according to Bloomberg. Vanguard and the holder of the index fixed the mistake and notified clients right away, […]
A gun-free Vanguard fund unwittingly included gun stocks for a month
Tech

Here’s who will get richer when IBM buys Red Hat for $34 billion

IBM announced on Sunday it would acquire the open source software company Red Hat for $US190 per share, for a total deal value of about $US34 billion. The acquisition stands to be a significant payday for Red Hat’s top executives and shareholders. Red Hat President Jim Whitehurst could make over […]
Here’s who will get richer when IBM buys Red Hat for $34 billion