Interesting commentary on how the moribund active management mutual fund industry could reform itself. Probably not what they want to hear, but possibly what they need to hear. NEW YORK Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Wednesday that gold remains the best investment amid fears of instability in the European Union and prolonged global stagnation, as well as concerns over the effectiveness of ce... The pound hit a fresh post-Brexit low on Tuesday, and domestic UK stocks were being heavily sold in jittery trade after Standard Life halted investor redemptions for a £2.9bn property fund and growth data for the services sector hit its weakest The great Elon Musk empire is consolidating. Today electric car and battery company Tesla announced its offer to acquire solar panel installation company SolarCity. Recently SolarCity had its value downgraded, making it an easier acquisition target. Toget... Source: The McClellan Market Report Newsletter Conversely, he said, people tend to blame whoever's in office when they're "feeling bad" or the markets dip. "If you see the market head downward, which I'm expecting after a top in early July, that would pre... Valeant Pharmaceuticals International Inc.'s real problem isn't its critics or drama with its leadership, but the company's underlying business. The shares plummeted Tuesday as new Chief Executive Officer Joseph Papa cut 2016 earnings and sales forecasts,... A whistleblower lawsuit filed against Oracle over its accounting practices underscores the pressures established computer companies face to show that they are growing in the fast-moving business known as the cloud. The lawsuit, filed on Wednesday in U.S.