News

General Growth Settles Stock Drop Suit

General Growth Properties, the second-largest U.S. Mall owner, in the process of emerging from bankruptcy, has agreed to a $5.75-million settlement of a 401(k) stock-drop case.

Scout Picks Up Indiana Fixed-Income Shop

Scout Investment Advisors, a subsidiary of UMB Financial Corporation, has agreed to acquire Reams Asset Management Company, an investment management firm specializing in fixed-income products.

One to Three Drinks a Day is A-OK

A new study in the journal Alcoholism: Clinical and Experimental Research provides the strongest evidence yet that moderate drinking can make you live longer.