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COLUMN-U.S. courts order 401(k) sponsors to do the right thing

CHICAGO, May 21- The U.S. Supreme Court ruled this week that employers have a duty to protect workers in their 401 plans from mutual funds that are too expensive or perform poorly. The high court ruled on a class-action lawsuit against Edison International. St. Louis lawyer Jerome Schlichter, who has made a cause of suing 401 plans to get them to shape up, brought the...
Source: Reuters | By: Mark Miller
Cancer conference data may prompt healthcare share volatility

Investors were waiting for news that could move share prices from many bigger companies including Bristol-Meyers Squibb Co, Amgen Inc and Celgene Corp. Hot topics at the American Society of Clinical Oncology conference in Chicago will include immuno oncology and CAR-T cell therapies. Shares in Juno Therapeutics Inc, Kite Pharma Inc, BlueBird Bio Inc and...
Source: Reuters | By: Sinead Carew