Putnam Investments today announced that it is being acquired by Great-West Lifeco Inc., a subsidiary of Power Financial Corp. in Montreal, for $3.9 billion.
Three executives of National Planning Corp., Sean Haley, Bryan Jacobsen and Austin Moon, have received promotions.
The Senate approved the first increase in minimum wage in 10 years, bumping it to $7.25 per hour.
The Pending Home Sales Index, which measures signed sales contracts, increased 4.9% in December.
