Here’s a map of the largest company in every state by market cap

A map of the largest company in each state by market cap from Broadview Networks looks much like the 2015 edition. Apple Inc. is still the big cheese in California and ExxonMobil is king in Texas while J.P. Morgan Chase & Co. reigns supreme in New York.

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NewsWatch: Why Dow 20K is the mark of an underachieving market

Dow 19K was only a few weeks ago, but the Dow Jones Industrial Average has actually been an underachiever this century vs. the last one.

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Chuck Jaffe: 7 ways the mutual fund industry can treat investors better

Mutual fund companies can do more to put their customers first, writes Chuck Jaffe.

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U.S.-based stock ETFs rake in cash as Fed raises rates: Lipper

NEW YORK (Reuters) – Investors piled into stock exchange-traded funds at the fastest pace since their record-setting haul following the U.S. presidential election, Lipper said on Thursday, as…

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Goldman says newly promoted COOs and CFO to get same base salary

(Reuters) – Goldman Sachs Group Inc said its newly promoted co-chief operating officers and chief financial officer would each receive a $1.85 million base salary as part of their broader…

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Lower CEO pay equates to higher shareholder rewards: James Saft

Investors would be better off sticking with firms which pay their chief executives less, according to a new study.

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BlackRock to lead funding round for fintech startup

NEW YORK (Reuters) – BlackRock Inc plans to lead the next funding round for the startup iCapital Network, which gives individual investors access to private equity funds, hedge funds, and other…

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American charged in bank hacking turned down Russian asylum: lawyer

NEW YORK (Reuters) – The Russian government offered asylum to a Maryland-born man facing U.S. charges he was part of a computer hacking scheme targeting financial firms including JPMorgan Chase & Co,…

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Market Extra: Investors toast a renaissance for active stock managers

Increasing shunned by investors in favor of passive strategies, active management—where the holdings of a portfolio are chosen by an individual, rather than being pegged to a benchmark, as with passive—seems to be enjoying an improved reputation, if not increased usage.

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