‘It would feel like a burden’: My stepmother, 96, owns the house I grew up in. Is it wrong to tell her I don’t want to inherit it?

Edelman Financial Engines is appealing a judge’s decision to dismiss its lawsuit against Mariner Wealth Advisors, intending to bring the case to the federal appeals court. Edelman Financial Engines’ attorneys on Thursday filed that they intended to appeal the case to the Tenth Circuit Court of Appeals to overturn the judgment by Kansas Federal Court…

Cetera has brought in another Commonwealth Financial Network team, led by Edward Duffy and his Lexington Financial, which manages about $608 million in client assets. The Braintree, Mass.-based firm also includes advisors John Walsh and William Creesy, as well as support staff. “Leaving Commonwealth wasn’t something we took lightly after 32 years,” Duffy said in…

The debate over quarterly reporting has become surprisingly predictable. Supporters of regulatory relief point to cost, managerial distraction and short-termism. Critics warn about information asymmetry, market efficiency and liquidity. The SEC’s proposal to permit semiannual reporting has revived all these familiar arguments. Processing Content But there is another question that deserves far more attention, particularly…

The mega-rocket’s success is SpaceX’s “single most important watch item,” one analyst says.

Dive Brief: The total number of larger U.S. corporate bankruptcy petitions filed this year through June ticked up to 372, just above the 371 total in the year-earlier period, keeping it hovering at the highest level since 2010, according to a Monday report from S&P Global. In the first six months industrial companies filed the…

The Supreme Court’s decision Monday to deny certiorari in Murrin lets stand a Third Circuit holding that the Sec. 6501(c)(1) unlimited period for the assessment of tax applies when a fraudulent return is filed with the intent to evade tax, regardless of whether the intent is that of the taxpayer or another person, including the…