Fidelity Magellan echoes glory days by trouncing benchmark

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Fidelity Magellan echoes glory days by trouncing benchmark

Fidelity Magellan, the mutual fund made famous in the 1980s by Peter Lynch, is trouncing its benchmark and peer group this year. Magellan returned 6 percent through Wednesday while the S&P 500 index lost 2.5 percent with dividends reinvested. The $19 …
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Tax Fraud Blotter: Doctors in the house

… where she had access to company checks and accounting systems. … initiated electronic transfers from company bank accounts to third parties for
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Bloomberg to Release New Show, Foundering (Podcast)

Bloomberg Technology reporter Ellen Huet has some exciting news about what's coming in the Decrypted feed. We're launching a new show,
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New US Data Rules Aim at Clearing Up Jumbled Virus Picture

A nurse speaks with a patient at a Covid-19 drive-through testing site in Escondido, California. Photographer: Bing Guan/Bloomberg
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It's Easy to Forget Coronavirus as Crowds Swell

Photographer: CHANDAN KHANNA/AFP/Getty Images. This is Bloomberg Opinion Today, a virus mutation of Bloomberg Opinion's opinions. Sign up
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