Companies that are compliant with environmental, workforce or financial regulations are merely meeting minimum standards required by law, and that is not leadership, John Friedman writes. "I don't think people are fooled when a company declares itself a leader simply because it has not had any accidents, paid any penalties or because it has effective programs in place to rigorously and robustly meet the statutory requirements around its industry," Friedman writes.
Some airlines say they are handling problems that result from the Transportation Security Administration's name-matching requirement on a case-by-case basis, writes Chris Elliot. Nevertheless, they note that travelers may face a change fee or be forced to buy a new ticket. "It depends on how significant the change is that they're requesting," a Delta Air Lines spokeswoman said.
Real estate investment trusts are generally a good hedge against inflation, John Waggoner writes in a Courier-Post financial column. They may be vulnerable if the economy slows, but they offer solid yields of about 5%.
Matthew Hougan has a long ETF wishlist that includes the AirShares EU Carbon Allowances ETF, NETS Hang Seng China Enterprises ETF and the SPDR Barclays Global TIPS ETF. Hougan says these funds fill obvious holes in the market. He is also dreaming up new products, such as a cheaper commodity fund.
Financial advisers are struggling to convince clients who have recently acquired their wealth of their need for various kinds of insurance, writes Thomas Kostigen for MarketWatch. These newly rich investors need to realize the complexity and vulnerability of their financial situation and obtain insurance to protect themselves.