Muni Bond Costs Hit Investors in Wallet
Investors who put cash into municipal bonds—a popular strategy for those seeking safe, tax-free bets—are paying about twice as much in trading commissions as they would for corporate bonds, according to a study for the Journal.
Chiquita to Merge With Ireland's Fyffes, Becoming Top Banana
Chiquita of the U.S. and Fyffes of Ireland are merging to create the world's largest banana company, in an all-stock deal valued at about $1.07 billion.
Asian Markets Edge Higher
Asian stocks rose on Tuesday, as markets bounced back from a punishing session on Monday, while Japanese stocks gave up most of their early gains after the Bank of Japan stood pat on monetary policy.