Woods heads potent field for next week's Memorial

Woods reacts after being presented with The Players Championship trophy in Ponte Vedra Beach(Reuters) – Next week's Memorial tournament at Muirfield Village in Dublin, Ohio will feature one of the season's strongest fields with the world's top six players all taking part in the PGA Tour event hosted by Jack Nicklaus. Top-ranked Tiger Woods will be back to defend the title he claimed by two shots last year while Rory McIlroy (second), Adam Scott (third), 2010 champion Justin Rose (fourth), Brandt Snedeker (fifth) and Luke Donald (sixth) will also be competing. Apart from five-times winner Woods and Rose, seven other former champions will be returning – K.J. …

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Ex-Virginia bank executives guilty in financial crisis case

(Reuters) – The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank’s 2011 collapse. Edward Woodard, the former chief executive of Bank of the Commonwealth, was along with two other executives a federal jury in Norfolk found guilty following a multi-week trial, the U.S. Justice Department said. The verdict came in one of several cases pursued by federal prosecutors steeing from the U.S. …

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Exclusive: 'Workplace wellness' fails bottom line, waistlines – RAND

By Sharon Begley NEW YORK (Reuters) – A long-awaited report on workplace wellness programs, which has still not been publicly released, delivers a blow to the increasingly popular efforts, Reuters has learned, casting doubt on a pillar of the Affordable Care Act and a favorite of the business community. According to a report by researchers at the RAND Corp, programs that try to get employees to become healthier and reduce medical costs have only a modest effect. …

Read more here: Exclusive: 'Workplace wellness' fails bottom line, waistlines – RAND