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Monday, March 11, 2013

Reuters Money: When tip jars go high-tech, do U.S. workers benefit?

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03/11/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
When tip jars go high-tech, do U.S. workers benefit?
NEW YORK (Reuters) - Latte buyers in select New York City venues may have noticed an addition to coffee shop counters lately: DipJar, a tip jar that takes plastic.
Book now, before your hotel rewards disappear
(Reuters) - If you've been hoarding hotel rewards points for your next vacation, you could be in for a jolt when you try to book your free room. Most of the major hotel chains have either devalued their points already or will soon.
Arrested "rogue financier" led colorful life
BERLIN (Reuters) - The Uffizi Gallery in Florence provided a fittingly lavish backdrop for the arrest on fraud charges of Florian Homm, a flamboyant German financier who has spent more than five years in hiding.
Bank compensation up in 2012 despite cutback efforts
LONDON (Reuters) - Compensation at the world's biggest banks rose last year, with 35 of them spending a combined 10 billion euros ($13.1 billion) more on staff than in 2011, figures compiled by Reuters show.
For Nordic bosses, joys of home trump top dollar pay
STOCKHOLM/OSLO (Reuters) - Executive excess need not be etched in stone. Just look at the Nordic region, where an egalitarian tradition and a high quality of life leave top managers content with lower paychecks.
How you are paying for "too-big-to-jail"
(The writer is a Reuters columnist. The opinions expressed are his own.)
Fugitive hedge fund manager arrested in Italy
(Reuters) - German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.
If you have the stomach for a cruise, it's a discount carnival
(The author is a Reuters contributor. The opinions expressed are his own.)
Barclays' Americas wealth management head steps down
NEW YORK (Reuters) - Mitch Cox, a former Merrill Lynch executive who Barclays Plc hired in 2009 to revive its Americas wealth business, has left the British bank, not long after a report shed light on the over-aggressive management culture he had fostered at the New York-based division.
What if they held a bull market and no one came?: James Saft
(Reuters) - The remarkable thing about the Dow Jones Industrial Average's new all-time record is how few people give a damn.
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