Reuters Money: Detroit union victory worth 'refund on deck of Titanic'

	Click to View in Browser 10/7/2013 Detroit union victory worth 'refund on deck of Titanic' (Reuters) - Detroit's largest public sector union scored a symbolic victory Friday when a Michigan administrative law judge said one of the city's pension funds could reinstate an extra annual pension check for city workers and retirees, and make retroactive bonus payments, although the judge in the city's bankruptcy case has prohibited enforcement of the ruling. Splitsville? How to divide property in a divorce (Reuters) - When Rick Buchler and his wife split up two years ago, they decided she would remain in their house near Stockton, California, and he would leave. Apollo considers raising investment limit on flagship fund: report (Reuters) - Private equity firm Apollo Global Management LLC is considering seeking approval to raise the limit on its new flagship fund following investor interest, Bloomberg reported, citing two people with knowledge of the matter. Stocks to see more volatility from shutdown NEW YORK (Reuters) - U.S. stocks are likely to face another week of rising turbulence as efforts to settle the budget dispute in Washington drag on, leaving investors worried about the more critical issue of raising the U.S. debt ceiling. U.S. hedge funds investing heavily in Greek banks: FT (Reuters) - Hedge fund billionaire John Paulson's Paulson & Co and a number of other U.S. hedge funds are investing aggressively into Greece's struggling banking sector expecting it to turn a corner, the Financial Times reported on Sunday. Analysis: Washington gridlock may disrupt vital money markets NEW YORK (Reuters) - The fight over raising the U.S. debt ceiling is starting to rattle the money markets and could eventually disrupt the flow of cash needed for banks to lend and companies to invest. Linkedin's profile may include higher earnings Oct 4 - With the announcement of the Twitter IPO, social media companies are in the spotlight again. Twitter revealed its financials in a lot more than 140 characters and it did not paint a pretty picture: increasing costs and no profits yet. We take a look at another social media darling, LinkedIn Corp., and find a different earnings story. Shutdown slows U.S. bilateral talks to fight offshore tax dodgers WASHINGTON (Reuters) - The federal government shutdown has interrupted U.S. efforts to negotiate agreements with other countries on implementing an anti-tax evasion law that is to take effect next year, tax lawyers said on Friday. Stock funds worldwide have second week of outflows: BofA NEW YORK (Reuters) - Investors in funds worldwide pulled $1.3 billion from stock funds in the latest week, as the U.S. government partially shut down because of a budget impasse and more concerns arose about the debt ceiling, data from a Bank of America Merrill Lynch Global Research report showed Friday. Analysis: U.S. default seems unthinkable but investors have options NEW YORK (Reuters) - Investors who behave conventionally are likely to get burned if the political standoff over the federal budget and the debt ceiling ends up forcing the United States to default. Related Video The worst "best" financial advice Facial recognition brings new look to shopping Business News Wall St. falls on Washington deadlock Airbus clinches landmark order for 31 jets with Japan Airlines The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend