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Friday, December 20, 2013

Reuters Money: Grand travel in retirement doesn't come cheap

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12/20/2013
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
Grand travel in retirement doesn't come cheap
NEW YORK (Reuters) - When it comes to dreaming about retirement, travel is often at the top of the agenda. And by this, people don't just mean a trip or two over what could be a span of 30 or more years.
Private bank Union Bancaire Privee says joins U.S. tax deal
ZURICH (Reuters) - Union Bancaire Privee (UBP) on Friday became the latest Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
Tap your home equity line of credit before rates spike
NEW YORK (Reuters) - If you are one of the millions of Americans who took out a home equity line of credit (HELOC) in the midst of the housing bubble, there is a good chance you need to start paying it back soon -- and at a higher interest rate.
Buoyant stockmarkets lift year's share offerings by 24 percent to $774 billion
LONDON/NEW YORK/HONG KONG (Reuters) - This year has been the biggest for equity fundraising globally since 2010, thanks to improving confidence among companies on the back of the strong investor demand for stocks, according to Thomson Reuters data published on Friday.
Nordic Capital raises $4.8 billion for eighth buyout fund
LONDON (Reuters) - Private equity firm Nordic Capital has raised 3.5 billion euros ($4.8 billion) for its latest buyout fund, it said on Friday, as reduced volatility in Europe encourages investment in the region again.
The 'smart beta' oxymoron
(Reuters) - As is so often true in investments, in the case of "smart beta" it turns out that if it sounds like an oxymoron, it probably is.
How to handle Target's data breach
(Reuters) - If you think yours was one of the 40 million credit or debit cards involved in a data breach at Target, security experts recommend a policy of watching and waiting: Watch the account you used at the retailer on a daily basis, and wait, because there's no telling when it will be tapped by thieves.
Analysis: Activists push for voting secrecy to rein in U.S. executive power
BOSTON (Reuters) - Top executives and directors at some major U.S. companies may have less sway over votes on chief executive officer compensation and other shareholder matters if a campaign by a number of investor activists succeeds.
Chinese buyers develop a taste for U.S. commercial property
BEIJING (Reuters) - Chinese investors, the second-biggest overseas buyers of U.S. residential real estate, are building up portfolios of U.S. commercial property as they look for new avenues of diversification.
An 80-year-old Peace Corps volunteer? No sweat
CHICAGO (Reuters) - Vivian Davis walks five or six miles every day in her work as a an AIDS/HIV outreach worker for the Peace Corps in rural South Africa. "I just get around town visiting with people, or go to the Internet cafe," she says. "It keeps me healthy."
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