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Friday, January 24, 2014

Reuters Money: The cost of being an Apple fan can add up

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01/24/2014
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
The cost of being an Apple fan can add up
NEW YORK (Reuters) - Apple Inc's Macintosh computer, which celebrates its 30th anniversary on Friday, has attracted many fans who have gone on to buy lots of other devices from the company.
Hospitalized but 'under observation'? Seniors, beware
CHICAGO (Reuters) - A growing number of seniors who think they've been hospitalized are finding that they really weren't.
U.S.-based stock mutual funds attract $4 billion - Lipper
NEW YORK (Reuters) - Investors in funds based in the United States poured $4 billion into stock mutual funds in the week ended January 22 on optimism that stocks would rally further, data from Thomson Reuters' Lipper service showed on Thursday.
Accelerating outflows push down Janus shares
(Reuters) - The highest outflows in nearly a decade caught up with Janus Capital Group Inc on Thursday and drove down shares in the asset manager by 7 percent.
IMF warns more work is needed to tackle big bank risk
WASHINGTON (Reuters) - Big banks still pose a threat to the world financial system because there is a general assumption that governments will come to their rescue in case of trouble, an International Monetary Fund executive said on Thursday.
Three money experts reveal their investing secrets
NEW YORK (Reuters) - Rebalancing investment accounts isn't exactly at the top of most people's to-do lists, which is why several new online services offer to do it for you.
What Target knows about you
(Reuters) - Among the millions of consumers who received recent emails from Target Corp apologizing that their personal data might have been accessed by cyber thieves are those who wonder exactly how they got on the list in the first place.
UK pension fund charge cap to be delayed: government minister
LONDON (Reuters) - A planned cap on the fees charged by pension fund providers to Britain's savers will be delayed by a year until April 2015 after industry lobbying that it could hinder attempts to help thousands more save for retirement.
Judge rules Goldman must face class-action lawsuit by investors
NEW YORK (Reuters) - Goldman Sachs Group Inc must face a class-action lawsuit accusing it of defrauding investors to whom it sold $2 billion of risky debt linked to subprime mortgages that it was betting against before the 2008 financial crisis, a federal judge ruled on Thursday.
Fidelity asset head O'Hanley to step down after cautious reign
BOSTON (Reuters) - Fidelity Investments' asset management head, Ron O'Hanley, will leave the company at the end of February, executives said on Wednesday, after a cautious stint running a key unit of the family-controlled business coming out of the financial crisis.
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