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Tuesday, April 22, 2014

Reuters Money: U.S. labor force dropouts want back in: Saft

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04/22/2014
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
U.S. labor force dropouts want back in: Saft
(Reuters) - An army of U.S. labor force dropouts stands ready to get back in the game when conditions improve, implying wages, prices and interest rates will stay lower for longer.
Conservative Koch-backed group uses soft touch in recruiting U.S. Hispanics
ORLANDO, Florida (Reuters) - The conservative advocacy groups backed by the billionaire brothers Charles and David Koch are known mostly for spending millions of dollars to pelt Democratic candidates with negative television ads.
Exclusive: Fidelity's Danoff looks beyond tech stocks as performance lags
BOSTON (Reuters) - Will Danoff, who runs Fidelity Investments' behemoth Contrafund, is frustrated by his lagging performance this year and is pruning his exposure to cloud software stocks that got clobbered recently in a swift and hard-hitting downturn.
Ackman, Valeant team up to bid for Allergan
BOSTON/NEW YORK (Reuters) - Activist investor William Ackman teamed up with Canadian drugmaker Valeant Pharmaceuticals International Inc to make a joint run at buying wrinkle-treatment maker Allergan Inc, according to security filings on Monday.
Pimco Global Multi-Asset, Foreign Bond funds hit with sharp outflows
(Reuters) - The Pimco Global Multi-Asset (PGAIX), Pimco Foreign Bond (PFUIX) and Pimco Investment Grade Corporate Bond (PIGIX) funds are suffering the heaviest net outflows over the trailing one-year period through March 31 among U.S.-domiciled Pimco funds rated by Morningstar Inc., data showed on Monday.
Climate is right for clean energy firms
CHICAGO (Reuters) - If you're ecology minded, the news hasn't been all that green of late, with ice caps and glaciers melting and storms becoming more destructive. But there is a huge silver lining for long-term investors in environmentally-friendly companies and technologies.
Students struggle when loan co-signers die, go bankrupt: watchdog
WASHINGTON (Reuters) - The U.S. consumer financial watchdog warned on Tuesday that some student loan borrowers could be thrown into default if relatives who co-signed their loans die or declare bankruptcy.
Resist the urge to go overboard on college test prep
LOS ANGELES (Reuters) - Parents of high school students have to face the facts: Their child is not going to have the choices facing Kwasi Enin, the New York teenager accepted to all eight Ivy League colleges. Most students don't have a chance at getting into any of the nation's top schools.
Most businesses plan increase in capital investment: survey
WASHINGTON (Reuters) - Economists at a broad swath of U.S. businesses expect their firms will ramp up capital investments over the next year, a positive sign for the long-term economic growth outlook.
Former Soros team to start $150 million Hong Kong-based hedge fund
HONG KONG (Reuters) - A former Soros Fund Management team will start a Hong Kong-based hedge fund in the third quarter of 2014 with at least $150 million in initial capital including seed capital from HS Group, making it one of the biggest start-ups in the region this year.
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