Reuters Money: Success in life doesn't depend on college choice

	Click to View in Browser 05/12/2014 Success in life doesn't depend on college choice LOS ANGELES (Reuters) - The first large-scale study of college graduates' success in life using measures other than salary reached some potentially revolutionary conclusions. A Mother's Day missive for women who are breadwinners NEW YORK (Reuters) - Some women will be eating bacon at Mother's Day brunches this Sunday. Others may be celebrating the fact that they are bringing it home. Few funds ready to follow Stanford's lead on fossil fuel stocks (Reuters) - Few if any of the big U.S. pension or college endowment funds appear ready to follow in Stanford University's footsteps and pull their money out of shares of coal miners or other fossil fuel producers. Swiss business fears world's highest minimum wage ZURICH (Reuters) - Swiss business leaders shocked by past popular votes to cap executive pay and curb immigration are wary of a May 18 referendum that could see Switzerland adopt the world's highest minimum wage of nearly $25 an hour. When investment advisers outsource CHICAGO (Reuters) - A growing number of certified financial planners are outsourcing administrative tasks and investment management under a strategy they say gives them more time to spend with clients and access to resources resembling what large institutional companies offer. Boom times for bank trading have gone, and may never come back LONDON (Reuters) - The boom years of financial market trading, when banks made unprecedented profits from bonds, currencies and commodities, may be over for good as financial firms realize there will be no cyclical upswing on their dealing desks. Pimco Total Return cuts mortgages securities to near 4-year low (Reuters) - The Pimco Total Return Fund, the world's largest bond fund, cut its holdings of U.S. mortgage securities for a third straight month in April to its lowest level since July 2010 on continued bets that the Federal Reserve will conclude bond purchases this year, data from the firm's website showed on Friday. Icahn 2.0: billionaire's son to launch his own hedge fund Billionaire investor Carl Icahn's son, Brett, intends to launch a new hedge fund that will focus on selecting stocks and employing the kind of activist strategies that turned the senior Icahn into one the world's most successful money managers, according to two sources familiar with the plan. Air getting thinner as yield hunt reaches new terrain LONDON (Reuters) - Investors may be stretching too far for higher returns in what some are terming a worldwide "Yield Grab-athon", closing their eyes to the risk of heavy potential losses when interest rates eventually drift higher. Exclusive: U.S. agency FinCEN rejected veterans in bid to hire lawyers ST LOUIS/NEW YORK (Reuters) - A U.S. Treasury Department division charged with policing money laundering may have run afoul of federal regulations that require military veterans to be given preference for jobs in the government if they are qualified, according to sources and documents seen by Reuters. Related Video Apple Beats combo? The cost of cool Dow hits record close, momentum rebounds Business News Wall Street edges up, pushing S&P 500 near record Pfizer defends 'powerhouse' Astra deal as CEO braces for grilling 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