  | | | | NEW YORK (Reuters) - Goldman Sachs Group Inc lost its bid to dismiss a lawsuit accusing it of defrauding investors by selling risky debt linked to subprime mortgages that it planned to bet against. | | | | | NEW YORK (Reuters) - A series of victories by Morgan Keegan & Co is calling into question who can be considered a "customer" in securities arbitration cases. | | | |  | | | | WASHINGTON (Reuters) - Reverse mortgages used to be the last recourse of the little old lady: A way for her to get money for household help and stay in her home until she died. | | | | | | (Reuters) - Patricia Rief-Heskett purchased long-term care insurance 15 years ago because she was worried about the rising cost of nursing home care. Now that the Omaha, Neb., retiree is 67, she worries that coverage won't be available if and when she needs it. | | | |  | | | | WASHINGTON (Reuters) - Home sales fell in February, but upward revisions to the prior month's pace and the first yearly increase in prices in 15 months pointed to steady improvement in the housing market. | | | |  | | | | LONDON, March 21 - Charity is a cold, grey, loveless thing. If a rich man wants to help the poor, he should pay his taxes gladly, not dole out money at whim." Clement Attlee wrote that in 1920. As British prime minister after World War Two, Attlee turned thought into policy. The welfare state that he helped create has decimated private charities for the poor. | | | |  | | | | (Reuters) - General Mills Inc posted a quarterly profit in line with Wall Street expectations and stood by its lowered full-year forecast as it faces higher costs for raw materials. | | | |  | | | | NEW YORK (Reuters) - Dan Magder recently gave up a top job with private equity firm Lone Star Funds to strike out on his own and become a landlord. | | | | | WASHINGTON (Reuters) - The U.S. Internal Revenue Service is staffing up with high-powered talent to crack down on companies shifting profits from country to country to lower their tax bills, a strategy the agency has targeted before with only limited success. | | | | | | (Reuters) - A growing number of U.S. cities are choosing to fund essential services like public safety and garbage collection over making payments on their outstanding debt, as rising costs and falling revenue deplete their budgets. | | | | |  |  | | | 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 | |
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