Reuters Money: Amid student loan tussles, more seek "forgiveness"

Click to View in Browser 05/9/2012 Amid student loan tussles, more seek "forgiveness" WASHINGTON (Reuters) - Elbot Carman, a 25-year-old aspiring graphic designer, made so little money after earning his master's degree last year that the U.S. government now says he can hold off making payments on his school loans. Feature: European start-ups court crowds for cash PARIS (Reuters) - When Vincent and Heloise opened a mash eatery in Strasbourg, they had a feeling their unusual concept could thrive elsewhere in France. But one thing was painfully missing: cash. Catch the moving target of airfare pricing (Reuters) - When you're shopping for an airline ticket, it can seem like you are aiming at a moving target. You see an ad for prices that start at a certain fare, but you can't seem to get your ticket to go that low. It's not your imagination: The target is moving. Analysis: With Green Mountain, one analyst had it right NEW YORK (Reuters) - Long before David Einhorn raised red flags about Green Mountain, a little-known analyst from a St. Louis-based brokerage firm had already flashed warnings. Uncle Sam gives workplace Roths a big push CHICAGO (Reuters) - Roth workplace accounts, which have grown more popular in recent years, are about to get a shot in the arm from Uncle Sam. This week the federal government started rolling out a Roth option to 3.3 million employees who participate in its main retirement program. Bankruptcy may be best option for Ally's mortgage unit May 8 (IFR) - If the mortgage unit of loan giant Ally Financial files for bankruptcy this weekend as expected, there will be one immediate reason -- the company could default on $1bn of debt on Monday. Prices soar, records tumble at Christie's post-war auction NEW YORK (Reuters) - A Mark Rothko 1961 oil painting set a new auction record for post-war art on Tuesday, soaring to $87 million, while works by Gerhard Richter, Jackson Pollock, Yves Klein and Alexander Calder smashed artists' records at Christie's blockbuster sale that achieved the highest-ever total for post-war art. Hedge funds may be allowed direct access to China markets SHANGHAI/HONG KONG (Reuters) - A proposed plan by China's regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia's biggest capital markets to the $2 trillion industry. Analysis: Public pension fixes face stout legal challenges SAN FRANCISCO/WASHINGTON (Reuters) - Public employees in San Jose, California's third-largest city, are gearing up for a marathon court battle if local voters approve a measure in June to overhaul the city's pension system. Green Mountain plunges as single-serve coffee growth slows (Reuters) - Shares of Green Mountain Coffee Roasters Inc plunged more than 40 percent after the single-serve coffee company slashed its full-year sales outlook and warned that its scorching growth was beginning to cool off. Related Video Grads turn to video to land first job Facebook "likes" small investors Business News Wall Street slides 1 percent at open Exclusive: Chesapeake CEO arranged new $450 million loan from financier 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