Reuters Money: Aging Microsoft lures young tech idealists

Click to View in Browser 06/12/2012 Aging Microsoft lures young tech idealists SEATTLE (Reuters) - The young interns, some of the nation's best and brightest in technology, business and design, had plenty of enthusiastic words to describe their summer employer. Krawcheck: Regulators miss point on JPMorgan loss NEW YORK (Reuters) - Veteran banker Sallie Krawcheck believes regulators and pundits are missing the point when they debate JPMorgan Chase & Co's recent trading loss. China's high oil imports are all about Iran: Clyde Russell LAUNCESTON, Australia (Reuters) - The gain in China's crude oil imports in May to a record high is a reflection of increased stockpiling rather than a sign of rising demand and economic strength. Same thing, same results in Spain: James Saft (Reuters) - It is shaping up to be a vintage year for doing the same thing over and over again but expecting different results. Managed Money traders set to switch view on corn: Maguire CHICAGO (Reuters) - Managed money traders have whittled their net exposure to the corn market back to its lowest level in close to two years lately as a near-record-large corn planted area total weighed on market sentiment as the 2012 growing season got under way. Souring economic confidence stemming from economic and political disarray in Europe also sparked a broad shedding of risk by large speculators in recent weeks. Do Asian central banks hold enough gold? LONDON (Reuters) - The Bank for International Settlements (BIS) noted in its June 2012 Quarterly Review that "central bank balance sheets in emerging Asia expanded rapidly over the past decade because of the unprecedented rise in foreign reserve assets". Sovereign reserve managers may give euro a miss LONDON (Reuters) - Once bitten, twice shy Asian central bank reserve managers could steer clear of adding even more euros to reserves as the euro zone crisis lumbers on. Weak house prices drag family wealth: Fed WASHINGTON (Reuters) - Americans suffered a record decline in wealth between 2007 and 2010 as home values tumbled, according to a Federal Reserve report on Monday that underscored the severity of the recent recession. Dads worth less than moms around house: study (Reuters) - Fathers of America, you may consider yourselves indispensable, but a new survey says you're only worth about one-third as much as mom around the house. New York City files derivative suit versus Wal-Mart (Reuters) - New York City's pension funds on Monday became the latest group to file a derivative lawsuit against Wal-Mart Stores Inc based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials. Related Video U.S. home prices head higher for second month in a row American shopper happiest in four years Business News Wall Street edges up as Spain, Greece in focus Apple map service finds fans on Wall Street 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