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Tuesday, October 9, 2012

Reuters Money: GM to add 1,500 information tech jobs in Michigan

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10/9/2012
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
GM to add 1,500 information tech jobs in Michigan
(Reuters) - General Motors Co said on Monday it will create 1,500 jobs at a new software development center in Michigan as part of the U.S. automaker's previously announced plan to shift information technology work back into the company.
Global watchdog presses ahead on money market funds
LONDON (Reuters) - A global supervisory body for securities has published its final recommendations for new rules for the $4.7 trillion money market fund sector despite opposition from its U.S. member.
What to expect when you choose a health plan
NEW YORK (Reuters) - Make way for open enrollment season, the time of year when those wordy benefits packages stuff your inboxes. Once again, workers face higher healthcare costs, but what else can employees expect from insurance plans? Tracy Watts, a partner with benefits giant Mercer, explains what's new for employees in 2013, including the impact of healthcare reform.
How to get the best prices on ETFs
CHICAGO (Reuters) - Exchange-traded index funds are a bit like mobile phones -- models offer an increasing array of features over time, while prices on even the plain-vanilla models keep falling.
Goldman asset unit hires ex-SEC division head
NEW YORK (Reuters) - Goldman Sachs Group's asset management unit on Monday named a former head of the U.S. Security and Exchange Commission's investment management division as its deputy general counsel.
U.S. hedge funds increase leverage in August - report
NEW YORK (Reuters) - U.S. hedge funds and other clients of Wall Street investment firms raised their level of borrowed money in August, a sign they may be more confident in the markets, data published Monday showed.
Gucci owner PPR to get out of books business
PARIS (Reuters) - French group PPR plans to sell its declining Fnac music and book retailer, a source familiar with the matter said, to focus on its more profitable luxury and sports brands such as Gucci and Puma.
Analysis: When implanted medical devices go wrong, who pays?
CHICAGO (Reuters) - Insurance companies, often stuck with the tab for health services when a medical device fails, are ready to share the pain.
Analysis: U.S. index providers brace for price war
NEW YORK (Reuters) - Vanguard Group's move to shift nearly two dozen funds away from benchmarks provided by MSCI Inc may be the first shot in a coming price war among index providers.
Rambling retirees trade homes for boats, RVs, sofas
NEW YORK (Reuters) - At 68, Barbara Miller Elegbede is living proof that flower children need not grow up.
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