Reuters Money: With Dow breaking 14,000, what should you do?

	Click to View in Browser 02/5/2013 With Dow breaking 14,000, what should you do? CHICAGO (Reuters) - Whenever the stock market breaches an old high - like when the Dow closed over 14,000 on Friday, the best mark since October, 2007 - it is time to look inward, not outward. Europe's convertible boom feeds on investor unease LONDON (Reuters) - Rising European stock markets tempted companies to issue record numbers of convertible bonds in January, as investors worried about how long the rally will last sought to reduce their level of risk. New York State gets further $185.5 million for health exchange NEW YORK (Reuters) - New York State will get another $185.5 million in federal grants as it moves toward establishing a health insurance exchange as mandated under President Obama's healthcare reforms, Governor Andrew Cuomo said in a statement on Monday. Exclusive: Foreigners' accounts in U.S. banks eyed in tax crackdown WASHINGTON (Reuters) - The Obama administration may soon ask Congress for the power to require more disclosure by U.S. banks of information about foreign clients' accounts to those clients' home governments, as part of a crackdown on tax evasion, sources said on Monday. Analysis: Commodity hedge funds find money more scarce, pedigree pays NEW YORK (Reuters) - Pierre Andurand, who managed $2 billion at his BlueGold oil hedge fund before it folded last year under heavy losses, is headlining a host of one-time commodity stars looking to make a comeback in a less merciful market. Merrill Lynch Wealth's investment chief Shalett leaves NEW YORK (Reuters) - Lisa Shalett, the chief investment officer for Merrill Lynch's retail brokerage force, left the company on Monday, the company said. Knight Capital Group to cut workforce by 5 percent (Reuters) - Knight Capital Group, which recently agreed to be bought for $1.4 billion by Getco Holding Co, will lay off 5 percent of its global workforce as part of efforts to restructure the automated trading firm, according to a regulatory filing released on Monday. Wells brokerage unit expanding to attract new breed of adviser NEW YORK (Reuters) - Recognizing the growing allure of independence to brokers who manage money for wealthy individual investors, Wells Fargo Advisors Financial Network is setting up a new business to attract "hybrid" advisers. Bridgewater to launch new hedge fund: WSJ (Reuters) - The world's largest hedge fund, Bridgewater Associates, told investors it will launch a new hedge fund this year, and that it had sold a minor equity stake in the firm to an unidentified buyer, the Wall Street Journal reported on Monday. California court finds for Apple in credit card suit SAN FRANCISCO (Reuters) - Apple Inc and other online retailers did not break California law by requiring consumers to provide their address and phone numbers as a condition of accepting credit card payments, the state's high court ruled on Monday. Related Video Dow 14k: Ceiling or floor? Harbaugh v. Harbaugh: How to navigate sibling rivalries Business News Stock futures point to higher open, ADM up early Dell to go private in $24.4 billion deal 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