  | | | | CHICAGO (Reuters) - Phil Lenowitz works in Bethesda, Maryland, but a year ago he moved to Asheville, North Carolina. At age 63, Lenowitz spends three weeks each month in Bethesda, where he is deputy director of human resources at the National Institutes of Health (NIH), and one week in Asheville with his wife Peggy, 62. | | |  | | | | (Reuters) - JPMorgan Chase & Co said on Friday its private equity unit, One Equity Partners, will become independent, as the largest U.S. bank increases its focus on client businesses. | | | | | | ZURICH (Reuters) - Switzerland should be ready to share data on foreign depositors with the European Union even before a global standard is established, a government panel said on Friday, a move which would lift the last vestige of its tradition of banking secrecy. | | | |  | | | | EDINBURGH (Reuters) - Here's one sign the global elite is starting to get worried that capitalism isn't working for the Western middle class. At the TED Global gathering in Scotland's elegant capital city this week, much of the spotlight was on what's going wrong with the 21st-century economy. | | | |  | | | | CHICAGO (Reuters) - Older Americans are being urged to repair their retirements by working longer. But it's difficult to do in a tough economy, and one cause is illegal age discrimination by employers. | | | | | | CHICAGO (Reuters) - Money managers touted the advantages of non-agency mortgage securities and bank loans on Thursday on expectations that housing prices will accelerate and interest rates will rise. | | | | | | (Reuters) - The Securities and Exchange Commission charged Revlon Inc with misleading shareholders about a transaction with its controlling shareholder, billionaire Ronald Perelman, and the cosmetics company agreed to pay a fine of $850,000. | | | |  | | | | That's the judgment of U.S. government bond investors who believe the Federal Reserve is close to paring back its $2.5 trillion, 4-1/2-year bond purchase program, and it's causing turmoil in the U.S. Treasury market. | | | | | LONDON (Reuters) - Private equity firms are sitting on $116 billion of assets trapped in so-called zombie funds that lie dormant but still rake in fees from investors, research showed on Thursday. | | | |  | | | | LONDON (Reuters) - Britons' real net incomes fell to their lowest level in a decade in the year ending in March 2012, annual data from the country's labor ministry showed on Wednesday. | | | | |  |  | | | 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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