Reuters Money: Protecting the pricey device your kid takes to school

	Click to View in Browser 09/4/2013 Protecting the pricey device your kid takes to school NEW YORK (Reuters) - In the couple of weeks since the Academy of Our Lady in Marrero, Louisiana, began its school year, three of the 450 students have already broken their school-issued iPads. Pension liability looms over U.S. states' economies: group WASHINGTON (Reuters) - Public pension liabilities in five U.S. states could represent more than 40 percent of their local economies, according to an analysis released on Tuesday by a conservative group that lowered the assumed rate of return for pensions' investments. U.S. banks turn to subprime auto loans as delinquencies fall (Reuters) - U.S. banks are making more of their car loans to subprime borrowers as delinquencies fall and as automobile manufacturers' finance subsidiaries draw the more-reliable customers, according to data released on Tuesday. Nokia handset sale hammers hedge funds LONDON/PARIS (Reuters) - Hedge funds betting that the collapse in Finnish telecom group Nokia's share price would continue got a rude surprise on Tuesday, and their rush to unwind their bets left the stock eyeing a record daily gain. Financial advisers shift strategy to serve older clients TORONTO (Reuters) - Canadian financial adviser Leony deGraaf decided to specialize in elder care after watching her father help seniors in his own practice, and she's never looked back - grateful for the life lessons her clients teach her as she manages their investments. Citigroup to sell private equity fund to Rohatyn Group (Reuters) - Citigroup Inc said it will sell a $4.3 billion private equity fund, known as Citi Venture Capital International, for an undisclosed price to investment firm Rohatyn Group. Fidelity star fund manager Sanjeev Shah steps down LONDON (Reuters) - One of Britain's best known investors, Sanjeev Shah, is leaving his fund management role at Fidelity Worldwide Investment to bolster its team of talent-spotters on the lookout for the fund managers of the future. Flow from equity and bond funds continue: TrimTabs NEW YORK (Reuters) - The recent decline in U.S. equities pushed investors to redeem $16.7 billion in U.S. equity mutual funds and exchange-traded funds (ETFs) in August through Wednesday, data from research provider TrimTabs showed on Sunday. Exclusive: U.S. pension funds press Caesars' private equity owners NEW YORK (Reuters) - Some U.S. public pension funds are pressuring TPG Capital LP and Apollo Global Management LLC to share more of the fees they withdraw from loss-making casino operator Caesars Entertainment Corp, in a rare display of activism against private equity firms. Column: Five things you should know about Social Security (The writer is a Reuters columnist. The opinions expressed are his own.) Related Video Facial recognition brings new look to shopping Daily Digit: 72% choose thin over $ Business News Wall Street opens little changed, eyes on Syria U.S. trade deficit widens in July as imports rebound 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