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Friday, February 28, 2014

Reuters Money: What to watch for as airlines' frequent-flier programs shift

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02/28/2014
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
What to watch for as airlines' frequent-flier programs shift
BOSTON (Reuters) - The airline miles game is changing, and the winner is the heavy-duty business road warrior.
As prices for summer camp soar, so do adventurous options
BOSTON (Reuters) - Ah, summer. While warmer weather may still feel far off for most Americans, for parents, late February and early March has become the official start to the race to find ways to keep their kids educated and entertained once school lets out for vacation.
Your Medicare card: Go ahead, leave home without it
CHICAGO (Reuters) - What's in seniors' wallets? Most likely, a Medicare card that leaves them vulnerable to scams and fraud.
U.S.-based stock funds attract $7 billion in latest week: Lipper
NEW YORK (Reuters) - Investors in U.S.-based funds poured $7 billion into stock funds in the week ended Wednesday, showing a steady appetite for risk on a rebound in stock market performance, data from Thomson Reuters' Lipper service showed on Thursday.
Stock funds worldwide attract $8.2 billion inflow: BofA
NEW YORK (Reuters) - Fund investors worldwide poured $8.2 billion of new cash into stock funds in the week ended February 26, marking the third straight week of inflows into the funds, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
Carlyle's founders get $92.9 million each in 2013
(Reuters) - The founders of private equity firm Carlyle Group LP each received $92.9 million in dividends and salaries in 2013, a regulatory filing showed, up from $57.6 million in 2012.
Raymond James hires two financial advisers from Merrill Lynch
(Reuters) - Raymond James Financial Inc's wealth management unit said on Thursday it hired two veteran advisers from Merrill Lynch.
Hedge fund manager Loeb launches proxy battle at Sotheby's
(Reuters) - Billionaire hedge fund manager Daniel Loeb is mounting a proxy fight at Sotheby's with the goal of winning three board seats after the auction house's promise to return $450 million to shareholders failed to appease activist investors.
U.S. consumer watchdog calls for credit scores on card statements
WASHINGTON (Reuters) - The top U.S. consumer watchdog said on Thursday he has called and written the heads of big credit card companies to press them to offer free credit scores to customers.
BlackRock names former NYSE Euronext executive as treasurer
NEW YORK (Reuters) - BlackRock Inc, the world's largest money manager, has named former NYSE Euronext executive Philippe Matsumoto as treasurer and head of corporate insurance, the New York-based company said on Thursday.
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