Finance Info Blog Mortgage and Financial information

30Nov/110

What to do with your 401(k) once you retire

The investment company that manages my 401(k) funds recommends I roll my money into mutual funds managed by a subsidiary of theirs when I retire next year. But I'm wondering whether I would be better off moving my assets to the funds of a different firm. What are your thoughts? -- J. Thomas

CNNMoney.com

29Nov/110

Fed’s Yellen sees scope for further easing

SAN FRANCISCO - Janet Yellen, the Federal Reserve's influential vice chair, said on Tuesday the U.S. central bank has room to ease monetary policy further, possibly by providing more information on the path of interest rates.

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reuters.com

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29Nov/110

Medicare in America: ‘It has to get better’

As administrator of Medicare and Medicaid, Donald Berwick has been in charge of paying for the health care of nearly one in three Americans. He has also had an important role in implementing last year's health reform law, which uses the Medicare system as a big lever to change how doctors and hospitals do business, in hopes of containing costs.

CNNMoney.com

29Nov/110

Insight: Euro zone contingency planning accelerates with crisis

LONDON/BOSTON - When Novo Nordisk's chief financial officer met marketing colleagues last Friday the conversation moved far beyond the usual discussion of sales and performance. Jesper Brandgaard asked a simple, far-reaching question: how would the firm set prices for two pivotal new insulin products if the euro collapsed?

reuters.com

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29Nov/110

Olympus to set up internal teams on governance, operational

TOKYO - Olympus Corp will set up internal teams to examine possible governance reforms and changes to its operational structure as it moves to recover from an accounting scandal, according to an internal memo to employees from President Shuichi Takayama obtained by Reuters on Tuesday.

reuters.com

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28Nov/110

Want cheaper tuition? Find religion

With church membership dwindling and more families struggling to afford the cost of college, many private religiously-affiliated colleges and universities are slashing tuition and offering incentives to attract new students -- and to stay afloat.

CNNMoney.com

28Nov/110

BOJ Shirakawa warns Japan economic outlook severe

NAGOYA, Japan - Bank of Japan Governor Masaaki Shirakawa on Monday warned the country's economy will remain in a severe state for now as Europe's sovereign debt crisis and yen rises cloud the outlook, signaling the central bank's readiness to boost monetary stimulus further if risks to the recovery heighten.

reuters.com

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24Nov/110

German bonds fall; stocks, euro vulnerable

LONDON - German government bond yields hit their highest in nearly a month and world stocks held near 7-week lows Thursday, a day after a weak debt sale in Berlin fanned fears the euro zone debt crisis is starting to threaten its biggest > falling 115 ticks on the day to 134.66, the lowest since October 31.

reuters.com

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23Nov/110

Retailers’ Black Friday wish list: More mobile commerce

Scott Thompson, president and CEO of eBay's PayPal unit, says that he is one of those people who drives to Starbucks, sees the long line, and keeps on driving. "I'm on the go. I wish I could have stopped, but I don't have time," Thompson quips over a glass of wine. "No one does."

CNNMoney.com

23Nov/110

Rejected: Foreign MBA applicants face major hurdles

International applicants account for a large portion of applicants at many U.S. business schools, but they also receive the lion's share of rejections. Applicants from India and China lead the pack of the rejected.

CNNMoney.com