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31Jan/120

Don’t outlive your savings: How annuities can help

Given advances in medicine, I'm worried my wife and I might outlive our retirement savings. I've started reading about annuities, but I'm confused about the difference between immediate annuities and another type I've heard referred to as a deferred income annuities. Can you explain the difference? -- Daniel R.

CNNMoney.com

30Jan/120

Managing the family finances: ‘Spying was easier’

We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, the DiSilverios' story -- and the recommended financial fixes.

CNNMoney.com

28Jan/120

Exxon to sell part of Tonen stake for about $3.9 bln: sources

TOKYO - Exxon Mobil plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said.

reuters.com

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27Jan/120

Retirement saving: Don’t shortchange the later years

Many people think they can plan on spending less later in retirement since they'll become less active as they age. But if their health declines, they may actually shift spending rather than reduce it. Do you think it's risky to plan as if one's expenses will go down later in retirement? --Tim, U.K.

CNNMoney.com

27Jan/120

Reuters Magazine: Felix Salmon: The devil in the CDS

- The world of international finance is largely incomprehensible, even to its practitioners. Consequently, a whole industry, of which I am personally part, has sprung up to "explain finance" to the public. This makes the public think that understanding finance is something that is possible.

reuters.com

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27Jan/120

Recovering from a too risky portfolio

We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, the Mitchells' story -- and the recommended financial fixes.

CNNMoney.com

27Jan/120

Charges weigh on Procter & Gamble profit

- Procter & Gamble Co's quarterly profit plunged 49 percent, as the world's largest household products maker wrote down the value of its appliance and salon professional products businesses, and it said this year's profit would come in lower than previously expected due to the strong dollar.

reuters.com

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27Jan/120

Samsung posts record results powered by smartphones

SEOUL - Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit on Friday, aided by its best-ever sales of smartphones, and hiked 2012 capital investment 9 percent to 25 trillion won ($22 billion) to boost chips and flat-screen production.

reuters.com

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26Jan/120

Insight: How Allen Stanford kept the SEC at bay

- In 2009, federal investigators finally arrested Houston financier R. Allen Stanford. For twenty years, Stanford allegedly had run a $7 billion Ponzi scheme from his offshore bank on the Caribbean island of Antigua. U.S. authorities had been nosing around Stanford's empire for longer than a decade but hesitated to open a full-blown probe.

reuters.com

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26Jan/120

A digital pat on the back from the boss: What’s it worth?

FORTUNE? Call it the itch. Many employees catch it, that desire to find the next great job, discover what new opportunities are out there, search for a more sympathetic manager, and perhaps a raise. But the employees who actually take the plunge are often the top 10% of performers -- the engineers who create products, the marketers who sell them, the creative ones who develop new revenue streams. And you certainly don't want to lose them. A December 2011 survey of 3,000 workers conducted by the employment agency Randstad revealed that 47% of employees plan to test the job market in 2012. Complacent employees often sit tight while the ambitious go-getters primed to move up consider new options. But some companies are taking steps to retain their talent and discover why their most valuable staffers might want to depart before it comes time for an exit interview. Nearly half of the employees surveyed by Randstand expect the job market to brighten in 2012, increasing their chances of finding new opportunities. The fact that many employees plan to seek greener pastures reveals a change in attitude over the last few years, says Peter Cappelli, director of the Wharton Center for Human Resources.

CNNMoney.com