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29Jun/120

A collector’s Vegas paradise

There is only one place in the world where you can find an Apollo space capsule, dinosaur skeleton, Liberace's staircase, the Batmobile and a Venetian gondola. At this unconventional home just a few miles away from the flashy Las Vegas Strip, visitors get to see these, as well as many, many other rare and exotic items.

CNNMoney.com

29Jun/120

Exclusive: Microsoft tie-up, network sale among RIM options: sources

NEW YORK - Research In Motion Ltd's board is under mounting pressure to consider unpalatable options such as selling its network business or forming an alliance with Microsoft Corp after the Blackberry maker again delayed the release of its next-generation smartphones, said three sources familiar with the situation.

reuters.com

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27Jun/120

Barclays pays $453 million fine to settle Libor probe

WASHINGTON/LONDON - British bank Barclays will pay $453 million to U.S. and British authorities to settle allegations that it manipulated key interbank lending rates known as Libor, ramping up pressure on other banks to cooperate in a probe that could cost the banking industry billions of dollars.

reuters.com

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27Jun/120

Wall Street edges up on durable goods data

NEW YORK - Wall Street edged up on Wednesday after demand for long-lasting U.S. manufactured goods rebounded more than expected in May, but market sentiment remained cautious ahead of a meeting of European leaders that investors expect would do little to solve the region's debt crisis.

reuters.com

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27Jun/120

Analysis: Is the euro beyond salvation? Politics not economics to decide

LONDON - Here's a nightmare for Europe's leaders to ponder as they prepare for yet another summit to tackle the euro zone crisis: a bond auction fails in Spain, spreading solvency worries to Italy and beyond and triggering uncontrollable bank runs that spell the single currency's end.

reuters.com

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27Jun/120

Strategist sees ‘ho-hum’ returns for next 7 years

Jeremy Grantham has attracted a cultlike following to his quarterly investment letters. For good reason: The chief investment strategist at Boston asset manager GMO warned of dismal returns ahead for U.S. stocks in the 2000s and predicted the bursting of both the technology and housing bubbles.

CNNMoney.com

27Jun/120

Trick yourself into getting richer

The mind is a powerful tool, especially when it comes to spending and saving. Whether it's by going over your finances in a different language or putting on a smile at work, tricking yourself into thinking differently about your finances can make a huge difference.

CNNMoney.com

26Jun/120

Analysis: Teamwork, controls yield rare comeback for MFS

BOSTON - For the rare comeback story among money managers, look to MFS Investment Management, one of the oldest names in the mutual fund business but also one of the most battered after the Internet bubble popped in 2000. Getting caught up in the industry's trading scandals just as stocks recovered only made matters worse.

reuters.com

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26Jun/120

IRS collects $5 billion from offshore tax cheats

The IRS has raked in more than $5 billion from offshore tax cheats since 2009 through its voluntary disclosure programs. Designed to lure in tax evaders with reduced penalties and the promise of avoiding jail time, the programs require offenders to offer up information about their offshore bank accounts and to pay back taxes and certain penalties. The agency launched its first offshore disclosure program in 2009 and its second in 2011. This January, the agency introduced its third program.

CNNMoney.com

26Jun/120

Merkel buries euro bonds as summit tension rises

BERLIN/PARIS - German Chancellor Angela Merkel sought to bury once and for all the idea of common euro zone bonds on Tuesday, saying Europe would not share total debt liability "as long as I live", as the bloc's big four finance ministers met to narrow differences on how to solve a worsening debt crisis.

reuters.com

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