Reuters - Congress just tightened up the tax
breaks on kids' savings accounts, but it's hardly "game over"
for parents who know how to manage their family money.
AARP returns to the mutual fund business
(Reuters) Reuters - For the second time in its history,
the AARP is entering the mutual fund business with three new
streamlined mutual funds. The question for investors is whether
they want the advocacy group (technically, its subsidiary) to
manage their money.
Reuters - India, already the world's fastest
growing wireless services market, is set to become a handset
manufacturing and export hub as giants such as Nokia and LG
churn out millions of phones to tap voracious demand.
Arcelor, Severstal may purchase more steel assets
(Reuters) Reuters - Arcelor and Severstal
will consider more acquisitions after uniting to
become the supplier of one-fifth of the steel used in the auto
industry worldwide, senior company executives said on Saturday.