Ore. sues over big losses to college savings accounts - Katu.com
SALEM, Ore. (AP) State officials are seeking $36.2 million in damages from OppenheimerFunds Inc., which managed a fund responsible for steep losses in the Oregon College Savings Plan. They said in a statement Monday that risky, "hedge-fund like
Source: www.katu.com

Express Scripts to buy NextRx for $4.68B - News-Star
INDIANAPOLIS Express Scripts Inc. stands to gain considerable negotiating clout from its $4.68 billion deal to buy the pharmacy benefits management businesses of health insurer WellPoint Inc., and experts say that could mean savings for customers
Source: www.thenewsstar.com

Half of retired rely on savings - Enfield and Haringey Independant
More than half of retired people are reliant on their savings to contribute up to 20% of their income, a survey has shown. Around 46% of pensioners said returns on their savings accounted for up to 10% of their income, while 8% said it accounted for
Source: www.enfieldindependent.co.uk

Philips steps up cost savings as losses grow - Times Online
Philips, the Dutch electronics giant, said today it would accelerate restructuring measures over the second quarter after reporting a loss of 57 million ( 51 million) during the first three months of the year. Sales at the group fell 17 per cent
Source: business.timesonline.co.uk