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Samsung invests, shares in Fusion-io Samsung today invested an unspecified amount of money into relatively young storage maker Fusion-io as part of a larger partnership. The deal gives Fusion-io a safer position to develop its lineup but will also see it and Samsung co-develop new solid-state drive technology. The smaller of the two will also get better access to Samsung's flash memory.... macnn.comMoney Daily Brief: Troubled Galleon sees redemptions soar .Galleon Group woes: Employees began preparing resumes as investors moved to recoup $1.3 billion in assets from the $3.7 billion hedge fund, which is at the center of an insider-trading scandal. Raj Rajaratnam , the group's cofounder, went free after posting $100 million in bail. Institutional investors may have to ... Christian Science MonitorMessages reveal final hours of McNair, girlfriend On the morning of July 4, the girlfriend of former NFL quarterback Steve McNair texted him, saying she was stressed and needed money to pay bills. 'Baby I might have a break down im so stressed,' Kazemi said in one text message. McNair and Sahel Kazemi, 20, were found fatally shot in a Nashville condominium. Police have since ruled their deaths a murder-suicide. CNNUAL reports $57 million 3Q loss United Airlines parent UAL Corp. reported a money-losing third quarter on Tuesday but said it is beginning to see signs that business travel could pick up soon. The recession has hurt business travel at all the big airlines. While United and other carriers... Sponsored Topics: Airline - UAL Corporation - United Airlines - Revenue - UAL Corp SF GateItineraries: Business Travelers Take to Their Bikes The desire to stay fit and save money is inspiring more to ride their bikes, not just to work but also on business trips. International Herald TribuneTurning a lifetime of savings into income Question: The 4% rule seems to have become the conventional wisdom for drawing money from your savings in retirement. But I believe the rule is flawed. I think it might make more sense to choose a percentage of your savings that you will withdraw annually and then just apply that percentage to your savings balance at the beginning of each year so you would have more money to spend in years when investment returns are good and less to spend in years when returns are bad. What do you think? --E. W., East Lansing, Michigan CNNTeen virtual world Meez: We`re profitable! Premium subscriptions and a virtual currency have propelled the onetime avatar-creation company toward that elusive Web 2.0 goal of actually making money. CNETTeen virtual world Meez sees profit Premium subscriptions and a virtual currency have propelled the onetime avatar-creation company toward that elusive Web 2.0 goal of actually making money. CNETCitizens encouraged to save for retirement FRANKFORT, Ky. -- The Kentucky department of financial Institutions is encouraging residents to save money for their retirements.This week marks the congressionally recognized "National Save for Retir... Chicago ChronicleBrazil sets 2% tax on capital inflows Brazil has imposed a 2 per cent tax effective from Tuesday on money entering the country to invest in equities and fixed income instruments. Direct investment in the productive economy will not be affected. FT1 2 |
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