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Protect yourself from a double-dip recession »

Question: We’re in our late 60s, retired and have a comfortable amount of money in retirement accounts, mostly mutual funds. My husband wants to liquidate most of our holdings and put the proceeds in money market funds, laddered CDs, perhaps an annuity, as he fears the political situation will lead to another recession. Is he right? –Sharon, Kennewick, Washington

Original post by Technology news - Business 2.0 Magazine

The 401(k) match is back! »

Employees who took a hit on their savings last year might finally be in for some welcome news: Companies are stepping up efforts to help them save more for retirement.

Original post by Technology news - Business 2.0 Magazine

Scarlett Johansson selling L.A. manse »

Original post by Technology news - Business 2.0 Magazine

John Thain’s turnaround challenge »

Not so distant ago, John Thain’s legacy was that of the Merrill Lynch CEO who redecorated his office for $1.2 million before selling the dying investment firm to Bank of America in a controversial deal that is now under criminal inspection.

Original post by Technology news - Business 2.0 Magazine

Money pit: When a cheap foreclosure costs much more »

Dusan Tatomirovic found a steal when he bought a foreclosed condo just north of Monterey, Calif., last April for $130,000.

Original post by Technology news - Business 2.0 Magazine

Where’s the repair guy? Track him »

One day in 2001, Yuval Brisker was stuck at home, expecting a cable TV technician to reach for a service signal. First he waited. thereupon he waited some more. Brisker reflected that folks all by the world were stuck in the same position, wasting hours without knowing when — or even whether — a service person would show up.

Original post by Technology news - Business 2.0 Magazine

Ex-Merrill chief Thain lands at CIT »

Former Merrill Lynch CEO John Thain has been tapped to lead struggling lender CIT Group.

Original post by Technology news - Business 2.0 Magazine

Don’t be a financial burden on your kids »

Every generation has its challenges. As boomers, one of our biggest is caring for our long-lived parents, providing both physical and sometimes monetary assistance, even as we’re putting our children through college and grad school.

Original post by Technology news - Business 2.0 Magazine

For L3C companies, profit isn’t the point »

When organic dairy farmer Vaughn Chase received a letter informing him that processor H. P. Hood would no longer be taking his milk, he feared he’d be forced out of business.

Original post by Technology news - Business 2.0 Magazine

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