Stock funds attract $7.14 billion as Dow hits record highs
Fund investors worldwide placed $7.14 billion in stock funds in the latest week as the Dow Jones industrial average hit record highs and global markets rallied, data from EPFR Global showed.
http://news.yahoo.com/stock-funds-attract-7-14-billion-dow-hits-172326199–sector.html
Barclays and RBS pay more than 500 staff over one million pounds
LONDON (Reuters) – Britain’s Barclays and RBS paid more than 500 staff over 1 million pounds ($1.5 million) in 2012, a year when both were embroiled in rate rigging and mis-selling scandals. Both Barclays and RBS are paying out billions of pounds in compensation to customers mis-sold loan insurance and small firms sold complex interest rate hedging products and are under pressure to rein in executive pay and cut costs. …
http://news.yahoo.com/barclays-rbs-pay-more-500-staff-over-one-191146016–sector.html
Jury awards damages in Johnson & Johnson hip case
LOS ANGELES (AP) — A jury in Los Angeles has awarded more than $8 million to a man who accused Johnson & Johnson of knowingly marketing a faulty hip implant that was later recalled.
http://news.yahoo.com/jury-awards-damages-johnson-johnson-hip-case-184721678–finance.html