GM UAW make progress union shuns strike: Reuters Business News - MSN Money

GM UAW make progress union shuns strike: Reuters Business News - MSN Money
Separately two people familiar with the talks said that the two sides had closed the gap on Friday on the central issue of establishing an independent trust fund to take over health-care costs for more than 540 000 GM retirees and their spouses. The two sides were preparing to bring in a third party to audit the financial assumptions of both sides in a deal that would see GM pay billions of dollars into the ground-breaking …

Investor files lawsuit against Children’s Place: Reuters Business News - MSN Money

Investor files lawsuit against Children’s Place: Reuters Business News - MSN Money
The suit which was filed in U.S. district court in Manhattan on Friday is seeking class action status.

Fannie Freddie portfolio caps may be lifted in Feb: Reuters Business News - MSN Money

Fannie Freddie portfolio caps may be lifted in Feb: Reuters Business News - MSN Money
Elimination of investment caps placed on the companies after billions of dollars in accounting errors would allow them to boost their portfolios already at a combined $1.4 trillion. The companies have been lobbying for flexibility in buying mortgages asserting that their greater participation could help stabilize turmoil in U.S.