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In the midst of the economic slowdown, half the assets managed by the world's largest fund managers are now pension fund assets.
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Asian Shares Rise, Euro Slips Ahead of Summit

Asian stock markets rose Tuesday after Wall Street shares climbed for a third straight session, but the euro slipped ahead of talks between French and German leaders on possible further measures to contain Europe's debt crisis.
Verizon

Verizon Strike Update: Union Heads Honor Worker Killed in '89 Picket

Hundreds of Verizon workers in red shirts interrupted a nine-day-old strike to place a wreath at a site in suburban New York on Monday morning, where a colleague was fatally injured on a picket line 22 years ago. The union workers began reportedly one of the biggest labor strikes in recent U.S. history on Aug. 7.
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Obesity is Healthy? New Research Differs From the 'Norm'

Two studies published Monday suggest re-framing the way medical practitioners look at overweight and obese patients. The studies question the notion that BMI and weight determine health - even when someone is severely obese.

Kenya shilling stable vs dollar, stocks down

The Kenyan shilling was stable against the dollar on Monday and was seen firming due to a squeeze on shilling liquidity in the money markets, while stocks edged lower for a second session.
Gold and platinum Visa cards are displayed in New York

Visa on the Offensive: Analyst

Jefferies recently met with Visa Inc. (NYSE: V) management and felt the sessions were upbeat in terms of Visa's competitive positioning, product strategy, post-Durbin initiatives, business model resiliency (regardless of macro climate), and robust, highly visible EPS growth.

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