Financial news on January 12, 2013

Business and Financial news
A Shocking Death, a Financial Lesson and Help for Others

Ron Lieber Your Money column offers cautionary tale of Chanel Reynolds, who was suddenly forced to confront unattended financial tasks after her 43-year-old husband was killed in a bicycling accident. Read more..

By RON LIEBER - The New York Times

Belgium Investigates LVMH

Officials are looking into suggestions that the French luxury group might have used a network of Belgian subsidiaries to avoid taxes, a Flemish newspaper reported. Read more..

By DAVID JOLLY - International Herald Tribune

Explanations and Advice for Those Hit Hardest by New Tax Increases

Paul Sullivan Wealth Matters column features wealth management experts offering explanations and advice on new tax laws for affluent Americans. Read more..

By PAUL SULLIVAN - The New York Times

Food Prices Lead December Inflation in China

Analysts said the increase was a harbinger, as price pressures will increase in coming months. Read more..

By REUTERS - International Herald Tribune

Ford Plans to Hire 2,200 Salaried Workers in U.S.

Ford Motor Co says it plans to hire 2,200 new salaried workers in United States, its largest increase in more than a decade, to support new product introductions. Read more..

By THE NEW YORK TIMES - The New York Times

Greece Votes to Raise Tax on Higher Earners

Greek lawmakers vote to increase taxes on middle- to high-income earners, self employed professionals and businesses despite strong objections by political opposition and several ruling coalition deputies who insist austerity-weary citizens should not be subjected to further pain. Read more..

By NIKI KITSANTONIS - The New York Times

Information Technology Dividends Outpace All Others

Floyd Norris Off the Charts column holds that the information technology sector, which once disdained paying dividends to shareholders, now pays more dividends than any other sector in the Standard & Poor's 500. Read more..

By FLOYD NORRIS - The New York Times

Slim Gains in Markets Ahead of Earnings Reports

Stocks gain for second straight week as companies begin releasing earnings reports, keeping Standard & Poor's 500-stock index within fraction of its highest levels in five years. Read more..

By THE ASSOCIATED PRESS - The New York Times

They Got 2012 Right. What About 2013?

James B Stewart Common Sense column; annual survey of experts who were accurate about United States economy in 2012, offering their thoughts on stocks, bonds and real estate for 2013. Read more..

By JAMES B. STEWART - The New York Times

See what else happened on January 12, 2013