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Ameriprise Financial donates $1M to nonprofits

Ameriprise Financial Inc. recently awarded more than $1 million to nonprofit organizations, the company announced Wednesday. (AMP)

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H&R Block loss narrows after quitting mortgages

NEW YORK (Reuters) - H&R Block Inc , the largest U.S. tax preparer, on Monday posted a smaller second quarter loss, after shedding its money-losing mortgage operations to focus on its tax business.

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Reserve Fund investors to get $14 billion

Shareholders of the Reserve Primary Fund should see their second payout from the ailing money market fund just in time for the holidays. Reserve Management announced that about $14 billion will be distributed to investors around Dec. 5. Investors, including Ameriprise Financial Inc. and more than 330,000 of the Minneapolis-based financial services company's clients, have been stuck in...