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-- An attorney subscriber
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Search the News Archive
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300 Matching News Items |
| 1. |
BusinessWeek
Jan. 21, 2005
Excerpt: The rollback of pension promises is just one symptom of one of the greatest sociological shifts in history: The graying of the baby-boom generation. The ranks of 60-year-olds and older are growing 1.9% a year -- 60% faster than the overall world population. In 1950 there were 12 people aged 15 to 64 to support each one of retirement age. Now the global average is nine. It will be only four-to-one by mid-century, predicts the UN Population Div.
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| 2. |
BusinessWeek
May 9, 2005
Excerpt: As the head of the National Economic Council, White House official Allan B. Hubbard has drawn a tough assignment -- muscling private Social Security accounts and other elements of the President's ownership agenda past Congress. Recently Hubbard sat down with Businessweek ... to take stock of the campaign. Edited excerpts of their conversation follow. Note: This is an extended, online-only version of the interview that appears in the May 16, 2005, issue of BusinessWeek.
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| 3. |
BusinessWeek via California Nurses Association
Nov. 26, 2007
Excerpt: BusinessWeek's investigation of the fast-expanding medical-finance field has uncovered hazards, however. Many patients say they don't realize their debts are being shifted to such interest-charging middlemen as GE Money Bank, the unit that issues the CareCredit card.... The GE card typically comes with an introductory 0% interest rate, but after [Alice Diltz] didn't make her initial payment, the rate leapt to 26.99% on an annual basis. In August, 2006, GE Money Bank sued her in state court in Queens.
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| 4. |
BusinessWeek
Jan. 5, 2006
"BusinessWeek Associate Editor Anne Tergesen spoke to Bear Stearns accounting analyst Janet Pegg about what investors and pensioners can expect from the proposed changes, which are scheduled to take effect in two stages -- at the end of 2006 and around 2009."
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| 5. |
BusinessWeek
May 19, 2005
Excerpt: According to new congressional estimates, the government-run insurer of traditional pensions could face a bill of more than $120 billion over the next decade to cover pension fund losses, BusinessWeek has learned. That far exceeds the $23 billion that the PBGC estimates it needs to pay off workers and retirees. The PBGC's liabilities include the $6.6 billion in unfunded United Airlines (UAL ) pension obligations that the agency absorbed on May 10.
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| 6. |
BusinessWeek
Apr. 4, 2005
Excerpt: [C]ase has unveiled to BusinessWeek the details of his new company, Revolution, which he will officially launch on Apr. 4. Revolution is a private holding company that Case is funding with $500 million of his estimated $825 million fortune and that will invest in health care, wellness, and resorts.
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| 7. |
BusinessWeek
Nov. 18, 2004
Excerpt: The tangled web of insurers and the brokers who deliver them billions in premiums from Corporate America is being deciphered faster and faster. .... On Nov. 11, the Labor Dept. told BusinessWeek Online that it is investigating whether insurers are paying improper fees to brokers and how those fees are being disclosed to the federal government. It's the incestuous relationship between big underwriters and their preferred brokers that troubles some benefits advisers.
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| 8. |
BusinessWeek
Oct. 26, 2004
Excerpt: BusinessWeek has learned that MMC and its executives could face ... further legal and regulatory problems. Spitzer's office is mulling criminal charges against several execs connected with the insurance brokering scandal. It is also looking into whether Mercer, MMC's pension-consulting arm, and Putnam Investments, MMC's mutual-fund company, push clients into buying Marsh insurance products. [T]he Securities & Exchange Commission is probing Mercer's alleged 'pay to play' practices[.]
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| 9. |
BusinessWeek
Dec. 1, 1998
Labor lawyer Sara Horowitz' efforts to create a multi-employer health plan for Web entrepreneurs, from BusinessWeek Online (11/23/98).
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| 10. |
Bloomberg Businessweek
Jan. 20, 2015
"Treasury ... launched a small pilot project in mid-December. There was little publicity, and the agency won't say how many employers are participating, or exactly when MyRAs will become more widely available later this year. At least one government agency is on board: [OPM] is opening MyRAs up to part-time and seasonal employees who aren't eligible for the Federal Employees Retirement System. Private employers who want to offer MyRAs to workers are welcome to volunteer, a Treasury spokesman says, but the department isn't actively recruiting new participants."
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