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From the Wires

80 is the new 60 for retirement

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Tuesday, November 19, 2013

New York Post: Many older workers have majorly underestimated their financial needs in retirement and are being forced to stay in the workforce.

 

JP Morgan to announce $13B settlement

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Tuesday, November 19, 2013

Reuters: JPMorgan Chase & Co is expected to announce a $13 billion agreement with the U.S. government on Tuesday to settle claims it overstated the quality of mortgages.

 

Bloomberg lays off dozens

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Tuesday, November 19, 2013

New York Observer: Bloomberg News laid off dozens of staffers and eliminated some positions today in an effort to shift resources within the company.

 

Walmart holds food drive for its own employees

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Monday, November 18, 2013

Business Insider: A Cleveland Walmart is holding a Thanksgiving food drive for its own employees.

 

Dow, S&P hit record highs

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Monday, November 18, 2013

Reuters: The Dow and S&P 500 extended their record highs on Monday, ticking above 16,000 and 1,800 respectively.

 

Doping coverup included top officials, Armstrong says

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Monday, November 18, 2013

CNN: Lance Armstrong claims former Union Cycliste Internationale (UCI) president Hein Verbruggen was directly involved in covering up his positive test for corticosteroid during the 1999 Tour de France.

 

Post office loses $5B in past year

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Friday, November 15, 2013

AP: The U.S. Postal Service lost $5 billion over the past year, its seventh straight annual loss.

 

Retired union workers facing 'unprecedented' pension cuts

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Friday, November 15, 2013

CNNMoney: Hundreds of thousands of retired union workers are facing pension cuts that could reduce their monthly payments by more than half.

 

China to relax one child policy

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Friday, November 15, 2013

BBC: China will loosen restrictions limiting most couples to having only a single child.

 

White House will let insurers continue canceled health plans

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Thursday, November 14, 2013

Wall Street Journal: President Obama says Americans who received insurance cancellation letters can keep their plans for one year.

 

Snapchat turns down $3B from Facebook

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Thursday, November 14, 2013

USA Today: Snapchat's founders turned down an offer of more than $3 billion in cash from Facebook.

 

Hawaii 15th state to legalize gay marriage

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Thursday, November 14, 2013

KHON: Hawaii became the 15th state to legalize same-sex marriage.

 

Canadian porn bust rescues 386 children

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Thursday, November 14, 2013

Associated Press: An operation dubbed Project Spade is one of the biggest child porn busts ever say Toronto police.

 
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