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Pension and Welfare

A collection of news and information related to Pension and Welfare published by this site and its partners.

Top Pension and Welfare Articles see all

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  • News of the Weird: A Piece of the Action

    News of the Weird: A Piece of the Action
    “Fantasy sports” are hugely popular, but when fans “draft” players for their teams, they “own” only the players' statistics. Recently, Wall Street and Silicon Valley entrepreneurs created Fantex Holdings, which will allow investors to buy actual pieces of real players — namely, rights to 20 percent of the player's lifetime earnings (including licensing and product endorsement deals). The firm told The New York Times in October that it will soon stage an “IPO” for budding NFL star Arian Foster and hopes to sign up many more athletes, plus singers and actors similarly early in their careers. (On the other hand, Fantex's lawyers drew up a 37-page list of potential investment risks, such as injuries, slumps and scandals — and the fact that the stock will trade only on Fantex's private exchange.)
  • Swedish government cuts growth forecast, says to raise more taxes if re-elected

    HARPSUND Sweden (Reuters) - Sweden's centre-right government delivered a gloomy message to voters on Saturday ahead of next month's general election, cutting its growth forecast due to weakness in the global economy and saying it will further raise...

    French economy minister says austerity measures sapping growth

    PARIS (Reuters) - Austerity measures being pursued by France and elsewhere in the euro zone are quashing growth, French Economy Minister Arnaud Montebourg was quoted saying on Saturday, renewing his attacks on policies he sees as negative for the economy....

    Lawmakers pass gun-check bill prompted by rampage near UCSB

    California lawmakers Friday passed a bill to get police officers who check on troubled individuals to find out whether they own guns, a response to the rampage near UC Santa Barbara last spring that left seven people dead and 13 wounded. Police...

    California Senate passes gun database checks bill

    SACRAMENTO Calif. (Reuters) - The California Senate passed a bill on Friday requiring local law enforcement to search a database of firearms owners in most cases when carrying out checks on people who may harm themselves or others. The move follows the...