RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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

Displaying items 1-5
  • 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.)
  • Detroit bankruptcy judge angrily tosses hold-out creditor's charges

    Detroit bankruptcy judge angrily tosses hold-out creditor's charges
    A U.S. Bankruptcy Court judge late on Thursday removed allegations made by one of Detroit's remaining hold-out creditors against mediators in the city's historic municipal bankruptcy case. Judge Steven Rhodes chastised Syncora Guarantee Inc for...

    Germanwings pilots strike as Lufthansa row rumbles on

    BERLIN (Reuters) - Pilots at Lufthansa's budget carrier Germanwings staged a six-hour strike on Friday, disrupting travel plans of thousands of people returning from summer holidays and putting pressure on Lufthansa management in a pension scheme dispute....

    State looking to purchase former APM Terminals Virginia facility

    State looking to purchase former APM Terminals Virginia facility
    Transportation and port officials are planning a pitch to buy the former APM Terminals container shipping facility from its new owners, according to the state's top transportation leader. Aubrey L. Lane Jr., Virginia secretary of transportation,...

    Unions escalate fight with Garcetti over Employee Relations Board

    Eight Los Angeles public employee unions have taken their fight with Mayor Eric Garcetti into a new arena by seeking to curtail his power to select who can serve on a panel that decides the city's biggest labor disputes. Unions representing police...