Will Social Security Fix Its Mistake That May Be Costing You Tens of Thousands?
Biggest private coal producer warns of cutting 80 percent of workforce, head blames Obama policies
Murray Energy Corp., the largest privately held coal miner in the U.S., has warned that it may soon undertake one of the biggest layoffs in the sector during this time of low energy prices. In a notice sent to workers this week, Murray said it could lay off as many as 4,400 employees, or about 80% of its workforce, because of weak coal markets. The company said it anticipates “massive workforce reductions in September.” The law requires a 60-day waiting period before large layoffs occur. Layof..>> view originalAfter market spasm, Wall Street looks past Brexit
By Noel Randewich SAN FRANCISCO (Reuters) - A week-long convulsion in U.S. stocks induced by Britain's vote to leave the European Union has left some on Wall Street feeling a little bit better thanks to stronger expectations of prolonged low interest rates. The result of the June 23 referendum has created a bounty of uncertainty about the future of the United Kingdom, Europe and the global economy. But since those questions will likely take years to answer, many U.S. investors are focusing on wh..>> view originalKuwait may issue up to 5 bln dinars debt to cover 2016/17 deficit - finmin
KUWAIT, July 3 Kuwait plans to issue up to 3 billion dinars ($9.95 billion) in U.S. dollar-denominated bonds and sukuk in international markets to help plug its budget deficit for the current 2016-17 fiscal year, the finance minister said on Sunday.It will also borrow up to 2 billion dinars in debt from the domestic market in conventional and Islamic instruments, said Anas al-Saleh, who is also deputy prime minister and acting oil minister, according to an emailed speech. The remainder of the..>> view originalSEPTA sidelines one-third of Regional Rail fleet over defect
Jury awards $27M to 4 fired Allstate employees
CHICAGO (AP) - A federal jury has awarded more than $27 million to four former Allstate employees who sued the insurer for defamation.The Chicago Tribune reports (http://trib.in/29cQ955 ) the employees worked for a now-defunct equity division of the Northbrook, Illinois-based company. According to court documents, they were fired in 2009 for allegedly timing trades to increase their incentive bonuses.Allstate blamed “some employees” in a 2010 Securities and Exchange Commission filing for timing ..>> view originalFlint water battle lines
July 03, 2016 8:00 a.m. Updated Flint water battle lines Legal settlement interests may differ for state officials, city residents Photo by Jake May/The Associated Press A reporter asks Attorney General Bill Schuette a question after he filed a civil lawsuit last month against two water engineering companies, saying their negligence caused and exacerbated Flint's lead-tainted water crisis. Attorneys in the Flint water crisis say Attorney General Bill Schuette's recent ..>> view originalWal-Mart Pay comes to Prescott, Prescott Valley
Prescott-area Wal-Mart customers can now leave the wallet at home. With the introduction of Wal-Mart Pay at each of the retailer’s 127 Arizona store locations, customers can now pay with their smartphones at checkout. Wal-Mart is the only retailer to offer its own payment solution that works with any iOS or Android device, at any checkout lane, and with any major credit, debit, pre-paid or Wal-Mart gift card – all through the Wal-Mart mobile app. “The service was built to make shopping easier ..>> view original
Monday, July 4, 2016
Will Social Security Fix Its Mistake That May Be Costing You Tens of Thousands? and other top stories.
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