The bleak retirement outlook for displaced workers
If you thought that Americans as a whole were unprepared for a secure retirement, you should see the ones who have lost their job.A report from the Transamerica Center for Retirement Studies finds many unemployed and underemployed workers have been dipping into their retirement accounts to fund
Brazil Attorney General Backs New State-Level Mining Tax - Report
Brazil's attorney general's office has ruled in support of a controversial new mining tax that has been charged by Minas Gerais, the country's biggest mining state, since April, Brazil's Valor Economico newspaper said Thursday.
Samsung: Not Considering Buying RIM, Licensing Operating System -Reports
Samsung Electronics Co. (005930.SE, SSNHY) said it hasn't considered a takeover of Research In Motion Ltd. (RIMM, RIM.T) or licensing the new BlackBerry 10 mobile operating system, according to several media reports.
CFTC Commissioner Details Plan for Futures Insurance
Commodity Futures Trading Commission member Bart Chilton detailed a plan for an insurance fund for futures customers Thursday, after customers lost money in failures of two futures firms in the past year.
Google to Pay $22.5 Million to Settle FTC Privacy Charges
Google Inc. (GOOG) has agreed to pay $22.5 million to settle Federal Trade Commission charges for misleading users about its tracking activities on Apple Inc.'s (AAPL) Safari browser, the regulatory agency said.
GlaxoSmithKline Buys Back 600,000 Shares
GlaxoSmithKline PLC (GSK.LN) Thursday said it purchased 600,000 ordinary shares on Aug. 9.
Morrison Supermarkets Buys 0.5 Million Own Shares to Cancel
Wm Morrison Supermarkets PLC (MRW.LN), an operator of supermarket chains, Thursday purchased through Jefferies International Ltd 500,000 ordinary shares at an average price of 282.682 pence per share, and said these shares will be cancelled.
AmerisourceBergen Gets Subpoenas From U.S. Attorney, DEA
Prescription drug-wholesaler AmerisourceBergen Corp. (ABC) disclosed Thursday that it has received subpoenas from the U.S. Attorney's Office in New Jersey and the Drug Enforcement Administration involving the company's processes for handling controlled substances.
European Jobs Market is Weakening Further, Says Adecco
The European job market is weakening further with employers reluctant to hire during the on-going sovereign debt crisis, staffing company Adecco SA (ADEN.VX) said Thursday as it reported a slip in revenue in some of its major markets.
Nine Potential Breakout Stocks
Alan Brochstein identifies nine stocks with potential price and fundamental momentum near their 52-week highAs I type, the S&P 500 is posting new highs for the summer, crossing 1400 for the first time since early May and sitting within 1.5% of the 1422 interim top set in early April.