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GE"s gaping pension deficit just a tiny part of a $269 billion gap

General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement......»»

Category: topSource: moneycentralOct 9th, 2019

GE"s gaping pension deficit is just a tiny part of companies" $269 billion Gap

General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement......»»

Category: topSource: moneycentralOct 9th, 2019

GE"s gaping pension deficit is just a tiny part of companies" $269 billion Gap

General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement......»»

Category: topSource: moneycentralOct 9th, 2019

GE’s Gaping Pension Deficit Is Just a Tiny Part of Companies’ $269 Billion Gap

General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement......»»

Category: topSource: moneycentralOct 9th, 2019

GE freezing pensions for 20,000 employees

General Electric Co. said Monday it is freezing pensions for about 20,000 U.S. employees with salaried benefits, as part of its plan to reduce its pension deficit by up to $8 billion......»»

Category: topSource: marketwatchOct 7th, 2019

GE to freeze pension plans for about 20,000 U.S. workers to cut debt

General Electric Co said on Monday it was freezing pension plans for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate makes another drastic move to cut debt and reduce its pension deficit by up to $8 billion......»»

Category: topSource: reutersOct 7th, 2019

Gov. Kate Brown proposes keeping $500 million of expected $1.4 billion kicker

Oregon Gov. Kate Brown on Thursday proposed retaining $500 million of the expected $1.4 billion kicker tax rebate. Brown proposed spending $250 million of the money to pay down some of the estimated $27 billion deficit of PERS, the pension fund for.....»»

Category: topSource: bizjournalsMay 30th, 2019

US budget deficit hits $214.1 billion in August

The federal government racked up a $214.1 billion deficit in August, double the red ink from a year ago, although a big part of that increase reflected quirks in the calendar......»»

Category: topSource: foxnewsSep 13th, 2018

US budget deficit hits record $204.9 billion for November

The federal budget deficit surged to a record for the month of November of $204.9 billion, but a big part of the increase reflected a calendar quirk......»»

Category: topSource: foxnewsDec 13th, 2018

Brazil"s New Leader Moves to Revamp Economy

Brazilian President Jair Bolsonaro’s new government is moving quickly to impose changes to the economy intended to boost sluggish growth, while signalling plans to cut the deficit in part by scaling back Brazil’s pension system......»»

Category: topSource: wsjJan 3rd, 2019

Sunrise shareholder Canada Pension Plan Investment Board backs $2.8 billion capital hike

Sunrise Communications has won support from one of its largest shareholders for its $2.8 billion capital hike - the latest twist in the telecom company's battle to buy Liberty Global's Swiss business......»»

Category: topSource: reuters21 hr. 20 min. ago

Report: China Wants Tariff Rollbacks As Part Of Initial Trade Deal

China will struggle to buy $50 billion of U.S. farm goods annually unless the U.S. rolls back tariffs on the coutnry's products, Bloomberg reported Tuesday. read more.....»»

Category: blogSource: benzingaOct 15th, 2019

Freenet still rejects Sunrise deal despite Liberty Global offer

Freenet still opposes Sunrise's 6.3 billion Swiss franc ($6.32 billion) deal to buy Liberty Global's Swiss business, despite a new offer from the American seller to take part in the acquisition......»»

Category: topSource: reutersOct 14th, 2019

U.K.’s favorite pizza set to survive $1.4 billion debt overhaul

Twitter users following the #savepizzaexpress hashtag this week will probably get what they want, at least in part......»»

Category: topSource: moneycentralOct 12th, 2019

U.K.’s favorite pizza set to survive $1.4 billion debt overhaul

Twitter users following the #savepizzaexpress hashtag this week will probably get what they want, at least in part......»»

Category: topSource: moneycentralOct 12th, 2019

Federal deficit estimated at $984B, highest in seven years

The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday......»»

Category: topSource: moneycentralOct 8th, 2019

Tempe"s Versum Materials now part of global biotech, chemicals business

Germany-based Merck KGaA has completed its acquisition of Tempe’s Versum Materials Inc. for $6.4 billion. The combination of the two is expected to make Merck a leading electronic materials player focused on the semiconductor and display indus.....»»

Category: topSource: bizjournalsOct 8th, 2019

US ran deficit just under $1 trillion in 2019, CBO estimates

The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional Budget Office said Monday. The $984 billion deficit tally for 2019 came in.....»»

Category: topSource: moneycentralOct 7th, 2019

GE to freeze pensions to save up to $8 billion, cut debt

General Electric said Monday it would freeze pensions for about 20,000 salaried U.S. employees and take other related moves to help the ailing conglomerate cut debt and reduce its retirement fund deficit by up to $8 billion......»»

Category: topSource: moneycentralOct 7th, 2019

GE to freeze pensions to save up to $8 billion, cut debt

General Electric said Monday it would freeze pensions for about 20,000 salaried U.S. employees and take other related moves to help the ailing conglomerate cut debt and reduce its retirement fund deficit by up to $8 billion......»»

Category: topSource: moneycentralOct 7th, 2019

Thyssenkrupp to cut admin jobs as part of restructuring: sources

Thyssenkrupp is slashing some administrative jobs to cut down on the more than 2 billion euros ($2.2 billion) of costs it incurs in that field each year, two people familiar with the matter told Reuters on Monday......»»

Category: topSource: reutersOct 7th, 2019