Following the Insured Retirement Institutes announcement on Aug. 17 that variable annuity sales increased 23% in the first quarter of 2011, the organization announced that second quarter annuity sales are up again.
The federal COBRA subsidy's last group of recipients those who began receiving assistance in May 2010 roll off Sept 1. As a result, they face a 186 percent increase in their monthly premiums.
Michigan lawmakers acted illegally when they agreed to take 3 percent from the pay of government employees and earmark it for retirees' health care, the state appeals court said Friday
Monday is the last chance for the repeal question on Ohio's contentious collective bargaining law to be removed from fall ballots. Otherwise, voters can expect to see the referendum when they vote Nov. 8.
The Health and Human Services Department awarded another $137 million in public health grants Thursday, most of it from a fund created by health care reform law.
Federal authorities say Union Pacific Corp. retaliated against three employees who raised safety concerns, so the railroad should pay $615,215 in fines and compensation.
Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc. into one of the world's most powerful companies, resigned as the company's CEO Wednesday, saying he can no longer handle the job.