A committee suggests that current and former state workers be allowed to move into a 401(k)-style plan as an optional alternative to fixed-benefit pensions.
A U.S. bankruptcy judge derailed efforts by California's giant pension fund to get paid before other creditors in the city of San Bernardino's bankruptcy Friday, as creditors lined up to oppose the debt-ridden city's eligibility for Chapter 9 bankruptcy protection.
The name George "Gus" Sauter may not ring a bell for most investors. But it probably should, because Sauter may very well have influenced how their retirement funds are invested.
The daughter of a former Chicago Bears player from the 1950s is accused of illegally collecting money from an NFL pension plan years after her father's death.
North Carolina's workers should have a voice in a study of the compensation plan that the General Assembly is planning, some state employees and their supporters said Wednesday at a news conference that also addressed working conditions and the need for collective bargaining rights.
Getco is buying rival trading firm Knight Capital in a cash-and-stock deal that could be worth more than $1 billion. The deal comes just four months after a major software malfunction at Knight roiled markets and threatened the company's survival.
Shares of Allscripts Healthcare Solutions Inc. fell Monday in the first trading day after a big client announced that it would merge with another health system, a move that could put some business at risk for the software maker.
The Allstate Corp. said Monday that its board of directors approved a plan to buy back up to $1 billion of the insurer's shares by the end of next year.