Grand Rapids Business Daily

401k News

Chatham law firm sues ex-office manager, husband who allegedly stole more than $1M Wednesday, September 1, 2010 @ 10:28AMGoogle MapsThe law firm of Maloof, Lebowitz, Connahan & Oleske, located in Chatham Borough. CHATHAM BOROUGH — A Chatham Borough law firm is suing its former office manager and her husband claiming they embezzled $1.1 million from the company over...
Obama Says Attack Shows Terrorists Bent on Undermining Talks Wednesday, September 1, 2010 @ 10:13AMPresident Barack Obama condemned the “senseless slaughter” of four Israelis in the West Bank as he and Israeli Prime Minister Benjamin Netanyahu emerged from an Oval Office meeting on the Middle East peace process.
Netherlands Releases Two Men Suspected of Terrorism Wednesday, September 1, 2010 @ 10:12AMThe Netherlands released two men who were taken into custody upon their arrival at Amsterdam’s Schiphol Airport from the U.S. two days ago on suspicion they may have been involved in preparing a terrorist act.
Netherlands to Release Two Men Arrested on Amsterdam’s Airport Wednesday, September 1, 2010 @ 9:27AMThe Dutch national prosecutor will release two men, who were suspected of possible involvement in preparing a terrorist act, without charging them, spokesman Martijn Boelhouwer said by telephone today.
Chatham, NJ law firm sues ex- office manager; accuses her of embezzling more than $1.1 million Wednesday, September 1, 2010 @ 9:13AMThe former office manager for a Chatham-based law firm is accused in a lawsuit of embezzling more than $1.1 million that she and her boyfriend allegedly used for personal bills and to restore a vintage car.
Judge Denies U.S. Request to Dismiss Drilling Ban Challenge Wednesday, September 1, 2010 @ 9:12AMA federal judge denied a U.S. government request to dismiss a challenge to the Obama administration’s deep-water drilling ban, finding the government’s new rules didn’t render a lawsuit stopping the moratorium irrelevant.
Google-Verizon Internet Agreement Said to Be Studied by FCC Wednesday, September 1, 2010 @ 9:12AMFederal regulators are preparing to ask whether they should adopt Internet-traffic rules like those proposed by Google Inc. and Verizon Communications Inc., two people briefed on the plan said today.
Private Banks Can Win Clients by Using Online Dating Techniques Wednesday, September 1, 2010 @ 9:08AMWealth managers should apply online dating or betting techniques to capture a share of the estimated $10 trillion that rich individuals have yet to invest, according to Scorpio Partnership.
Ancora Advisors Offer Open Architecture 401K Plans Through Source Companies Wednesday, September 1, 2010 @ 9:04AMWith so much confusion regarding choosing a retirement plan, investing for the future, selecting a financial Â advisor, and retiring on time, Ancora Advisors is proud Â to introduce a low Â cost solution: Open Architecture 401K products offered through Source Companies.
U.S. Manufacturing Can Return, Casesa and Keller Say: Tom Keene Wednesday, September 1, 2010 @ 8:42AMU.S. manufacturing can rebound if plants are competitive and unburdened by “legacy issues,” according to John Casesa of Casesa & Co. and Maryann Keller, president of Maryann Keller & Associates LLC.
New Philly Newspaper Owners Seek Union Contracts Monday, August 30, 2010 @ 6:28PMCreditors who won the bankruptcy auction for Philadelphia's two largest newspapers are trying to settle the last unresolved union contracts before Tuesday's scheduled close of the $139 million sale.
Stow: Tough economy forces many to tap 401k's Monday, August 30, 2010 @ 4:36PMSTOW -- Diane Taylor knows that not touching your 401k fund before you retire is a cardinal rule.
New Philly newspaper owners seek union contracts Monday, August 30, 2010 @ 4:21PMCreditors who won the bankruptcy auction for Philadelphia's two largest newspapers are trying to settle the last unresolved union contracts before Tuesday's scheduled close of the $139 million sale. Drivers who deliver The Philadelphia Inquirer and... Newspaper - Bankruptcy - Philadelphia - Philadelphia Inquirer - United States
New Philly newspaper owners seek union contracts Monday, August 30, 2010 @ 4:07PMNew Philly newspaper owners push to sign holdout unions as close of bankruptcy sale looms
Ramapo Rally raises nearly $10,000 for Camp Sunshine Monday, August 30, 2010 @ 2:57PMIt wasn't a bad day to be on a bike. The weather was cloudy and not too warm. There was no rain to make the pavement slick. And there was a slight breeze.
ACLU Sues U.S. Government Over Targeted Assasination of Citizens Monday, August 30, 2010 @ 12:48PMThe American Civil Liberties Union sued the U.S. government over a policy of killing American citizens suspected of terrorism. The lawsuit, filed today in federal court in Washington, said that such targeted assasinations by the federal government are unconstitutional.
Offshore Rig Clerk Monday, August 30, 2010 @ 12:24PMThe Offshore Rig Clerk is accountable for performing logistical, procurement, accounting and clerical duties as directed by the Well Site Leader. Essential duties and responsibilities include the following.
Citigroup Will Meet With Mayo After Analyst Complains in Report Monday, August 30, 2010 @ 12:03PMCitigroup Inc. said its senior management will meet with Mike Mayo after the analyst complained that their failure to do so in almost two years caused him to doubt the bank’s trustworthiness.
Mayo Says Citigroup’s Failure to Meet Spurs Doubts Monday, August 30, 2010 @ 11:48AMMike Mayo, one of three analysts who recommends selling Citigroup Inc. shares, says the bank has failed to regain his trust because management hasn’t met with him in almost two years.
Roger Clemens Pleads Not Guilty to Obstruction, Perjury Monday, August 30, 2010 @ 11:33AMRoger Clemens, who won a record seven Cy Young Awards as the best pitcher in his league, pleaded not guilty to charges he lied to the U.S. Congress when he denied using steroids and other drugs to boost his baseball performance.
China Mobile Shares Decline on Report Vodafone May Sell Stake Sunday, August 29, 2010 @ 9:56PMChina Mobile Ltd., the world’s biggest phone carrier by market value, fell in Hong Kong trading after the Sunday Times said Vodafone Group Plc is preparing to sell its stake in the company.
Japanese Stocks Gain Third Day on Weaker Yen, Bernanke Pledge Sunday, August 29, 2010 @ 9:34PMJapanese stocks rose for a third consecutive day after Federal Reserve Chairman Ben S. Bernanke pledged to safeguard the U.S. recovery and the Bank of Japan said it will expand a bank-loan program.
REITs Attract Yield-Hungry Investors Sunday, August 29, 2010 @ 9:29PMWith yields above other asset classes, real estate investment trusts are popular again. Pros tell how to spot the best REITs
Distinguished Lives Sunday, August 29, 2010 @ 9:11PMFive Sam Houston State University former students who have made notable contributions in their fields, communities and to SHSU itself will be honored as Distinguished Alumni on Friday Oct. 15, as part of the university’s 2010 homecoming festivities.
Tropical Storms to Strengthen on Track to South China, Okinawa Sunday, August 29, 2010 @ 8:48PMA tropical storm in the South China Sea is forecast to strengthen as it approaches China’s southern coast, while another storm south of Japan is expected to turn into a typhoon and cross Okinawa.
Tedbits: The Financial and Economic NO SPIN Zone Sunday, August 29, 2010 @ 7:59PMAs the next leg down in the unfolding depression and global, financial crisis intensifies we all sit on a keg of dynamite known as the developed world’s economies and financial systems and wait for some fool in government to light a match.
Lenovo Plans to Sell Video-Game Console in China by Year-End Sunday, August 29, 2010 @ 7:56PMLenovo Group Ltd., China’s biggest maker of personal-computers, plans to sell a video game console in the country by year-end, spokesman Jay Chen said by phone today. The company set up a venture, Beijing Eedoo Technology Ltd., this month to operate the game-console business, he said.
Morgan Stanley Lowers Forecast for Second-Half U.S. GDP Growth Sunday, August 29, 2010 @ 7:34PMMorgan Stanley revised its forecast for second-half growth in the U.S. economy to between 2 and 2.5 percent, from an earlier estimate of 3 to 3.5 percent.
Yen Falls on Speculation BOJ Will Decide to Weaken Currency Sunday, August 29, 2010 @ 4:03PMThe yen dropped versus all its major counterparts on speculation the Bank of Japan will act to curb currency gains that are imperiling the nation’s export-led economic recovery.
Yen Weakens as Bank of Japan to Hold Emergency Policy Meeting Sunday, August 29, 2010 @ 4:03PMThe yen weakened after the Bank of Japan said it will hold an emergency policy meeting at 9 a.m. Tokyo time.
Related Sites Sunday, August 29, 2010 @ 10:51AMFor a brief article for a consumer website, I'm interested in general thoughts about the wisdom of paying off a mortgage early, if you can. Under what circumstances--if any--is it a good idea? Or is it always a good idea?
Sanofi Offers to Buy Genzyme for $18.5 Billion in All-Cash Deal Sunday, August 29, 2010 @ 9:48AMSanofi-Aventis SA said it is offering to buy Genzyme Corp. for $69 a share, or about $18.5 billion in cash. The Paris-based drugmaker commented on the bid in an e-mailed statement today.
Don't let losses stop you from investing Sunday, August 29, 2010 @ 9:39AMQ: I followed my broker's advice, and started saving a few years ago for my children's college with 529 plans. They have done nothing but go down in value since I started them, and I feel as though I am wasting my money. Am I doing the right thing?
Sanofi Said to Make Genzyme Acquisition Bid Public Sunday, August 29, 2010 @ 8:34AMSanofi-Aventis SA plans to appeal directly to shareholders of Genzyme Corp. by making its takeover offer for the biotechnology company public, according to three people close to the situation.
Sanofi Said to Send Second Letter to Genzyme on Purchase Bid Sunday, August 29, 2010 @ 8:03AMSanofi-Aventis SA is sending a second letter to Genzyme Corp. expressing their continued interesting in buying the U.S. biotechnology company and citing a price, say two people aware with knowledge of the situation.
Shirakawa Returns Early Amid Reports of BOJ Meeting Sunday, August 29, 2010 @ 7:48AMBank of Japan Governor Masaaki Shirakawa returned to Tokyo today, cutting short a visit to the U.S. following reports the central bank is considering holding an emergency meeting.
ICC Says Man Arrested in Cricket Betting Inquiry Sunday, August 29, 2010 @ 4:48AMThe International Cricket Council, the sport’s governing body, said it has been told by police in London that a 35-year-old man has been arrested “on suspicion of conspiracy to defraud bookmakers.”
Danielle Weaker, Downgraded to Category 1 Hurricane, Center Says Sunday, August 29, 2010 @ 4:33AMDanielle has been downgraded to a Category 1 hurricane, the U.S. National Hurricane Center said in an advisory on its website today.
Non-profit created to bring help to veterans Friday, August 27, 2010 @ 1:17AMThe economy has proven to be a challenge during the past few years with Coachella Valley residents realizing their paychecks will stretch only so far.
Fairfax Rises in Sydney After Earnings Beat Estimates Friday, August 27, 2010 @ 12:23AMFairfax Media Ltd., Australia’s second-largest newspaper publisher, rose the most in more than seven months after full-year earnings beat analyst estimates.
Boeing Postpones 787 Delivery on Rolls-Royce Delay Thursday, August 26, 2010 @ 10:48PMBoeing Co. postponed delivery of the first 787 Dreamliner after the shutdown of a Rolls-Royce Group Plc test site delayed engine development.
ICBC Shares Advance in Hong Kong After Profit Beats Estimates Thursday, August 26, 2010 @ 10:44PMIndustrial & Commercial Bank of China Ltd., the world’s largest lender by market value, rose the most in two months in Hong Kong after profit topped analysts’ estimates as loan profitability and fees increased.
Marketing yourself to land a job Thursday, August 26, 2010 @ 10:39PMWhile the overall unemployment rate in the United States was 9.5 percent in June, it was 15.3 percent for those aged 20 to 24, compared with 7.8 percent for ages 35 to 44, 7.5 percent for ages 45 to 54 and 6.9 percent for those 55 and older.
Retire Smart, 8/25/10 Thursday, August 26, 2010 @ 10:30PMMark MillerTribune Media Services If you’ve spent hours analyzing the investment strategies of the mutual funds in your retirement portfolio, here’s some bad news: You could have saved a lot of time just focusing on the fees.
Boeing Sets 787 First Delivery Date for Mid-First Quarter 2011 Thursday, August 26, 2010 @ 10:18PMBoeing Co. expects to deliver its first 787 in the middle of the first quarter of 2011, the company said today in a regulatory filing.
China Green Tumbles After Delaying Earnings Approval Thursday, August 26, 2010 @ 10:18PMChina Green Holdings Ltd. fell by a record in Hong Kong trading after the producer of fruit and vegetables said its auditor needed more time to complete the annual report for board approval.
Noda Says Japan’s Currency Situation Is ‘Severe’ Thursday, August 26, 2010 @ 10:03PMJapanese Finance Minister Yoshihiko Noda said the nation’s currency situation is “severe” and reiterated the government is prepared to take appropriate action when necessary.
GloryBee, SELCO honored for local service Thursday, August 26, 2010 @ 8:05PMGloryBee Foods and SELCO Community Credit Union were honored Thursday by the Lane Workforce Partnership for their investment in the local workforce and for giving back to the community. Volunteers in Medicine also was recognized “for providing much needed medical care to over 66,000 low-income, working uninsured people in Lane …
Candidates debate how to tame state pension plan Thursday, August 26, 2010 @ 7:41PMThe state employee retirement system is $12 billion short. The candidates debated what to do about that.
Investors Take $7.1 Billion From Equity Funds in Week, EPFR Says Thursday, August 26, 2010 @ 5:18PMInvestors took out a net $7.1 billion from global-tracked equity funds in the week to Aug. 25 and put some $5.2 billion into bond funds amid concerns economies in the U.S. and Europe are losing momentum, EPFR Global said in an e-mail.