Regulators have voted by a narrow margin to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.
ConocoPhillips matched 9 percent of employees’ annual salaries, even for workers who contributed as little as 1 percent of their income. Facebook didn’t offer a 401(k) match in 2012, the latest year for which numbers were available. The company started offering a match in April.
Wal-Mart will reduce prices on 10 percent more items this year, said Steve Bratspies, the company’s executive vice president for U.S. general merchandise. The number of back-to- school items Wal-Mart sells online will grow 30 percent to 75,000,
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Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.
Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her HealthCare.gov account showed several different subsidy amounts, varying as much as $180 per month.
Wisconsin's latest income tax reciprocity offer to Minnesota does not include an additional payment of up to $6 million a year that its neighbor wanted, a demand that the head of Wisconsin's Revenue Department derided Thursday as "unprecedented."
Network adequacy requirements for health plans should focus on making sure consumers have adequate access to different types of services rather than providers, a state Insurance Department official said Thursday.
Some consumers who purchased insurance under the new health law are confused because they received varying subsidy amounts and are now stuck in lengthy appeals processes trying to figure out which estimate is accurate.
More than $21 million in health insurance rebates will be coming to consumers in the Carolinas from companies the federal government says spent too many premium dollars on profits and red tape last year.