April 1, 2014 4:30 PM

U.S. companies are chipping away at retiree health benefits

American politics this election year is rife with discussion about the gap between rich and poor, with talk of raising the minimum wage for those at the bottom and about those at the very top. Big companies are shifting their focus entirely to their stockholders. Globalization, endorsed by both major political parties, puts added pressure on the bottom line. Wages are stalled and benefits are on the chopping block.

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