Retire in your 40s a distant plan for now
A reader asks about retiring early and incurring penalties from tax deferred accounts. Bruce Williams suggests delaying withdrawal until 59 1/2, or even 60, and reassessing retirement timing as plans evolve with age and career changes. He advises against rushing early retirement.
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Bruce
E.T
Juice innovator taps grain rich drinks for kids
Denise Devine of Media Pennsylvania created Fruice a drinkable snack blending whole grains oats and barley with fruit juice to deliver fiber calcium and complex carbohydrates in a non sugar heavy form. School samples showed kids wary but adults praised the mouth feel and nutrition prompting a pivot toward senior market dairy style products.
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Denise Devine
Media
Wharton
Campbell Foods
Cornell University
Usda
Genuardi's
Devine
Rich Konstance
McDonald's
Time Warner to merge with EMI records in $20 billion deal
Time Warner plans a $20 billion merger with EMI Records to create Warner EMI Music, uniting labels from Virgin and Capitol to Atlantic and Elektra. The London announcement is expected soon with a 50 50 ownership split and a board of eleven directors. The move would strengthen digital music sales access for AOLs 20 million subscribers.
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New York
Time Warner
America
EMI Records
London
Associated Press
EMI
Edward Adler
Warner
America Online
Warner Emi Music
Seagram
Universal Music
Virgin
Priority
Capitol
the Spice Girls
van Morrison
Frank Sinatra
Atlantic
Elektra
Warner Brothers
Cher
Ames
Warner Music Group
Ken Berry
Music
Japan
Abbey Road
Beatles
Rolling Stones
Dayton Superior agrees to $315 million buyout by Odyssey
Dayton Superior Corp. will be acquired by Odyssey Investment Partners in a $315 million deal. Stone Acquisition Corp. will merge with Dayton Superior, which stays in Dayton under its name as a private company. Shareholders get $27 per share if approved. CEO J A Ciccarelli says the change provides flexibility to meet market demands.
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Dayton (Ap
Dayton Superior Corp
Odyssey Invest
Ment Partners
Odyssey
Stone Acquisition
Dayton Superior
J.A
Metro International launches free Philly tabloid amid SEPTA dispute
Metro Philadelphia edition debuts as a free daily aimed at riders, challenging SEPTA ties and prompting legal fight over advertising, editorial control, and access. Metro promises bite sized news with no editorials while SEPTA says it will provide a single in paper page and maintains editorial independence.
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Philadelphia
Metro
Southeastern Pennsylvania Transportation Authority
SEPTA
Robert J. Rosenthal
Philadelphia Inquirer
Metro International
The
Inquirer
Philadelphia Daily News
USA Today
New York Times
USA
Robert Kelly
Associated Press
Jack Roberts
New York
Boston
Chicago
San Francisco
Rosenthal
Zack Stalberg
Roberts
Jim Whitaker
Daily News
Gibson Greetings to move operations to Covington
Gibson Greetings Inc plans transferring about 500 workers from Amberley Village to Covington over the next month, with completion by March. The move occurs ahead of its $162 million merger with American Greetings Corp which would give AG 36 percent of the U.S. market, pending federal approval.
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Cincinnati
Gibson Greetings Inc
Ohio River
Covington
American Greetings Corp
Amberly Village
Gibson
Joann Pitman
Cleveland
American Greetings
U.S
Hallmark
Department of Justice
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