Ohio teachers retirement fund awards 14 million in bonuses
The State Teachers Retirement System of Ohio issued about 14 million in investment performance bonuses since August 2000, while assets fell by 123 billion. The Columbus based system covers 424,171 teachers and retirees, with 827 million in employee contributions last year and a fund value of 46.5 billion. Critics say bonuses were excessive amid shrinking resources. The fund faces higher employee contributions and higher retiree health costs starting mid year.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
The
Plain Dealer
Jim
Herb Dyer
Ohio Retirement Study Council
Petro
Suits charge racial profiling across retailers
Lawsuits against Macy's Dillard's and J C Penney spotlight racial profiling of shoppers. Min ority customers report being watched, refused service, or falsely accused of theft while industry leaders say incidents are isolated. Plaintiffs include Paula Mays at J C Penney and Jamie Lewis against Dillard's in Texas.
MENTIONED IN THIS ARTICLE
Macy’s
Dillard’s
J.C. Penney
Jerome D. Williams
Center For Marketplace Diversity
Howard University
Denny’s
Adam’s Mark Hotel
Daytona Beach
Gallup
U.S
Williams
Anne-Marie Harris
Salem State College
School of Business
Macy's
Paula Mays
Jacksonville
Fla
Mays
Jamie Lewis
Dillard's
Texas
Lewis
Tyler
Old School Boomers Drive Retro Sneaker Boom
Michael Jacobsen in Midland Park New Jersey finds his Converse Chuck Taylors draw praise from his teens as retro styles gain traction with aging Americans. SGMA notes Boomers born 1946 to 1964 reach about 30 percent of 15.7 billion annual sneaker sales and are rising as a key demographic for running and walking shoes.
MENTIONED IN THIS ARTICLE
Michael Jacobsen
Midland Park
New York
Jacobsen
Oakland
Mike May
Sporting Goods Manufacturers Association
SGMA
Small firms turn private as costs and risk rise
NY based firms once rushed to public markets are retreating to private life as share prices falter, trading volumes shrink, and Sarbanes Oxley costs surge. Dole Foods Varsity Spirit and Lillian Vernon are among 29 deals announced this year. private equity groups see buying opportunities amid cheaper credit and stricter reporting.
MENTIONED IN THIS ARTICLE
New York
David Clark
Pierre Foods
James Richardson
Clark
Dole Foods
Varsity Spirit
Lillian Vernon
Sarbanes-Oxley
Ed Nusbaum
Grant Thornton
Peter Nolan
Leonard Green
Los Angeles
Nolan
Also Mentioned on This Page
Susan Tave Zeiman
Houston
Elyria
LNB
Middle Ave
Fresh Foods
Thompson Financial
Foley
Lardner
Steve Barth
Foley & Lardner
Milwaukee
Nour Husiness
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