Older Americans continue working amid aging population trends
Census data shows 65 plus workers and job seekers rose 50 percent since 1980. By 2002 about 4.5 million older adults were in the labor force, with 18 percent of men and near half of seniors in the workforce amid economic worries and retirement savings depletion.
MENTIONED IN THIS ARTICLE
Washington
Census Bureau
Edward Coyle
The
Alliance For
Coyle
United States
Jared Bernstein
Economic Policy Institute
Elyria Woman Returns to Banking as Community Investment Officer
Evelyn France, former Elyria school board member and Women’s Development Center director, becomes Lorain National Bank community reinvestment officer. Based in downtown Elyria, she plans to spend much time in the community, meeting residents and addressing local housing and small business loan needs. France notes the bank provides flexible scheduling to support her ongoing community work.
MENTIONED IN THIS ARTICLE
Elyria
Evelyn France
France
Elyria School
Women’s Development Center
Lorain National Bank
First Merit Bank
Joel Krueck
Lorain National
Dentists Sue Insurers Under RICO In Miami Lawsuit
The American Dental Association accuses six health plans of conspiring to delay and reduce payments to dentists. Filed in federal court in Miami, the suit seeks class action status for over 100,000 dentists, against Cigna, Cigna Dental Health, Connecticut General, MetLife, Metropolitan Life, and Mutual of Omaha, alleging in-network pay schemes under RICO.
MENTIONED IN THIS ARTICLE
Miami
American Dental Association
ADA
Chicago
Peter M. Sfikas
The
Sfikas
Cigna
Cigna Dental Health Inc
Connecticut General Life Insurance Co
MetLife
Metropolitan Life Insurance Co
Mutual of Omaha
Wendell Potter
Aetna
Blue Cross
Blue Shield
Bush plan to cut mine toilet approvals sparks review
A Bush administration proposal aims to preapprove portable mine toilets to cut paperwork and save about 407 dollars annually per two applications. The change would ease sanitary facility rules in mines, with public comment urged by May 21 and potential final on June 20. The United Mine Workers asked for a delay citing inadequate toilets and broad rule changes.
MENTIONED IN THIS ARTICLE
Bush Administration
Mine Safety Health Administration
United Mine Workers
MSHA
U S Steel completes purchase of National Steel
U S Steel Corp says it has completed the 850 million acquisition of bankrupt National Steel Corp a day after thousands of union workers approved a five year labor pact. The deal includes facilities in Ecorse River Rouge Granite City Portage Keewatin and other assets while assuming 200 million in National debt. Chairman Thomas Usher calls the closing a new era and a step toward consolidation amid a shrinking domestic steel industry. US Steel stock rose to 15.16 on the NYSE.
MENTIONED IN THIS ARTICLE
Pittsburgh
US. Steel Corp
National Steel Corp
US. Steel
National
Ecorse
River Rouge
Mich
Granite City
Portage
Ind
Gary
National Steel Pellet Company
Keewatin
Mim
U8. Steel
Execu
Tive Thomas Usher
U.S. Steel
Usher
Weirton Steel Corp
New York Stock Exchange
Stocks slip on mad cow scare and terror alert rise
Wall Street ended narrowly lower as mad cow fears and a higher terror alert spooked investors despite strong Home Depot earnings. The Dow fell 2.03 points to 8491.36, while the Nasdaq and S and P 500 slipped modestly. McDonald’s, Tyson Foods, and Outback Steakhouse posted declines as market caution persisted amid economic doubt and dollar weakness. Home Depot rose 2.60 to 30.67 on better than expected profits and stronger same store sales. Nonistrom advanced on quarterly profits beating estimates and guiding higher second quarter earnings.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Home Depot
Tony Cecin
US Bancorp
Piper Jaffray
Dow
McDonald’s
Tyson Foods
Outback Steakhouse
U.S
Brian Pears
Victory Capital Management
Pears
Pétailer
Dollar dips as US raises terror alert to high
The dollar weakened late trading after the United States raised the terror alert to orange from yellow amid intensified chatter of possible attacks. The euro slid to about $1.1738, from $1.1740 earlier, while the dollar fell against the yen.
MENTIONED IN THIS ARTICLE
Tokyo
U.S
New York
Dow Jones/AP
Saudi Arabia
Morocco
Bush
Ari Fleischer
Marc Chandler
HSBC
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Sen
Spers
Berea
Dave Perazek
Dperzek
Rico
Washington Post
Standard & Poor
Canada
Agriculture
Ann Veneman