Health care costs rise as retirees shoulder more burden
A Watson Wyatt study warns future retirees will largely pay for medical costs not covered by Medicare as employers trim retiree benefits. It finds many firms cap or drop coverage, with median retiree contribution caps shrinking and only about one in four employers still offering retiree medical coverage for current retirees.
MENTIONED IN THIS ARTICLE
Washington
Watson Wyatt
Sylvester J. Schieber
Watson
Anneal
Benak AU Benefe Atanes
Rte Emnda A Orinne
Henry J. Kaiser Family Foundation
Wat
Wyatt
Oil prices rally as Iraq war fears ripple through markets
World oil executives gather in Rio de Janeiro amid war fears and a looming OPEC meeting in Osaka as analysts weigh potential price spikes. Markets expect volatility with possible short lived gains before a possible retreat, while producers consider output increases to ease pressure.
MENTIONED IN THIS ARTICLE
Paul Larson
Morningstar
Chicago
Iraq
Rio de Janeiro
World Petroleum Congress
Organization of Petroleum Exporting Countries
Osaka
Japan
Clairol ad campaign to reenergize global hair color leader
Procter & Gamble plans a major Clairol revival campaign to expand its share in haircare. The effort follows Clairol’s acquisition from Squibb and targets demographically diverse consumers with ads reviving classic lines and directing traffic to a new web site and toll free hotline. P&G notes beauty care makes about 20 percent of revenues and 22 percent of profits, with Clairol contributing to strong fiscal results.
MENTIONED IN THIS ARTICLE
Cincinnati
Procter & Gambie Co
Serang
Cleiroi
Vidal Sassoon
Francine
Clairol
One
Ciairol
Industrieader L'Oreal
Nielsen Market Research Command
L Oreal
Scoggins
Mobilcom to receive 388 million aid to avert bankruptcy
Berlin AP Germany government and Schleswig Holstein will provide 388 million dollars to Mobilcom to stave off bankruptcy amid 3G license costs and proposed restructuring. The package includes 311 million in loans from KfW with rest from state channels to save about 5500 jobs before national elections.
MENTIONED IN THIS ARTICLE
Berlin
Mobilcom
Filme
France Telecom
Gerhard Schroeder
Governmentt
Schleswig-Holstein
Werner Mueller
Kreditanstalt Fuer Wiederaufbau
Schleswig-Holstein Landesbank
Also Mentioned on This Page
Sylvester J. Senase
Schieher
U.S
Fadel’ Ghett
Fahnestock & Co
New York
Third Federal
Hassie
Bank Smart
North Olmsted
Olmsted Township
Rocky River
Germany
Spain
Telefonica
Finland
Sonera
Quam
Deutsche Telekom
T-Mobile
Vodafone
Mm02
KPN
E-Plus
Gerhard Schmid
Bern
Wwe
North Rage
E. Loval
Olio
Gem
Las Vegas
Kroger Co
West Sacramento
Calif
Raley’s
Las Vegas-area
Cali
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