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Archive: (3 Stories)

IBM moving some retirees off its health plan

09/07/2013 12:57pm
IBM plans to move many retired workers off its health plan and give them money to buy coverage on a health-insurance exchange. The move is part of a corporate trend away from providing traditional retiree health benefits as costs rise.

Delta to join S&P 500 index of stocks

09/07/2013 1:48pm
Delta Air Lines Inc. is scheduled to be listed among the stocks in the Standard & Poor's 500 index next week, a sign of the airline's turnaround since it filed for bankruptcy protection eight years ago.

Managers of money fund that 'broke buck' back deal

09/07/2013 4:45pm
The managers of a money market fund whose failing assets raised fears about other such funds during the 2008 financial crisis have agreed to pay $10 million to settle a class-action lawsuit by investors.