Retirees with company-sponsored medical benefits face higher costs
Jun. 29, 2006

Retirees with company-sponsored medical benefits face higher costs, more restrictions and different plan options as their former employers move to curb their spending on such perks, a new study said.

Stocks rallied Thursday afternoon as investors breathed a sigh of relief on the day of the Federal Reserve's decision on interest rates.
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The Dow (up 81.89 to 11,055.45, Charts) and the broader Standard & Poor's 500 index (up 10.28 to 1,256.28, Charts) both jumped around 0.8 percent.
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Dow fell more than 100 points on higher interest rates expectation
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Dow fell more than 100 points as better-than-expected reports on consumer confidence and the housing market raised interest-rate jitters ahead of the Fed meeting. GM slid nearly 6%.
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The war of influence starts - US will press China to reform and open up its domestic financial system : new US Treasury Secretary
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Hank Paulson, the former chief executive of Goldman Sachs nominated by President George W Bush to be the new US Treasury Secretary, set the stage for a possible shift in US China policy at his Senate confirmation hearing on Tuesday.
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A consortium of private equity groups has agreed to buy Univision
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consortium of private equity groups has agreed to buy Univision, the US Spanish-language broadcasting company, for $12.3bn in cash, in a buy-out structured with an aggressive financing package.
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Johnson & Johnson said Monday it is buying Pfizer Inc.'s consumer health care unit for $16.6 billion
Media Release
Johnson & Johnson said Monday it is buying Pfizer Inc.'s consumer health care unit for $16.6 billion in a nearly all-cash deal that strongly boosts J&J's smallest division.
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Central banks will have to move faster to raise interest rates because global inflationary pressures are rising
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...the economy remains vulnerable to a bang of market turbulence
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New sources of ethanol are required to meet the U.S. demand for energy - Corn is not the answer: Chevron CEO
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Fifteen percent of the corn crop today goes into fuel, but it's only 2 percent of the fuel
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Berkshire Hathaway fortune, worth well over $40 billion going to Bill & Melinda Gates Foundation
Media Release
Within months, he said, he would begin to give away his Berkshire Hathaway fortune, worth well over $40 billion. Most of it is going to the Bill & Melinda Gates Foundation, he said.
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Oil prices rose this week, while metal prices fell
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Oil rises on Norwegian strike fears
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