By:
DEMETRIS NELLAS
01/28/12 9:04 AM
A disorderly and potentially devastating Greek debt default is looking much less likely.
Greece and investors who own its bonds have reached a tentative deal to significantly reduce the country's debt and pave the way for it to receive a much-needed €130 billion bailout.
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By:
DAVID PITT
01/27/12 2:59 PM
It's a case of broken promises. A growing number of companies are reneging on health insurance and other retirement benefits, leaving retirees scrambling and sometimes uninsured.
In some cases the companies have few options. They cut benefits programs because they're in bankruptcy and must reduce costs to survive. In other cases, however, retirees have to fend for themselves even as corporate profits soar.
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By:
DAVE CARPENTER
01/27/12 2:13 PM
Retiree benefits aren't as secure as they used to be, as auto and airline workers and others have learned in recent years.
Kodak workers are among those about to experience the changes. Their company is expected to make steep cuts to its so-called legacy costs -- health benefits in particular -- in a bankruptcy restructuring. Other companies are doing the same, either in or out of bankruptcy.
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By:
DEREK KRAVITZ
01/27/12 1:17 PM
The Obama administration said Friday that will expand its signature foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes.
The Home Affordable Modification Program will also be extended through 2013.
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By:
EILEEN AJ CONNELLY
01/27/12 10:16 AM
One out of five taxpayers eligible for a key tax credit don't claim it on their federal returns.
More than 26 million workers received earned income tax credits averaging $2,240 last year — but roughly 6.5 million left potentially thousands of dollars on the table by skipping the credit.
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By:
TOM MURPHY
01/27/12 5:14 AM
Health insurer WellPoint Inc. plans to improve primary care reimbursement and start paying for care management it doesn't currently cover, changes that could give patients more quality time with their doctors.
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By:
STEPHEN OHLEMACHER
01/27/12 1:37 AM
Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned their millions from wages? Because Congress, through the tax code, has long treated investment more favorably than labor, seeing it as an engine for economic growth that benefits everyone.
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By:
KASIE HUNT
01/26/12 3:06 PM
Mitt and Ann Romney failed to list an unknown amount of investment income from a variety of sources, including a Swiss bank account, on financial disclosure forms filed last year, the presidential hopeful's campaign announced Thursday as it worked to correct the omissions.
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By:
TAMARA LUSH
01/26/12 1:32 PM
At Our Daily Bread Food Pantry, the conversation often centers on real estate. Once taboo details — home values and what people paid for their properties — are casually discussed, and there appears to be little shame in walking away from a mortgage or fighting the bank on a foreclosure.
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By:
JUDY LIN
01/26/12 1:23 PM
The state Assembly on Thursday passed a set of bills intended to broaden the mental health and health care services covered by private insurance plans.
Lawmakers approved AB154, which would require insurers to cover the diagnosis and treatment of mental illnesses, and AB171 for coverage of developmental disorders such as autism. They also approved legislation to cover oral chemotherapy treatments and mammograms regardless of age.
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