Month: July 2019

US Congress dome Getty How, you ask, can there possibly be good news on multiemployer pensions? The updated 2019 PBGC projections aren’t out yet but there’s no reason to believe the numbers are any better than last year’s “insolvency in 2025” multi-employer PBGC fund projections; likewise, the government’s form 5500 data, the source for publicly-available
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Johnson & Johnson‘s profit jumped 42% in the second quarter, with all three of the sprawling health-care company’s businesses performing better than Wall Street expected. Here’s what the company reported compared with Wall Street estimates, based on a survey of analysts by Refinitiv: Earnings per share: $2.58, adjusted, vs. $2.46 expected Revenue: $20.56 billion vs.
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Domino’s Pizza is sticking by its long-term plans even as third party delivery companies such as GrubHub, Uber Eats and DoorDash present short term pressures, CEO Ritch Allison told CNBC following the company’s Tuesday earnings call. Delivery apps that make it convenient for customers to order food from a plethora of restaurants are “creating some
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Capitol Building with dramatic sunrise sky, Washington DC Getty The SECURE Act (Setting Every Community Up For Retirement Enhancement, H.R. 1994)  is still working through the Senate after passing the House in May. It proposes a number of changes to retirement savings including changes to various nuts and bolts of IRAs and 401(k)s. It is not yet law. Nonetheless, it seems pretty likely
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Bars of original KitKat chocolate, produced by Nestle SA. Jason Adlen | Bloomberg | Getty Images For chocolate lovers around the world, a new invention by Nestle cuts out added sugar so that customers can enjoy its 70% dark chocolate with less guilt. The Swiss multinational company’s new “Cacao Fruit Chocolate” will be made wholly
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