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  • Pensions to strain N.J. revenues Monday, July 18, 2011 @ 12:09AMTRENTON — New Jersey’s new pension reform will save state and local governments millions of dollars now and billions of dollars over the ensuing decades.
  • Pensions to strain N.J. revenues Monday, July 18, 2011 @ 12:09AMTRENTON — New Jersey’s new pension reform will save state and local governments millions of dollars now and billions of dollars over the ensuing decades.
  • Politics live blog - Thursday 14 July 2011 Sunday, July 17, 2011 @ 11:26PMRolling coverage of all the day's political developments as they happen. 8.10am: Evan Davis is interviewing Nick Clegg . Q: Your speech is "I don't want to waste a good crisis". Clegg says we need to clean things up. People thought the press was on their side. But it turned on vulnerable people. But the crisis has also cast a spotlight on the "murky world" of the British establishment. Q: Does ...
  • Politics live blog - Thursday 14 July 2011 Sunday, July 17, 2011 @ 11:26PMRolling coverage of all the day's political developments as they happen. 8.10am: Evan Davis is interviewing Nick Clegg . Q: Your speech is "I don't want to waste a good crisis". Clegg says we need to clean things up. People thought the press was on their side. But it turned on vulnerable people. But the crisis has also cast a spotlight on the "murky world" of the British establishment. Q: Does ...
  • Ex-Ohio attorney general Cordray picked to lead consumer agency Sunday, July 17, 2011 @ 11:10PMPresident Barack Obama said Sunday that he would nominate Richard Cordray, the former attorney general of Ohio, to lead the new Consumer Financial Protection Bureau, passing over Elizabeth Warren, the Harvard law professor who was the driving force behind the agency's creation.
  • Ex-Ohio attorney general Cordray picked to lead consumer agency Sunday, July 17, 2011 @ 11:10PMPresident Barack Obama said Sunday that he would nominate Richard Cordray, the former attorney general of Ohio, to lead the new Consumer Financial Protection Bureau, passing over Elizabeth Warren, the Harvard law professor who was the driving force behind the agency's creation.
  • Opinion: Hahn’s contract stark contrast to Canadian pension landscape Sunday, July 17, 2011 @ 10:31PMLong before news broke about BC Ferries CEO David Hahn’s stratospheric pension, there was already a great divide in Canada between those who get pension benefits at work and those who don’t.
  • Opinion: Hahn’s contract stark contrast to Canadian pension landscape Sunday, July 17, 2011 @ 10:31PMLong before news broke about BC Ferries CEO David Hahn’s stratospheric pension, there was already a great divide in Canada between those who get pension benefits at work and those who don’t.
  • BakuToday Sunday, July 17, 2011 @ 10:27PMin Lithuania, Latvia and Estonia, the Baltic countries continue to compare the various categories. Today, 13 June, we publish material about the investment climate in the “Baltic Tigers”.
  • BakuToday Sunday, July 17, 2011 @ 10:27PMin Lithuania, Latvia and Estonia, the Baltic countries continue to compare the various categories. Today, 13 June, we publish material about the investment climate in the “Baltic Tigers”.
  • Tea Party Republicans to push for huge cuts Sunday, July 17, 2011 @ 9:14PMTea Party-backed Republicans will likely dominate the House of Representatives this week, pushing a spending cut plan that stands little chance of passing either legislative chamber even though a potential U.S. default on its debt is just over two weeks away.
  • Tea Party Republicans to push for huge cuts Sunday, July 17, 2011 @ 9:14PMTea Party-backed Republicans will likely dominate the House of Representatives this week, pushing a spending cut plan that stands little chance of passing either legislative chamber even though a potential U.S. default on its debt is just over two weeks away.
  • Obama's pick of Cordray to lead consumer agency draws mixed reactions Sunday, July 17, 2011 @ 8:37PMReaction from consumer advocates, progressives and Republicans to Obama's choice of ex-Ohio AG Richard Cordray as head of a new consumer protection agency was mixed Sunday. Many welcomed Cordray's experience but felt Elizabeth Warren, currently interim head of the agency, should have been the pick.
  • Obama's pick of Cordray to lead consumer agency draws mixed reactions Sunday, July 17, 2011 @ 8:37PMReaction from consumer advocates, progressives and Republicans to Obama's choice of ex-Ohio AG Richard Cordray as head of a new consumer protection agency was mixed Sunday. Many welcomed Cordray's experience but felt Elizabeth Warren, currently interim head of the agency, should have been the pick.
  • Clock ticking on avoiding US default, no deal in sight with deadline just over 2 weeks away Sunday, July 17, 2011 @ 7:06PMWASHINGTON - Tea Party-backed Republicans will likely dominate the House of Representatives this week, pushing a spending cut plan that stands little chance of passing either legislative chamber even though a potential U.S. default on its debt is just over two weeks away.
  • Readers' Letters - May 21 2009 Sunday, July 17, 2011 @ 6:08PMReaders' letters from the May 21 issue of the Observer. Following Greg Miles' article 'Footballers kick out at parish over negative attitude' (Observer, last week), I am disappointed to read the Bosham council has shown such disregard to the aims and aspirations of its football club.
  • Additional news "Sport" Sunday, July 17, 2011 @ 2:42PMSeiko Epson Corporation announced the delivery of 70 millionth high-temperature polysilicon (HTPS) TFT LCD-panel for 3LCD projection systems. As noted in the company, thanks to a total of 23 million was released 3LCD-projectors.
  • Obama Passes Over Warren, Picks Deputy to Lead Consumer Financial Agency Sunday, July 17, 2011 @ 2:42PMPresident Obama nominated Richard Cordray, a former Ohio attorney general and state lawmaker, to run the nascent Consumer Financial Protection Bureau on Sunday.
  • Will a pension overhaul save your retirement? Sunday, July 17, 2011 @ 12:45PMThe Conservative government will get down to the business of implementing its vision for fixing the Canadian pension system this week -- and Bay Street is salivating at the prospect
  • Former Ohio Attorney General Picked to Lead Consumer Agency Sunday, July 17, 2011 @ 12:40PMIn picking Richard Cordray, President Obama passed over Elizabeth Warren, who drew strong opposition from Republicans.
  • Gillard defends carbon tax ad spend Saturday, July 16, 2011 @ 11:52PMPrime Minister Julia Gillard has defended the amount of taxpayers' money being spent on ads to promote the carbon tax.
  • Key points hanging up NFL talks Saturday, July 16, 2011 @ 11:51PMPeople familiar with negotiations to end the NFL's four-month-long lockout tell The Associated Press there are still issues that need to be resolved, even now that owners and players have agreed to many of the main elements of a deal. Among the items that are not yet agreed upon, according to the people, who spoke on condition of anonymity because the talks are supposed to remain confidential ...
  • Builder of Texas roads may default on Indiana project Saturday, July 16, 2011 @ 11:37PMTexas officials are watching with concern as reports surface about a possible default on a $3.8 billion Indiana toll road project being built by the developer that is financing major highway and toll projects in Dallas-Fort Worth, Austin and San Antonio.
  • Pension changes in effect Saturday, July 16, 2011 @ 11:36PMAUGUSTA -- The state will owe less to its retirement system in future years thanks to reforms in its new budget, but retirees aren't happy about changes that will mean smaller increases in benefit checks.
  • Parting gift: Mello gets $54K pension Saturday, July 16, 2011 @ 11:34PMCouncilors, town manager point to new incentives, retirement rules in hope to keep officers longer
  • Retirees press for inclusion in NFL labor talks Saturday, July 16, 2011 @ 11:29PMMINNEAPOLIS (AP) — Carl Eller doesn't want to be one of the bad guys, not when the NFL seems so close to getting back to work.
  • State budget gets grip on pension costs Saturday, July 16, 2011 @ 11:15PMReforms will reduce what the state must pay into the retirement system, but not everyone is pleased about it.
  • Notes from the Capitol Saturday, July 16, 2011 @ 11:13PMMcDonnell urges VRS change
  • State says pension reform will bring savings to county, towns Saturday, July 16, 2011 @ 10:12PMGov. Chris Christie's administration is promising that Sussex County, its municipalities, school districts and other public bodies will save more than $500,000 this year in pension costs thanks to reforms the state adopted last month.
  • Daycare operators struggle while state funding lags Saturday, July 16, 2011 @ 9:09PMJOLIET — Carla Poindexter is counting the days until she has to shutter her daycare center while waiting on $54,000 in late payments from the state.“We’ve used all of our emergency funds — the emergency savings and our personal savings,” said Poindexter.Poindexter has 40 children enrolled in her There’s Fun in Learning Early Learning Center in Joliet. She and other daycare operators that do ...
  • NH Pension Law Challenged In Court Thursday, July 14, 2011 @ 3:06PMA coalition representing New Hampshire public employees has asked a judge to stop the state from charging workers more for their pensions.
  • IMF's Thomsen insists Greece must stick to program Thursday, July 14, 2011 @ 2:28PMSustained reductions in public spending and continuous public finance reform will enable Greece to survive the crisis, Poul Thomsen, director of the International Monetary Fund’s mission to Greece, told Skai Television on Wednesday.
  • New York state pension fund rises to $146.5 billion Thursday, July 14, 2011 @ 2:17PMNEW YORK (Reuters) - New York state's pension fund earned 14.6 percent, rising to $146.5 billion in the 2011 fiscal year that ended on March 31, the state comptroller said on Thursday.
  • Pre-salt plays buoy Brazil's offshore development plans Thursday, July 14, 2011 @ 2:13PMIncreasing domestic oil production has been a long-term goal of the Brazilian government, and recent discoveries of large offshore, pre-salt oil deposits could transform Brazil into one of the largest oil producers in the world.
  • Top-paid state worker was prison doctor: $777,423 Thursday, July 14, 2011 @ 2:00PMThe top-paid state worker in California was a doctor at High Desert State Prison, who reported $777,423 in...
  • Star QBs seek end to lockout Thursday, July 14, 2011 @ 1:32PMNEW YORK -- Calling the players' offer 'fair for both sides," star quarterbacks Tom Brady, Peyton Manning and Drew Brees -- plaintiffs in an antitrust suit against the NFL -- said Wednesday 'it i
  • Getting Naked: Size Matters More Than You Think Thursday, July 14, 2011 @ 1:30PMThe old institutional (and funds-of-funds) adage, “the bigger the fund, the better (safer, more open, etc.)” is taking another hit with the news that Fletcher Asset Management has refused 3 separate state pension systems their redemption requests.
  • Chancellor Says Sheriff's Civil Service Board Cannot Set Pay Thursday, July 14, 2011 @ 1:11PMChancellor Frank Brown has ruled that the Sheriff's Civil Service Board does not have the authority to set pay.
  • Belmont sets salaries, benefits for new fire department personnel Thursday, July 14, 2011 @ 12:47PMThe plan reflects a 10 percent reduction in wages from what Belmont-San Carlos firefighters currently earn, according to a Belmont staff report.
  • Pomona adjusts benefits Thursday, July 14, 2011 @ 12:40PMPOMONA - City Council members have unanimously approved adjustments to some city employees' retirement benefits. Council members approved a resolution affecting executive management as well as members of the Pomona Mid-Management/Confidential Employees Association.
  • Players laud 'fair' offer, but no solution reached Thursday, July 14, 2011 @ 12:46AM- Calling the players' offer "fair for both sides," quarterbacks Tom Brady, Peyton Manning and Drew Brees - plaintiffs in an antitrust suit against the NFL - said Wednesday "it is time" to wrap up negotiations on a deal...
  • City manager fires public works chief Thursday, July 14, 2011 @ 12:44AMLongtime City of Beloit Director of Public Works David Botts was terminated Tuesday morning.
  • Fitch downgrade 'puzzling' - Greece Thursday, July 14, 2011 @ 12:43AMGreece says a three-grade downgrade of its credit status by ratings agency Fitch is 'puzzling'.
  • Analysis: Recent California newspaper editorials Thursday, July 14, 2011 @ 12:43AMThe Associated Press July 12 Torrance Daily Breeze: "Are state salaries too good for government?" Figures released by the state controller last week show that California state government pays more than 1,400 workers in excess of $200,000 a year, and that the highest paid work is done for the Department of Corrections and Rehabilitation — much of it by prison doctors, dentists or nurses. Last ...
  • NFL lockout: Players say 'it is time' to end negotiations Thursday, July 14, 2011 @ 12:08AMCalling the players' offer ''fair for both sides,'' star quarterbacks Tom Brady, Peyton Manning and Drew Brees - plaintiffs in an antitrust suit against the NFL - said Wednesday ''it is time'' to wrap up negotiations on a deal to end the league's lockout.
  • Opinion: Democrats are the real party of ‘no’ Thursday, July 14, 2011 @ 12:02AMBy Tom Del Beccaro New York, New Jersey and California have a lot in common. They’re populous states with Democratic legislative majorities, high taxes and big deficits. The difference, however, is that the New York and New Jersey Democrats have enacted reforms while California Democrats remain the Party of No. Earlier this year, New Jersey’s bond rating [...]
  • Human error led to sick-time snafu, budget director says Wednesday, July 13, 2011 @ 11:56PMHuman error, not a conspiracy, is to blame for former  City Water, Light and Power  general manager Todd Renfrow and six other ex-city employees being paid for unused sick time they were not qualified to receive, the city’s budget director said Wednesday.
  • KCI is being sold in $6.3 billion deal Wednesday, July 13, 2011 @ 11:49PMshare: digg facebook twitter San Antonio wound-care products maker Kinetic Concepts Inc. announced Wednesday it has agreed to be acquired in a leveraged buyout for $4.98 billion in cash from a group that includes London-based private equity firm Apax Partners. Apax's investments include Bankrate Inc., owner of the financial information website of the same name, and PVH Corp., a large apparel ...
  • Home Loan Banks Move to Take Role in BofA Mortgage Settlement Wednesday, July 13, 2011 @ 11:46PMSix federal home loan banks moved to join a case in which a New York judge will rule on an $8.5 billion settlement by Bank of America Corp. with Bank of New York Mellon Corp. over mortgage-securitization trusts.
  • If things don't improve, Obama may lose his job Wednesday, July 13, 2011 @ 11:41PMI am a little confused by all this budget talk coming out of Washington. OK, I'm a lot confused. So I'll assume some of my readers must also be bemused -- I mean confused. The US debt ceiling will be raised. You can count on that. Without this...