GE"s gaping pension deficit just a tiny part of a $269 billion gap

General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement......»»

General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement......»»

General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement......»»

General Electric Co. said Monday it is freezing pensions for about 20,000 U.S. employees with salaried benefits, as part of its plan to reduce its pension deficit by up to $8 billion......»»

Britain's BAE Systems is looking to raise $1.3 billion in debt to fund its pension deficit and repay related loans, the company said on Wednesday, as it prepares to deal with the fallout of the coronavirus outbreak......»»

Canada posted a trade deficit of C$1.09 billion ($0.84 billion) in November, thanks in part to a major railway strike that slowed the shipment of imports and exports, Statistics Canada said on Tuesday......»»

General Electric"s $22.4 Billion Pension Deficit Isn"t What It Seems.....»»

FedEx originally defended its $0 tax bill with in part because of a "voluntary contribution of $1.5 billion" to its pension fund......»»

General Electric Co said on Monday it was freezing pension plans for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate makes another drastic move to cut debt and reduce its pension deficit by up to $8 billion......»»

Oregon Gov. Kate Brown on Thursday proposed retaining $500 million of the expected $1.4 billion kicker tax rebate. Brown proposed spending $250 million of the money to pay down some of the estimated $27 billion deficit of PERS, the pension fund for.....»»

The federal government racked up a $214.1 billion deficit in August, double the red ink from a year ago, although a big part of that increase reflected quirks in the calendar......»»

The federal budget deficit surged to a record for the month of November of $204.9 billion, but a big part of the increase reflected a calendar quirk......»»

Brazilian President Jair Bolsonaro’s new government is moving quickly to impose changes to the economy intended to boost sluggish growth, while signalling plans to cut the deficit in part by scaling back Brazil’s pension system......»»

The city of St. Louis will be awarded federal funding for residential solar projects as part of two coalition groups that are among 60 chosen to receive a combined $7 billion in awards......»»

First Quantum's mine was shut down because the company couldn't rea.....»»

State and local governments often think that issuing debt to pay down their unfunded pension liabilities, but there are lots of reasons to be wary of the practice......»»

The California State Teachers' Retirement System has named Cassandra Lichnock as the new CEO of the $300 billion retirement fund. Lichnock will be the first female CEO of the pension plan, whose participants are 75% female, CalSTRS said. "Cassandra’s.....»»

Officials have struggled to respond to the surge of migrants, and this financial reshuffling is part of the White House's attempt to mitigate it. A Border Patro.....»»

The project is estimated to cost $2 billion and is part of President Joe Biden's agenda to reduce carbon emissions in the US. R.....»»

The proposal to deliver $8 billion in new cash payments to millions of Californians amid the COVID-19 pandemic is part of a $100-billion state budget that has swelled.....»»