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Investing |

World Markets Bounce Back in 2001

January 2, 2002 (PLANSPONSOR.com) ? Despite a rough year for equities, 14 stock markets around the world managed to record gains during 2001, according to Merrill Lynch.
Investing |

Tech Stocks Top S&P 500, Dow in 2001

January 2, 2002 (PLANSPONSOR.com) - Computer graphics chipmaker NVIDIA was the best performing stock in the S&P 500 in 2001, climbing 308% for the year according to Instinet...
Compliance |

Michaels Settles Back Pay Lawsuit

February 1, 2002 (PLANSPONSOR.com) - Aaron Brothers Inc., a unit of arts and crafts retailer Michaels Stores, has settled a lawsuit claiming it didn't properly pay overtime to...
Benefits |

Towers: Watch Out for "Job Scanners"

January 2, 2002 (PLANSPONSOR.com) - Employees who are actively job searching or would jump on a lucrative offer are, job scanners, who represent 'a potential time bomb' for...
Compliance |

Bush Unveils Pension Proposal

February 1, 2002 (PLANSPONSOR.com) - Drawing an analogy between a new era of individual and corporate responsibilities, President George W. Bush today unveiled a new series of pension...
Compliance |

COBRA Rights OK if Employer Acts In Good Faith

February 1, 2002 (PLANSPONSOR.com) - Companies don't have be certain that former employees receive notice of their medical benefits rights under the Consolidated Omnibus Budget Reconciliation Act (COBRA)...
Benefits |

Tech Job Losses Slowing

December 31, 2001 (PLANSPONSOR.com) - Fewer laid-off technology workers hit the street in December, with the lowest number of announced monthly firings in 18 months, according to a...
Investing |

Small Caps Loom Large in 2001

December 31, 2001 (PlANSPONSOR.com) - It's been a bad year for US mutual funds - in fact, US diversified stock funds are down 10.6% through last Thursday -...
Investing |

Initial Claims Spike after 3-Week Decline

December 28, 2001(PLANSPONSOR.com) - After falling for three consecutive weeks, the number of the unemployed lining up to claim unemployment benefits edged up by 7,000 in the week...
Investing |

Mass Layoffs Mount In November

December 28, 2001 (PLANSPONSOR.com) - Some 2,699 mass layoff actions, those involving 50 or more employees, occurred in November, according to the Bureau of Labor Statistics.