Stock woes cause Aflac executives to trim, give up bonuses

Aflac Chairman and CEO Daniel P. Amos is giving up his 2008 bonus —- a payout that would have netted him $2.8 million —- because of the Columbus-based supplemental insurer’s depressed stock price.
Kriss Cloninger III, the company’s president and chief financial officer, is reducing his bonus by 35 percent or about $477,000.
The announcements, made after the close of markets Monday, come even though Aflac executives Read the rest of this entry »

February 21, 2009 | , , , , , , ,
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Bill would give communities more say in coastal management

Monday, February 16, 2009
ANCHORAGE, Alaska -- Local governments want more of a say about development off the coast of their communities.
State lawmakers are considering a complex bill challenging state coastal management. The bill is opposed by the oil industry and Gov. Sarah Palin.
The bill would revise the Alaska Coastal Management Program for the second time in six years. Supporters want to return to the process used before it was revised Read the rest of this entry »

December 14, 2008 | , , , , , ,
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Steve Rosen's Kids & Money: Give your kids a credit card? Umm…no

A few weeks ago, I was asked by an opinion research organization for my thoughts on a new product under consideration — a “family” credit card that parents and children could use.
It didn’t take me long to make my point.
“That’s one of the worst ideas I’ve ever heard of,” I told the researcher.
Wait a second, she said. “Would it change your mind if I told you that the card could be a great way to teach children about using Read the rest of this entry »

November 6, 2008 | , , , , , , ,
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Don't Give Up On Investing In This Market

There's a lot of information out there about the markets and our current economic condition (most it politically spun or just plain wrong). Before you decide to abandon investing there are some basic things you should understand to avoid losing money and missing out on opportunities to grow your retirement.
Don't be discouraged. Despite your track record, or what you might have heard, you
or. There really aren't any secrets, just a lot to learn. Read the rest of this entry »

November 1, 2008 | , , ,
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The feds give, California takes — so how much money do we have?

In case you haven't heard, the federal government is about to give: It's offering tax breaks, college grants, unemployment help, even money to weatherize your house.
But California, wouldn't you know it, wants to take away: It's planning cuts in education and health care benefits for the poor, and to increase taxes on everything from your T-shirt to your car — and the gasoline you'll need to put in it.
Which raises an interesting question: Read the rest of this entry »

October 2, 2008 | , , , , , ,
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Profit Reports Give Wall Street a Lift

The major indexes briefly stumbled after the Conference Board said its Consumer Confidence Index in January slipped to its lowest level since the index's inception in 1967. The report indicated that consumers, who have already cut back drastically, are likely to remain reluctant to spend in the coming months. The index from the private research group slipped to 37.7 in January from a revised 38.6 in December.
Profit reports from U.S. Steel and American Read the rest of this entry »

September 20, 2008 | , , , , ,
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Assets and Subscriber Fees Give ESPN Edge in Bidding

, it is called a beautiful business model: billions of dollars flowing from subscribers and advertisers combined with a gaggle of cable networks, online firepower, a magazine, a radio network and international operations to show the sports it acquires.
The model does not make ESPN all powerful, but it gives it a major advantage over its competitors — the sports divisions of CBS, Fox and
, all of them traditional broadcast networks that derive Read the rest of this entry »

June 29, 2008 | , , , , , ,
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Don't give Bush control over $350 billion in bailout money

By Yael T. Abouhalkah, Kansas City Star Editorial Page columnist
apparently wants his administration to get control over the $350 billion in remaining bailout funds.
The current Democratic-controlled Congress should not let that happen with the Troubled Asset Relief Program (TARP). Here's why:
, Treasury Secretary nominee
and a new financial team take over control of the White House in just 10 days.
They are the ones who should guide use Read the rest of this entry »

June 27, 2008 | , , , , , ,
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Mets should take Citi's money, give it to Manny

What to do, what to do, what to do?
Easy.
Clearly, the Mets want to keep that money and Citi still wants to spend it. Here's how:
.
Voil ... ! No more problem. No more embarrassment. No longer a need for either side to feel ashamed of itself or its partners.
Manny and the Mets is a match so perfect it is truly amazing that it hasn't already been made. But now that Manny has rejected the Dodgers' one-year, $25-million offer, and with no apparent Read the rest of this entry »

May 20, 2008 | , , , , , ,
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iPhone sales give Apple 2nd place in global market

Defying the effects of the credit crunch, overall smartphone shipments hit a
new high of about 40 million devices, an increase of 28 per cent on the same
period last year.
And despite being pushed into second place, BlackBerry shipments still grew
by over 80 per cent, with RIM claiming a 15.2 per cent share of the market.
Nokia was still the unchallenged leader of the market with over 15 million
units and a 38.4 per cent market share, but the Read the rest of this entry »

April 29, 2008 | , , , , , ,
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