Should Companies Profit When Employees Die?
Some companies have found a very creepy way to increase their bottom line. They are buying life insurance policies for employees in which the company and not the family receives the tax free payout in the event of the employees death. Millions of American workers have no knowledge that these policies have been taken out […]
In: Business Stories · Tagged with: Amp, Awkward Nature, Bottom Line, Buying Life Insurance, Crazy Twist, Dow Chemical, Financial Benefit, Insurance, Janitor, Life Insurance Policies, Life Insurance Policy, Life Policies, Likelihood, Loophole, Peasant, Salary Information, Walmart, Whole Life
Extended Unemployment Benefits to Expire November 30th
For millions of Americans, extended unemployment benefits will expire on November 30th. Last week, a measure to extend the benefits under the current tier system was blocked by House Republicans. These are the same individuals that would like to stop a proposed tax increase on individuals earning more than $250,000 per year. They argue that […]
In: Job Search Advice · Tagged with: Current, Economic Hardship, Economy, Emergency Assistance, Extended Unemployment Benefits, Job Security, Leadership, Likelihood, Medical Benefits, Money, New Jobs, Partisanship, Political Pawns, Republicans, Salary Information, Shameful Situation, Tier System
TAXPAYERS FACE LOSSES ON GM’S INITIAL PUBLIC OFFERING
By Mark Kleis Several sources familiar with the preparations of General Motors’ upcoming initial public offering are, according to the latest projections, suggesting that American taxpayers could take a loss on the offering, potentially pushing off payback for years. The U.S. taxpayers currently lay claim to a 61 percent ownership stake in GM, meaning taxpayers […]
In: Business Stories · Tagged with: American Taxpayers, Automaker, Economic Uncertainty, General Motors, Gm, Incentives, Initial Public Offering, Ipo, Likelihood, Market Valuation, November 2nd, Ownership Stake, Payback, Reuters, Roadshow, S Market, Salary Information, Selling Shares, Target Value, Wall Street
