Word: retirees
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Bernice Garelick, 60, had felt sure that her husband Elias, a dentist, could retire in a few years and spend more time with her. But the crash shook her confidence. The Lindenhurst, N.Y., couple watched helplessly last week as their $300,000 portfolio of stocks sank in value by 20...
BEFORE HARVARD enters the 21st century, one-third of its current faculty is expected to retire. This turnover presents the University with the perfect opportunity to diversify its faculty. But if there is to be a more diverse faculty, there must be a more diverse pool of scholars from which...
...plant in Belvidere, Ill., where most production was shut down for lack of Canadian-made parts, and 500 additional employees at a stamping plant operated by the firm in Warren, Mich. The Canadian union ended its walkout after four days, when Chrysler agreed to index the pensions of future retirees to inflation, up to an annual rate of 6%. The top rate will be 5% for current pensioners. Union leaders hope that the provision will encourage older workers to retire, helping preserve the jobs of younger workers...
The transatlantic telephone call came shortly after 9 a.m. last Tuesday, just as National Security Adviser Frank Carlucci was leaving Santa Barbara, Calif., to join Ronald Reagan for a trip to Los Angeles. The caller, Horst Teltschik, had news that would please the President. The West German National Security Adviser...
The Iran-contra deals could lead to indictments against North, Secord and former National Security Adviser John Poindexter. Associates of Poindexter's said last week the admiral intends to retire Oct. 1, well before he might have to stand trial. North's magic, meanwhile, seems to have faded. A recent...