Word: scrapped
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...than the original. The 3½ million retirement accounts in the TIAA-CREF system have an account that is on average 50% higher than the average 401(k). Ferguson pitched his company's solution to the retirement-savings problem to TIME. (Listen to TIME's Financial Toolkit: Should We Scrap...
...done that, in part, by jettisoning the post-Cold War hubris of his predecessors who acted as if Russia's strategic interests, and its nuclear arsenal, no longer mattered. Instead, the progress has come in traditional quid-pro-quo arrangements, most notably President Obama's decision to scrap an as-yet hypothetical missile shield on Russia's doorstep. Still, the world's two nuclear powers plan to negotiate reductions to their own arsenals, and to take the lead in strengthening global efforts against further proliferation. (See pictures of Obama in Russia...
...Dairy farmers say they have yet to feel the effects of the E.U.'s market intervention. They have called on the E.U. to immediately abandon its plans to scrap the milk quotas and implement new, more stringent production curbs to make milk scarcer and thus more expensive. (See pictures of urban goat-breeding...
Plenty of political concerns have been raised over President Barack Obama's decision to scrap plans to deploy a missile-intercept system in Poland and the Czech Republic. "It's better these days to be a U.S. adversary than its friend," lamented the Wall Street Journal in a Friday, Sept. 18, editorial, implying that the U.S. caved in to Russia in abandoning the missile system. But just because Russia had furiously opposed the missile shield on its doorstep doesn't necessarily mean building it would have been a good idea. The military rationale for Obama's move is hard...
...contends that consumers could actually be hurt by lower fees if banks decide to scrap rewards programs, raise interest rates on credit cards or reinstate annual credit-card fees to offset the lost interchange-fee revenues. (Read "Exposing the Credit-Card Fine Print...