Jilian's Feed
Dec 24, 2011

Mentally ill flood ER as states cut services

CHICAGO/NEW YORK (Reuters) – On a recent shift at a Chicago emergency department, Dr. William Sullivan treated a newly homeless patient who was threatening to kill himself.

“He had been homeless for about two weeks. He hadn’t showered or eaten a lot. He asked if we had a meal tray,” said Sullivan, a physician at the University of Illinois Medical Center at Chicago and a past president of the Illinois College of Emergency Physicians.

Dec 23, 2011

How to create a family charity tradition

NEW YORK (Reuters) – Like most families, Susan Colpitts has many holiday traditions, but she particularly values one that she started several years ago. At Christmas she gives each of her children a blank check for $25. Her three daughters – now 23, 21 and 17 – have a week to decide what charity will receive the money.

It’s one of the ways Colpitts, a financial adviser in Norfolk, Virginia, teaches her children about philanthropy, something she thinks parents need to encourage on a daily basis through discussions, donations and volunteering. “So many of the values we teach our children happen across the dinner table,” she says. “It’s not just giving, it’s also about volunteering.”

Dec 15, 2011
via Reuters Money

Investors prepare for more volatility in 2012

Whether or not Europe resolves its banking crisis, the United States its deficit orĀ China its cooling economy, U.S. investors should be prepared for more volatility in 2012.

This year’s roller coaster sent billions of dollars to the sidelines but also rewarded many investors who stuck with bonds and dividend-producing funds. These are some of the key issues fund managers, such as Dan Fuss of Loomis Sayles and David Giroux of T. Rowe Price (TROW.O), will examine during the 2012 Reuters’ Global Investment Summit Outlook taking place next week in New York, London and Hong Kong.

Dec 7, 2011

Unsettled markets to dominate 2012 investment climate

NEW YORK (Reuters) – Money managers are bracing for more market volatility and political uncertainty as they weigh their investment choices in 2012, reiterating a warning that simply holding cash won’t completely insulate investors from losses.

The uncertainty stems from Europe’s unresolved debt crisis, which faces a big test later this week in Brussels when European Union leaders meet to hash out an agreement on budget discipline, as well as major elections in nearly half of the Group of 20 nations in 2012.

Dec 2, 2011

Investors prepare for more volatility in 2012

NEW YORK (Reuters) – Whether or not Europe resolves its banking crisis, the United States its deficit or China its cooling economy, U.S. investors should be prepared for more volatility in 2012.

This year’s roller coaster sent billions of dollars to the sidelines but also rewarded many investors who stuck with bonds and dividend-producing funds. These are some of the key issues fund managers, such as Dan Fuss of Loomis Sayles and David Giroux of T. Rowe Price, will examine during the 2012 Reuters’ Global Investment Summit Outlook taking place next week in New York, London and Hong Kong.

Nov 30, 2011

American Airlines workers face pension plight

NEW YORK, Nov 30 (Reuters) – Millions of Americans remember
US Airways pilot Chesley B. “Sully” Sullenberger III. In 2009,
he became an instant hero for saving 155 lives by landing on
New York City’s Hudson River when his aircraft lost power after
it was struck by birds shortly after taking off.

But few know that – like thousands of other airline
employees – Sullenberger was struggling financially at the time
because two US Airways bankruptcies had derailed his pension
and slashed his salary 40 percent.

Nov 21, 2011

Help Wanted USA: Hiring hotspots emerge, but mobility an issue

NEW YORK (Reuters) – It’s not like the people in Fort Wayne, Indiana aren’t sympathetic with America’s unemployed. It’s just that they’re not seeing as many of them as the rest of us.

While most of the country is saddled with stubbornly high unemployment, numerous new construction projects and thousands of new jobs have made this Midwestern city of nearly 250,000 a pocket of relative prosperity.

Nov 21, 2011

Help Wanted USA: Hiring hotspots emerge, but mobility an issue

NEW YORK, Nov 21 (Reuters) – It’s not like the people in
Fort Wayne, Indiana aren’t sympathetic with America’s
unemployed. It’s just that they’re not seeing as many of them
as the rest of us.

While most of the country is saddled with stubbornly high
unemployment, numerous new construction projects and thousands
of new jobs have made this Midwestern city of nearly 250,000 a
pocket of relative prosperity.

Nov 3, 2011

Credit union business grows as consumers sour on banks

Nov 3 (Reuters) – The big banks may have dropped the debit
card fees, but the credit unions are the ones picking up the
business.

Long touted by consumer groups as a more consumer-friendly
option than large commercial banks, the nation’s not-for-profit
credit unions saw a significant jump in new members and
deposits last month as momentum in the Occupation Wall Street
campaign has increased, and many of the big banks rescinded,
debit card fees.

Oct 31, 2011

Insight: Firms to charge smokers, obese more

By Jilian Mincer

(Reuters) – Like a lot of companies, Veridian Credit Union wants its employees to be healthier. In January, the Waterloo, Iowa-company rolled out a wellness program and voluntary screenings.

It also gave workers a mandate – quit smoking, curb obesity, or you’ll be paying higher healthcare costs in 2013. It doesn’t yet know by how much, but one thing’s for certain – the unhealthy will pay more.