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A look at pension problems, solutions in US cities

Written By Unknown on Senin, 07 Oktober 2013 | 00.52

CHARLESTON, W.Va.: Bigger and bigger pension costs were draining the city's general fund until a new law helped the city to set aside more assets for future benefits. The city also created a new plan providing less generous benefits for new police and...
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Lew warns of dangers if borrowing limit not raised

WASHINGTON — Treasury Secretary Jacob Lew says it will be "dangerous" and "reckless" for Congress to pass an October deadline without raising the government's borrowing limit. Lew said Sunday that on Oct. 17 the government will lose the capacity to...
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Morocco's unemployed march to demand jobs

RABAT, Morocco — Some 2,000 jobless Moroccans marched through the capital Sunday, demanding the government sort out the nation's unemployment by giving them jobs in public sector. Like the rest of North Africa, youth unemployment, especially among university...
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Local fight rages in Maine over tar sands oil

SOUTH PORTLAND, Maine — A proposed ordinance designed to block tar sands oil from being transported to South Portland has set off a fiery debate over what impact it will have on the community and the city's bustling waterfront. Opponents of the thick,...
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Sloppy Silicon Valley techies find their style

SAN JOSE, Calif. — The Silicon Valley has had a men's fashion problem dating back to its founders. From their inception, tech companies went out of their way to be different. There would be no more top-down management, cubicles or business suits. Thus...
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5 achievements that haven't won a Nobel Prize

STOCKHOLM — The announcements of this year's Nobel Prize winners will start Monday with the medicine award and continue with physics, chemistry, literature, peace and economics. The secretive award committees never give away any hints in advance of who...
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Some anti-drilling activists change tactics, tone

PITTSBURGH — For years, activists have warned that fracking can have disastrous consequences — ruined water and air, sickened people and animals, a ceaseless parade of truck traffic. Now some critics are doing what was once unthinkable: working with...
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2 storm-delayed cruise ships head to New Orleans

NEW ORLEANS — Carnival Cruise Lines says two cruise ships delayed by the storm system Karen should get to New Orleans within 30 minutes of each other Sunday — a day earlier than previously expected. The storm, which dissipated Sunday, delayed arrival...
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Spaniards protest gas storage plant after quakes

MADRID — Thousands of Spaniards on Sunday protested the presence of an underground gas storage plant over growing fears it is triggering minor earthquakes in the area. Initial police estimates said some 3,000 people had gathered to carry banners along...
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BP trial to focus on scientists' spill estimates

NEW ORLEANS — When BP used a capping stack to seal its blown-out well in the Gulf of Mexico, the device didn't just shut the source of the nation's worst offshore oil spill. Its pressure gauge also provided scientists with crucial data about the rate...
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