Admiral workers expect windfall
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Employees in south Wales are hoping for Â£37,000 payouts as an insurance company prepares to float on the stock exchange.
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By Anne Krishnan, The News & Observer, Raleigh, N.C.  Mar. 8--IBM wants workers to be prepared when it freezes its pension fund next year and switches workers into investments they will have to manage themselves.
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The federally mandated national system is estimated to cost $200 million, but some mariners have already set one up from Maine to New York - for $50,000.
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Procter & Gamble Co. PG.N, the maker  of Tide laundry detergent and Pampers diapers, on Friday said  its top executive earned a base salary of $1.7 million this  year and received other compensation including a $3.5 million  bonus based on the company's strong performance.
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For months, Colgate executives have been hinting that a restructuring was imminent. Still, the scope of the plan that has been unveiled is larger than many analysts had anticipated and is expected to cost $550-$650 million after taxes.
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The top executive at Navistar  International Corp.  signaled on Friday that the  company, which has been struggling to get its finances in  order, was open to buyout offers.
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With their contract due to expire at midnight tonight, union workers at General Electric's aircraft engine plant in Lynn hope a new labor pact comes with an affordable healthcare plan for their retired colleagues.
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The curtain is about to rise on one of the most competitive national seasons for governors races in years, and the money to finance it is already pouring into campaign coffers.
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The admiral in charge of the U.S. effort said today he will begin handing work over to local governments and aid groups.
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FORMER shipyard workers at risk from a killer disease were today thrown a lifeline which could lead to pay-outs worth tens of thousands of pounds.
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A Navy program to build a new combat ship to patrol coastal waters will face another cost increase, government officials acknowledged yesterday, a hit to the service's attempt to keep expenses under control so it can afford a larger fleet.
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The Government Accountability Office and its new union have reached a tentative agreement that will guarantee at least a 4.49 percent pay raise this year to GAO employees who are meeting job expectations.
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CAMBRIDGE -- The 40-year-old Head of the Charles Regatta is in financial trouble, and if there is no help soon, the future of the regatta will be in question.
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Admiral Acquisitions, the Goldman   Sachs-led consortium which is buying Associated British Ports   (AB ports) for 2.8 billion pounds, has launched syndication of   the loan financing backing the buyout, banking sources close to   the deal said on Monday.
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By JOSEPH WHITE AP Sports Writer. a job that might last only a few months while the team is being sold. funding for a new ballpark.
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Buyout firm Fortress Investment Group on Monday raised its offer for Stelmar Shipping Ltd. (SJH.N: Quote, Profile, Research) by about 4 percent to $703 million, but Stelmar&#39;s
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Contract for 72 Eurofighter Typhoon aircraft likely to be much higher than published sum.