With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
Like your comments. Too many on this site have forgotten that humans had banded together in groups for the betterment of the individual. Companies probably should offer gym memberships first, along with coaching. There are people who do need a wake up call before they hit bottom and are clutching at their chest while working on a stressful project. There are so many simple ways people can improve their health, but it is tough to implement. My company has donut day every Thursday - it has gotten to the point that there would be an insurrection if the donuts were skipped.
As Q1 earnings season kicks off, the overall tone is more bearish than usual and negative company warnings have outpaced positive revisions nearly five-to-one. Earnings growth is expected to gain by just 1.6%, compared to 6.2% last quarter. The negative warnings are also higher than usual - with 108 negative revisions for S&P 500 companies. When compared to the 23 positive revisions, it is the worst pace in 12 years. [View news story]
Now now, let's be serious MI - the negative warnings will turn into pleasant surprises when the real earnings are presented.
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
Airline seats are a nightmare when you sit next to a normal sized person.
U.S. stocks are overbought, says reknown perma-bear Marc Faber, and any more near-term gains are going to be big trouble for the market. As we continue to move higher, the probability of a crash becomes higher as well. The next crash, he says, could be worse than the one that crushed world markets in 2008. "The next crisis could lead to a deflationary bust. And a bust in governments. In other words, we may have a total collapse in confidence in the system." [View news story]
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
Tack - I am as sick as you of fellow citizens feeling that society owes them something without contributing anything themselves. Too bad not everybody pitches in, wouldn't this be a great country.
Even for many who work their butts off, "freedom" from a healthcare catastrophe is just one stroke of bad luck away. Is it up to society to set up a system so that one doesn't lose their home, and then their life, because of inadequate healthcare? I work with someone who in a previous job had the company's health insurance canceled in the middle of his wife being treated for breast cancer. Long story short, the guy now lives in a one bedroom apartment after losing his five bedroom house, and his wife passed away.
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
It's called living in a society, Tack, not everyone for themselves. We wouldn't have banded into groups thousands of years ago if it wasn't beneficial to the individual. That being said, back then, those who didn't carry their weight didn't share food.
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
Insurance companies have a problem with this. Those who get the test and have significant potential health issues down the road will pay for health insurance. Those who don't have looming issues will diss insurance. Companies are stuck with just those who have the impending costs. It's like selling fire insurance to only homeowners who smoke in bed.
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
I see it the other way. People scream when the government gets into their lives, but when the company you work your butt off for wants to dig into your life, it's ok.
That being said, this "liberal" who works outs and watches what he eats does not want to subsidize those who are killing themselves care-free living.
Disclosure: I do own MCD (but never eat there) - there's hypocrisy for ya Tack - but I am human, after all!
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
Why is the "end of the world" scenario so intriguing to people? Boring lives? Need of some excitement? Be careful what you wish for!
As the markets churn ever higher, the potential for a "Black Swan" type event becomes a worrisome proposition, says CNBC's John Carney. He cites three possible catalysts: The first is too much risk. It took down the market in 2008, and could do so again. Next , rising household debt and a second housing bubble. Lastly, a faltering economy. The market's rebound has been predicated on unconventional stimulus policies from the Fed and faith in an economy that is progressing on the road to recovery. But anemic Q2 growth and weakening job numbers could easily derail that thesis, and with it the entire gravy train. [View news story]
Black swans are unforeseen events, not the run of the mill events mentioned.
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
Yes, exactly - there is a good reason why the world banks in the USA. To paraphrase Churchill, we have the worst banking system in the world, except for all the rest.
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
Number one banking tax haven country in the world - USA.
Credit card delinquencies fell to 2.47% in Q4, according to the ABA, the lowest level since 1994. It's a combination of more conservative consumers and banks with far tighter credit line approval standards. Delinquencies on other debt - home equity and auto loans - also fell during Q4. [View news story]
Many don't realize the great deleveraging that is going on in this country.
Credit card delinquencies fell to 2.47% in Q4, according to the ABA, the lowest level since 1994. It's a combination of more conservative consumers and banks with far tighter credit line approval standards. Delinquencies on other debt - home equity and auto loans - also fell during Q4. [View news story]
And the current homicide rate in Chicago is the lowest since 1959. Why can't we bare good news?
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
As Q1 earnings season kicks off, the overall tone is more bearish than usual and negative company warnings have outpaced positive revisions nearly five-to-one. Earnings growth is expected to gain by just 1.6%, compared to 6.2% last quarter. The negative warnings are also higher than usual - with 108 negative revisions for S&P 500 companies. When compared to the 23 positive revisions, it is the worst pace in 12 years. [View news story]
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
U.S. stocks are overbought, says reknown perma-bear Marc Faber, and any more near-term gains are going to be big trouble for the market. As we continue to move higher, the probability of a crash becomes higher as well. The next crash, he says, could be worse than the one that crushed world markets in 2008. "The next crisis could lead to a deflationary bust. And a bust in governments. In other words, we may have a total collapse in confidence in the system." [View news story]
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
Even for many who work their butts off, "freedom" from a healthcare catastrophe is just one stroke of bad luck away. Is it up to society to set up a system so that one doesn't lose their home, and then their life, because of inadequate healthcare? I work with someone who in a previous job had the company's health insurance canceled in the middle of his wife being treated for breast cancer. Long story short, the guy now lives in a one bedroom apartment after losing his five bedroom house, and his wife passed away.
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
With their healthcare costs ballooning, many companies have started to penalize fat employees with regards to healthcare coverage, raising all sorts of legal, privacy and discrimination questions. Michelin North America, for example, plans to cut healthcare credits for staff who fail to meet requirement for waistline and other metrics, and don't sign up to health programs. Other companies making similar moves include Mohawk (MHK), CVS and Honeywell (HON). [View news story]
That being said, this "liberal" who works outs and watches what he eats does not want to subsidize those who are killing themselves care-free living.
Disclosure: I do own MCD (but never eat there) - there's hypocrisy for ya Tack - but I am human, after all!
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
As the markets churn ever higher, the potential for a "Black Swan" type event becomes a worrisome proposition, says CNBC's John Carney. He cites three possible catalysts: The first is too much risk. It took down the market in 2008, and could do so again. Next , rising household debt and a second housing bubble. Lastly, a faltering economy. The market's rebound has been predicated on unconventional stimulus policies from the Fed and faith in an economy that is progressing on the road to recovery. But anemic Q2 growth and weakening job numbers could easily derail that thesis, and with it the entire gravy train. [View news story]
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
Yes, exactly - there is a good reason why the world banks in the USA.
To paraphrase Churchill, we have the worst banking system in the world, except for all the rest.
The expropriation of wealth that happened in Cyprus will happen everywhere, warns Marc Faber. Growing wealth inequality means that the wealthy have nowhere to hide and similar events like those in Cyprus will happen in more countries around the world, including developed nations, where wealthy people will lose part of their wealth, either through expropriation or higher taxation. "You have to be prepared to lose 20 to 30%," Faber says. "I think you're lucky if you don't lose your life." [View news story]
Credit card delinquencies fell to 2.47% in Q4, according to the ABA, the lowest level since 1994. It's a combination of more conservative consumers and banks with far tighter credit line approval standards. Delinquencies on other debt - home equity and auto loans - also fell during Q4. [View news story]
Credit card delinquencies fell to 2.47% in Q4, according to the ABA, the lowest level since 1994. It's a combination of more conservative consumers and banks with far tighter credit line approval standards. Delinquencies on other debt - home equity and auto loans - also fell during Q4. [View news story]