By Dan Jones; Light Reading ~ Aug 03, 2017
AT&T Mobility CEO Glenn Lurie is set to retire on September 1.
The Wall Street Journal originally reported that Lurie will step down in 2018, and AT&T now confirms that the executive’s retirement date will be September 1, 2017. Lurie, formerly AT&T Inc.
By Stan Choe; The Associated Press ~ Aug 03, 2017
NEW YORK (AP) — Did you notice that your toe doesn’t hurt because you didn’t stub it today?
We tend to pay the closest attention to things when they’re going badly, and the same is true of the stock market. When stocks crashed during the financial crisis in 2008, phone lines for financial advisers and 401(k) providers were jammed with panicky investors.
By Sarah Karlin-Smith; Politico ~ Aug 03, 2017
The Senate approved a bill Thursday that would allow seriously ill patients in all 50 states to request access to experimental medicines without Food and Drug Administration approval.
From Howard Gleckman; Forbes ~ Aug 02, 2017
Two of the greatest sources of frustration for Medicare recipients and their families are hospital observation status and the government’s incredibly complex appeals process. On Monday, a federal judge in Hartford, CT certified a class action lawsuit aimed at addressing both.
From H.W. Brands; The Hill ~ Jul 30, 2017
When the Social Security Act of 1935 was being drafted, liberals chided Franklin Roosevelt for the measure’s funding method, via payroll taxes, which did little to redistribute wealth from the rich to the poor.
Roosevelt responded that the critics misunderstood the purpose of the payroll taxes. “We put those payroll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and the unemployment benefits.
Fox Business ~ Jul 25, 2017
Despite President Trump’s disdain for Time Warner’s (TWX) cable network CNN, AT&T CEO Randall Stephenson (T) remains confident the $85 billion deal will get done.
“We continue to expect the Time Warner deal to close by year-end and further transform the company” said Stephenson in the company’s latest earnings statement released late Tuesday.
From David Lazarus; Los Angeles Times ~ Jul 25, 2017
Scott Gottlieb, head of the Food and Drug Administration, wasted no time in his opening remarks at a forum last week on high drug prices.
“The fact is that too many people can’t afford the medicines that they need,” he declared.
On that, I hope, we can all agree.
By Carol Wilson; Light Reading ~ Jul 24, 2017
Network operators are “uniquely positioned” to convert their central offices and cell towers into distributed computing facilities to support a wide range of third-party applications including self-driving cars, industrial robotics and augmented/virtual reality, a top AT&T executive is saying.
By Jeanne Sahadi ; CNNMoney ~ Jul 24, 2017
Republicans in Congress are gearing up to fight for lower tax rates. But how do you pay for those cuts? One possible solution on the table: Taxing you on your retirement savings up front.
Several people in the retirement savings industry fear that lawmakers will choose to “Rothify” some or all of employees’ 401(k) contributions.
By Susan Jones; Cybercast News Service ~ Jul 21, 2017
(CNSNews.com) – The best way to get health care reform through Congress is to make members of Congress live under Obamacare, Sen. Ron DeSantis (R-Fla.) told Fox News on Friday:
They were supposed to be under the statute, but what happened was, when it was being implemented in 2013, the Obama administration issued an administrative rule which effectively exempted Congress from what would happen under Obamacare.
