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Citizens Communications 1Q profit falls on higher expenses STAMFORD, Conn. (AP) - Telecom service provider Citizens Communications Co. said Monday its first-quarter profit dropped 33 percent, weighed down by increased operating expenses. AOLProposed regs require full disclosure of 401(k) fees Over the past 10 years, the U.S. Department of Labor has attempted to assist companies that sponsor 401(k) plans with information booklets and worksheets to facilitate their fiduciary responsibilities under the Employee Retirement Income Security Act of 1974. This information is meant to help dissect 401(k) plan fees charged by service providers to determine if they are reasonable, as required by ERISA, and to ensure there are no conflicts of interest among service providers that could be detrimental to plan participants. Bizjournals.comDaily Report: Dollar Retreats Mildly as Markets Consolidate, ISM Services Watched Dollar retreats mildly today as markets consolidate last week's gains. Focus turns to ISM non-manufacturing index. The services composite index dived below 50 expansion/contraction level in Jan and reached a low of 44.6 there. Even though the index did recovered in the following months, it's still being kept below 50.... actionforex.comNew Credit Scores (http://www.money-zine.com/Category/Debt-Consolidation/)In an attempt to better service the creditworthiness assessment market, several of the credit bureaus have announced what are termed thin-file credit scores for individuals with thin credit histories. By doing so, these credit bureaus allow lenders and creditors to reach an under-served market of Americans with little or no traditional debt payment records. money-zine.comNot Asked What They Can Do for Their Country Asking makes a difference. Roughly a third of young Americans would give a 'great deal of consideration' to entering government service if asked by their parents, a teacher or -- surprisingly -- the next president of the United States, according to a Gallup survey. washingtonpost.comLegislation Proposed to Eliminate Employment Taxes on Employer-Provided Cell Phones. The use of cell phones is a fact of life today. Many employees are provided cell phones or BlackBerries (or similar devices) by their employers, and, until recently, very few employers gave much thought to doing so. That is starting to change, however, thanks to the Internal Revenue Service. Recently, the IRS has begun to include the issue of personal use of company-provided cell phones in its audits. Elinfonet.com |
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