(Reuters) - A New York court designated a pension fund as the lead plaintiff in a lawsuit filed by shareholders of Elan Corp <ELN.I> against SAC Capital, a court filing showed, as the hedge fund continued to face varied legal challenges over insider-trading charges.Full story
NEW YORK (Reuters) - New York City has settled a lawsuit in which the federal government accused it of improperly reducing retirement benefits for current and former police officers who served in the military after September 11, 2001. Full story
A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them. Full story
Will a shift in strategy threaten Japan's $1 trillion public pension fund? CNBC's Rick Santelli takes a look at possible risks associated with the country's reallocation plan.
CNBC's Rick Santelli takes a closer look at the skyrocketing costs of pensions.
CNBC's Rick Santelli talks with Brian Graff, American Society of Pension Professionals and Actuaries CEO, about who will get hurt the most in a proposal that limits pension contributions.
L.A. mayoral candidate Wendy Gruel talks about her focus on the issues impacting the residents of Los Angeles, specifically jobs because the city has a “high unemployment rate, higher than the national average.”
Chris Hayes’ New York City mayoral roundtable debate housing, education, income disparities, and what drives people to and from the city.
Eugene's fridge which contains food collected from garbage containers is seen at his home in Nice June 13, 2013. Eugene, an 87-year-old retired Frenchman is a former interior decorator, and a pensioner of 24 years, he lives in Nice and is the owner of a small apartment in a bourgeois district of th
Eugene, an 87-year-old retired Frenchman, prepares to cook dinner with food collected from garbage containers next to a supermarket in Nice June 11, 2013. A former interior decorator, and a pensioner of 24 years, Eugene lives in Nice and is the owner of a small apartment in a bourgeois district of
French Prime Minister Jean-Marc Ayrault reacts as he delivers a statement about pensions at the Hotel Matignon in Paris, June 14, 2013. REUTERS/Christian Hartmann
Eugene, an 87-year-old retired Frenchman, sits on bench while waiting for garbage containers next to a supermarket in Nice June 10, 2013. A former interior decorator, and a pensioner of 24 years, Eugene lives in Nice and is the owner of a small apartment in a bourgeois district of the city. Althoug
