Rescue Package Includes $86 Billion Bailout for Failing Pensions
Democrats pushed through a big aid measure for multiemployer pensions whose problems predate the pandemic.
Senator Sherrod Brown, a Democrat from Ohio, has been leading the effort to rescue the ailing pension plans.Credit.Alex Brandon/Associated Press
March 7, 2021
Tucked inside the $1.9 trillion stimulus bill that cleared the Senate on Saturday is an $86 billion aid package that has nothing to do with the pandemic.
Rather, the $86 billion is a taxpayer bailout for about 185 union pension plans that are so close to collapse that without the rescue, more than a million retired truck drivers, retail clerks, builders and others could be forced to forgo retirement income.
Google offered therapy for workers racism and sexism complaints
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A Revamped Classic Virginia Hotel Reopens This Summer
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Michelle Horn joined Delta Air Lines in 2021 as Senior Vice President and Chief Strategy Officer, leading the Corporate Strategy team as the airline recovers from the COVID-19 pandemic and builds a roadmap in line with our future vision.
Her key responsibilities include identifying new opportunities, while planning for the uncertainties of our current environment, and driving high-priority initiatives across our divisions to support our success and help ensure Delta leaves the pandemic in a strong leadership position within our industry.
Michelle brought two decades of experience to Delta after serving as a Partner at McKinsey, working on strategies for clients as well as working in the center of McKinsey s own client service transformation across the globe.
Can MOOCs Really Benefit Your Career?
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Can MOOCs Really Benefit Your Career?
As MOOCs witness a new surge in popularity, Anne Trumbore of Darden School of Business explains what taking free online courses can, and can’t, do for your career
Anne Trumbore of Darden School of Business reveals evidence that MOOCs can help in a professional setting
Massive Open Online Course (MOOC) providers like Coursera and FutureLearn have been riding a wave of job security fears caused by automation and digital disruption, increasing their reach and revenue.
Coursera is valued at around $2.5 billion after raising another $130 million venture capital in July 2020. And in a global higher education market worth $2 trillion, the coronavirus pandemic has also given a boost to MOOC providers.