| Market Mirror | Yesterday, the Dow closed 89.37 points (0.35%) higher at 25,758.69, the NASDAQ was up 4.68 points (0.06%) at 7,821.01, and the S&P 500 increased 6.92 points (024%) to 2,857.05. The Russell 2000 was up 5.75 points (0.34%) at 1,698.69, and the Wilshire 5000 closed 97.53 points (0.33%) higher at 29,807.23. The price of the 10-year Treasury note increased 11/32, bringing its yield down to 2.819%. The price of the 30-year Treasury bond climbed 23/32, decreasing its yield to 2.983%. | | Benefits & Administration | Unions Object to Recouping Overpayment of Pensions From Members | IFPTE Local 21, a union representing 11,000 scientists, engineers, and other public-sector professionals in the Bay Area of California, has partnered with AFSCME Local 101 to protest the possibility that retirees will be asked to make up about 1.5 million dollars in overpayments due to a payment miscalculation. While Retirement Services discovered the payment miscalculation in 2011, it did not stop overpayments to retirees.Read more > | | Small Talk | ON THIS DATE: In 1831, Nat Turner, a former slave, led a violent insurrection in Virginia. In 1841, a patent for venetian blinds was issued to John Hampton. In 1878, the American Bar Association was formed by a group of lawyers, judges and law professors in Saratoga, New York. In 1888, the adding machine was patented by William Burroughs. In 1945, President Harry Truman ended the Lend-Lease program that had shipped about $50 billion in aid to America’s Allies during World War II. In 1959, Hawaii became the 50th state. President Dwight Eisenhower also issued the order for the 50 star flag. In 1971, Laura Baugh, at the age of 16, won the United States Women’s Amateur Golf tournament. She was the youngest winner in the history of the tournament. In 1984, Victoria Roche, a reserve outfielder, became the first girl to ever compete in a Little League World Series game. In 1984, Clint Eastwood was given a star on the Hollywood Walk of Fame. In 1996, the Health Insurance Portability and Accountability Act (HIPAA) was signed by President Bill Clinton. The act made it easier to obtain and keep health insurance. In 1997, Afghanistan suspended its embassy operations in the United States. In 1997, Cicely Tyson received a star on the Hollywood Walk of Fame. In 1998, Wesley Snipes received a star on the Hollywood Walk of Fame. | TRIVIAL PURSUITS: Who was the first African American to play baseball in the major league?Read more > | Share the news with a friend! Pass the NewsDash along and tell your friends/associates they can sign up for their own copy.Read more > |
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