plan News

Allstate Announces $1 Billion Share Buyback Plan

Allstate Corp’s board of directors has approved a new $1 billion share repurchase program. The Northbrook, Illinois-based company will issue a combination of preferred stock and senior unsecured notes totaling $1.25 billion to fund the buyback, which is expected to …

Plane Lands on Street, Hits Car in Wisconsin

With the plane’s windshield covered in oil, a pilot landed the small aircraft on a city street in Watertown, Wis., and hit a moving car. The two people in the plane and the driver of the vehicle weren’t seriously hurt. …

Probe Focuses on Wayward Part in Nevada Air Race Crash

The death toll in the crash of a World War II-era plane during a Reno air race rose to nine people Saturday as investigators combed through wreckage and scoured amateur video clips to determine why the aircraft suddenly spiraled out …

New Auto Insurance Plan Introduced in Michigan House

A new proposal that would change Michigan’s auto insurance coverage requirements for people injured in accidents has been introduced in the state Legislature. The latest proposal to change the system was introduced Tuesday in the state House. Michigan now is …

Nuclear Agency’s Board Adopts Safety Plan

A 35-nation meeting of the U.N. nuclear agency on Tuesday adopted a post-Fukushima nuclear safety plan – despite gripes by influential member nations that it to too timid for making compliance voluntary. Germany and several other EU states – as …

Massachusetts Senate OKs Escalator Safety Plans

The Massachusetts Senate passed measures designed to tighten escalator safety rules Thursday as it debated its $30.5 billion state spending plan for the next fiscal year. The Senate passed amendments toughening inspection requirements on escalators and elevators. The escalator amendment …