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  2. IBM to take $2.7 billion charge related to transfer of ... - AOL

    www.aol.com/news/ibm-2-7-billion-charge...

    September 11, 2024 at 4:19 PM. (Reuters) - IBM said on Wednesday it expects a pre-tax charge of nearly $2.7 billion in the third quarter, related to a transaction involving the transfer of some of ...

  3. IBM offers employees new retirement account that looks a lot ...

    www.aol.com/finance/ibm-offers-employees...

    IBM (IBM) contributes 5% of an employee’s salary to the accounts, which provide a 6% guaranteed, tax-deferred return for the first three years. And from 2027 through 2034, they’ll yield a ...

  4. Pensions in the United States - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_the_United_States

    Those 65 and over have a median net worth of about $250,000 (shown), about a quarter of the group's average (not shown). [1] Pensions in the United States consist of the Social Security system, public employees retirement systems, as well as various private pension plans offered by employers, insurance companies, and unions.

  5. Lou Gerstner - Wikipedia

    en.wikipedia.org/wiki/Lou_Gerstner

    Website. www.gerstner.org. Louis Vincent Gerstner Jr. (born March 1, 1942) is an American businessman, best known for his tenure as chairman of the board and chief executive officer of IBM from April 1993 until 2002, when he retired as CEO in March and chairman in December. He is largely credited with turning IBM's fortunes around. [1][2]

  6. Advanced Network and Services - Wikipedia

    en.wikipedia.org/wiki/Advanced_Network_and_Services

    Both IBM and MCI made substantial new financial and other commitments to help support the new venture. Allan Weis left IBM to become ANS's first President and Managing Director. Douglas Van Houweling, former Chair of the Merit Network Board and Vice Provost for Information Technology at the University of Michigan , was the first Chairman of the ...

  7. Novo Nordisk CEO grilled by Senate committee over GLP-1 ... - AOL

    www.aol.com/finance/novo-nordisk-ceo-grilled...

    Novo Nordisk president and CEO Lars Fruergaard Jorgensen prepares to testify before the Senate Health, Education, Labor, and Pensions Committee on Capitol Hill on Sept. 24, 2024, in Washington, D ...

  8. IBM Information Management System - Wikipedia

    en.wikipedia.org/wiki/IBM_Information_Management...

    IBM Information Management System (IMS) utilizes a hierarchical database model, distinct from IBM's later relational database model as seen in IBM Db2. In IMS, data is organized into segments, each comprising multiple fields, structured hierarchically to manage complex relationships effectively. [5] For instance, in a customer database, a root ...

  9. Michigan State Police investigate former employee of Detroit ...

    www.aol.com/michigan-state-police-investigate...

    A former employee of the Retirement Systems of the City of Detroit is the target of a Michigan State Police probe into theft involving prepaid cards. File: Spirit of Detroit on Sunday, Aug. 21 ...