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Companies, Employees Contribute to 401(k) Accounts Despite Recession
Companies and employees remain faithful to defined-contribution retirement plans despite a brutal recession, according to a report released by two benefits groups at a March 17 Newsmaker. A survey of 505 employers shows 74 percent have not changed the amount they contribute to their workers’ 401(k) retirement accounts in the last 12 months, and they are not planning to do so in the future. Six percent are considering a decrease, while 3 percent have eliminated the match, and 2 percent have decreased it. On the other hand, 6 percent of respondents are weighing an increase in the match. The…
Type: News
Happy 30th Birthday to Longtime NPC Partner, C-SPAN
Three decades ago today the House of Representatives went on TV for the first time, after the cable industry committed to gavel-to-gavel coverage via C-SPAN. Less than a year later -- on Jan. 2, 1980 -- C-SPAN aired an NPC luncheon featuring Federal Reserve Board Chairman Paul Volker and hasn't missed a luncheon since then. All NPC luncheons are aired live or, if Congress is in session, taped and aired. Some particularly interesting programs are replayed multiple times. Happy birthday to a strong and long-standing NPC partner. And best wishes for many more years making government more…
Type: News
Club Member Added to Indiana Journalism Hall of Fame
Club member Craig Klugman, editor of the Fort Wayne (Ind.) Journal Gazette, will be inducted into the Indiana Journalism Hall of Fame next month. Klugman has been editor of The Journal Gazette since 1982, during which time it has been among the state’s most award-winning newspapers. He has led many Freedom of Information efforts, including a statewide public records audit that helped lead to creation of the Indiana public access counselor’s office. The other four inductees include former NBC “Today” host Jane Pauley. They will be inducted April 18.
Type: News
36 Accepted for NPC Membership
On the recommendation of Membership Secretary Mark Hamrick, the Board of Governors accepted the applications of 36 members at the Monday night board meeting. Please say hello to these new members: Active Alf Ole Ask – Aftenposten, Correspondent; Roman A. Holton - Ascension Media Group, LLC, President, CEO; Zoltan Mikes - World Business, Press Online News, Sr. Editor; Diana Schwaeble - American Metal Market, Washington Correspondent Active Reinstatement Sharafat Hussain – DCTV, Producer Active Non-Resident Erickson Samuel Blakney – Freelance, Journalist; Kayleigh Kulp - Southern Maryland…
Type: News
NEW & NOTEWORTHY Posted by Ryan Howell - 03/26/2009 | Email the editor A Third of US Bird Species Endangered, Interior Secretary Salazar Says Interior Secretary Ken Salazar Photo: Sam Hurd Click here to view photo gallery. Nearly a third of the nation'
Nearly a third of the nation's 800 bird species are endangered, Interior Secretary Ken Salazar said Thursday during a press conference at the National Press Club. Calling bird populations an indication of environmental health, Salazar called for a systemic conservation plan to restore the bird populations. Several bird populations, including many species of waterfowl such as pelicans, herons, egrets and ducks, have reversed previous declines after conservation programs restored habitats. "Conservation can really work," he said. Salazar appeared at the Club with representatives from the U.S.…
Type: News
Von Furstenberg Introduces Leadership Award Winners
Fashion Designer Diane von Furstenberg introduced five award-winning female leaders, including one journalist, at a press conference Thursday at the National Press Club. The women received 2009 Global Leadership Awards from Vital Voices along with Secretary of State Hillary Clinton during a ceremony Thursday night at the Kennedy Center. The awards honor their achievements in economic entreprenuership, girls' education, anti-trafficking programs and combating violence against women. "I believe in women's strength," von Furstenberg said. "I believe if you invest in woman, you can save the…
Type: News
News Execs Cautiously Optimistic About Industry Future
Despite doom and gloom about the financial condition of the news business, some of the nation’s leading journalism executives said they are cautiously optimistic about the future. “Our profession is going to go through enormous growth after we get through this valley,” Tom Curley, president of the Associated Press, said at the Kalb Report Monday evening at the Club. But the next couple of years are going to be tough, he said. Curley predicted newspapers would be around for decades. Yet, newspaper advertising is disappearing, he told host Marvin Kalb, so more revenue will have to be raised…
Type: News
Mainstream Media Still Essential, Canadian Journalists Say at NPC Forum
The public is not abandoning traditional media as quickly as many journalists believe, so news businesses should keep their core products strong in this time of transition, leading Canadian journalists told a National Press Club forum Tuesday in Ottawa. While Canadians are getting more of their news online, they depend on traditional newspapers, television and radio for a substantial part of their information, Paul Hambleton, interim managing editor of CBC Ottawa, said his company’s research shows. But when the same question is asked inside the CBC newsroom, he said, journalists are…
Type: News
Club Members Fitzgerald & Bjerga Win Ag, Business Writing Awards
Press Club members at Bloomberg News have won awards for their coverage of finance, food and floods. Alison Fitzgerald won the Society of American Business Editors and Writers Enterprise Reporting Award for her contributions to ``Ten Days Changed Wall Street as Bernanke Saw `Massive Failure.' " Fitzgerald and Club Vice President Alan Bjerga shared SABEW's Projects award with nine other writers for their parts in Bloomberg's seven-part ``Recipe for Famine' series exploring global hunger. The series also won took top honors from the Overseas Press Club, which gave Bloomberg its Malcolm Forbes…
Type: News
Recovery May be Slower, Rivlin Says at Biz Breakfast
Standard forecasts, which generally call for the U.S. recession-ridden economy to bottom out late this year or early 2010 and then grow rapidly, “may be too optimistic,” warned Alice Rivlin, former federal budget director and head of the Congressional Budget Office, at the Club's Business Breakfast Tuesday. “We may not get out of this as fast as forecasts suggest,” she said of the economic crisis. Rivlin indicated that current economic models are based on statistics from recessions during the last several decades. “But none of those recessions started with a financial meltdown,” she said. “…
Type: News