Royal Dutch Shell sold its stake in a controversial Irish gas field for up to $1.23bn to the Canada Pension Plan Investment Board, according to the Wall Street Journal. The deal will result in accounting losses of as much as $750m for the Anglo-Dutch energy company.
Pension plans in the U.K. could face a multi-billion pound bill following Britain’s Supreme Court ruling giving gay couples equal rights, the Telegraph reported.
Some GOP House members are pushing back at President Donald Trump‘s budget plans that would cut retirement benefits for federal employees, The Washington Post has the story.
The pension plan — and retirement security — is at the heart of a strife between the hospital of Tufts University and its nurses, Boston Globe reported.