BUSINESS BRIEFING / PENSIONS
- Share via
TIMES WIRE REPORTS
The federal agency that insures corporate pensions says it has taken over defunct electronics retailer Circuit City’s pension plan.
The Pension Benefit Guaranty Corp. said it would cover all but $2 million of the plan’s $64-million shortfall. The agency says retirees and other beneficiaries will continue receiving monthly checks without interruption.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
