WellPoint Inc., the nation's second largest health insurer, is providing a more bearish than anticipated forecast for 2013 earnings, according to a Leerink Swann analyst who is lowering his expectations for growth from the insurer's established business for the new year.

The Michigan auto supplier will offer one-time lump-sum payments in lieu of traditional payments to 10,000 former workers in its pension plan.

Standard & Poor's lowered its outlook on New Jersey from stable to negative, based on the state's continuing budget imbalance and pension costs.

Goldman Sachs Group Inc.'s chief financial officer is retiring, and his replacement is a longtime executive at the investment bank.

Health insurers face pricing and use challenges as they head into fall, but some managed care organizations will still be able to deliver solid earnings growth, according to a Jefferies analyst.

Kohl's Corp. says it plans to hire more than 52,000 holiday employees nationwide this season, up more than 10 percent from last year.

A Rhode Island economist said Monday that the state's already tepid economic recovery is continuing to lose momentum.

America's health care system is unsustainable. It's not one problem, but three combined: high cost, uneven quality and millions uninsured.