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COLUMN-U.S. courts order 401(k) sponsors to do the right thing

CHICAGO, May 21- The U.S. Supreme Court ruled this week that employers have a duty to protect workers in their 401 plans from mutual funds that are too expensive or perform poorly. The high court ruled on a class-action lawsuit against Edison International. St. Louis lawyer Jerome Schlichter, who has made a cause of suing 401 plans to get them to shape up, brought the...
Source: Reuters | By: Mark Miller
Top court hands win to employees in 401(k) dispute

In an unanimous vote, the U.S. Supreme Court rejected an appeal limiting the number of claims concerning Edison International retirement plans.
Source: Reuters
Justices make it easier to sue over 401(k) retirement plans

WASHINGTON- The Supreme Court ruled unanimously Monday in favor of participants in employee retirement plans who object to companies' investment decisions that eat into retirement savings. The justices revived claims by current and former employees of energy company Edison International. Higher fees of just 1 percent a year would erase $70,000 from an...
Source: The Associated Press
UPDATE 1-U.S. top court hands win to employees in Edison International 401(k) dispute

WASHINGTON, May 18- The U.S. Supreme Court on Monday revived claims made by Edison International employees who accused the utility of favoring higher-cost mutual funds over lower-cost ones in its retirement plan. The justices, in a ruling written by Justice Stephen Breyer, said the lawsuit had been filed in a timely fashion. Glenn Tibble and other employees...
Source: Reuters | By: Lawrence Hurley
U.S. top court hands win to employees in Edison International 401(k) dispute

WASHINGTON, May 18- The U.S. Supreme Court on Monday revived claims made by Edison International employees who accused the utility of favoring higher-cost mutual funds over lower-cost ones in its retirement plan.
Source: Reuters
California has enough power for summer air conditioning demand -grid operator

May 8- California will have enough power to meet air conditioning demand this summer despite continued low hydropower supplies due to an ongoing multi-year drought. "It is always a challenge to operate the grid under the high loads produced by sweltering summer temperatures, but our analysis shows we have the resources available to meet California's need...
Source: Reuters
Utility death spiral  

CNBC's Morgan Brennan looks at plays in the utility space.
Source: CNBC.com
Home battery stock winner  

As more homes unplug from the grid, CNBC's Morgan Brennan reports on one company that could benefit the most.
Source: CNBC.com