retirement

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Hume to Leave Fox Anchor Role
 Hume to Leave Fox Anchor Role 

Hume to Leave Fox Anchor Role

But he plans to stay on part-time as a senior political analyst

(Newser) - Fox News' Brit Hume plans to step down from his role as anchor of the daily Special Report and as Washington managing editor at the end of the year, the Washington Post reports. Hume is near a deal to stay on Fox part-time as a senior political analyst, sources say,...

Packers to Favre: No Go
 Packers to Favre: No Go 

Packers to Favre: No Go

Team denies QB's request to become free agent

(Newser) - Green Bay won't be releasing retired quarterback Brett Favre from his contract as he has requested, and aren't promising to start him if he rejoins the team, AP reports. "This is a hot-button issue that surpasses anything I've ever gone through," says Packers GM Ted Thompson. Favre had...

10 Possible Teams for Favre
 10 Possible Teams for Favre 

10 Possible Teams for Favre

The QB legend may play again, and he wants out of his Green Bay contract

(Newser) - The maybe-not-as-retired-as-we-thought Brett Favre has asked the Green Bay Packers to release him from his contract so he can play elsewhere. It's far from certain the Packers will agree, but USA Today runs down 10 places he could go:
  • Baltimore Ravens: Favre's agent has placed players there before.
  • Buffalo Bills:
...

Washington Post Top Editor Calls It Quits

Downie presided as Internet transformed newspapers, media

(Newser) - The Washington Post's executive editor is retiring, he said today, after a 17-year run that included many prizes, painful staff cuts, and the rise of the Internet. A low-profile but highly respected figure, Leonard Downie Jr. told his staff he would miss the paper. "At the same time I'm...

Microsoft Without Bill Gates? His Final Week Begins

The 52-year-old has slowly backed away from the software company's operations

(Newser) - This will be Bill Gates’ last Monday at Microsoft, the company that the 52-year-old founded with business partner Paul Allen as a teenager. He’s retiring Friday from Microsoft’s day-to-day business and beginning full-time work with his $37.3 billion philanthropic organization, the Bill & Melinda Gates Foundation. He's...

Many Retirees Will Have Less Than They Think

Economist compares direct-benefit to direct-contribution plans

(Newser) - Many employees will enter retirement with a much smaller income than they expect, the Economist reports. By 2014, the amount of money saved in direct-contribution retirement plans—ie 401Ks—will outpace than the amount saved in old-fashioned direct-benefit plans. But workers set contributions to their DC schemes at lower levels...

Strahan Goes Out on Top
 Strahan Goes
 Out on Top 

Strahan Goes Out on Top

Giants' sack-happy defensive end says he's retiring at 36; TV gig may be next

(Newser) - Michael Strahan is retiring after 15 years with the New York Giants, ESPN reports. The defensive end, 36, set the NFL's single-season sacks record with 22.5 sacks during the 2001 season, participated in seven Pro Bowls, and got his first Super Bowl ring earlier this year. Strahan walks away...

Mayweather Jr. Quits Before Big Match

39-0 boxer forgoes $20 million payoff

(Newser) - Undefeated boxer Floyd Mayweather Jr. is hanging up his gloves, nixing a high-profile rematch against Oscar De La Hoya, ESPN.com reports. “This decision was not an easy one for me to make,” the welterweight champ said. “However, these past few years have been extremely difficult for...

Dementia Sufferers Get Unusual Help

Fake bus stops give restless elderly patients a destination

(Newser) - German retirement homes have found a new way to help patients: building fake bus stops. Dementia sufferers who insist they have somewhere to go now have a destination, giving them a sense of control. That helps calm them, even if they forget where they're "going" after spending some time...

Former Obama Pastor in Church Power Battle

Refusing to relinquish leadership

(Newser) - Barack Obama's former Chicago church is in turmoil over a battle to retain power by firebrand preacher Rev. Jeremiah Wright, Time reports. A rift has opened between Wright, who was supposed to retire from the church he nurtured for 36 years, and his hand-picked successor, whose qualifications he's now questioning.

Is This a Joke? Brooks Leaving Movie Biz

Quietly closes movie production company

(Newser) - Are Mel Brooks' days in Hollywood over? The comic king is quietly closing his Brooksfilms, the New York Post reports. He founded the LA-based production company in 1980 to produce more serious films such as The Elephant Man but also put out classics such as Spaceballs. Brooks, who turns 82...

Henin Retires at No. 1
 Henin Retires at No. 1 

Henin Retires at No. 1

With 7 Grand Slam titles at 25, Belgian is first woman to leave while atop rankings

(Newser) - Justine Henin, the top player on the women's tennis tour, abruptly announced her retirement today. "This is a definitive decision," said the 25-year-old Belgian, who won seven Grand Slam titles—including the past three French Opens—despite battling injuries in recent years. She's the first woman ever to...

Sorenstam to Retire After 2008 Season

Top female has eye on biz, including golf academy, courses

(Newser) - Annika Sorenstam has announced her retirement from professional golf, effective at the end of the 2008 season, Golf.com reports. The eight-time LPGA player of the year has "other priorities," including starting a family and working to build "the Annika brand of businesses, including my academy, my...

Mercury Line May Hit the Scrap Heap

Sales have slipped from half a million annually to 168K last year

(Newser) - Once a four-wheeled icon of cool, Ford's Mercury brand is steadily losing traction and may soon be parked for good, the Los Angeles Times reports. Ford has not yet announced a plan to scrap the line, but one key stockholder is urging the company to let it go.  "...

Croc Hunter's Dad Quits Zoo For $1M

Steve Irwin's dad will leave zoo he founded for $1M

(Newser) - Bob Irwin will retire from the Australian Zoo made famous by his 'Crocodile Hunter' son Steve, taking with him a retirement package worth just shy of $1 million amid rumors of a feud with his son's widow. Irwin will also collect a $93,000 yearly pension from the zoo he...

Will the Losers Rebound, Try Again, or Retire?

Clinton seen as Senate heavyweight, Obama a future contender, Mac a retiree

(Newser) - Very different futures await the two candidates who don't reach the White House, watchers say, with Barack Obama viewed as a future White House candidate, Hillary Clinton seen as a likely party leader in the Senate, and John McCain expected to retire in 2010. If Hillary doesn’t win, and...

Favre Will Retire: Reports
Favre
Will Retire:
Reports

Favre Will Retire: Reports

Packers legend to hang up cleats (really) after 17 seasons

(Newser) - Brett Favre is retiring, Fox Sports reports, capping a gritty 17-year career that saw the Green Bay Packers return to the NFL's elite. The three-time MVP has often reversed course on retirement in the past, but his agent confirmed the report for ESPN, saying the quarterback notified the team last...

First Boomer, First Check
First Boomer, First Check

First Boomer, First Check

Watershed moment as first Baby Boomer starts collecting Social Security

(Newser) - The first Baby Boomer will collect her—and her generation's—first Social Security check next month, and she can expect a lot of attention, reports AARP The Magazine. Kathleen Casey-Kirschling was born at 12:00:01 on January 1, 1946, and her big move spotlights the way her generation will...

Gibbs Blindsides 'Skins, Resigns
Gibbs Blindsides 'Skins, Resigns

Gibbs Blindsides 'Skins, Resigns

Hall of Famer unexpectedly retires again after team's unlikely playoff run

(Newser) - Joe Gibbs is retiring again, stepping down as both coach and president of the Washington Redskins, the team he’s spent a total of 16 years leading, the Washington Post reports. Gibbs will stay with the team somehow, perhaps as a consultant to owner Dan Snyder. No announcement of a...

Edwards Talks Tough on Iraq, Business

Plans to pull all troops out of Iraq; stop corporate abuses

(Newser) - John Edwards is turning up the heat in the countdown to Iowa, considered do-or-die for his campaign. He tells the New York Times that he would be the president quickest to bring American troops home from Iraq, pulling them all out—including those providing training and support for the Iraqi...

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