The House passed a bill that would allow more annuities in 401(k) plans — is that actually a good thing?

Annuities have a bad reputation, but they don’t have to be harmful to your retirement assets

Congress has gotten serious about Americans’ retirement savings.

By ALESSANDRA MALITO, REPORTER / MarketWatch

The SECURE Act is one step closer to becoming law, and with it, Americans would see a few tweaks to the way the retirement system works.… read the full article

Open Hatch Nearly Sunk India’s New $3 Billion Nuclear Missile Submarine

Here is what happened.

by Task and Purpose / The National Interest

It isn’t hard to sink a submarine, it would seem. 

The modern submarine is not a simple machine. A loss of propulsion, unexpected flooding, or trouble with reactors or weapons can doom a sub crew to a watery grave.… read the full article

Amazon Is Poised to Unleash a Long-Feared Purge of Small Suppliers

By Spencer Soper / Bloomberg

Amazon Is Poised to Unleash a Long-Feared Purge of Small Suppliers

(Bloomberg) — Two months ago, Amazon.com Inc. halted orders from thousands of suppliers with no explanation. Panic ensued — until the orders quietly resumed weeks later, with Amazon suggesting the pause was part of a campaign to weed out counterfeit products.… read the full article