This Week in Boomer History: Woodstock … Berlin … IBM PC

Notable events from our shared experience “This year’s monster movie star,” Jack Nicholson, makes the cover of Time magazine Aug. 12, 1974, two months after Chinatown opened. The IBM Personal Computer is announced Aug. 12, 1981, with a price of $1,565. According to IBM: “Two decades earlier, an IBM computer often cost as much as $9 million and required an air-conditioned quarter-acre of space and a staff of 60 people to keep it fully loaded with instructions.” >> Photos: Famous …

IBM Halts Practice of Disclosing Ages of Fired Older Workers

At IBM, older workers who believe they were fired because of their age may have a harder time proving their claim under a new company policy, Bloomberg News reports. The New York-based tech company is no longer providing fired workers over age 40 with the ages and job titles of other older workers dismissed in a group layoff, the report said. That disclosure is important because it helps fired employees assess whether IBM has potentially demonstrated a pattern of age discrimination …

11 Things We Didn’t Know Last Week

News, discoveries and fun …   1. The world’s first glow-in-the-dark ice cream uses jellyfish proteins. (Learn more at Lick Me I’m Delicious) 2. A beagle named Elvis can smell when polar bears are pregnant at the Cincinnati zoo. (Learn more at Cincinnati Zoo) 3. Customs agents in Los Angeles recovered a 1953 Triumph motorcycle that was stolen from a Nebraska man’s backyard nearly 46 years ago. (Learn more at Orange County Register) 4. Twenty Pound Carp, a fish with its …

William C. Lowe: Father of the IBM PC

Remember your first car? Do you also remember your first computer? The odds aren’t bad that it was an IBM personal computer, the boxy device with the twin floppy drives and the green glowing type on its screen that was introduced back in 1981. While it wasn’t the first desktop PC, it was the first one many people felt comfortable plunking down $1,565 – $4,031 in today’s dollars – to buy, because it was made by an iconic technology giant. …

Retirement Planning Gets Tough for Some Workers

As if retirement planning wasn’t challenging enough, employees of at least two big companies are facing difficult news this holiday season. Workers at Hostess are wondering how they’ll make do without the full pensions they’d counted on in retirement since the company underfunded its employees’ pension plan by at least $55 million. (Some reports put that amount as high as $2 billion.) The makers of Twinkies used that money to keep the business operating. But after a labor dispute, Hostess announced …