FYI: (The Linkster uses Express Scripts)
Amazon says it's acquiring online pharmacy PillPack in a deal that could disrupt the U.S. drugstore business.
PillPack packages, organizes and delivers drugs. It sends consumers packages with the specific number of medications they're supposed to take at specific times.
Terms of the deal weren't disclosed. The companies expect the deal to close during the second half of the year.
Regards,
Ted
https://www.cnbc.com/2018/06/28/amazon-to-acquire-online-pharmacy-pillpack.html

FYI: On the aggressive side.
Regards,
Ted
Stocks. 49.66%
Bonds: 20.54%
Mutual Funds: 18.82%
ETFs: 10.59%
Cash: .45%

Don't forget the tariff related layoffs.
Harley Davidson's announcement..
fortune.com/2018/06/25/trump-faces-trade-war-fallout-layoffs-stock-declines-harleys-move-offshore/
Auto manufacturers are likely to follow.
https://bloomberg.com/news/articles/2018-06-27/auto-tariffs-final-step-to-economic-disaster-linamar-ceo-says
All these consequences do not paint a rosy economic pictures going forward.

Section 407(a)(2) of ERISA (29 USC § 1107) generally limits traditional (defined benefit) pension plans to acquiring no more than 10% of the stock of an employer. This is noted in the article.
So while there can be some risk to pension plans, they're not going to go bust simply because the employer did. The fact that ERISA allows limited investments by a plan in employer stock answers the question of whether there is a fiduciary duty to eschew this stock. There isn't.
But there's still the usual fiduciary requirement that the selection of investments by the plan (whether company stock or anything else) be prudent.
This is a different question from whether individuals ought to buy company stock in their defined contribution (DC) plans (where there is no 10% limitation).
There are NUA rules that allow company stock appreciation to be taxed as cap gains instead of ordinary income, as is the usual case for anything else held in a DC plan. That changes the risk/benefit calculation a bit, encouraging some investment in employer stock with a DC plan. But one still shouldn't go overboard.
https://www.kitces.com/blog/net-unrealized-appreciation-irs-rules-nua-from-401k-and-esop-plans/
Finally, with respect to SCANA, the article may have been poorly worded, as opposed to factually incorrect. SCANA Energy, a company owned by SCANA Corp, services only Georgia, and provides only natural gas (as noted in the article). That appears to be the company the article is referring to.
https://www.scanaenergy.com/
SCANA Corp has several subsidiaries including South Carolina Electric and Gas.
https://www.scana.com/

I've suffered this big time through my wife's 401k. That said, as echoed above, no one is going to listen. AND for good reason. Imagine investing in 401k if you worked for a big bank in 2009. You could retire.
BlockChain bubble is coming and will make some millionaires.

Although HYG and LQD are good for a quick and dirty look for a given bond sector; and are traded by investors who are playing against the big houses and hedge funds, I have not and do not invest with these etf's.
The below chart is YTD for HYG compared to a decent managed HY fund, ARTFX , as well as LQD compared to a middle of the road corporate bond fund, FCBFX.
These are total return numbers through today, June 27. Place the cursor at the far right end of the chart line of your choice to reveal the YTD.
http://stockcharts.com/freecharts/perf.php?HYG,ARTFX,LQD,FCBFX&p=4&O=011000
ADD: investment grade bonds have been able to grab some positive ground and hold during this time of the unknown. Bonds barely moved during the mini melt in Jan./Feb.
NOTE: remain 50% equity in tech. and health, and 50% mmf at 1.5%. Sure don't like the tech. melt, though......

Fascinating fund. About the best investment you could possibly have made over its first 17-18 years of life (1965 onward) as it profited from one financial disaster after the next. After that, not so sweet as the stock of disasters dried up a bit. The fund has now posted a net loss over the past 3, 5, 10, 20 and 30 year periods.

Related. Bonds market
Despite surge of market volatility, ‘junk’ corporate bonds are beating high-grade debt. What gives?
https://www.marketwatch.com/story/despite-surge-of-market-volatility-junk-corporate-bonds-are-beating-high-grade-debt-what-gives-2018-06-27

Another financial writer who doesn’t take into consideration total return when computiing performance for ETFs. Far from being down (1.9%). YTD, HYG is actually positive YTD on a total return basis, albeit barely. . A fairly large discrepancy for those of us who are into attention to detail. The other large junk bond ETF is down YTD to the tune of 0.61%. The YTD total return for LQD of a negative 5.8% is also inaccurate. The gist of the article was correct however in that junk is outperforming investment grade.

Uncle Sam. Always with his hand down your pants. To pay for HIS unethical foolishness. Kenny Loggins, Jim Messina: "Turn around, there's Uncle Sam. He's got his hand down in your pants."

RPIHX down ytd -1.36% (Global junk)
PTIAX +0.6% (multi-sector)
PRSNX -1.17% (world bond, multi-sector)
PREMX -6.41% (EM bond)
FNMIX -6.06% (EM bond)

Related. Bonds market
Despite surge of market volatility, ‘junk’ corporate bonds are beating high-grade debt. What gives?
https://www.marketwatch.com/story/despite-surge-of-market-volatility-junk-corporate-bonds-are-beating-high-grade-debt-what-gives-2018-06-27

@msf is correct IMO. It's because of cheaper memory why so many "stupid" ideas are now "genius". Nothing really changed in the "intelligence" behind the idea. It's not like a car from 1920 was improved upon in the year 2020. The idea behind neural nets has not changed.
I think we are at a point where we have advances in technology but we either can't find applications OR can't find applications that can benefit people OR can't find applications where we can make money but let's get some investment while we fool everyone around - so BlockChain anyone?

Vanguard is strong in many areas, but ESG investing is not one of them. Anyone who truly cares about such issues as climate change, income inequality, workplace discrimination or excessive executive compensation should look elsewhere:
https://axios.com/top-vanguard-executive-on-trump-climate-f318ee46-9afc-48ae-b928-11e02de5ada6.html
If these SRI/ESG related funds actually changed their specific proxy voting policies on these issues as BlacRock has done for its ESG ETFs, they would become more interesting. Note the difference with iShares ESG ETFs:
https://ishares.com/us/literature/shareholder-letters/proxy-voting-policy-social-index-funds.pdf

FYI: You know a trade war is getting ugly when Harley-Davidson—an iconic American manufacturer—announces plans to shift jobs abroad. But some strategists say investors may be losing sight of the bigger picture: that America is in a strong position to extract trade concessions from China and other countries, and that the U.S. may come out ahead in the long run.
Regards,
Ted
https://www.barrons.com/articles/4-etfs-that-will-prosper-in-a-trade-war-1530121662?mod=hp_highlight_1

It's not just that machines have gotten faster, but also memory dirt cheap.
A common response back then to the question about how Lisp machines would handle memory management is that you could wheel in another rack of memory. Sure enough, since then the memory issue's been "fixed".
Remember Lamda machines?
http://www.computerhistory.org/revolution/artificial-intelligence-robotics/13/290
With additional processing power and memory has been a shift from rule based systems to learning systems, but as @Johann noted, they're not something new.

FYI: Vanguard today filed a preliminary registration statement with the Securities and Exchange Commission for Vanguard ESG U.S. Stock ETF and Vanguard ESG International Stock ETF. The new ETFs will complement Vanguard’s existing FTSE Social Index Fund and are expected to begin trading in September 2018.
Regards,
Ted
https://pressroom.vanguard.com/news/Press-Release-Vanguard-Files-For-Two-New-ESG-ETFS-06272018.html

It's not just China stocks: https://bloomberg.com/news/articles/2018-06-26/trade-angst-hits-emerging-stocks-with-8-trillion-in-bear-market

And Robert Samuelson weighs in via The Washington Post:
"We’re going to lose this trade war"
"If we are to have a “trade war” with China, it would be best to win it. We should be better off after the fighting. Unfortunately, the chances of this happening seem slim to none, because President Trump’s plan of attack suggests that everyone — us and them — will lose."
"Trump has suggested imposing a 25 percent tariff on imported cars, trucks, sport utility vehicles and parts. This might reduce the trade deficit, but only because higher-priced vehicles would reduce consumer demand and vehicle production. Other countries would retaliate. The estimated U.S. job loss would total 624,000 over one to three years."
"But whatever Congress and Trump do won’t be effective [against China] unless it’s matched by other major trading countries. Trump either doesn’t realize this or doesn’t care. He’s infuriating the very countries whose support he desperately needs. His policies are more than misguided; they’re backward."
"The resulting antagonisms among our allies — already evident... would intensify." "This is doing long-term damage. Trump is upending U.S. trade policy since World War II — one of the most successful policies in history.”
(The excerpts above have been lightly edited for brevity.)

And likely to get much messier before it's over... this from The Wall Street Journal:
As Trade Barriers Go Up, Global Supply Chains Unravel
"The numbers of jobs gained and lost probably end up a wash. The real costs are higher prices and fewer choices for consumers."
"But imposing tariffs on existing supply chains is rife with unintended consequences."
For example:
"Canadian steel uses iron ore from Minnesota, so Mr. Trump’s tariffs hurt both. About 17% of the value of Mexican-made cars exported to the U.S. originated in the U.S.
"Beckett Gas Inc., family-owned manufacturer of components for boilers, furnaces and water heaters, has over the years shifted production from abroad to its Cleveland-area factories. By continuously improving its production process, it has avoided price increases and now sells all over the world.
But that arrangement has been endangered by the 25% tariff on imported steel, the dominant input into Beckett’s products. “There are only foreign competitors to what we do,” Morrison Carter, the company’s chief executive, says. Those competitors now have a 25% cost advantage."

@hank,
In a globally connected economy, the drawdown will likely to spread widely. The steel and aluminum tariff already creating pain in US-based companies such as Harley-
Davidson and others. Even with our allies in Europe and Japan, it is a mess...
https://washingtonpost.com/news/wonk/wp/2018/06/25/the-first-layoffs-from-trumps-tariffs-are-here/?utm_term=.9071ebc01a27