Archive

Ex-Broker Hits Citi With Lawsuit Over Signing-Bonus Clawback

The former broker is reportedly seeking class status for the suit on behalf of 500 othe...

Compliance

Hartford to Refund Some Florida Workers’ Compensation Payments

The Hartford Financial Services Group will refund or credit $48.2 million to Florida em...

Compliance

Compensation Cuts Ahead for Money Managers

Meanwhile, hedge fund managers could see declines of 20 to 30 percent in incentive comp...

Benefits

Visteon Seeks to Cut Retiree Health Benefits

At the same time, the company has been seeking approval to begin an incentive program t...

Workplace Culture

Mental Health Issues Affecting Large Number of Temporary Workers

Workers hired for temporary or contract jobs face a higher risk of developing mental he...

Archive

Kaiser Cutting More Than 1,800 Positions in California

Approximately 1,200 positions will be cut in Northern California, while 650 jobs are be...

Archive

Ford Cranks Up Overtime to Meet Cash for Clunkers Demand

The automaker is increasing production of the Ford Focus after strong Cash for Clunkers...

Benefits

Proliance Pension Plans Taken Over by PBGC

The Pension Benefit Guaranty Corp. took over the three pension plans of Proliance Inter...