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Citi Eliminates Additional Employee Severance Payments

A memo sent to U.S. employees by new HR chief Paul McKinnon states Citigroup will no lo...

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State Street Puts Brakes on GM Participants

The action blocks participants in the automaker’s two 401(k) plans from purchasing GM c...

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Survey Reveals Some Optimism for Upcoming Graduates

Wall Street’s collapse occurred as the National Association of Colleges and Employers w...

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In the Cross Hairs UAW Contract

The Jobs Bank—the UAW equivalent, in the public’s mind, of corporate jets—is likely to ...

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Study 401(k) Saving Slips; Account Values Plunge

U.S. employees’ savings rates into 401(k) plans was 7.8 percent for the first 10 months...

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Court Weighs Contract Versus Right to Discrimination Trial

Justices weighed the right of individual workers to file age discrimination suits again...

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Hey, Buddy, Can You Spare $40 Billion

U.S. companies could face a pension contribution tab of $40 billion thanks to this year...

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New York Extends Benefits to Gays Married Outside State

Under a bulletin issued by the state’s insurance superintendent, any employer that fail...