LAS VEGAS— Casino giant Caesars Entertainment is appealing a bankruptcy court ruling that could put it on the hook for nearly $364 million. The National Retirement Fund, which manages pensions for 400,000 unionized workers from a variety of employers, wants to oust Caesars, forcing it to cover the cost of promised pensions. The fund has estimated Caesars would...» Read More
The vast majority of small businesses are paying more for health insurance for their employees under the health care law, and many expect their costs to keep going up next year, according to a survey by the advocacy group National Small Business Association. Ninety percent of the 810 owners surveyed said their costs are up in 2015 over last year, and 84 percent...
Democratic presidential candidate Hillary Clinton on Thursday proposed a $30 billion plan to help displaced workers in coal-producing areas find new jobs and continue receiving health benefits as the country shifts to using renewable energy and more natural gas. Senator Bernie Sanders of Vermont, her chief rival for the Democratic nomination, has tacked...
Nov 11- The founder and former chief executive officer of Alpha Natural Resources, among the largest U.S. coal companies, objected on Wednesday to Alpha's plan under bankruptcy to drop benefits for more than 4,500 miners, spouses and their dependants. Former Alpha CEO and Chairman Michael Quillen said eliminating retiree health benefits of thousands of...
*Lufthansa wins temporary injunction in Duesseldorf. Flight attendants started striking last Friday over early retirement benefits and pensions and the cabin crew union raised the pressure on Tuesday by calling for walkouts on short- and long-haul flights at Frankfurt, Duesseldorf and Munich airports from 0300 GMT on Wednesday through to 2300 GMT on...
CNBC's Mary Thompson reports on the expected decline in bonuses on Wall Street, according to Johnson Associates.
Year-end compensation for workers in the financial industry will fall up to 10 percent.
NEW YORK, Nov 5- Kurtis Ofori was thrilled to start his new job writing grant applications at green energy startup Dawan Global in New York City. In addition to health insurance, Dawan Global offers the holy grail of benefits for young people: tuition reimbursement. These types of benefits are making a difference as hiring power shifts from employers to the...
Truckers are earning higher salaries amid the industry's shortage of drivers.
McDonald's is asking a U.S. judge to reject a subpoena from the National Labor Relations Board, arguing the requests are unfair and costly.
NEW YORK, Oct 27- When some 120 million employees start filling out their open enrollment choices this fall, they will be presented with the usual health, dental and vision options. "Some of those policies are going to be a perfect fit and valuable, and other things are not going to be useful," says Jennifer Benz, who runs her own benefits firm based in San Francisco.
Applebee's will pay a prep cook who didn't receiver checks for a year.
It's great that Paul Ryan is putting family first, says Jennifer Owens. Will he keep it going and help other parents?
CNBC's Rick Santelli weighs in on Danny Meyer eliminating tipping, and job openings falling in August.
Union Square Hospitality Group will begin eliminating tipping at its restaurants. CEO Danny Meyer, explains why the strategy helps workers and the restaurant industry.
Jobless claims fell back to a 42-year low level last week, despite the recent cool-off in job growth.
Many workers use annual open enrollment to tweak employee benefit options, but others let old selections ride - a big mistake, say advisors.
A recent study proclaimed troubling news for workers: For the fifth year in a row, employee bonus pools will come in below target, according to benefits consulting firm Towers Watson.
Eric Kutcher, McKinsey & Company, discusses the results of a study on women's progress in achieving pay and leadership parity at work.
A growing list start-ups have been hit with complaints in California over the employee status of contract workers.
Sept 23- The U.S. government could shut down next week if Congress does not resolve, even temporarily, a dispute over Planned Parenthood and agree on a plan to extend federal funding beyond Sept. 30. So would major benefit programs such as Medicare health insurance and Social Security retirement benefits for older people. Up to 1 million U.S. workers could face...