Careers Employee Benefits

  • TORONTO, Aug 9- Ontario Steel Investment Ltd, a group that includes shareholders of Essar Global, said on Tuesday it has submitted an offer to purchase U.S. Steel Canada's pension plan and a commitment to provide C $25 million toward post-employment benefits for U.S. Steel Canada, which employs nearly 2,000 workers in Ontario and has the capability to produce 2.6...

  • TORONTO, Aug 9- Ontario Steel Investment Ltd, a group that includes shareholders of Essar Global, said on Tuesday that it had submitted an offer for the purchase of U.S. Steel Canada's pension plan and a commitment to provide C $25 million toward post-employment benefits for U.S. Steel Canada's operations in Hamilton and Nanticoke, Ontario.

  • TORONTO, Aug 9- Ontario Steel Investment Ltd, a group that includes shareholders of Essar Global, said on Tuesday that it had submitted an offer for the purchase of U.S. Steel Canada's pension plan and a commitment to provide C $25 million toward post-employment benefits for U.S. Steel Canada's past and present staff.

  • SAN FRANCISCO/ NEW YORK, Aug 4- For the second straight year, U.S. public pension funds have fallen well short of their investment targets, swelling their vast unfunded liabilities and placing a greater burden on municipalities to offset the underperformance through increased contributions, estimates show. The funds, which guarantee retirement benefits for...

  • NEW YORK, July 25- A Long Island banana importer serving prison terms for engaging in a cocaine distribution scheme and beating his girlfriend was sentenced on Monday to another 5-1/ 2 years in custody for stealing from his employees' retirement plan. District Judge Paul Engelmayer in Manhattan following his conviction in March on charges including pension...

  • NEW YORK, July 19- U.S. antitrust officials will file lawsuits to stop the two large health insurance deals they have been scrutinizing for a year, Anthem Inc's acquisition of Cigna Corp and Aetna Inc's takeover of Humana Inc, a person familiar with the matter told Reuters. Anthem officials said in May that the Justice Department was particularly concerned about...

  • New survey calms one major fear of Obamacare

    The number of Americans with health insurance through their jobs held steady, according to the Health Reform Monitoring Survey.

  • BankUnited CEO on wages

    Discussing JPMorgan's wage hike and the current state of wages for financial institutions with John Kanas, BankUnited Chairman & CEO.

  • Why Jamie Dimon is giving JPMorgan workers a raise

    JPMorgan Chase CEO Jamie Dimon says the bank will increase pay for 18-thousand lower-tier employees.

  • Jamie Dimon, chief executive officer of JPMorgan Chase

    JPMorgan CEO Jamie Dimon is giving 18,000 of its employees a pay raise.

  • BRASILIA, July 7- The Brazilian government will revise the eligibility of public employees receiving long-term benefits for the disabled in an attempt to trim next year's fiscal deficit, the president's chief of staff Eliseu Padilha said on Thursday. The government is due to announce its 2017 primary budget deficit target later on Thursday.

  • NEW YORK, July 1- Casino workers striking on Friday outside the Trump Taj Mahal in Atlantic City, New Jersey, will continue on a 24- hour basis throughout the holiday weekend, a spokesperson for the workers' union said. Unite-Here Local 54 union spokesperson Ben Begleiter said workers are striking outside most of the casino entrances, while chanting, pounding...

  • NEW YORK, July 1- Workers at the Trump Taj Mahal in Atlantic City, New Jersey, went on strike early Friday morning after management and the workers' union failed to reach agreement on wages and health benefits. Unite-Here Local 54, the union representing thousands of Atlantic City casino workers, reached a tentative settlement on Thursday with Tropicana, which is...

  • Inside look at Facebook & Silcon Valley

    Antonio Garcia Martinez, author of "Chaos Monkeys," discusses the culture at Facebook. Martinez says "Zuckerberg is a genius."

  • *UK pension scheme deficit at record wide levels. LONDON, June 30- Record low gilt yields following Britain's vote to leave the European Union are deepening UK pension deficits, worsening a headache for domestic companies which may be called upon to help fill the gap. "The bottom line is that market conditions were very difficult, and they have got more difficult,"...

  • Divorce

    If you are divorced, your ex-spouse can receive benefits based on your record (even if you have remarried). CNBC's Sharon Epperson has more on what you need to know about Social Security and divorce.

  • CHICAGO, June 22- Retirees will receive a paltry increase in their Social Security checks in 2017- the second consecutive year of flat or near-flat benefits, and the fifth year of inflation adjustments below 2 percent. Next year's cost-of-living adjustment will be just two-tenths of 1 percent, according to predictions in the annual report of the trustees for...

  • Health benefits

    Health insurance and a 401k plan are just some of the benefits that might lure you to a new job, but there may be other perks that you can take advantage of to help you save money. CNBC’s Sharon Epperson explains.

  • Why is Harrods an attractive company to work for?

    Michael Ward, managing director of Harrods, discusses the appeal of working at the department store and how it looks after its employees.

  • Good employer, good stock?

    LinkedIn compiled data a list of the top attractive companies job seekers are most interested in working for. The "Fast Money" traders take their positions.