×

Careers Employee Benefits

  • NEW YORK, April 11- Health benefits broker Zenefits was fined $1.2 million with New York's financial services regulator on Tuesday for letting unlicensed employees solicit, negotiate and sell insurance policies, the latest regulatory blow for the software startup. "DFS takes very seriously any unlicensed activity in the New York insurance market,"...

  • Google's pay gap problem

    Kara Swisher, Recode executive editor, and Walter Isaacson, Aspen Institute president & CEO, discuss the news that Google may be underpaying female employees.

  • LIMA, March 30- Workers at Peru's biggest copper mine, Freeport-McMoRan Inc's Cerro Verde, will resume work on Friday after voting to end a nearly three-week strike that had halved output, the union said on Thursday. The union accepted the company's offer to improve family healthcare benefits and pay workers their portion of the mine's profits earlier than...

  • LIMA, March 30- Workers at Peru's biggest copper mine, Freeport-McMoRan Inc's Cerro Verde, will resume work on Friday after voting to end a nearly three-week strike that had halved output, the union said on Thursday. The union accepted the company's offer to improve family healthcare benefits and pay workers their portion of the mine's profits earlier than...

  • LIMA, March 20- A strike at Peru's top copper mine, Cerro Verde, is set to end by government order on Thursday, but workers said the stoppage would start right back up on Friday if no deal over their demands is reached with management. Union Secretary General Zenon Mujica said that 11 days of striking had not resolved the dispute. Cerro Verde is controlled by...

  • *Deal worth $4.3 billion, including debt. March 17- Private equity firm KKR& Co LP and Canadian pension fund Caisse de dépôt et placement du Québec announced plans on Friday to buy USI Insurance Services from Onex Corp for $4.3 billion, including debt. "It's a sector we like," Caisse Chief Investment Officer Roland Lescure said in an interview.

  • March 17- Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec agreed to buy USI Insurance Services from Onex Corp in a $4.3 billion deal, including debt. Valhalla, New York- based USI had net debt of about $1.82 billion as of Dec. 31 and generated earnings before interest, taxes, depreciation and amortization of $353 million in...

  • March 17- Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec agreed to buy USI Insurance Services from Onex Corp in a $4.3 billion deal, including debt. The Valhalla, New York- based company had net debt of about $1.82 billion as of Dec. 31 and generated earnings before interest, taxes, depreciation and amortization of $353...

  • March 17- Private equity firm KKR and Canadian pension fund Caisse de dépôt et placement du Québec agreed to buy USI Insurance Services from Onex Corp in a deal valuing the insurance brokerage at $4.3 billion.

  • In a letter to House of Representatives Speaker Paul Ryan, Mnuchin said that Treasury would no longer be able to fully invest in three retirement and investment funds for federal workers. They are the Civil Service Retirement and Disability Fund, the Postal Service Retiree Health Benefits Fund, and the Government Securities Investment Fund of the Federal...

  • Treasury Secretary Steven Mnuchin on Thursday announced further cash management measures to avoid a U.S. default. In a letter to House Speaker Paul Ryan, Mnuchin said that Treasury would no longer be able to fully invest in three retirement and investment funds for federal workers. They are are the Civil Service Retirement and Disability Fund, the Postal...

  • SAN FRANCISCO, March 14- The former chief executive of human resources software firm Zenefits, Parker Conrad, on Tuesday made public a new startup that will compete with his old company, marking a comeback by the Silicon Valley entrepreneur who left Zenefits under a cloud. Zenefits made a speedy ascent to a $4.5 billion valuation and was hailed by investors as one...

  • SAN FRANCISCO, March 14- The former chief executive of human resources software firm Zenefits, Parker Conrad, on Tuesday made public a new startup that will compete with his old company, marking a comeback by the Silicon Valley entrepreneur who left Zenefits under a cloud. Zenefits made a speedy ascent to a $4.5 billion valuation and was hailed by investors as one...

  • LIMA, March 14- A strike at Peru's top copper mine, Cerro Verde, may end next week if the labor ministry declares it illegal, the head of the union said on Tuesday after negotiations with owner Freeport-McMoRan Inc ended without an agreement on labor demands. Workers began the strike on Friday to demand better family health benefits and a bigger share of the mine's...

  • LIMA, March 14- An ongoing strike at Peru's top copper mine, Cerro Verde, may end next week if the labor ministry declares it illegal, the head of the union said on Tuesday after negotiations with owner Freeport-McMoRan Inc ended without an agreement on labor demands. Workers began the strike on Friday to demand better family health benefits and a bigger share of...

  • LIMA, March 10- Workers at Peru's top copper mine, Freeport-McMoRan's Cerro Verde, started an indefinite strike on Friday that halted 95 percent of production of about 40,000 tonnes per month, the union said. Freeport said in a statement that Cerro Verde was "operating and continues to engage in constructive discussions with the Union and the company's...

  • LIMA, March 10- Workers at Freeport-McMoRan's Cerro Verde started an indefinite strike on Friday that halted output of about 40,000 tonnes per month at Peru's top copper mine, a union official said on Friday. Copper prices rose following the latest disruption to global supplies, amid a monthlong strike at BHP Billiton's Escondida mine in Chile and a dispute...

  • LIMA, March 10- Workers at Freeport-McMoRan's Cerro Verde started an indefinite strike on Friday that halted output of about 40,000 tonnes per month at Peru's top copper mine, the union said on Friday. Freeport-McMoRan owns a 53.56 percent stake in Cerro Verde, which more than doubled its production to nearly 500,000 tonnes of copper last year because of an...

  • LIMA, March 6- Workers at Cerro Verde mine, one of the largest copper producers in Peru, plan to start a five-day strike on Friday to demand better labor conditions, a union representative said on Monday. Cerro Verde is controlled by Freeport-McMoRan Inc, which owns a 53.56 percent stake. News of the Cerro Verde strike comes as output at the world's two biggest copper...

  • Ivanka Trump, daughter of Republican presidential nominee Donald Trump, visits with women GOP members of Congress at the Republican National Committee headquarters on Capitol Hill September 20, 2016 in Washington, DC. In an effort to reach out to women voters, Trump met with the female politicians to promote her father's proposals on child care.

    CNBC's Ylan Mui reports on Ivanka Trump's push for child care tax credits.