Lindsey Piegza, Sterne Agee chief economist, and CNBC contributor Michael Farr, dig into current market conditions and when the Fed may taper.» Read More
Some workers at Gerawan Farming have submitted signatures to decertify the union there. CNBC's Jane Wells reports on the details of the labor fight.
DETROIT, Sept 23- General Motors Co said on Monday it would buy back just under half of its preferred shares held by the United Auto Workers health care trust for about $3.2 billion. To finance the purchase of 120 million of the Series A preferred stock from the UAW Retiree Medical Benefits Trust at $27 a share, GM said it would raise funds with a debt offering.
DETROIT, Sept 23- General Motors Co said on Monday it had reached a deal to buy back 120 million of its preferred shares from the United Auto Workers health care trust for about $3.2 billion.
Google is offering its employees meditation and mindfulness courses, hoping to increase innovation. Former software engineer at Google, Chade-Meng Tan describes his courses and how employees are benefiting. Kenny Polcari of O'Neil Securities is guided in meditation.
Sept 19- Home Depot Inc is shifting medical coverage for part-time workers to new public marketplace exchanges ahead of new benefits requirements under the U.S. Home Depot's change would affect roughly 20,000 part-time workers who previously had chosen the limited liability medical plan the company offered, spokesman Stephen Holmes said.
The SEC voted in favor of a CEO pay ratio rule, which could force companies to share how their executive's pay compares to their rank and file employees. Former SEC Chairman Harvey L. Pitt, weighs in.
CNBC's Kayla Tausche, Kelly Evans and Dominic Chu discuss a new Wells Fargo that says more than half of millennials are not confident in the stock market to invest for retirement.
Walgreen is shifting employees to private health care exchanges. CNBC's Bertha Coombs reports the company will give 120,000 employees cash and asking them to choose from insurance plans offered on the Aon Hewitt private benefit exchange.
NEW YORK, Sept 18- Walgreen Co, the largest U.S. drugstore, is moving 120,000 employees to a private health insurance exchange where they can choose a plan from multiple insurers, a sign of the shifting landscape for corporate healthcare because of rising costs.
NEW YORK, Sept 18- Walgreen Co is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Wednesday. The benefit to Walgreen and other employers is unknown at this point, as their cost-savings are not clear.
NEW YORK, Sept 17- Walgreen Co is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Friday. The benefit to Walgreen and other employers is unknown at this point, as their cost-savings are not clear.
Sept 13- If Bill de Blasio becomes New York City's first Democratic mayor in 20 years, the liberal politician would soon find himself immersed in labor talks that could saddle the city with a $7 billion bill for retroactive wage increases for municipal workers. If he does, he would face Republican Joe Lhota in November's mayoral election.
DETROIT, Sept 12- Detroit's emergency manager is considering ending its health insurance coverage for city retirees under age 65 and giving them a modest stipend to purchase insurance from the health exchanges being established under Obamacare, according to a lawyer who represents two associations of public workers.
Sept 12- Employers will not face a penalty if they fail to inform their workers by Oct 1 about changes under President Barack Obama's healthcare law, the administration said, in what will likely come as a relief to many small businesses.
DETROIT, Sept 12- Detroit emergency manager Kevyn Orr may replace healthcare coverage for about 11,000 city retirees under 65 with a $125 per-month stipend to purchase coverage from insurance exchanges established under the U.S.
In a survey by Equilar, two thirds of CEOs met or exceeded the goals linked to performance based pay granted from 2008 to 2010, reports CNBC's Mary Thompson. Are CEOs paid too much? Former SEIU board member Stephen Lerner, and Katherine Mangu-Ward, Reason Magazine, share their opinions.
DETROIT, Sept 12- Detroit emergency manager Kevyn Orr may replace healthcare coverage for retirees under 65 with a $125 per-month stipend to purchase coverage from insurance exchanges established under the U.S.
According to the WSJ, millennials are bringing their helicopter parents to work. Also, a federal judge rules exotic dancers in New York City are protected by Labors Law and entitled to at least minimum wage. CNBC's Bob Pisani, weighs in.
Sept 9- Shares of Towers Watson& Co jumped as much as 10 percent on Monday after IBM said it will move its U.S. retirees to an insurance exchange owned by the employee benefits consultant. Towers Watson said it operates the largest private Medicare exchange in the United States.
Some companies are beginning to change to a defined contribution plan when it comes to retiree health benefits. CNBC's Bertha Coombs and Sharon Epperson offer insight.