President Barack Obama said on Friday that construction of the Keystone XL pipeline to transport crude oil from Canada to the U.S. Gulf Coast would only nominally benefit American consumers and workers in perhaps his strongest comments on the Canada- to-U.S. pipeline to date. His comments come as Republican leader Mitch McConnell has said his party's first...» Read More
A new study finds that the recession has left many jobless workers struggling to cope with the psychological stress caused by becoming unemployed in a weak economy.
One major bank's recent announcement that it will boost base pay while reducing bonus opportunities for certain employees spawned headlines around the globe, and with good reason.
Of all the problems thrown up by the ailing economy, an aging workforce is certainly one of the smaller ones, but for those in leadership positions, recognizing its effect on the next generation of talent is likely to be key in retaining that talent beyond the new retirement dates of their more experienced employees.
Welcome to the wonderful world of working for no pay.
A growing number of companies are embellishing their benefits packages with "concierge services" -- everything from flower deliveries and car detailing to restaurant reservations and clothes alterations.
AK Steel Holding said Monday it would create a $663 million healthcare trust as part of a lawsuit settlement with retirees, sending its shares up more than 10 percent.
Judith Spanier, a plaintiff’s attorney and partner at Abbey, Spanier, Rodd & Abrams, told CNBC’s “Power Lunch” that Wal-Mart’s workers “have no voice except for litigation.” But Aliza Herzberg, a partner at Olshan, Grudman, Frome, said prospective workers routinely flood Wal-Mart with job applications when a new store opens, including 25,000 people who applied for 400 jobs in Evergreen, Ill.
The Wall Street Journal reported that a Wal-Mart employee was fired for recording phone calls with a New York Times reporter last month. And now, the man claims he was part of a more elaborate corporate espionage scheme. Labor and privacy experts joined “Street Signs” to analyze the case. David Garland, co-chair of the employment and labor group at Sills Cummis, explained to CNBC's Erin Burnett that at times, employees will go too far when snooping for the company...
Wal-Mart Stores on Thursday announced several new initiatives to recognize performance and service among its employees.
Governor Arnold Schwarzenegger is introducing a new plan to cover nearly all of California's uninsured. The Clinton administration tried something similar but the proposal died in Congress before it ever got off the ground. Does the former body-builder have the political muscle to get his idea past his political opponents? On CNBC’s “Morning Call” we took a closer look at his plan and why it could land before a judge.