Videogame maker Activision Blizzard has agreed to pay nearly $55 million to settle a California civil-rights lawsuit brought over complaints of sexual harassment, discrimination and pay disparities by…
Read more Activision Blizzard to pay $55 million to settle California civil-rights lawsuitNovember’s sharp pullback in 30-year fixed mortgage rates may not last if the labor market remains strong, said Mark Palim, deputy chief economist at Fannie Mae. Palim was…
Read more Mortgage rates' dip to 7% could be brief if jobs market stays strong, Fannie Mae economist saysHonda Motor Co.’s U.S. unit joined other foreign carmakers in raising their automobile workers’ wages in the wake of historic wins for the United Auto Workers and as…
Read more Honda joins Toyota in raising U.S. wages for its auto workers as unionization push loomsUpdated Oct. 28, 2023 10:03 pm ET The United Auto Workers called a fresh strike at a General Motors factory in Tennessee, a surprise walkout after negotiators had…
Read more WSJ News Exclusive | UAW Expands Strike With GM After Reaching Tentative Agreement With StellantisFord Motor Co.’s stock dropped 4% after hours Thursday after the carmaker reported lower-than-expected quarterly earnings and withdrew its guidance for the year, citing the pending agreement with…
Read more Ford’s stock drops 4% after carmaker pulls guidance, EV unit loses $1.3 billionStriking United Auto Workers want better wages, improved job security, retiree pay increases, and a 32-hour work week that could turbocharge broader acceptance of shorter work weeks. Right…
Read more UAW strike sets the stage for the 4-day work week — and a win could take it mainstreamThe U.S. unemployment rate jumped to an 18-month high of 3.8% in August. Does that mean the economy is tottering and layoffs are rising from near record lows?…
Read more Unemployment surge to 3.8% may be a summer-jobs mirageUPS employees approved a new five-year union contract with the delivery giant Tuesday, about a month after reaching a tentative deal that averted a strike of 340,000 United…
Read more UPS workers vote to approve ‘historic’ five-year contractPackage-delivery giant United Parcel Service Inc. and the Teamsters union on Tuesday said they had reached a tentative five-year labor agreement that would boost jobs, pay and other…
Read more UPS, Teamsters reach tentative deal, averting threat of a strikeThe chief executive of the high-end office-furniture company MillerKnoll has gone viral. And probably not in a manner she would prefer. In a leaked Zoom call of a…
Read more Employees asked about their canceled bonuses. The CEO warned them against living in ‘Pity City.’Wall Street bonuses fell 26% in 2022, the largest drop since the collapse of Lehman Brothers in 2008, as New York state and city officials dial back their…
Read more Wall Street bonuses fall by the most since 2008 as policy makers mull economic impactZoom to Lay Off 15% of Staff, CEO Slashes Salary Source link
Read more Zoom to Lay Off 15% of Staff, CEO Slashes SalaryIntel Corp. continues to cut costs for everything except payments to investors. Intel INTC, +3.03%, which is already in the process of cutting what is believed to be…
Read more Intel cuts pay, bonuses and other benefits while maintaining dividendThe numbers: The employment cost index slowed at the end of 2022 for the third quarter in a row, but worker compensation still rose a sharp 1% and…
Read more U.S. employment costs slow again, but they’re still rising too fast to comfort Fed as inflation battle ragesWe want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience,…
Read more Inflation and credit-card debt are on the rise, despite a strong job market. Tell us how the economy is affecting you.
