Tag: Compensation and benefits

JPMorgan posts record annual profits as US banks thrive in final quarter of 2024

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall...

Ski patrollers reach deal to end strike at Utah's Park City Mountain Resort

Ski patrollers at the biggest U.S. ski resort reached a tentative deal with the corporate owner of Utah's Park City Mountain Resort to...

VW wage deal for 120,000 German workers avoids layoffs, plant closures

FRANKFURT, Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant...

Will Juan Soto top Shohei Ohtani's deal? In the era of deferred money, it might depend on the math

NEW YORK -- Deciding whether Juan Soto tops Shohei Ohtani for baseball’s largest contract could be in the eye of the beholder because...

US hiring likely rebounded last month after storms and strikes curtailed October job growth

WASHINGTON -- Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to...

Mexico raises its minimum wage by 12%, but it marks no increase in dollar terms

MEXICO CITY -- Mexico announced Wednesday that it will increase its still strikingly low daily minimum wage by 12% next year. But because...