U.S. top court backs companies over worker class-action claims
WASHINGTON (Reuters) – The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring…
GM Korea cancels news briefing as temporary workers storm venue
BUPYEONG, South Korea (Reuters) – General Motors Co’s (GM.N) South Korean unit canceled a news conference on Monday after a dozen temporary workers forced their way into the event venue…
Australia’s ANZ cuts financial planner bonuses as inquiry reshapes an industry
SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the country’s first major lender to change business practices in response…
ANZ scraps sales bonuses for financial planners as inquiry shakes up sector
SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd (ANZ.AX) said it would stop paying financial planners bonuses for selling its products, the first of the country’s top lenders…
Air France-KLM CEO to quit after staff reject pay deal
PARIS (Reuters) – Air France-KLM (AIRF.PA) CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay deal, plunging the airline into turmoil amid a wave of…
Union chief upbeat on prospects for deal in German wage talks
POTSDAM, Germany (Reuters) – Negotiators for both Germany’s public sector unions and employers signaled a willingness to compromise at the start of a third round of wage talks on Sunday,…
German interior minister rejects union’s six percent wage demand
BERLIN (Reuters) – German Interior Minister Horst Seehofer said on Saturday he would press for “reasonable results” in the next round of pay talks with more than two million public…
ISS recommends against Goldman pay plan, worried on costs
BOSTON (Reuters) – Proxy advisor Institutional Shareholder Services on Friday recommended investors vote against a stock plan for employees at Goldman Sachs Group Inc,(GS.N) concerned about its costs and the…
U.S. nonfarm payrolls post largest gain in one-and-a-half years
WASHINGTON (Reuters) – U.S. job growth surged in February, recording its biggest increase in more than 1-1/2 years, but a slowdown in wage gains pointed to a gradual increase in…