Ball Bearing Workers Get 5-Figure Bonuses
Nov 29th, 2008 · Employees of the Peer Bearing Co., which makes ball bearings outside Chicago, are getting a healthy year-end bonus, thanks to the family owners who sold the company to a Swedish firm.
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Wall Street Bonuses Dwindle
Nov 6th, 2008 · Steve Inskeep has business news.
Boeing Production Workers Return To Their Jobs
Nov 3rd, 2008 · Boeing's commercial aircraft workers are heading back to factory floors. The union and company executives agreed on a contract that ended the costly two-month walkout. In the end, Boeing and the union forged a compromise on the thorny issue of hiring non-union contract workers. The machinists union also won raises of 15 percent over four years, as well as bonuses.
Lehman CEO Testifies On Capitol Hill
Oct 6th, 2008 · Even as the company was heading toward collapse, executives at Lehman Brothers were being awarded millions in bonuses and special payments. Lehman CEO Richard Fuld has told Congress he feels "horrible" about the way the company imploded.
Airline Executives' Rich Bonuses Rile Pilots Union ****
Jan 31st, 2008 · American Airlines is in the middle of difficult contract negotiations with its pilots union. Four years ago, the airline's unions took large salary cuts to keep it from going bankrupt. Now executives are receiving hundreds of millions of dollars in bonuses, and that has infuriated the company's rank-and-file employees.
Army Faces Tougher Recruitment in 2008 *
Dec 22nd, 2007 · The U.S. Army met its recruiting goals for fiscal year 2007, but had to pay recruiting bonuses and lower its standards. The Army also dipped into recruits from its Delayed Entry Program. The Army faces an even tougher challenge in 2008 as it seeks to expand enlistment.
'Marketplace' Report: Wall Street Bonuses
Nov 19th, 2007 · It's been a terrible year for the securities industry, but some analysts are predicting that bonuses will be bigger than ever. Marketplace's Amy Scott discusses just how much extra cash top executives' may have to spend this holiday season.
Tough Times on Wall Street
Nov 7th, 2007 · A new report shows private equity bidders are walking away from deals. Because of the credit squeeze, the number of failed buy outs has doubled this year. The credit problems are taking their toll on executives in charge of those deals. Wall Street bonuses are expected to fall by 10 percent.
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