By: Rob Kozlowski, Pensions & Investments
Published August 29, 2014 - 4:32pm CST
The Brink's Co., Richmond, Va., announced on Friday it has offered certain former employees who are vested in its U.S. defined benefit plan the option to accept a lump sum.
By: Matt Dunning
Published August 29, 2014 - 3:27pm CST
A former Little Caesar Enterprises Inc. employee has sued the company for denying spousal health insurance to married same-sex couples in California.
By: Matt Dunning
Published August 29, 2014 - 2:13pm CST
As high-cost medical claims continue to rise among employers that self-insure their group health benefits, the number of senior executives, financial officers and risk managers involving themselves in their company’s decisions regarding stop-loss insurance is also increasing.
Published August 29, 2014 - 10:05am CST
(Reuters) — Pilots at Lufthansa's budget carrier Germanwings staged a six-hour strike on Friday, disrupting travel plans of thousands of people returning from summer holidays and putting pressure on Lufthansa management in a pension scheme dispute.
Published August 29, 2014 - 9:38am CST
(Reuters) — Chinese police have formally arrested six staff menbers from a unit of U.S. meat supplier OSI Group Inc., the company said in a statement on Friday.
Published August 29, 2014 - 9:24am CST
(Reuters) — Iceland reduced its aviation warning level to orange on Friday after concluding that a small eruption in the Bardarbunga volcano system that triggered an hours-long red alert actually posed no threat to aircraft.
Published August 28, 2014 - 1:05pm CST
(Reuters) — Honda Motor Co. is recalling about 63,200 vehicles due to a defect in driver-side air bags made by Takata Corp., the latest in a series of air bag recalls across the industry that have affected nearly 16 million vehicles to date.
Published August 28, 2014 - 9:02am CST
(Reuters) — JPMorgan Chase & Co. is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning.
Published August 27, 2014 - 10:38am CST
(Reuters) — Malaysian police have arrested 42 men after a riot by up to 1,000 mostly Nepalese workers sparked fires and destroyed parts of an electronics export factory, highlighting accusations of poor conditions.
Published August 27, 2014 - 10:19am CST
(Reuters) — A program to compensate victims of crashes linked to a faulty ignition switch in General Motors Co. vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.
Published August 27, 2014 - 10:09am CST
(Reuters) — Britain's financial regulator has fined Royal Bank of Scotland for selling mortgages without checking if customers could afford them, undermining Chief Executive Ross McEwan's efforts.
Published August 26, 2014 - 4:46pm CST
(Reuters) — A U.S. appeals court on Tuesday revived a lawsuit against Philip Morris USA Inc. that claims the tobacco company defrauded the federal government by failing to sell cigarettes at the lowest price.
Published August 26, 2014 - 11:03am CST
(Reuters) — A federal nuclear inspector urged U.S. regulators to shut down a California nuclear power plant until tests showed its reactors could withstand quake shocks.
Published August 25, 2014 - 12:04pm CST
(Reuters) — The entanglement of H.J. Heinz Co. in China's latest food scare highlights a key concern for international and local firms.
Published August 25, 2014 - 10:12am CST
(Reuters) — A group of Wall Street banks plan to meet the U.S. Treasury Department and other government officials next month to talk about how to cooperate to fend off cyber attacks.
Published August 25, 2014 - 9:59am CST
(Reuters) — Sony Corp.'s PlayStation Network was back online on Monday following a cyber attack that took it down over the weekend that coincided with a bomb scare.
By: Judy Greenwald
Published August 21, 2014 - 2:38pm CST
The UPS Store Inc. said Wednesday that customer data at 51 of its franchised stores in 24 states may have been breached, although the situation is now contained and there is no evidence to date of fraud.
Published August 21, 2014 - 11:31am CST
(Reuters) — While an improving U.S. economy has helped rev up demand for car rentals, the rental companies have found themselves short of vehicles due to the slew of recalls by car manufacturers this year.
Published August 21, 2014 - 11:19am CST
(Reuters) — Russia said on Thursday it was investigating dozens of McDonald's restaurants, in what many businessmen said was retaliation for Western sanctions.
By: Judy Greenwald
Published August 20, 2014 - 2:17pm CST
A former emergency medical technician who was fired after she refused psychological counseling that was required by a supervisor concerned about her “immoral” sexual conduct.
Published August 20, 2014 - 11:57am CST
(Reuters) — Macy’s Inc. has agreed to pay $650,000 to New York’s attorney general and install a monitor to resolve allegations that its security personnel targeted minority shoppers.
Published August 20, 2014 - 10:19am CST
Even when a loss assessor contributes to losses for the insurer she works for it’s apparently not sufficient grounds in Ireland to fire her.
Published August 19, 2014 - 2:25pm CST
(Reuters) — The U.S. Coast Guard closed a 15-mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60-year-old power plant owned by Duke Energy 20 miles east of Cincinnati.
Published August 19, 2014 - 12:25pm CST
(Reuters) — U.S. foodmaker H.J. Heinz Co. said it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves.
Published August 19, 2014 - 11:34am CST
(Reuters) — General Motors Co.'s website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said.