Latest Wages and salaries News
Báez can boost option price and buyout with Astros
HOUSTON (AP) — Reliever Pedro Báez can boost his 2022 option year salary and also his buyout as part of his $12.5 million, two-year contract with the Houston Astros. Báez will receive a $500,000 signing bonus, payable on Feb. 28, as part of the deal finalized Friday. He gets salaries of $4.5...
Deaths, self-immolation draw scrutiny on China tech giants
HONG KONG (AP) — E-commerce workers who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest. China’s internet industries already were known for long, demanding days. With...
Maryland prison workers indicted in payroll scheme
BALTIMORE (AP) — Three Maryland prison system employees have been charged in a bribery and kickback scheme involving unearned pay, according to authorities. Fiscal technician Shantil Carter and correctional officers Okezie Chidume and Gerald Leon Solomon Jr. were indicted Monday by a Baltimore County grand...
Lindor, Bryant, Bellinger, Seager get big-money deals
NEW YORK (AP) — Francisco Lindor, Kris Bryant, Cody Bellinger and Corey Seager were among 112 players who agreed to one-year contracts Friday, leaving just 13 to swap salary arbitration figures during a slow offseason in the aftermath of the financial carnage caused by the coronavirus pandemic. The deals...
Mets avoid arb with 8 players, including Lindor, Conforto
NEW YORK (AP) — The New York Mets agreed to one-year contracts with eight players Friday to avoid salary arbitration, including shortstop Francisco Lindor, outfielder Michael Conforto and first baseman-outfielder Dominic Smith. Lindor will earn $22.3 million and Conforto gets $12.25 million in their final...
New Mexico seeks answers on federal rollout of vaccine doses
ALBUQUERQUE, N.M. (AP) — New Mexico officials said Friday that they were disappointed to learn that the state may not get as many vaccine doses as promised by the federal government just days ago. New Mexico is not alone as uncertainty over the pace of federal COVID-19 vaccine allotments has triggering...
Wells Fargo 4Q profit rose 4%, tops Street estimates
SILVER SPRING, Md. (AP) — Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak. The bank, based in San Francisco, said Friday that its earnings rose to $3 billion, or 64 cents per share, compared with earnings of $2.87 billion ,...
Instacart, others push incentives to get workers vaccinated
As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots. Instacart Inc., the grocery delivery service, announced Thursday that it would provide a $25 stipend for workers who get the COVID-19 vaccine. It joins others, including Trader...
MLS players won't be rushed into decision on revising CBA
The Major League Soccer Players Association won’t be rushed into a decision on proposed changes to the collective bargaining agreement with the league amid uncertainties about the 2021 season, the union's executive director said. MLSPA executive director Bob Foose on Wednesday decried the league's decision...
South Dakota Chief Justice wants pay raises for judges
PIERRE, S.D. (AP) — South Dakota Chief Justice Steven R. Jensen used his first State of the Judiciary address on Wednesday to argue for higher pay for judges in the state's court system. Jensen took over the helm this month after former Chief Justice David Gilbertson retired from a 20-year tenure at the...
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