Latest Wages and salaries News

Audit: Louisiana city's pay supplement may have been illegal

Jan. 18, 2020 12:42 PM EST

OAKDALE, La. (AP) — A southwestern Louisiana city may have run afoul of the state's constitution when it gave its workers a one-time pay supplement that cost nearly $41,000, according to an independent financial audit. The city of Oakdale could have violated a Louisiana Constitution provision governing how...

Ruling: Casino employee can't claim workers' comp benefits

Jan. 17, 2020 12:21 AM EST

SANTA FE, N.M. (AP) — A New Mexico Supreme Court decision says at least some tribal casino workers injured on the job can't receive benefits through the state's workers' compensation program. A unanimous ruling Thursday precludes an Isleta Pueblo casino employee who hurt a knee while pushing chairs from...

In this Tuesday, Jan. 14, 2020, photo, miners, who say they haven't been paid in nearly three weeks, set up a tent at the site where they block a coal train in theĀ KimperĀ area of Pike County, Ky. A group of Kentucky coal miners who blocked a railroad track for three days over unpaid wages have ended their protest, claiming victory with their paychecks.  (Ryan C. Hermens/Lexington Herald-Leader via AP)

Kentucky coal miners end protest with paychecks

Jan. 16, 2020 6:34 PM EST

PIKEVILLE, Ky. (AP) — A group of Kentucky coal miners who blocked a railroad track for three days over unpaid wages have ended their protest, claiming victory with their paychecks. Miners and their families began standing on the tracks leading from Quest Energy in Pike County on Monday, preventing a train...

Deputy Prime Minister of Canada Chrystia Freeland, left, Mexico's top trade negotiator Jesus Seade, center, and U.S. Trade Representative Robert Lighthizer, sign an update to the North American Free Trade Agreement, at the national palace in Mexico City, Tuesday, Dec. 10. 2019. Observing from behind are Mexico's Treasury Secretary Arturo Herrera, left, Mexico's President Andres Manuel Lopez Obrador, second left, Mexico's Labor Secretary Maria Alcade, third left, and The President of the Mexican Senate Ricardo Monreal. (AP Photo/Marco Ugarte)

Senate passes US-Canada-Mexico trade deal, a Trump priority

Jan. 16, 2020 4:08 PM EST

WASHINGTON (AP) — The Senate overwhelmingly approved a new North American trade agreement Thursday that rewrites the rules of trade with Canada and Mexico and gives President Donald Trump a major policy win before senators turn their full attention to his impeachment trial. The vote was 89-10. The measure...

Abigail Disney, granddaughter of Walt Disney Co. co-founder Roy Disney, speaks with reporters at the Capitol in Sacramento, Calif., Wednesday, Jan. 15, 2020. Disney testified before state lawmakers in support of a bill that would raise taxes on some of the country's largest corporations. The size of the tax increase would depend on the gap between what a company pays its CEO versus the average salary for employees. The larger the gap, the higher the tax increase. (AP Photo/Adam Beam)

California targets companies with highly paid execs

Jan. 15, 2020 8:34 PM EST

SACRAMENTO, Calif. (AP) — California is considering raising taxes on some of the country's largest companies, but the size of the tax increase would depend on how much its highest-paid executive makes compared to its employees. The bigger the gap, the bigger the tax increase. The bill by Democratic state...

FILE - In this Sept. 25, 2019, file photo David Solomon, Chairman and CEO of Goldman Sachs, speaks at the Bloomberg Global Business Forum in New York. Goldman Sachs reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Mark Lennihan, File)

Goldman Sachs profit falls 24% as legal expenses mar results

Jan. 15, 2020 8:53 AM EST

NEW YORK (AP) — Goldman Sachs said its fourth-quarter profits dropped by 24% from a year earlier, as the bank had to set aside money to cover its looming settlement with U.S. authorities over its role in a Malaysian sovereign wealth fund scandal. The investment bank said Wednesday that it earned a profit...

FILE - In this Sept. 29, 2019, file photo, WNBA Commissioner Cathy Engelbert speaks at a news conference in Washington.  The WNBA and its union announced a tentative eight-year labor deal Tuesday, Jan. 14, 2020,  that will allow top players to earn more than $500,000 while the average annual compensation for players will surpass six figures for the first time. I call it historic,

WNBA's 8-year labor deal to hike average salary to $130,000

Jan. 15, 2020 12:54 AM EST

NEW YORK (AP) — The WNBA and its union announced a tentative eight-year labor deal Tuesday that will allow top players to earn more than $500,000 while the average annual compensation will surpass six figures for the first time. The contract, which begins this season and runs through 2027, will pay players...

Judge: South Dakota to pay lawyer fees after fundraising ban

Jan. 14, 2020 6:06 PM EST

SIOUX FALLS, S.D. (AP) — South Dakota taxpayers will pay nearly $115,000 in lawyer fees to plaintiffs who challenged an initiated measure that prohibited ballot question committees from accepting out-of-state money. The measure, passed by voters in 2018, was pushed by legislators unhappy with what they...

Charleston firefighters to get $1.7M for holiday pay error

Jan. 14, 2020 4:54 AM EST

CHARLESTON, W.Va. (AP) — Union firefighters in Charleston will receive $1.7 million in back pay for being incorrectly compensated for holiday work since 2012, officials announced Monday. Charleston Mayor Amy Shuler Goodwin said the settlement with firefighters Local 317 comes after a conflict between...

FILE - In this Jan. 26, 2011 file photo, Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, on the floor of the New York Stock Exchange. Calhoun took over Monday, Jan. 13, 2020, as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg. (AP Photo/Richard Drew, File)

New Boeing CEO inherits crisis created under his predecessor

Jan. 13, 2020 7:57 PM EST

Changing CEOs was the easy part. Now it's up to Boeing's new leader to deal with a crisis caused by two crashes and the grounding of the company's best-selling plane. David Calhoun took over Monday as Boeing's third CEO in the last five years, following the firing last month of Dennis Muilenburg. Calhoun will...