Merrill's Thain Wants $10 Million Bonus: Report
Merrill Lynch Chief Executive John Thain has suggested to directors that he get a 2008 bonus of as much as $10 million, but the battered company's compensation committee is resisting his request, the Wall Street Journal said, citing people familiar with the situation Read more...
Legislators return to town, start chasing coin
Lobbyists may still be nursing their overworked checkbooks from the election season that culminated last month, but with the Florida Senate beginning its first committee work-week today the fundraisers for 2010 are ready to launch. Read more...
Chrysler’s Friends in High Places
In early November, as America’s automakers grasped for a lifeline from Washington, the Treasury secretary, Henry M. Paulson Jr., placed a call to his predecessor, John W. Snow. The topic: Chrysler L.L.C. Read more..
Area’s unions ponder role Membership remains relatively high here
The union membership rate in the Wilkes-Barre/Scranton labor market sharply outpaces national figures, a legacy of the region’s stormy relationship between workers and management. But while working conditions have greatly improved since the era when dozens of coal miners died underground and young children picked rock from chutes of coal, local union leaders believe American workers still need organized representation. Read more...
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