Cost-Containment

IBM said the benefits of about 110,000 of its retirees would be administered by Extend Health, a private exchange run by Towers Watson & Co., beginning on Jan. 1. Time Warners similar move goes into effect the same day.

The increases in paid sick days demonstrate how employers are responding to workers needs, as well as recognizing that its not smart to make sick people come to work.

Magellan Health Services Inc. said Monday it will buy pharmacy benefits manager Partners Rx for $100 million.

With retail margins historically thin, Kroger takes a whack at its health coverage package at its Central Division in Indianapolis. Are more cuts on the way?

Labor Day was established more than 100 years ago and a lot has changed about our economy in the decades since, most of it good, but some of it perhaps less so.

The idea to more than double the federal minimum wage is not considered viable by many analysts on either side of the political spectrum.

The backlash against working for free comes after a federal judge ruled that Fox Searchlight Pictures violated federal minimum wage and overtime laws by not paying interns who worked on "Black Swan."

Customers want a deal when they order burgers and fries. But those cheap eats squeeze franchise store owners who say they already survive on slim margins. And the fast-food corporations have to grow profits to keep shareholders happy.