Legal

The Democrats who run Illinois insist they're serious about controllingpension and health costs, even though it would mean opposing their own constituents and political allies in an election year.

PBGC and vehicle parts supplier reach an agreement relating to outstanding pension obligations following a 2007 Kentucky plant closure.

Genworth Financial Inc. said Tuesday that Chairman and CEO Michael D. Fraizer has resigned, and the board has tapped Chief Financial Officer Martin P. Klein to fill as CEO while it searches for a successor.

Britain's border control union has set a strike date for May 10 as part of its dispute with the government over retirement ages.

American Airlines said Tuesday that several top executives are leaving the financially troubled company, including its chief labor negotiator.

A Massachusetts city's pension fund has sued mega Web-search company Google, over concerns that Google's proposed stock split would generate non-voting shares.