Walgreen Co. will pay $6.7 billion in cash and stock to buy a stake in European health and beauty retailer Alliance Boots in the first international venture for the largest U.S. drugstore chain.

Because of new compensation regulations in the United States, United Kingdom and other countries, financial services companies are placing greater focus on talent management and rewards beyond pay in an effort to attract, retain and engage top talent, according to a poll of financial services executives conducted by Towers Watson,...

Two out of three members of senior management believe retention of key talent is a top concern, and 83 percent say it is very costly, according to the Retention of Key Talent and the Role of Reward study by WorldatWork; Hay Group; and Dow Scott, a professor of human resources...

As the recession took its toll many states diverted scarce money away from pension plans to pay for more immediate concerns, and the amount of new costs states will owe the public retirement funds in the decades ahead ballooned to $757 billion, according to a study released Monday.