07/28/2009
Yes, you read right. Four billion dollars. Billion—with a “B”! A California superior court recently confirmed an award of $4.1 billion against a Chinese company, its U.S. affiliate and its founder after an arbitrator found them liable in a compensation dispute with a former executive.
07/28/2009
Even after the economy recorded its worst contraction in a quarter-century, health care costs for the nation’s employers are expected to grow by another 9% next year, according to a new study. Employers say they plan to push more of the costs of insurance to their workers in 2010, while expecting greater responsibility from workers for managing their personal health.