Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club ...

Ford Motor Co. reported Wednesday that its 2024 profits in the United States will result in about 57,000 UAW hourly workers receiving profit-sharing checks of up to $10,208, compared with $10,416 for ...

Regulators have suspended a former Schwab advisor over allegations that he engaged in an illicit profit-sharing arrangement with a client who was also a family member. Daniel Roper accepted a two-year ...

Revenue sharing is the regular distribution of a portion of corporate wealth to certain stakeholders, such as employees and business partners, as an incentive. In a revenue-sharing program, ...

Stellantis workers who are represented by the UAW are in line to get profit-sharing checks this year that could total $13,860, a drop from last year but still the highest payout among the Detroit ...

Employers with Massachusetts-based employees know that the Massachusetts Wage Act (the “Wage Act”), with its strict liability and automatic treble damages and attorneys’ fees, is a powerful and ...

Correction: An earlier version of this story incorrectly reported that workers were walking out of plants in protest of not getting profit-sharing checks. United Auto Workers members with Stellantis ...

TOLEDO, Ohio — General Motors workers are set to receive record profit-sharing $14,500 checks, following a strong financial year for the company. This announcement comes as the auto industry awaits ...

Lockheed has reached a profit-sharing agreement with the U.S. government related to the production of much-needed air defense missiles, the biggest U.S. defense contractor by output said on Thursday, ...