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J&J agrees to pay $700M to settle talc probes in 42 states

Johnson & Johnson reached a tentative settlement Tuesday to resolve state investigations into whether it misled consumers about the safety of talc products that thousands of lawsuits allege are carcinogenic. It was announced that it had been reached. The agreement includes 42 states and Washington, DC. The company has tentatively agreed to pay about $700 […]

California State University faculty strike to demand ‘gender-inclusive’ restrooms, pay increases — reach tentative agreement

Unionized faculty at California State University, the nation's largest university system, started a strike Monday, first day of term. According to Thursday press release According to the California Teachers Association, the union representing 29,000 CSU workers, the “university strike” stems from failed contract negotiations that have been ongoing since May. The union, which had planned […]

Bernie Sanders, Democrats unveil tax bill targeting excessive CEO pay

Sen. Bernie Sanders and the Democratic caucus are pushing for higher taxes on companies that pay their chief executives at least 50 times their typical employee salary, saying the bill is necessary to limit corporate greed. ing. The union-backed proposal could affect some of the nation's biggest companies and largest employers and would prevent companies […]

Walmart Plans To Raise U.S. Store Managers’ Annual Pay

The Walmart logo is seen outside a Walmart store on August 15, 2022 in Burbank, California. – Walmart, the largest U.S. retailer, is scheduled to report second-quarter earnings on August 16, 2022. (Photo by Robin Beck/AFP) (Photo by Robin Beck/AFP via Getty Images) OAN's Elizabeth Bolbelding12:33 PM – Monday, January 22, 2024 Walmart, America's largest […]

JPMorgan CEO Jamie Dimon gets $36M pay package in 2023

JPMorgan's board of directors will give Chief Executive Officer Jamie Dimon a 4.3% raise in 2023, bringing his annual compensation to $36 million, after the bank posted record profits in its fiscal year. decided to raise it to . The board awarded Mr. Dimon a salary of $1.5 million and performance-based incentives of $34.5 million, […]