Wages | OTC Capital Partners
Sunday, February 5, 2012

Small business hiring slows, wages dip in January

Posted by Reuters: Business News on January 30, 2012

WASHINGTON (Reuters) – Small business payrolls grew at a slower rate in January and wages fell, an independent survey showed on Monday, suggesting the pace of overall job growth moderated after December’s sturdy gain.



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Summers calls for new boost to economy

Posted by Reuters: Business News on June 13, 2011

WASHINGTON (Reuters) – Former White House aide Larry Summers on Sunday urged expanded tax cuts on U.S. workers’ wages, warning that America’s economy was at risk of years of Japan-style stagnation without a further boost.



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AT&T wage lawsuit cannot proceed as class-action

Posted by Reuters: Business News on May 13, 2011

NEW YORK (Reuters) – AT&T Inc won a ruling from a Manhattan federal judge to decertify a class-action lawsuit by more than 4,100 workers who complained its mobile unit failed to properly pay wages and overtime.



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ECB’s Trichet says wage rises would be folly

Posted by Reuters: Business News on February 20, 2011

PARIS (Reuters) – European Central Bank President Jean-Claude Trichet warned on Sunday against raising wages in the euro zone as inflationary pressures heat up in the bloc.



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BA to hire lower-paid cabin crew amid dispute

Posted by Reuters: Business News on June 24, 2010

LONDON (Reuters) – British Airways said it planned to recruit over one thousand new cabin crew on lower wages than current staff as it faces possible further strikes by existing flight attendants in August.



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UAW meets as union looks to claw back from crisis

Posted by Reuters: Business News on June 14, 2010

DETROIT (Reuters) – United Auto Workers delegates will gather in Detroit this week to elect new leaders as the union emerges from the U.S. auto industry’s near-death experience with fewer workers, lower wages and an uncertain set of bargaining chips.



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Hon Hai shares tumble on new China wage rise

Posted by Reuters: Business News on June 7, 2010

TAIPEI/HONG KONG (Reuters) – Shares in Hon Hai Precision Industry tumbled on Monday on concerns about earnings after the electronics maker offered workers in southern China a second pay rise that could double wages from a month ago.



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Foxconn to up wages again at suicide-hit China plant

Posted by Reuters: Business News on June 6, 2010

TAIPEI (Reuters) – iPhone maker Foxconn has offered workers at its Shenzhen manufacturing hub in China a 66 percent performance-based pay rise as it tries to deal with the fallout from a spate suicides there.



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Portugal austerity plan has no wage cuts, tax hikes: reports

Posted by Reuters: Business News on March 7, 2010

LISBON (Reuters) – Portugal’s long-term budget austerity plan encompasses spending cuts via reducing tax breaks and containing public sector wages, but entails no Greece-style wage cuts or tax hikes, local media said on Sunday.



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Japan factory output jumps, momentum in doubt

Posted by Reuters: Business News on December 28, 2009

TOKYO (Reuters) – Japan’s industrial output rose for the ninth consecutive month in November, driven by strong exports and domestic subsidies, but swelling inventories and falling wages threaten to end the longest climb in more than 12 years.


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