News

The lawsuit, like many 401(k) lawsuits filed by employees over the past year, challenged HP’s decision to use “forfeitures” to reduce employer contributions rather than to pay administrative costs.

Debt sale received a BBB rating from S&P because it expects Flower Foods’ net debt–to–EBITDA ratio to remain above 3 for at least two years.

Even as new research suggests many employees would take a salary reduction in exchange for work-from-home flexibility.

About 70% of the 401(k) plan—nearly $2 billion—was invested in one fund, when “much cheaper” versions of this investment were available, allege employees in the class-action lawsuit.

The U.S. junk market, by contrast, has a “largely manageable” volume of debt coming due in the next three years.

Federal Reserve Bank of Chicago President Austan Goolsbee warns that lessons from the pandemic suggest tariffs might become inflationary by creating supply-side disruptions.