A House Committee alleges the PBGC allowed over $127 million to flow to deceased pension-plan participants; the PBGC asserts funds were not "improperly" paid.

Assessing ESG characteristics and their place in cash investing may require treasury professionals to do some extra homework.

Last week's 187,000 initial applications for unemployment benefits reflect the lowest level for that metric since September 2022.

The conglomerate announced its plan to halt pensions for non-union workers shortly after IBM's announcement that it will resurrect defined-benefit plans.