General Electric Co.’s new incentive pay plan gives Chief Executive Officer Jeffrey Immelt motive to tap $16.7 billion from last month’s sale of the rest of NBC to fund industrial acquisitions.
Insurer says it will boost its 401(k) match from 50% to 100% of the first 4% employees defer.
House bill establishing national policy would exempt companies from tougher state, local rules.
Insurer disclosed in filing that it failed to pay monthly pension benefits to some retirees.
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