With executive compensation topping this week's G20 Summit agenda and the Fed considering limits on bank execs' pay packages, corporate America is getting the message. A business group is now proposing its own reforms. Amy Scott reports.
A coalition of corporations and investors want to change the way executives are paid. The idea would be to reduce short-term financial incentives so executives would focus on long-term results and tie pay to performance. Tamara Keith reports.
Despite signs of an economic recovery, jobs are still scarce. Increasing unemployment means more people are having to start over, like commentator Peter Basch.
Cleveland is a hub for the auto industry, and one of the first cities to have faced the foreclosure crisis. But the recession there has branched out to all sectors. Dan Bobkoff reports.
The Federal Reserve is looking at a proposal that would require Fed approval on policies that set the pay of bank workers. Would this reduce risky behavior? Amy Scott reports, and Steve Chiotakis talks to Richard DeKaser of Woodley Park Research.
California courts are closed today for one day in an effort to save money, and many court employees are furloughed. This is set to happen once a month. Jeff Tyler looks at how this will impact the system and whether it will help.
Physicians and other medical specialists worry about how their pay will be affected in the debate on reform. But some also want to see money used to promote preventive care. Jill Barshay reports in our latest installment of "The Cure."
The organized labor movement has a strong relationship with the Obama administration. But beyond its minor victories, the union movement is struggling in its big push to reform labor laws. Jill Barshay reports.
Day laborers and activists are on Capitol Hill today pushing for immigration reform. They argue the economic crisis has meant growing abuse of illegal workers — and the practice is spreading to legal ones, too. Steve Henn reports.
Starting this month, Wal-Mart will stop issuing paper checks. Employees can either get paid through direct deposit or a pre-paid debit card. But some consumer advocates worry this pushes people away from traditional banks. Alisa Roth reports.