But Our Salaries Need To Compete
Mon, 22 Dec 2008 15:34:17 -0800
All across the country, companies are cutting pay and benefits, including for managers, to keep their businesses afloat: FedEx Corp., struggling against intense economic head winds, slashed the pay of more than 35,000 employees, including a 20% base pay cut for its chairman and chief executive, Frederick W. Smith. The delivery company also said Thursday it will stop contributing to employee retirement plans for at least a year. FedEx joined a growing list of companies announcing across-
China to provide $19B to Taiwanese businesses
Sun, 21 Dec 2008 23:27:58 -0800
BEIJING, China (CNN) -- China will provide 130 billion yuan ($19 billion) in financing over the next two to three years to Taiwan-based companies doing business in the mainland, the Taiwan Affairs Office of the State Council said Monday, the latest sign of warming ties between Beijing and Taipei.
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