Porsche AG pays employees special bonus
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The Slovak unit of Volkswagen AG will begin production of an Audi-brand sport-utility model in the second half of the next year.
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General Motors Corp.'s German division announced a deal Thursday that will allow the struggling automaker to cut thousands of jobs while avoiding forced layoffs and offering generous incentives for employees to leave.
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Mr Pierer received cash compensation of 3.56m plus stock-based compensation valued at 1.08m, Siemens has revealed in its annual report for the financial year that ended in September.
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Dealers describe General Motors&#39; new incentive program which puts no-haggle prices on special tags. DETROIT  - General Motors Corp.
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Microsoft details the compensation paid to its top executives.
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Business software maker Hyperion Solutions Corp., of Sunnyvale, says it will give $5,000 to every employee who buys a car that gets at least 45 miles per gallon.
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Software company Hyperion Solutions is giving its employees good reason to go green when they buy a car. In a move that combines corporate citizenship with good public relations, the Santa Clara, Calif.
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The German government is seeking more than 4.5bn euros compensation from the consortium behind a late-running toll system.
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FRANKFURT  - Spurred by a criminal trial over fat executive bonuses, Germans are debating whether it's time for their biggest companies to break a long-standing taboo and reveal what they're paying top executives.
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Mexican union workers for Volkswagen AG, Europe&#39;s largest carmaker, accepted the company&#39;s offer for a 6.1 percent pay increase and will return to work today after going on strike Wednesday, Reforma newspaper said.
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The German airline Lufthansa AG said Wednesday it has reached a pay deal with its ground staff in Germany that includes a two-year wage freeze, an agreement that follows a similar deal with its pilots reached earlier this week.
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Forget frozen turkeys or ham, many  U.S. workers this year can expect to receive a retailer's gift  certificate as their holiday bonus.
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Porsche AG, Europe&#39;s most profitable carmaker, said it&#39;s ``confident&#39;&#39; about growth in the current fiscal year after four-month sales rose 4 percent as the company sold more 911 sports cars and Cayenne sport-utility vehicles.
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The French government said it would offer companies tax breaks and other incentives worth more than one billion euros (1.2 billion dollars) to encourage them to keep jobs in the country rather than outsource them.
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Employers welcome a European Court of Justice ruling allowing companies to continue to reward workers for long service.
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Burberry offers a "loyalty bonus" to the 300 workers losing their jobs at its south Wales plant and Â£1.5m to the area over the next 10 years.
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Daimler AG  generated third-quarter earnings before interest and tax (EBIT) of 1.89 billion euros ($2.70 billion), just ahead of market expectations, as profits continued to rise at its Mercedes-Benz Cars division.