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Sears files for Chapter 11 bankruptcy protection amid plunging sales, massive debt
The outdoor sign stands in the parking lot of a Sears department store in Saint Paul, Minn.David Zalubowski / AP file Breaking News Emails SUBSCRIBE NEW YORK — Sears has filed ... are nervous about wh...
BA's OpenSkies to close New York base in 1Q19
The union further said it would now enter into bargaining related to compensation and severance benefits for the US-based staff of OpenSkies. OpenSkies currently bases its two A330-200s exclusively ou...
Former employees of closed Trump casino to receive severance
News 12 is at New York Comic Con this week. Former employees of the now-closed Trump Plaza Hotel and Casino in Atlantic City are set to receive their long-awaited severance checks. Former ...
Ousted General Electric CEO John Flannery may not get severance after firing
What’s still unclear is exactly what Flannery walked out the door with, particularly his severance. The ousted top boss earned a $2 million annual salary and $3 million target bonus, according to Bloo...
GE's John Flannery May Get Nothing After 14-Month Tenure as CEO
Even with GE stock surging on Monday to $12.30 at 1:28 p.m. in New York, less than 5 percent of the securities are in the money. Accrued pension benefits typically aren’t included when determining sev...