Employers are squeezing their workers’ retirement savings, holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules. Taken together, these measures are making it more difficult to save for old age.
It wasn’t long after Ericsson AB Chief Executive Officer Hans Vestberg was identified as a contender for the top job at Microsoft Corp. before phones were ringing off the hook at the telecom supplier’s Stockholm offices.
Oracle Corp. can’t for now rely on an insurer to pay $20 million to help settle shareholder claims over the software maker’s acquisition of a company controlled by Oracle founder Larry Ellison, a judge concluded.
Apple Inc. and Oracle Corp. won a judge’s order separating and putting on hold a dispute between them about indemnification until a patent-infringement case against Apple by U.S. Ethernet Innovations LLC is resolved.
A former Oracle Corp. senior sales manager sued the company alleging he was fired for complaining when he was told to offer an Indian worker he sought to transfer to California substantially lower pay than white workers in the same position.
During five days in August 2011, Adobe Systems Inc.’s top executives sequestered themselves in an 18th-floor boardroom atop the software maker’s Silicon Valley headquarters to address an emerging threat: the cloud.
Hewlett-Packard Co. , accusing Oracle Corp. of harassing its new chief executive officer, refused to accept service of a subpoena requiring Leo Apotheker to testify at a trial over SAP AG’s downloading of Oracle software.
Rajat Gupta, the former Goldman Sachs Group Inc. director accused of giving inside information to fund manager Raj Rajaratnam, faces new allegations he passed tips about earnings of Goldman Sachs in 2007 and Procter & Gamble Co. in 2009.