Paula Wethington is a digital producer at CBS Detroit. She previously held digital content roles at NEWSnet, Gannett/USA Today network and The Monroe News in Michigan. She is a graduate of the ...

Labor’s share of economic output just hit an all-time low, while the profit share neared a record. It helps explain why ...

FLINT, MI -- General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks. GM’s announcement came in a letter to shareholders from Chief ...

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is moving deeper into the AI profit-sharing spotlight as chief executive C.C. Wei told staff that Taiwan-based employees could see more than a 30% ...

Stellantis NV’s United Auto Workers employees will not receive a profit-sharing payout this year, a sharp turnaround from just two years ago when each worker took home nearly $14,000. The reason is ...

As a result of General Motors' yearly gains in profits, about 45,000 U.S. hourly workers will receive a record-setting profit-sharing check. GM said Tuesday that the 2024 pretax payout for its ...

Delta Air Lines on Friday celebrated its annual employee profit-sharing giveaway: $1.4 billion, which amounts to about 10% of eligible employees' compensation. The nation’s most profitable airline ...

Ford Motor Co. said Wednesday it will pay profit-sharing bonuses of approximately $10,208 to hourly autoworkers in the United States for 2024. The total amount for employees could be above or below ...

Discover how gross, operating, and net profits differ for evaluating a company’s financial health. Learn what sets these ...

Profit-sharing amounts at Stellantis are tied to the company's financial performance in North America. Last year, UAW members at Stellantis were potentially in line for checks of $13,860. UAW members ...

Anger erupted on social media and in the factories after Stellantis workers in the US were told this week they will get a “profit-sharing” check of $3,780 for 2024, a drop of 73 percent from last year ...