Barry Woods for Voice of America News writes: “US Executive Pay Issue Stirs Controversy Following NYSE Chairman’s Resignation.”
Reuters reports: “Martha Stewart offers to swap options for stock.”
“Jobs May Become Battle of the Ages, Studies Say“: the Boston Herald reports via the Daily News for the International Foundation of Employee Benefits Plans. According to the article, as older workers stay in the workforce to recoup their retirement plan losses and obtain health care benefits, many will compete with younger workers for jobs.
“Accounting regulators to start testing options-expensing program“: SFGate.com reports that “several high-profile public companies Thursday volunteered to join a “road-testing” program the Financial Accounting Standards Board expects to kick off soon to determine how best to value employee stock options.”
The Philadelphia Inquirer today has this discouraging news: “Economy grows, workforce shrinks.”