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Hewitt: Automatic Enrollment Boosts 401
YAHOO
AP - Automatically enrolling new workers in company-sponsored 401(k) retirement plans greatly increases the participation of younger, lower-salaried workers, according to a study released Tuesday by the human resources consulting firm Hewitt Associates.
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Walmart Promotes Five Executives
AHN
Shaveta Bansal - AHN Contributor
Chicago, IL (AHN)-Wal-Mart, having history of shuffling top executives to make them familiar with different parts of the business, promoted five executives into new posts.
Major shifts include that of human resources executive Lawrence Jackson to president...
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Wal-Mart names new head of global procurement
YAHOO
Reuters - Wal-Mart Stores Inc. on
Wednesday promoted human resources executive Lawrence Jackson
to president and chief executive officer of its global
procurement division, putting him in charge of buying goods
from around the world.
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Bernanke warns on commercial real estate loans
YAHOO
Reuters - U.S. Federal Reserve Chairman Ben
Bernanke said on Wednesday community banks should improve the
way they manage risks, given a growing reliance on commercial
real estate lending and "some easing" in standards for those
loans.
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