When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.Goldman's big Wall Street rivals can't say the same. JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc and Morgan Stanley all face lobbying-disclosure proposals this year. Some activist shareholders want the banks to be more transparent about their lobbying objectives, disclose more about the trade groups they belong to and say how much money they spend to influence policy.Goldman persuaded the Needmor Fund - which had sponsored a lobbying-disclosure proposal on the investment bank's proxy in 2013 - not to try again this year. Goldman's lead director, James Schiro, went on a tour to hear the views of groups of shareholders after taking the role last year and sought to work out compromises, people who attended the meetings told Reuters."We don't want to engage a...
Mayor Chuck Reed's 18th floor office high above San Jose California offers a down to earth view of the public pension crisis. "We have less police officers in the ci...
Reaction from Fox News contributor Laura Ingraham
Russell Mueller wrote the book almost 40 years ago on public pensions driving states and cities to the poorhouse. Now, in his first TV interview in several years, Mueller says, ‘I told you so.’
Breaking down the December jobs report
Peter Johnson, Jr. weighs in
Detroit's historic bankruptcy will move forward after a judge ruled the broke city is eligible to shed its massive debt, and now current and former city workers are ...
A federal bankruptcy judge on Tuesday ruled that Detroit could move ahead with the largest municipal bankruptcy in U.S. history, providing the city with protection f...
Reaction from Fox News contributor Mallory Factor
FBN’s Liz MacDonald on the union protests over retailers opening Thanksgiving Day.
Swiss America Trading Corp. Chairman Craig Smith on the problems with the launch of ObamaCare.
As bankruptcy hearings continue in Detroit to determine the legality of the city's historic Chapter 9 bankruptcy filing in July, state workers are hoping to get some...
Fox News contributor Mallory Factor weighs in
Rep. Luis Gutierrez says President Obama was not defensive or combative like he's been in the past when the issue of deportations was brought up in a White House meeting Wednesday. He also said the expansion of DACA, Deferred Action for Childhood Arrivals, is a possibility as administration reviews its deportation policy.
Business advocates say expanding overtime pay for millions of workers will hurt small businesses the most.
Power Play: Uncertain truce in Ukraine, Obama budget could be costly for Dems, and union fight ahead in 2014
The Car Coach Lauren Fix and ‘State of the Union’ author Philip Dine on a Tennessee Volkswagen plant’s employees voting to reject union representation.
Part 2: What was behind the GOP's surrender?
2010 all over again? Plus - Can ObamaCare delay save Dems? And unions are reeling after Tennessee loss.
Volkswagen employees' rejection of the United Auto Workers in Chattanooga, Tenn., signals that it will be difficult for unions to enter private-sector workplaces, pa...