Management consulting companies Towers Perrin and Watson Wyatt to merge in $3.5B stock dealSTAMFORD, Conn. — Management consulting firms Towers, Perrin, Forster & Crosby Inc. and Watson Wyatt Worldwide Inc. said Sunday they will merge to form Towers Watson & Co. in an all-stock deal the companies value at $3.5 billion. Citigroup plans to boost salaries for employees to offset restrictions on bonusesWASHINGTON — Citigroup Inc. is increasing the base salaries of many employees — reportedly by as much as 50 percent for some workers — as it restructures their compensation amid government restrictions on bonuses. |