Insurance broker Marsh & McLennan posts 1Q profit, shares rise

NEW YORK — Marsh & McLennan Cos. said Wednesday it returned to profitability in the first quarter, bouncing back from a loss a year ago when it absorbed a big write-down.

One in four US companies plan salary freeze

WASHINGTON - About a quarter of businesses in America have frozen workers’ salaries for 2009 in the wake of a pessimistic economic outlook, according to a new survey.

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