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The Paycheck Protection Program (PPP), part of the CARES Act stimulus package appears to be starting this morning, with some banks accepting applications.

Writing in Forbes, Darren Dahl examines the relationship between employee ownership and unemployment, sharing results fr

A last-ditch attempt to solve a pilots' strike by offering unions 20% of Philippine Airlines has failed and the airline has shut down operations permanently. The company had been in serious financial difficulty and had a long history of labor problems.

Forty major institutional investors and investor advisory groups, large public retirement funds, labor unions, institutional investors, and the Council of Institutional investors issued a statement on May 19 urging Congress not to tamper with accounting reform.

Writing in a Forbes blog post, Bill Fotsch and John Case contrast the behavior of employee-owners and the decision by United Airlines to forcibly remove a passenger from an o

United's bankruptcy won't have quite the impact on the company's ESOP and 401(k) plans that might be expected. That's because trustees of both plans have been selling off shares held by employees in both plans.

Both labor and management have agreed that the United's ESOP, which now owns 55% of the shares, will receive no further contributions after this year.

Trustees of United Airline's ESOP will start selling shares in the plan in order to provide some diversification in the face of a possible bankruptcy filing. Reports indicate up to 20% of the shares could be sold now, and perhaps more later.

On July 4, politicians, academics, government agencies, and employee-owned businesses participated in more than 100 events throughout the United Kingdom to celebrate the country's first employee ownership day.

United Airlines has started an extensive series of print and electronic media ads stressing its employee owned character. The ads were kicked off by three page ads in major papers.