Another Discrimination Probe at Morgan Stanley
A female executive at Morgan Stanley Dean Witter has alleged that the firm won't promote her to managing partner because of her sex, prompting an investigation by the U.S. Equal Employment Commission. The executive also charges that the company has sponsored "men only" golf outings and trips to topless and bottomless bars. The charges come in the wake of a scandal over a black junior analyst who claims he was unfairly fired by Morgan Stanley after his nude photos appeared in a gay magazine.

Wages Up, But Analysts Worry
The Labor Department has announced that the pay and benefits of U.S. workers rose this quarter at their fastest pace since the beginning of the decade. One possible explanation: Wages shot up for financial services employees because this year's bonus payments dropped due to turmoil in financial markets late last year. Spurred by fears that interest rates might soon be raised to try to control wage costs, stock and bond prices fell after the news was announced.

Age-Bias Suit Settled
Johnson and Higgins, an insurance brokerage and employee-benefits firm, will pay $28 million to settle a 1993 age-discrimination lawsuit. The firm was accused of forcing members of its board of directors retire at age 62. The company is now owned by Marsh & McLennan, which has never had a mandatory retirement policy.

Organ Donors to Get Month Off
Under a bill passed by the House of Representatives last week, federal employees who become "living organ donors" will get 30 days off, in addition to their normal vacation or sick time. Doctors say recovery for living donors may take as long as six to eight weeks. Sponsors hope the measure will inspire similar policies in the private sector, as well as encouraging more federal workers to become living donors.