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News & Information
News and Information
NewsMax - Top corporate executives are getting richer than ever as regular workers suffer pay scale setbacks, according to a report by Bloomberg. Fortune 500 chief executive officers now make 204 times what regular workers bring...
Source: Money News
The Federal Reserve is apparently having some success in its campaign to curb compensation for executives of financial services firms. The Fed’s aim is to prevent banks and other companies from taking excessive risks in order to...
April 23, 2013 Wal-Mart CEO Duke’s Pay Rises to $20.7 Million Last YearSource: Bloomberg
Wal-Mart Stores Inc. (WMT) Chief Executive Officer Mike Duke got a 14 percent raise in pay to $20.7 million as the retailer, trying to recover from a weak start this year, tied future bonuses to compliance controls.
April 22, 2013 Reckless bankers should pay punitive damages
The Guardian - You applaud James Crosby's "conscience" in offering to surrender his knighthood and forgo a sliver of his enormous pension ("Let us applaud HBOS's Crosby for having a conscience", Business). But the "public...
April 19, 2013 Corporate Governance and CEO Pay: The Cesspool at the TopSource: Huff Post
Top corporate executives have always been well-paid for obvious reasons. Running a major corporation is a demanding job; you would expect to pay a high salary to get and retain talented hardworking people. But in the last three...
Chancellor Angela Merkel wants to strengthen shareholder oversight of executive compensation at listed companies before Germany’s Sept. 22 elections, according to Ronald Pofalla, her chief of staff.
Corporate executives are seeing their pay diminish as companies hold executives accountable for corporate missteps. Nasdaq OMX Group Inc is the latest example of this trend, disclosing in an April 11 proxy statement that it...
April 16, 2013 Another Loss for Unions: Outrageous CEO PaySource: The Fiscal Times
Income inequality tops the list for the labor union leader and confidante of President Obama. Trumka said the deficit hawks in corporate America are trying to “scare” voters and “distract attention from America’s real economic...
April 16, 2013 Canada out of step on say on paySource: Financial Post
MONTREAL – Every spring, a bespectacled little man with a silver moustache and a penchant for theatrics takes the microphone at select annual shareholder meetings in Canada and gives directors and management a multi-minute...
April 15, 2013 IAEA Reviewing Cleanup at Damaged Japan Nuke PlantSource: ABC News
The U.N.'s nuclear watchdog agency Monday began reviewing the decommissioning process at Japan's crippled nuclear plant, where new problems are triggering growing safety concerns about a cleanup expected to take decades.
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