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News & Updates
theguardian.com - âOne of the issues that I have been preaching about around the world is collecting taxes in an equitable manner, especially from the elites in every country,â Hillary Clinton told audience of the...
February 9, 2015 The Role Of The New European Energy UnionSource: Forbes
The European Commission has launched an initiative to create a European Energy Union to “reform how Europe produces, transports and consumes energy.”
Source: The Guardian
HSBC’s Swiss banking arm helped wealthy customers dodge taxes and conceal millions of dollars of assets, doling out bundles of untraceable cash and advising clients on how to circumvent domestic tax authorities, according to a...
February 9, 2015 5 CEOs With Astronomical Executive CompensationSource: Investor Place
Living paycheck to paycheck is the reality for nearly 50% of American citizens, but the grass is greener on the other side for company heads whose executive compensation rakes in millions of dollars each year. While this may come...
February 9, 2015 Steelworkers to expand strike to 2 BP refineries in MidwestSource: Seattle Times
DALLAS — The first nationwide strike at U.S. oil refineries since 1980 is spreading to two BP plants in the Midwest. The United Steelworkers union has notified BP Plc. that workers at refineries in Ohio and Indiana will strike...
Source: The Economist
AS INVENTIONS go, the public company is one of capitalism’s greatest. Initial public offerings promote innovation, by providing an exit route for entrepreneurs; being listed makes a firm open to scrutiny; and ordinary people have...
February 6, 2015 Twitter shows how companies enrich executives at your expenseSource: MarketWatch
In October, we pointed out that the $170 million in stock-based compensation dished out to Twitter employees during the third quarter represented 47% of the company’s third-quarter revenue.
Source: NY Times
RadioShack, a long-ailing 94-year-old electronics chain, filed for bankruptcy protection on Thursday after striking a deal to sell up to 2,400 of its stores to the wireless service provider Sprint and a hedge fund that is its...
February 4, 2015 Sony shrugs off cyberattack and trims loss forecastSource: USA Today
Sony, the global electronics and entertainment company based in Tokyo, said it expects to see a loss of 170 billion yen ($1.4 billion) for the fiscal year, an improvement from its earlier forecast of a 230 billion yen loss
February 4, 2015 Salaries of CEOs to rise over 10% this year: Hay GroupSource: News Nation
Salaries of top executives are likely to see double digit rise this year with compensations of CEOs and Managing Directors expected to grow by 10.2 per cent and of those in senior management by 10.5 per cent.
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