Bonuses in New York City’s securities industry soared 20% to a record $257,500 per employee for 2021, according to New York State Comptroller Thomas DiNapoli on Wednesday. It’s no secret that Wall Street was in a sweet spot read more . While 2020 was already a record,...
Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with the U.S. Securities and Exchange Commission (SEC) showed on Monday. … Read the full...
July 9 (Reuters) – Stock-trading app Robinhood Markets Inc (HOOD.O) is giving its billionaire founders four more years to hit share price targets that trigger stock awards worth $1.4 billion, according to a regulatory filing and four executive compensation...
The collapse of a tunnel used to store radioactive waste at one of the most contaminated U.S. nuclear sites has raised concerns among watchdog groups and others who study the country’s nuclear facilities because many are aging and fraught with problems....
An international fund set up to help developing nations tackle global warming approved $745 million for projects on Friday, but a senior official said a goal of signing off on $2.5 billion by the end of 2016 may slip out of reach. The Green Climate Fund (GCF) board,...
Novak tops the list of Fortune 500 CEOs with the largest retirement nest eggs, according to a study from two progressive think tanks – the Center for Effective Government and the Institute for Policy Studies.
Most fast food workers do not earn enough to retire with much of a pension. Then there is David Novak, executive chairman of YUM Brands (YUM.N), the conglomerate that runs Taco Bell, Pizza Hut, and KFC outlets. Novak’s total retirement holdings, including deferred...
Wall Street bonuses have been a contentious issue since the financial crisis. This year’s pool was more than double the combined earnings of 1 million American full-time minimum wage workers, according to an Institute for Policy Studies. Read the full...
When Washington eliminated corporate tax deductions on health insurance executive compensation above $500,000 under President Barack Obama’s healthcare reform law in 2013, it generated more than $72 million in additional tax revenue for the U.S. government, a...
The Institute for Policy Studies, a left-leaning think-tank, pointed out that Wall Street’s $26.7 billion bonus pool would be enough to more than double the pay of all the federal minimum wage workers in the United States, who number over a million.
The report by the Institute for Policy Studies, a left-leaning think tank, said that chief executives for large companies received about 354 times as much pay as the average American worker in 2012. That gap has soared since 1993, when CEOs for big companies received...
