Former AIG executive wins case over $9 million crisis-era bonus
A former American International Group senior trader won his bid for 8.3 million euros ($9.2 million) in bonuses awarded in a dispute at France’s highest court that dates back to the financial crisis... To view the full story, click the title link......»»
Ryanair AGM narrowly approves bonus plan for CEO O"Leary
Ryanair shareholders narrowly approved a bonus scheme for Chief Executive Michael O'Leary on Thursday that could earn him around 100 million euros ($111 million) over five years......»»
Greater Cincinnati university wins federal grant to combat opioid crisis
A Greater Cincinnati university is the latest to receive nearly $2 million in federal funding to help combat opioid use in the region. Northern Kentucky University has been awarded $1.8 million from the U.S. Department of Health and Human Services to .....»»
St. Louis rapper wins millions in Katy Perry copyright case
A federal jury in Los Angeles awarded $2.78 million in damages Thursday in a copyright infringement lawsuit brought by St. Louis rapper Marcus Gray against singer Katy Perry, her record label and her collaborators. “We filed this lawsuit five y.....»»
Legg Mason"s (LM) CEO Pay Package for FY19 Jumps 2.9% Y/Y
Legg Mason's (LM) chief executive officer (CEO) Joseph A. Sullivan's total compensation for fiscal 2019, including a cash bonus, increases to $9.95 million, up 2.9%......»»
Nissan CEO got higher stock-linked bonus after payout date changed, former director Kelly says
Nissan Motor Co Ltd Chief Executive Hiroto Saikawa was granted an exception in 2013 to reschedule a stock-linked bonus that bumped up the payout by 47 million yen ($432,382), former Representative Director Greg Kelly told magazine Bungei Shunju......»»
Renault to bring case against Ghosn over expenses
French carmaker Renault is to bring a case against former chief executive Carlos Ghosn after identifying 11 million euros of questionable expenses, the government said Wednesday, in a new blow for the fallen tycoon as he awaits trial in Japan......»»
Teva settles with Oklahoma for $85 million in opioid case
One of the drugmakers named in Oklahoma's lawsuit over the opioid crisis has agreed to a settlement in which it will pay the state $85 million......»»
Former Abraaj executive gets bail in New York in fraud case
A U.S. district court has granted bail to a former managing partner of collapsed private equity firm Abraaj, Mustafa Abdel-Wadood, on condition that he sign a $10 million bond and remain confined to a New York apartment, court documents showed......»»
The Wall Street Journal: AIG CEO Brian Duperreault paid $20.9 million in 2018 — half of what he made the year before
American International Group Inc. Chief Executive Brian Duperreault’s pay was cut in half from a year earlier when his compensation package included a $12 million sign-on bonus......»»
Related wins $2M in dispute with former overseas business partner
The Related Cos. was awarded $2 million in damages earlier this month in a case that stretches across international borders and sheds light on how the city's biggest builders get the materials for... To view the full story, click the title link......»»
Tesla and CEO Elon Musk will pay $40 million to settle SEC case
Tesla and Chief Executive Elon Musk have se.....»»
Disney"s Iger may have missed his shot at $60 million bonus
Walt Disney Co. Chief Executive Officer Bob Iger could miss out on a $60 million cash bonus......»»
Prosecutor drops insider trading case against former Deutsche Boerse CEO
The Frankfurt prosecutor's office has dropped an insider trading case against former Deutsche Boerse Chief Executive Carsten Kengeter in exchange for payments of almost 5 million euros ($5.68 million)......»»
Goldman Sachs says 1MDB scandal could hit pay for top executives
The board of Goldman Sachs Group Inc said on Friday it is withholding a bonus worth at least $7 million from former chief executive Lloyd Blankfein until investigations into the bank's involvement in the 1MDB scandal are resolved......»»
Delaware woman wins $1.5 million breastfeeding discrimination case against KFC franchisee
A jury has ruled in favor of a Delaware woman who sued her former employer, a KFC franchisee, for discrimination that made it difficult to b.....»»
Bank of Hawaii CEO"s Base Salary Up 3%, Gets Incentive Bonus
Bank of Hawaii Corporation (BOH) chief executive officer (CEO) - Peter Ho - receives about 3% pay hike in base salary for 2019, along with $2-million cash incent.....»»
They Went Woke: Oscars Facing Liquidity Crisis, Launch $500 Million Fundraising Drive As Viewers Flee
They Went Woke: Oscars Facing Liquidity Crisis, Launch $500 Million Fundraising Drive As Viewers Flee Given that Ricky Gervais has been the only good thing about the Os.....»»
$100 Betting Parlay Pays $1.7 Million If This Team Wins NBA Championship
Sports bettor turns down a cash-out offer of $100,000 for a $100 bet with a potential million-dollar payday on the line in the NBA Playoffs. read more.....»»
China is in the middle of its own retirement crisis as many older people cannot afford to stop working
China is expecting 300 million people to reach retirement age in the next 10 years, close to the size of the whole US population. Elderly lady washing vegetables inside a tulou in Fujian, China.Sheng Li/Reuters China is grappling with a retire.....»»