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On top of big salaries, companies pile on perks
NEW YORK (AP) — Wynn Resorts kept a suite open all year at its tony Las Vegas hotel and casino for founder and CEO Steve Wynn, at a cost of nearly $452,000. Former IBM CEO Samuel Palmisano was guaranteed an administrative assistant and furnished...
Tags: AFL-CIO, Companies and Corporations, Clubs and Associations, Jeff Bezos, Travel
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Acquisitions benefiting shareholders, PPL CEO says
Recent acquisitions are driving up the price of PPL Corp. stock, CEO William Spence said Wednesday at the Allentown company's annual shareholders' meeting. "Investors have noticed that we are delivering on our promise," Spence said. "Our stock price...Tags: Companies and Corporations, Mergers, Acquisitions and Takeovers, Economy, Business and Finance, Allentown, Electricity Production and Distribution
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Complaining CEOs need to take a hike
I took a walk early Wednesday morning. Azaleas and dogwoods were in bloom. Green-again trees and shrubs were damp, dripping from Tuesday's rain. A zillion birds were singing, and even the starlings sounded sweet. The Orioles had won another game. A...
Tags: National Government, Connecticut Labor Markets, Annapolis, Politics, Maryland General Assembly
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Report: US Treasury denies pay hikes for GM, Ally execs
Autoblog.comFiled under: Government/Legal, GM, Earnings/Financials In December, the US Treasury granted General Motors the rights for the company to once again buy corporate jets and for its executives to fly on them, but neither those execs nor the ones at Ally... -
Report: GM alters Akerson's pay mix because he may retire
Autoblog.comFiled under: Government/Legal, GM, Earnings/Financials General Motors has tweaked CEO Dan Akerson's pay mix to compensate for the possibility that the 64-year-old executive may retire before his long-term restricted stock vests in three years. Last year,... -
Netflix CEO Reed Hastings received $5.5 million in compensation in 2012
Netflix Chief Executive Reed Hastings received about $5.5 million in total compensation last year, a 40% drop from 2011, when his package was valued at $9.3 million. But Hastings' salary -- like the company's image -- is on the rebound. He is set to...Tags: Companies and Corporations, Netflix Inc., Economy, Business and Finance, House of Cards (tv program), Elections
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Herbalife quickly and quietly names two new board members
Herbalife Ltd. might have had one of the quickest annual meetings of 2013. The nutritional supplements company, battling a billionaire investor’s bet that its stock will tank, began its yearly gathering of shareholders a few minutes after 9 a.m....
Tags: Accounting and Auditing, KPMG, Annual and Special Corporate Meetings, Herbalife Limited, Politics
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Chicago's Exelon holds annual meeting in Baltimore
Exelon Corp. said Tuesday that its executive compensation package received an advisory OK from three-quarters of shareholder votes during the annual meeting, which the Chicago energy company held in Baltimore. About 20 shareholders attended the...
Tags: The New York Times, Annual and Special Corporate Meetings, Barack Obama, Exelon Corp.
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Price discusses ETFs and tax policy at annual meeting
After T. Rowe Price executives recapped last year's highlights at Tuesday's annual meeting, a shareholder raised concerns about the loss of a top money manager, competition from exchange-traded funds and an Obama Administration tax proposal that could...
Tags: Mutual Funds, Economy, Business and Finance, Retirement, T. Rowe Price, Annual and Special Corporate Meetings
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Stock spotlight: Occidental Petroleum seeks stability at the top
The nation's fourth biggest oil company, Occidental Petroleum Corp., is primarily involved in oil and natural gas exploration and production. It is also a major manufacturer of oil-related chemicals. The Westwood company said its domestic production...
Tags: Companies and Corporations, Petroleum Industry, Natural Gas, Economy, Business and Finance, Stephen I. Chazen
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Wells Fargo profit rises 22% despite slower mortgage lending
Wells Fargo & Co.‘s quarterly profit jumped 22%, beating expectations, despite a fall-off in the mortgage business, which generates a quarter of all revenue at the San Francisco banking giant. The quarter was marked by cost-cutting, fewer loan...
Tags: Mortgages, Corporate Officers, Federal Reserve
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CBS CEO Leslie Moonves' 2012 pay package valued at $62.2 million
CBS is home to "Two Broke Girls" and one rich chief executive. Leslie Moonves, the CEO of CBS, had a 2012 compensation package valued at $62.2 million, according to the company's proxy statement filed Friday. Although that makes Moonves the highest-...Tags: The Walt Disney Co., Viacom Inc., Sumner Redstone, 2 Broke Girls (tv program), Media Industry
May 23, 2013
|Story| Petoskey News
May 15, 2013
|Story| Allentown Morning Call
May 8, 2013
|Column| Baltimore Sun
Apr 29, 2013
|Blog| Autoblog.com
Apr 28, 2013
|Blog| Autoblog.com
Apr 26, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Baltimore Sun
Apr 23, 2013
|Story| Baltimore Sun
Apr 15, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
Apr 12, 2013
|Story| Los Angeles Times
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