Business
ECB wage tracker shows muted pay pressure despite war inflation
FRANKFURT, June 17 (Reuters) - Euro zone negotiated wage growth appears to be slowing as predicted, European Central Bank data showed on…
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Pay
Business
VF’s Bracken Darrell Pay Hits $18.9M With Special CEO Performance Award
VF Corp. has become a changed company under Bracken Darrell, who became president and chief executive officer in 2023 and has been…
Business
Ex-girlfriend of former Google CEO Eric Schmidt ordered to pay him $10 million after rape accusations
An arbitrator has sided with former Google Chief Executive Eric Schmidt, ruling that he was not guilty of sexual assault against his…
Business
Samsung workers vote on hefty pay and bonus package
Members of the Samsung union are voting on an annual bonus worth the equivalent of several hundred thousand dollars per person after a…
Business
General Motors to pay $12.5 million to settle claims it illegally sold California driver data
General Motors has agreed to pay $12.5 million dollars to settle claims that the automaker illegally sold location and driving data of…
Business
FedEx, Pilots Near Deal With 40% Pay Raise After Five Years of Talks
Mere hours after FedEx’s soon-to-be spun off trucking division concluded its first investor day meeting Wednesday, the logistics giant and…
Unsorted
As streaming subscription fees rise, more consumers opt to pay less and watch ads
When video streaming platforms were first launched, they were marketed as an affordable way to watch your favorite movies without the…
Business
Citigroup CEO Jane Fraser’s pay rises to US$42 million after banner year
GROUP said on Thursday it had approved US$42 million for CEO Jane Fraser’s total compensation for 2025, up nearly 22 per cent from a year…
Business
McDonald’s beats quarterly global sales estimates as value bets pay off
The fast food chain is also delving deeper into the fast-growing beverage segment NALD’S topped Wall Street estimates for fourth-quarter…
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Uber ordered to pay US$8.5 million in trial over driver sex assault claims
The company maintains that its drivers are independent contractors rather than employees A US jury ordered Uber on Thursday to pay US$8.5…
Business
JPMorgan CEO Jamie Dimon’s pay rises to US$43 million in 2025
RGAN Chase said on Thursday its longtime CEO Jamie Dimon‘s 2025 pay package climbed about 10 per cent to US$43 million. His compensation…
Culture
Netflix will now pay all cash for Warner Bros to keep Paramount at bay
The new all-cash bid – at US$27.75 a share – has unanimous support from the Warner Bros board Netflix has switched to an all-cash offer…
Business
China brokers rebuild ranks, raise pay on dealmaking return
CHINA’S biggest securities firms are back on the offensive after taking a battering over the past few years. Investment banking divisions…
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How much is Frasers Property willing to pay, to defend its turf in Orchard Road?
The dynamic could change if the owner of Cuppage Terrace puts his asset up for sale soon, too The much-awaited collective sale of the rear…
Business
Amid low rates, UOB Asset Management launches dividend-focused ETF aiming to pay 6%
The new fund invests in ‘leading companies’ in Singapore, Indonesia, Thailand, Malaysia and the Philippines With rates steadily falling…
Business
China to pay interest on digital yuan in bid to boost adoption
CHINA is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade…
Business
Uniqlo’s owner boosts new graduate pay as Japan faces inflation
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up efforts to secure…
Business
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the…
Business
Elon Musk becomes first person worth US$700 billion following pay package ruling
TESLA CEO Elon Musk’s net worth surged to US$749 billion late Friday (Dec 19) after the Delaware Supreme Court reinstated Tesla stock…
Business
Musk wins US court appeal of US$56 billion Tesla pay package
A DELEWARE appeals court cleared the way Friday for tech CEO Elon Musk to receive a long-contested US$56 billion Tesla pay package,…
Business
Instacart to pay US$60 million to settle FTC claims it deceived shoppers
INSTACART has agreed to pay US$60 million in refunds to settle the US Federal Trade Commission’s allegations that the online grocery…
Business
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the…
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Who Is Paige Shiver? Internet Sleuths Claim Sherrone Moore Had 'Inappropriate Relationship' With NFL Star's Daughter Who Was Given Huge Pay Raise
The University of Michigan staff member linked to coach Sherrone Moore's firing reportedly saw her salary spike by nearly $41,000 between…
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China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
ZTE said it is engaged in “ongoing communication” with the US Justice Department CHINESE telecom equipment maker ZTE Corp may pay more…