Articles tagged with pay
Sun, May 20, 2012
Euro zone row gets fat pay rise for German workers
By Erik Kirschbaum
BERLIN (Reuters) - A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost ...
Fri, May 18, 2012
Under pressure, Chesapeake cuts director pay
By Anna Driver
(Reuters) - Chesapeake Energy Corp
Fri, May 18, 2012
Japan looks to central bank to pay for Iran oil: Nikkei
(Reuters) - The Japanese government and private sector bank officials are considering asking the Bank of Japan (BOJ) for help in settling Iranian oil transactions ...
Thu, May 17, 2012
Verizon data fans to pay more in service or phones
By Sinead Carew
NEW YORK (Reuters) - Verizon Wireless plans to make its data-hungry customers pay a lot more, either in service fees or smartphone ...
Thu, May 17, 2012
Explorer Cairn's shareholders revolt over pay
LONDON (Reuters) - British oil explorer Cairn Energy
Mon, May 14, 2012
Genworth to pay ex-CEO Fraizer $2.25 million lump sum
(Reuters) - Life and mortgage insurer Genworth Financial Inc
Sun, May 13, 2012
Stars pay tribute to Vidal Sassoon
From WENN.com
The veteran stylist was believed to have been battling leukaemia when he passed away at his Los Angeles home at the ...
Sun, May 13, 2012
Kristen Stewart agreed to On The Road pay cut
From WENN.com
The actress commanded millions for each installment of the Twilight franchise, but she trimmed her fee to less than $200,000 ...
Thu, May 10, 2012
Stars pay tribute to Vidal Sassoon
From WENN.com
The veteran stylist was believed to have been battling leukaemia when he passed away at his Los Angeles home at the ...
Thu, May 10, 2012
Kristen Stewart agreed to On The Road pay cut
From WENN.com
The actress commanded millions for each installment of the Twilight franchise, but she trimmed her fee to less than $200,000 ...
Thu, May 10, 2012
Judge tells insurer: Pay insider trading legal fees - for now
By Emily Flitter
NEW YORK (Reuters) - A federal judge said during a court hearing in New York on Thursday he is prepared to order ...
Thu, May 10, 2012
Divorce courts mirror society as more women pay alimony
By Patricia Reaney
NEW YORK (Reuters) - Tables have turned in U.S. divorce courts with more women paying their former husbands alimony and child ...
Tue, May 08, 2012
Empire State Building IPO change may help pay tax
By Ilaina Jonas
NEW YORK (Reuters) - The controller of the Empire State Building has offered investors the opportunity to sell some of their shares ...
Tue, May 08, 2012
Insurer Aviva's CEO quits after pay revolt
LONDON (Reuters) - Insurer Aviva
Mon, May 07, 2012
Analysis: Investor protest votes on pay here to stay
By Tom Bergin and Sinead Cruise
LONDON (Reuters) - Company directors will remain under pressure from shareholders over executive pay long after the market downturn ...
Sun, May 06, 2012
Kazakh copper miners end 3-day underground strike
By Robin Paxton and Mariya Gordeyeva
ALMATY (Reuters) - About 300 Kazakh miners called off an underground strike on Sunday, accepting a promise of higher ...
Fri, May 04, 2012
Sprint CEO to take pay cut as iPhone costs pinch
(Reuters) - Sprint Nextel chief Daniel Hesse said he would take a cut in pay this year, after coming under fire from some shareholders disappointed ...
Fri, May 04, 2012
Analysis: Spain bad loan mess revives debate on who should pay
By Alan Wheatley, Global Economics Correspondent
LONDON (Reuters) - Spain's plan to rid banks of toxic real estate assets is reviving the politically heated ...
Thu, May 03, 2012
BofA could pay millions to ex-Merrill Lynch brokers: WSJ
(Reuters) - The Wall Street Journal said Bank of America Corp could end up paying hundreds of millions of dollars in a settlement following talks ...
Thu, May 03, 2012
Celebrities pay tribute to tragic Junior Seau
From WENN.com
Police in Oceanside, California were called to the sportsman's home following reports of a shooting incident inside the property, where ...
Thu, May 03, 2012
UBS faces pay backlash as Weber becomes chairman
By Katharina Bart
ZURICH (Reuters) - UBS
Tue, May 01, 2012
Wal-Mart to pay $4.8 million in unpaid overtime
(Reuters) - Wal-Mart Stores Inc
Fri, April 27, 2012
Credit Suisse and Barclays investors revolt over pay
By Matt Scuffham and Katharina Bart
LONDON/ZURICH (Reuters) - More than a quarter of shareholders at Credit Suisse
Fri, April 27, 2012
ConocoPhillips, CNOOC to pay $267 million for China spill
BEIJING (Reuters) - U.S. oil firm ConocoPhillips
Fri, April 27, 2012
Credit Suisse suffers pay revolt, Barclays seen next
By Matt Scuffham and Katharina Bart
LONDON/ZURICH (Reuters) - Almost a third of Credit Suisse
Fri, April 27, 2012
KFC told to pay $8 million to stricken Australian girl's family
SYDNEY (Reuters) - Fast-food chain KFC has been ordered to pay A$8 million ($8.3 million) in damages to the family of an Australian ...
Thu, April 26, 2012
U.S. lawmakers to NATO: pay up for missile defense
By Jim Wolf
WASHINGTON (Reuters) - A U.S. congressional panel demanded on Thursday that European allies foot more of the bill for a multibillion-dollar ...
Thu, April 26, 2012
Health insurers to pay $1.3 billion in rebates: study
By David Morgan
WASHINGTON (Reuters) - Health insurers will pay $1.3 billion in rebates to consumers and employers this year under a provision of ...
Tue, April 24, 2012
California controller can't block lawmakers pay: judge
SAN FRANCISCO (Reuters) - California's controller improperly suspended the pay of lawmakers last year after deciding a budget they approved was not balanced, a ...
Tue, April 24, 2012
Wimbledon's early victims to get pay rise
By Martyn Herman
LONDON (Reuters) - Wimbledon's early victims will be comforted by a larger slice of the total prize money this year after ...
Fri, April 20, 2012
Motorola CEO pay package rose to $47 million in 2011
NEW YORK (Reuters) - Sanjay Jha, the chief executive to Motorola Mobility, was awarded a total compensation package of about $47 million in 2011, almost ...
Fri, April 20, 2012
Corrected: Analysis: Citi's pay rejection a wake-up call to boards
By Dena Aubin and Ross Kerber
NEW YORK (Reuters) - Institutional investors are increasingly pressing boards to rein in outsized executive pay, and after Citigroup ...
Fri, April 20, 2012
Citigroup CEO and directors sued over executive pay
(Reuters) - Days after being rebuked by shareholders, Citigroup Inc
Thu, April 19, 2012
Stars pay tribute to Dick Clark
The stars took to Twitter.com in their droves to post thoughts about and notes addressed to the television king behind American Bandstand, the ...
Thu, April 19, 2012
Merck ordered to pay $321 million in criminal Vioxx probe
(Reuters) - A Boston federal judge on Thursday sentenced Merck & Co to pay a $321 million criminal fine for improperly marketing its Vioxx painkiller a decade ago.
The U.S. drugmaker pleaded guilty in recent months to having illegally promoted Vioxx for treatment of rheumatoid arthritis before it was approved for that use in 2002. The pill, approved in 1999 as a painkiller, was withdrawn from the market in 2004 after it was linked to risk of heart attack and stroke.
Federal prosecutors in Boston said Merck illegally promoted Vioxx for rheumatoid arthritis for three years, continuing to do so after being reprimanded in September 2001 by the U.S. Food and Drug Administration.
In a related settlement reached in November, Merck agreed to pay more than $600 million to the federal government, 43 states and the District of Columbia for a wider range of alleged improprieties. But it did not acknowledge any wrongdoing in the civil settlement.
The Department of Justice on Thursday said the settlement involved allegations that Merck made misleading statements about Vioxx's heart safety to boost sales of the medicine, and that it prematurely promoted the drug for rheumatoid arthritis.
(Reporting By Ransdell Pierson; Editing by Steve Orlosky)
Wed, April 18, 2012
Analysis: Citi's pay rejection a wake-up call to boards
By Dena Aubin and Ross Kerber
NEW YORK (Reuters) - Institutional investors are increasingly pressing boards to rein in outsized executive pay, and after Citigroup ...
Mon, April 16, 2012
HBO For Free? Pay Network Offers 'Girls' and 'Veep' to Non-Subscribers
There's really no excuse to not subscribe to HBO. Even if only to re-watch all the seasons of The Sopranos over and over ...
Mon, April 16, 2012
Supreme Court hears Glaxo overtime pay case
By James Vicini
WASHINGTON (Reuters) - The Supreme Court heard arguments on Monday on whether pharmaceutical companies must pay sales representatives overtime, a dispute that ...
Sun, April 15, 2012
Six percent of UK's wealthiest pay less than 10 pct tax: data
LONDON (Reuters) - Some six percent of Britain's wealthiest people used tax reliefs to reduce their tax bills to less than 10 percent, according ...
Sun, April 15, 2012
HBO For Free? Pay Network Offers 'Girls' and 'Veep' to Non-Subscribers
There's really no excuse to not subscribe to HBO. Even if only to re-watch all the seasons of The Sopranos over and over ...
Sat, April 14, 2012
HBO For Free? Pay Network Offers 'Girls' and 'Veep' to Non-Subscribers
There's really no excuse to not subscribe to HBO. Even if only to re-watch all the seasons of The Sopranos over and over ...
Fri, April 13, 2012
HBO For Free? Pay Network Offers 'Girls' and 'Veep' to Non-Subscribers
There's really no excuse to not subscribe to HBO. Even if only to re-watch all the seasons of The Sopranos over and over ...
Fri, April 13, 2012
Goldman Sachs CEO gets $16.2 million pay package
By Lauren Tara LaCapra
(Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in ...
Fri, April 13, 2012
Bayer to pay at least $110 million in settlement: report
FRANKFURT (Reuters) - Bayer has agreed to pay at least $110 million to settle the first 500 lawsuits over claims that its Yasmin group of ...
Thu, April 12, 2012
Exxon awarded CEO total pay of $34.9 million in 2011
(Reuters) - Exxon Mobil Corp's chief executive earned 20 percent more in 2011 than the year before, and the company said it saw no ...
Thu, April 12, 2012
Goldman to pay $22 million to settle "huddles" case
By Sarah N. Lynch and Aruna Viswanatha
WASHINGTON (Reuters) - Goldman Sachs
Wed, April 11, 2012
Alabama county could hike rates to pay sewer debt: receiver
By Melinda Dickinson
BIRMINGHAM, Alabama (Reuters) - Politically unpopular rate hikes could cover the debt service on the $3.14 billion of sewer-system debt that ...
Wed, April 11, 2012
Lincoln Financial must pay $2 million to defamed broker
By Suzanne Barlyn
(Reuters) - Lincoln Financial Advisors Corp must pay $2 million to a broker who alleged the company fired and then defamed him ...
Wed, April 11, 2012
Lincoln Financial must pay $2 million to defamed broker
By Suzanne Barlyn
(Reuters) - Lincoln Financial Advisors Corp must pay $2 million to a broker who alleged the company fired and then defamed him ...
Tue, April 10, 2012
Tenet to pay almost $43 million to settle false claims
WASHINGTON (Reuters) - Tenet Healthcare Corp has agreed to pay almost $43 million to settle allegations that it overbilled the federal Medicare healthcare program for ...
Fri, April 06, 2012
Treasury freezes pay for CEOs at Ally Financial, GM, AIG
WASHINGTON (Reuters) - The chief executives of General Motors , AIG, and Ally Financial had their 2012 compensation packages frozen for a second year in a ...
Thu, April 05, 2012
CIT CEO Thain's 2011 pay rose 23 percent to $8.2 million
(Reuters) - CIT Group Inc
Wed, April 04, 2012
Dallas bosses pay tribute to Bel Geddes and Davis
Bel Geddes, who played Ewing family matriarch Miss Ellie, died in 2005, and in the first Dallas broadcast since her passing, her screen son ...
Wed, April 04, 2012
CFTC orders JPMorgan to pay $20 million in Lehman case
By Philip Shishkin and David Henry
WASHINGTON (Reuters) - The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase & Co
The action comes as the CFTC and other regulators continue to probe what happened to segregated customer funds in the October 2011 collapse of MF Global Holdings Ltd
In the Lehman case, the CFTC said that for about 22 months, ending with Lehman's bankruptcy in September 2008, JPMorgan had improperly extended intra-day credit to Lehman Brothers based in part on customers' segregated funds Lehman had deposited at the bank.
JPMorgan also violated rules by refusing to release customers' segregated funds for nearly two weeks after the bankruptcy, the CFTC said.
In a statement, JPMorgan said it "mistakenly factored the balance in the account into a daily calculation of (Lehman) assets to determine the amount of credit the firm was willing to extend to (Lehman)."
JPMorgan went on to say that "no customer funds were ever used to satisfy any (Lehman) debt to JPMorgan, nor were any funds in these accounts lost."
Lehman spokeswoman Kimberly Macleod declined to comment.
The issue of how JPMorgan handled customer funds of another brokerage also emerged in the ongoing investigation into MF Global. JP Morgan played an important role in MF Global's final hours, as the firm struggled to meet its trading commitments amid a growing customer unease over the brokerage's big bets on European sovereign debt.
When MF Global filed for bankruptcy in October, regulators said its customer accounts were short nearly $1.6 billion. Customer funds are legally required to be held separate from the firm's own cash.
The CFTC is under pressure to add safeguards to customer accounts as thousands of MF Global customers, including many farmers who use futures to hedge risks, try to recover their lost money.
An array of federal regulators are investigating the disappearance, and JPMorgan recently came under scrutiny from congressional investigators over a $175 million transfer that MF Global made to cover an overdraft at JPMorgan just days before the firm's collapse.
That money, congressional investigators said, appeared to come from an MF Global customer-segregated account.
JPMorgan asked MF Global to sign a letter certifying that the transfer was proper, but MF Global never signed it. JPMorgan hasn't been accused of any wrongdoing in this case.
MF Global and its employees have also not been formally accused of wrongdoing.
Some of MF Global's former clients who lost money in the firm's collapse have been angry at JPMorgan over its role in the firm's final days.
Speaking about the fine in the Lehman case, James Koutoulas, who represents many those former MF Global customers, said in an e-mail, "it's yet another data point in JPMorgan's systematic disregard for the law and for the safety of client assets." Koutoulas heads the Commodity Customer Coalition, a group of former MF Global customers who lost money in the collapse of MF Global.
Koutoulas also complained about the size of the fine. "$20 million will not deter JPMorgan from continuing the conduct in the slightest," he said. "U.S. regulators need to drastically increase their fines."
JPMorgan said that it cooperated with the regulators and that the latest settlement doesn't say it "intentionally violated the Commodity Exchange Act or CFTC regulations." JPMorgan has consistently denied acting inappropriately in the MF Global case.
The CFTC's order requires JPMorgan to implement reforms to ensure the proper handling of customer segregated funds in the future and to release customer funds upon notice and instruction from the CFTC.
JPMorgan had 2011 net income of $19 billion and recorded $4.9 billion in litigation expenses.
(Reporting by Philip Shishkin and Karey Wutkowski in Washington and David Henry in New York.; Editing by Maureen Bavdek and ...
Tue, April 03, 2012
Dallas bosses pay tribute to Bel Geddes and Davis
Bel Geddes, who played Ewing family matriarch Miss Ellie, died in 2005, and in the first Dallas broadcast since her passing, her screen son ...
Mon, April 02, 2012
Analysis: U.S. CEOs' take-home pay climbs on stock awards
By Nanette Byrnes
(Reuters) - The take-home pay of U.S. chief executives grew at least 10 percent in 2011, propelled largely by a stock ...
Mon, April 02, 2012
Web surfers to pay online using Facebook, Twitter
By Ben Deighton
BRUSSELS (Reuters) - A one-click online payment system using Facebook and Twitter that could boost Internet sales for newspapers, music vendors and ...
Sun, April 01, 2012
DBS to test Indonesian openness with $7.2 billion takeover
By Saeed Azhar and Neil Chatterjee
SINGAPORE/JAKARTA (Reuters) - Singapore's DBS Group
Sun, April 01, 2012
Foxconn chairman pledges to raise pay in China, invest in Hainan
By Lee Chyen Yee and Jeanny Kao
BOAO, China (Reuters) - Foxconn Technology Group will keep on increasing worker salaries in China and cutting the ...
Fri, March 30, 2012
Ford CEO pay rose 11 percent to $29.5 million in 2011
By Deepa Seetharaman and Bernie Woodall
DETROIT (Reuters) - Ford Motor Co
Fri, March 30, 2012
Medtronic to pay $85 million to settle Infuse lawsuit
By Jonathan Stempel
(Reuters) - Medtronic Inc said it agreed to pay $85 million to settle a shareholder lawsuit accusing it of making misleading statements ...
Fri, March 30, 2012
Ford CEO pay rose 11 percent to $29.5 million in 2011
By Deepa Seetharaman and Bernie Woodall
DETROIT (Reuters) - Ford Motor Co
Wed, March 28, 2012
Hospital pay incentives fail to help patients: study
By Lewis Krauskopf
(Reuters) - A program to pay hospitals bonuses for hitting key performance measures, or dock them if they miss, failed to improve ...
Sun, March 25, 2012
Exclusive: Shell scrambles to pay huge bill for Iran oil
By Richard Mably and Peg Mackey
LONDON (Reuters) - Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude ...
Sat, March 24, 2012
Venezuela to pay $420 million to Williams and Exterran
By Marianna Parraga
GUIRIA, Venezuela (Reuters) - Venezuela will pay Williams Cos Inc
Thu, March 22, 2012
Morgan Stanley directors win pay lawsuit dismissal
By Jonathan Stempel
(Reuters) - Twelve directors of Morgan Stanley
Thu, March 22, 2012
FedEx to pay Labor Dept $3 million over hiring
(Reuters) - FedEx Corp
Thu, March 22, 2012
Afghan shooting suspect did not pay fraud judgment
By Peter Henderson and Jed Horowitz
NEW YORK/SAN FRANCISCO (Reuters) - The U.S. soldier accused of killing 16 civilians in Afghanistan left for ...
Wed, March 21, 2012
Pay-for-pain proves costly to teams and league
By Steve Keating
(Reuters) - The New Orleans Saints were handed the bill for their pay-for-pain bounty scheme on Wednesday and it was a hefty ...
Wed, March 21, 2012
Greece unveils details of bond swap advisers' pay
ATHENS (Reuters) - Greece unveiled details of payments to its two main debt restructuring advisers late on Wednesday to knock down a local website report ...
Wed, March 21, 2012
Saints pay the price for "bounties"
By Simon Evans
(Reuters) - New Orleans Saints' Super Bowl winning head coach Sean Payton has been suspended for a year without pay by the ...
Wed, March 21, 2012
Broadcom to pay $195 million for BroadLight
(Reuters) - Broadcom Corp said it would pay about $195 million to buy BroadLight, a maker of chips used in fiber optic networks carrying services ...
Tue, March 20, 2012
JPMorgan to pay $150 million over failed Sigma SIV
By Jonathan Stempel
(Reuters) - JPMorgan Chase & Co
The settlement with investors including the American Federation of Television and Radio Artists (AFTRA) Retirement Fund was disclosed in filings late Friday with the U.S. District Court in Manhattan.
It related to the collapse of Sigma Finance Corp, a $27 billion investment fund created by London-based Gordian Knot Ltd. Sigma failed in October 2008 at the height of the global financial crisis.
According to the complaint and a regulatory filing, JPMorgan invested cash collateral posted by participants in a securities lending program in about $500 million of medium-term notes issued by Sigma Finance Inc, a structured investment vehicle.
While Sigma once carried "triple-A" ratings, JPMorgan "buried its head in the sand and refused to heed the warning signs" as analysts began predicting by late 2007 that Sigma would be unable to repay the notes, the complaint said.
Sigma's failure left about $1.9 billion as security for roughly $6.2 billion of medium-term notes and other secured debt, the complaint said.
JPMorgan spokeswoman Kristen Chambers said the New York-based bank did not admit wrongdoing in settling. "We are confident that we acted prudently and appropriately," she added.
The settlement requires court approval. A hearing to consider preliminary approval has been set for June 4.
A securities lending program typically lets an investor lend securities to a broker-dealer, in exchange for cash that a bank invests on behalf of the investor.
SIVs typically used short-term borrowings to make higher-yielding long-term investments. Many buckled as short-term credit markets tightened or froze in 2007 and 2008.
AFTRA is a labor union representing more than 70,000 performers, journalists and other artists.
Other plaintiffs in the JPMorgan case are the Manhattan and Bronx Surface Transit Operating Authority Pension Fund in New York City, and the Imperial County Employees' Retirement System in El Centro, California.
Bank of New York Mellon Co
The case is Board of Trustees of the AFTRA Retirement Fund et al v. JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York, No. 09-00686.
(Reporting By Jonathan Stempel in New York; Editing by Tim Dobbyn)
Mon, March 19, 2012
Instant View: Apple to pay dividend, buy back stock
(Reuters) - Apple Inc said it plans to pay a quarterly dividend of $2.65 per share and authorized a $10 billion stock buyback program ...
Thu, March 15, 2012
Apple iPad investigated for reports of excess heat
SAN FRANCISCO (Reuters) - An influential U.S. consumer watchdog is investigating online reports that Apple Inc's new iPad throws off an unusually large ...
Wed, March 14, 2012
SAIC to pay New York City $500 million in fraud case
By Joan Gralla and Jonathan Stempel
NEW YORK (Reuters) - Computer contractor SAIC will pay New York City more than $500 million under a deal ...
Wed, March 14, 2012
Banks to pay $25 million to NY state over mortgage system
By Basil Katz and Karen Freifeld
NEW YORK (Reuters) - Five major U.S. banks have agreed to pay $25 million to New York State ...
Tue, March 13, 2012
CIT Group offers to pay $75 million to end fraud lawsuit
By Basil Katz
NEW YORK (Reuters) - CIT Group Inc (CIT.N) on Tuesday asked a federal judge to approve a $75 million settlement proposal ...
Tue, March 13, 2012
Goldman unit to pay $7 million for supervision failures: CFTC
WASHINGTON (Reuters) - Goldman Sachs Execution & Clearing will pay $7 million to settle allegations it failed to diligently supervise accounts that it carried from about May 2007 to December 2009, the Commodity Futures Trading Commission said on Tuesday.
The CFTC said the Goldman unit, which provided back-office and other services to some clients who themselves are broker-dealers, did not properly supervise the handling of subaccounts.
(Reporting By Karey Wutkowski; Editing by Bob Burgdorfer)
Mon, March 12, 2012
Citi CEO Pandit's 2011 pay soars to $14.9 million
NEW YORK (Reuters) - Citigroup Chief Executive Vikram Pandit finally got his payday. The third biggest U.S. bank company paid Pandit $14.86 million ...
Mon, March 12, 2012
PG&E to pay San Bruno city $70 million for pipeline accident
(Reuters) - Utility company PG&E Corp
On September 9, 2010, a blast at the utility's natural gas pipeline killed four people, and an ensuing firestorm destroyed 37 homes and injured more than 50 people in San Bruno.
The company will make the payment within 30 days.
The $70 million payment is in addition to PG&E's commitment to fund replacement and repair of the city's infrastructure and other costs related to the accident, the company said in a statement.
PG&E has a network that includes about 43,000 miles of natural gas distribution pipeline and 6,438 miles of transmission pipeline.
Shares of the San Francisco, California-based company were trading up marginally at $43.14 on the New York stock exchange.
(Reporting by Sunayan Bhattacharjee in Bangalore; Editing by Sriraj Kalluvila)
Fri, March 09, 2012
Apollo's Black gets $104 million in distributions, pay
By Paritosh Bansal and Greg Roumeliotis
(Reuters) - Apollo Global Management LLC
Fri, March 09, 2012
Fannie, Freddie regulator slashes executive pay
By Margaret Chadbourn
WASHINGTON (Reuters) - The regulator for Fannie Mae
Thu, March 08, 2012
Citi CEO Pandit's 2011 pay soars to $14.9 million
NEW YORK (Reuters) - Citigroup Chief Executive Vikram Pandit finally got his payday. The third biggest U.S. bank company paid Pandit $14.86 million ...
Mon, March 05, 2012
Pay-for-pain row could boost NFL concussion suits
By Leigh Jones
(Reuters) - The "pay-for-pain" scandal roiling the National Football League could give a big boost to lawsuits already filed against the NFL ...
Sun, March 04, 2012
Analysis: "Pay for pain" scandal could end up in courts
By Leigh Jones
NEW YORK (Reuters) - A scandal in which U.S. football players got rewarded for injuring opponents could have legal consequences, with ...
Thu, March 01, 2012
Janus cuts CEO pay 40 percent after shareholder vote
By Ross Kerber
(Reuters) - Janus Capital Group
Thu, March 01, 2012
Disney defends Iger role, pay
LOS ANGELES (Reuters) - Walt Disney Co defended its executive structure and pay on Thursday after the company said a shareholder governance group objected to ...
Thu, March 01, 2012
UK galleries pay $72 million for Titian masterpiece
By Mike Collett-White
LONDON (Reuters) - Two British galleries have raised 45 million pounds ($72 million) for an important painting by Renaissance master Titian, dipping ...
Tue, February 28, 2012
Ex-Berkshire exec Sokol to get $1 mln a year in retirement pay
(Reuters) - David Sokol, who left Berkshire Hathaway
Tue, February 28, 2012
Blackstone CEO gets $213.5 million in 2011 pay, distributions
By Paritosh Bansal and Greg Roumeliotis
(Reuters) - Blackstone Group LP
Fri, February 17, 2012
Mitsui unit to pay $90 million over Gulf oil spill
By Jeremy Pelofsky
WASHINGTON (Reuters) - Mitsui & Co Ltd's MOEX Offshore agreed with the U.S. Justice Department to pay at least $90 million to settle some of its liability in the Deepwater Horizon oil spill, the first government settlement involving the BP Plc Macondo well.
MOEX will pay $70 million in civil penalties for violations of the Clean Water Act and spend at least $20 million on conservation projects in the Gulf states, the Justice Department said on Friday.
The settlement comes just 10 days before the civil trial starts in New Orleans to assign blame for the disaster, the largest offshore oil spill in U.S. history. The accident, which led to almost 5 million barrels of oil spilling, killed 11 people aboard the drilling rig.
BP itself has set aside more than $40 billion to cover spill-related costs. The company has been trying to reach its own settlement with the Obama administration, but whether it can succeed by the February 27 trial is still uncertain.
"We believe that all parties would like to settle before the trial date. However, we believe it is still not a given that all of the parties can meet and resolve the various issues," said Angie Sedita, a managing director of equity research at UBS.
Separately, BP and Schlumberger-owned drilling fluids specialist M-I Swaco agreed to dismiss Deepwater Horizon-related claims against each other, pending court approval.
In the MOEX settlement, $45 million of the civil penalties will go to the federal government and the remaining $25 million will go to the states affected by the oil that polluted their Gulf waters and washed up onshore: Louisiana, Texas, Mississippi, Alabama and Florida.
The Justice Department said it was the largest civil penalty under the Clean Water Act and emphasized the MOEX settlement did not affect others involved in the Deepwater Horizon spill.
"This landmark settlement is an important step - but only a first step - toward achieving accountability and protecting the future of the Gulf ecosystem by funding critical habitat preservation projects," Attorney General Eric Holder said in a statement.
The company, which previously owned a 10 percent stake in the Macondo well, settled with BP last year and agreed to pay $1.1 billion toward the cleanup costs.
"MOEX held only a small share of the Macondo well and had no role in the Deepwater Horizon tragedy," said David Uhlmann, a professor at Michigan University Law School and former chief of the Justice Department's environmental crimes section.
"It makes sense that MOEX is not paying billions in penalties, but the settlement amount is extremely small given the enormous economic losses and natural resource damages caused by the Gulf oil spill," he said.
The proposed settlement was filed in federal court in Louisiana and is subject to approval by a judge.
The case is In re: Oil Spill by the Oil Rig "Deepwater Horizon" in the Gulf of Mexico, on April 20, 2010, U.S. District Court, Eastern District of Louisiana, No. 10-md-02179.
(Additional reporting by Braden Reddall in San Francisco and Jonathan Stempel in New York; editing by Gerald E. McCormick, Phil Berlowitz, Andre Grenon and Richard Chang)
Fri, February 17, 2012
How to pay for a record $22 billion Boeing order
By Tim Hepher
SINGAPORE (Reuters) - How do you stump up the money for a $22 billion aircraft deal?
The answer in the case of ...
Wed, February 15, 2012
Citigroup pays $158 million in mortgage fraud pact
By Jonathan Stempel
(Reuters) - Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government ...
Mon, February 13, 2012
Republicans drop demand to pay for payroll tax cut
By Donna Smith and Thomas Ferraro
WASHINGTON (Reuters) - Republican leaders in the House of Representatives on Monday dropped their demand for spending reductions to ...
Wed, February 08, 2012
New York to pay $15 million in wrongful loitering arrests
By Jonathan Allen
NEW YORK (Reuters) - New York City has agreed to pay a total of $15 million in compensation to some 22,000 ...
Mon, February 06, 2012
Cyberplex unit to pay $4.8 million to Yahoo for poor traffic
(Reuters) - Cyberplex Inc said its debt-laden unit Tsavo Media is required to pay Yahoo Inc $4.8 million for what the U.S. search ...
Mon, February 06, 2012
Julius Baer ready to pay fine to avert U.S. probe
By Martin de Sa'Pinto and Katharina Bart
ZURICH (Reuters) - Julius Baer
Thu, February 02, 2012
Shareholder group slams Novartis over chairman's pay
By Katharina Bart
ZURICH (Reuters) - Shareholder group Ethos called for Novartis
Wed, February 01, 2012
House votes to extend federal pay freezes
WASHINGTON (Reuters) - The House of Representatives, seeking to cut the U.S. deficit and burnish its own tarnished image, passed a bill on Wednesday ...
Tue, January 31, 2012
Citigroup unit to pay $500,000 in age bias case
By Suzanne Barlyn
(Reuters) - A unit of Citigroup
Tue, January 24, 2012
TARP pay czar pressured on executive pay: report
WASHINGTON (Reuters) - Pressure from financial institutions and Treasury officials undermined an effort to limit executive pay at seven companies rescued with taxpayer money, a ...
Mon, January 23, 2012
UK shareholders to get vote on executive pay
By Matt Falloon
LONDON (Reuters) - Shareholders should be given a binding vote over how large British companies manage executive pay and more companies should ...
Mon, January 23, 2012
Exclusive: EU's Barnier eyes fresh squeeze on bank pay
By John O'Donnell and Julien Toyer
LONDON (Reuters) - The European Commission is considering limiting top bankers' pay to a multiple of junior staff ...
Mon, January 23, 2012
Apache to pay $2.85 billion for privately held Cordillera
By Michael Erman
(Reuters) - Oil and gas producer Apache Corp
Mon, January 23, 2012
49ers pay dearly for two botched punt returns
By Jonathan Weber
SAN FRANCISCO (Reuters) - For the San Francisco 49ers, a dream season came up just a couple of botched punt returns short ...
Sun, January 22, 2012
Paterno's long goodbye ends with public memorial
By Dave Warner
STATE COLLEGE, Pa (Reuters) - The son of late Penn State football coach Joe Paterno told 10,000 mourners on Thursday his ...
Fri, January 20, 2012
Disney boss Iger's pay up 13 percent in 2011
(Reuters) - Walt Disney Co
Fri, January 20, 2012
Disney boss Iger's pay up 13 percent in 2011
(Reuters) - Walt Disney Co
Thu, January 19, 2012
Exxon to pay Montana $2.4 million in spill accord
By Laura Zuckerman
(Reuters) - Exxon Mobil Corp. would pay more than $2 million in penalties and cleanup costs to Montana for a pipeline rupture ...
Thu, January 19, 2012
Ford to pay bonuses, raises for salaried workers
(Reuters) - Ford Motor Co
Thu, January 19, 2012
J&J to pay $158 million to settle Texas Risperdal case
By Corrie MacLaggan
AUSTIN, Texas (Reuters) - Johnson & Johnson said on Thursday it will pay $158 million to settle a Texas lawsuit accusing the drugmaker of improperly marketing its Risperdal anti-psychotic drug to state residents on the Medicaid health program for the poor.
The settlement fully resolves all Risperdal-related claims in Texas, the company said. The agreement is specific to the state of Texas and does not involve other ongoing state or federal Risperdal litigation.
The deal settles claims brought by Texas in 2004 and involves alleged Medicaid overpayments during the years 1994 to 2008 "and will circumvent potentially lengthy and costly appellate activities," according to a statement from J&J's Janssen Pharmaceuticals unit.
The settlement will be paid to the original plaintiff, his attorneys, the state of Texas and the federal government, which provides Medicaid reimbursements, the company said.
The complaint against J&J and several of its units filed in U.S. district court in Texas had alleged company representatives "targeted every level of the Texas Medicaid Program with misrepresentations about the safety, superiority, efficacy, appropriate uses and cost effectiveness of Risperdal."
"Janssen ran amok," Allen Jones, the Pennsylvania-based whistleblower on J&J's marketing practices who was a plaintiff along with state of Texas, told reporters in the Austin courthouse.
"They trashed the Johnson & Johnson credo and they misused Texas and, I believe, well-meaning officials, to further their marketing aims," Jones said. "They subverted science and they induced others to betray the people they were supposed to be taking care of. To me that is reprehensible."
The deal marks the first Risperdal settlement with any U.S. state, Janssen spokeswoman Teresa Mueller said.
J&J's once sterling reputation has been battered in the past two years over quality control problems at several of its plants and manufacturing errors that led to massive recalls of a wide variety of its products, including hip replacements, contact lenses, insulin cartridges and heart devices.
Its biggest black eye came from its McNeil consumer healthcare unit, which in a series recalls was forced to pull hundreds of millions of bottles and packages of popular medicines, such as Children's Tylenol, Motrin, Rolaids and Benadryl.
J&J shares were down 28 cents, or 0.4 percent, at $65 in afternoon trading on the New York Stock Exchange.
(Reporting by Corrie MacLaggan; additional reporting and writing by Bill Berkrot and Ransdell Pierson in New York; editing by Michele Gershberg ...
Wed, January 18, 2012
Wall Street stars exit as firms, pay shrink
By Lauren Tara LaCapra
(Reuters) - As Wall Street banks sharply cut costs, many of the industry's star bankers and traders are leaving their ...
Tue, January 17, 2012
Agency orders AirTran pilot reinstated with back pay
(Reuters) - AirTran Airways must reinstate a pilot it fired after he reported numerous mechanical concerns and pay him more than $1 million in back ...
Sun, January 15, 2012
Analysis: Foreign firms pay up to enter China's funds industry
By Samuel Shen and Nishant Kumar
SHANGHAI/HONG KONG (Reuters) - China's $350 billion mutual funds industry may be stumbling due to a sliding ...
Fri, January 13, 2012
Apple reveals supply chain, details conditions
By Poornima Gupta
SAN FRANCISCO (Reuters) - Apple revealed its closely guarded list of global suppliers for the first time and vowed to deal with ...
Wed, January 11, 2012
Analysis: Federated cryptically votes nay on corporate pay
By Ross Kerber
(Reuters) - Federated Investors Inc
Wed, January 11, 2012
Former SNB head Hildebrand to get 12 months' pay: report
ZURICH (Reuters) - Former Swiss National Bank Chairman Philipp Hildebrand will receive his salary for the next 12 months after he stepped down due to ...
Wed, January 11, 2012
Buffett to Republicans: if you pay, so will I
WASHINGTON/BOSTON (Reuters) - Warren Buffett is willing to put his money where his mouth is, if only congressional Republicans would join him.
The American ...
Sun, January 08, 2012
Goldman Sachs partners could see pay cuts: report
(Reuters) - Many partners at Goldman Sachs Group
Fri, January 06, 2012
Obama aims to unfreeze federal pay in 2013 budget
WASHINGTON (Reuters) - President Barack Obama will propose lifting a federal pay freeze in his upcoming budget plan to give government employees a 0.5 ...
Fri, January 06, 2012
Merkel, Sarkozy press for quick Greek solution
By Stephen Brown and Noah Barkin
BERLIN (Reuters) - Germany and France warned Greece on Monday it will get no more bailout funds until it ...
Thu, January 05, 2012
J&J to pay more than $1 billion to settle probe: report
(Reuters) - Johnson & Johnson is set to pay more than $1 billion to resolve a U.S. civil investigation into the marketing of its Risperdal antipsychotic drug, Bloomberg News reported on Thursday, citing anonymous sources.
The company reached a deal last week with the U.S. attorney in Philadelphia. The deal does not resolve negotiations over a possible criminal plea, the report said.
Johnson & Johnson spokeswoman Teresa Mueller said the company does not comment on rumors or speculation.
In August, J&J said it reached an agreement related to a misdemeanor charge stemming from the Risperdal investigation, although some issues remained unresolved.
(Reporting By Lewis Krauskopf; editing by Andre Grenon)
Thu, January 05, 2012
Apple to pay $5 million to settle patent lawsuit: Elan
TAIPEI (Reuters) - Elan Microelectronics Corp, a Taiwanese touch design company, said on Thursday that Apple Inc will pay $5 million as part of a ...
Thu, January 05, 2012
Taiwan's Elan says Apple to pay $5 million in patent settlement
TAIPEI (Reuters) - Elan Microelectronics Corp, a Taiwanese touch design company, said on Thursday that Apple Inc will pay $5 million as part of a ...
Wed, January 04, 2012
Colombia will pay for PIP breast implant removal
BOGOTA (Reuters) - Colombia will pay for the removal of breast implants made by a bankrupt French company that were linked to a global health ...
Tue, January 03, 2012
AT&T to pay TiVo to settle patent dispute
By Sinead Carew and Liana B. Baker
(Reuters) - AT&T Inc has agreed to pay TiVo Inc a minimum of $215 million and additional monthly licensing fees to settle a patent infringement dispute related to recording live TV.
TiVo's shares rose 14 percent in after-hours trade.
TiVo, whose brand is synonymous with a digital video recorders, has turned to litigation to generate revenue from licensing fees as the industry pioneer has struggled to fight competition from low-cost rivals in recent years.
The settlement is the second large victory in recent months for TiVo, which expects fees from AT&T to "significantly exceed" the guaranteed minimum payment.
TiVo also prevailed in a similar longstanding case against Dish Network and Echostar Corp in May. The companies, controlled by Charlie Ergen, agreed to pay TiVo $500 million to settle the dispute.
TiVo CEO Tom Rogers said in an interview that as part of the settlement, he could not reveal how much more revenue TiVo could generate from the deal but added "it's a number that has us holding our head very high."
TiVo will receive additional payments from AT&T that depend upon AT&T's subscriber base of DVR users meeting certain growth targets until 2018.
"No matter which projections you take, they all involve AT&T paying us significantly higher revenue than $215 million," Rogers said.
Todd Mitchell, an analyst for the firm Brean Murray, said he estimates AT&T could end up paying potentially 10 or 20 percent more per year if its TV business keeps growing.
An AT&T spokesman declined to comment.
The same patents involved in the case are a part of a lawsuit TiVo is embroiled in with AT&T's competitor, Verizon. Rogers said now that the AT&T case is settled, the parties will hold a conference and decide on a timetable for the Verizon case.
He added the AT&T settlement bodes well for the Verizon case since Verizon's TV service FiOS, like AT&T'S U-verse service, "has substantially built their business on operating DVRs."
A Verizon spokeswoman did not immediately respond for comment on Tuesday.
AT&T's first payment of $51 million, which was due Tuesday is slightly higher than TiVo's forecast for its fiscal fourth quarter revenue of $48 million to $50 million, announced in November.
The first payment will be followed by quarterly payments through June 2018, according to TiVo. In return the companies have agreed to dismiss all pending litigation and enter a cross licensing agreement.
TiVo shares rose 14 percent to $10.18 in after-hours trading.
(Reporting by Sinead Carew and Liana B. Baker; editing by Carol Bishopric)
Mon, January 02, 2012
UK's Cameron to tackle "excess" City pay
LONDON (Reuters) - Britain's Prime Minister David Cameron said on Monday he would clamp down on "excess" pay in London's financial sector as ...
Thu, December 29, 2011
GE Healthcare to pay $30 million to settle False Claims Act
(Reuters) - General Electric Co's
Thu, December 29, 2011
Verizon to add $2 bill-pay charge
(Reuters) - Verizon Wireless, which this month angered customers with three separate data service problems, said on Thursday it will add a $2 fee for ...
Fri, December 23, 2011
GE unit to pay $70 million over muni bond bid-rigging
WASHINGTON (Reuters) - General Electric Co
Wed, December 21, 2011
BofA's Countrywide to pay $335 million over bias case
By Jeremy Pelofsky and James Vicini
WASHINGTON (Reuters) - Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 ...
Wed, December 21, 2011
Top EU court upholds carbon airline law
By Michele Sinner and Barbara Lewis
LUXEMBOURG/BRUSSELS (Reuters) - Europe's highest court gave unreserved backing on Wednesday to an EU law to charge ...
Tue, December 20, 2011
Japan to pay $114 million for each F-35 fighter jet
TOKYO (Reuters) - Japan's defense ministry said on Tuesday it would pay 8.9 billion yen ($114 million) for each of Lockheed Martin's ...
Sun, December 18, 2011
Qantas agrees pay deal with engineers' union
SYDNEY (Reuters) - Australia's Qantas Airways
Sun, December 18, 2011
Qantas agrees pay deal with engineers union: report
SYDNEY (Reuters) - Australia's Qantas Airways
Sun, December 18, 2011
Germany may pay full ESM contribution in 2012: report
BERLIN (Reuters) - Germany's Finance Minister Wolfgang Schaeuble said the country may pay its full contribution to the euro zone's permanent rescue fund ...
Fri, December 16, 2011
Deadline looms for UBS Australia pay agreement - sources
By Narayanan Somasundaram and Denny Thomas
SYDNEY/HONG KONG (Reuters) - A unique deal to protect part of the annual bonus pool at UBS Australia ...
Thu, December 08, 2011
Exclusive: Zynga says can double number of paid players
By Tim McLaughlin
BOSTON (Reuters) - Zynga Inc Chief Executive Mark Pincus said the social games company can double the number of its paying players ...
Wed, December 07, 2011
Many companies pay no state taxes: report
WASHINGTON (Reuters) - Many brand-name U.S. companies are using deductions, credits and other means to shave their state tax rates below zero percent, a ...
Tue, December 06, 2011
Alpha to pay $209 million over coal mine disaster
By Steven Allen Adams
CHARLESTON, West Virginia (Reuters) - Coal miner Alpha Natural Resources has agreed to pay $1.5 million to each of the ...
Mon, December 05, 2011
Life insurers pay out $52.6 million after NY push
By Karen Freifeld
NEW YORK (Reuters) - Nearly 8,000 people received $52.6 million in previously unpaid life insurance benefits after New York authorities ...
Mon, December 05, 2011
Life insurers pay out $52.6 million after NY push
By Karen Freifeld
NEW YORK (Reuters) - Nearly 8,000 people received $52.6 million in previously unpaid life insurance benefits after New York authorities ...
Fri, December 02, 2011
Verizon to buy cable spectrum, pressuring rivals
By Sinead Carew and Yinka Adegoke
(Reuters) - Verizon Wireless will pay top U.S. cable providers $3.6 billion for wireless airwaves and let ...
Thu, December 01, 2011
Clearwire soars as Sprint eases liquidity concerns
By Sinead Carew
NEW YORK (Reuters) - Sprint Nextel Corp
Tue, November 29, 2011
MF Global trustee seeks to pay out $2.1 billion more
By Jonathan Stempel and Tom Polansek
(Reuters) - The trustee liquidating MF Global Holdings Ltd's broker-dealer unit asked a federal bankruptcy judge to authorize ...
Tue, November 29, 2011
NYS seeing low-paying jobs replacing high-pay ones
By Holly McKenna
ALBANY, New York (Reuters) - New York state has lost more than 500,000 job opportunities and about $31 billion in potential ...
Thu, November 24, 2011
Analysis: Harper's bet may pay off; China open to Canadian oil
By Florence Tan and Judy Hua
SINGAPORE/BEIJING (Reuters) - China is set to embrace Canada's offer of more crude, heating up competition with ...
Tue, November 22, 2011
Merck to pay $950 million to settle U.S. Vioxx charge
By Anna Yukhananov
(Reuters) - Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller Vioxx for an unapproved use, the U.S. Justice Department said on Tuesday.
The fine will conclude a long-running investigation into Merck's promotion of its one-time blockbuster drug, which was withdrawn from the market in September 2004 after being linked to heart risks.
The Justice Department alleged that Merck promoted the drug for treating rheumatoid arthritis before it had been approved for that condition by the U.S. Food and Drug Administration.
The case is one of the largest settlements by a major pharmaceutical company over marketing drugs in the United States for uses that have not been approved by the FDA, known as off-label promotion.
"We will not hesitate to pursue those who skirt the proper drug approval process and make misleading statements about the safety and efficacy of their products," said Tony West, the Justice Department's assistant attorney general for the civil division, in a statement.
Merck pled guilty to a misdemeanor charge and will pay a $321.6 million criminal fine for introducing the misbranded drug Vioxx into interstate commerce.
It also agreed to pay an additional $628.4 million civil settlement to resolve additional allegations regarding its off-label marketing of Vioxx and alleged false statements about the pill's heart safety. The U.S. government will recover $426 million of that amount, while the remainder will go to the states in the lawsuit.
HEART RISKS
The Justice Department said Merck also agreed to a corporate integrity agreement to strengthen oversight over its marketing. Merck said the settlement does not mean it admits liability or wrongdoing.
"We believe that Merck acted responsibly and in good faith in connection with the conduct at issue in these civil settlement agreements, including activities concerning the safety profile of Vioxx," said Bruce Kuhlik, executive vice president and general counsel of Merck, in a statement.
The large American drugmaker had already told investors in October 2010 it was taking a $950 million charge related to the U.S. government probe.
The civil settlement agreement is signed with the United States and individually with 43 states and the District of Columbia, but previously disclosed litigation with seven states is still unresolved, Merck said.
States have said the company misled regulators about the dangers associated with Vioxx, which has been linked in lawsuits to increasing users' risk of heart attacks and other serious cardiovascular side effects.
In 2007, Merck also agreed to pay $4.85 billion to settle lawsuits filed by thousands of former Vioxx users, who alleged the pill caused heart attacks.
(Reporting by Sarah N. Lynch and Anna Yukhananov; Editing by Tim Dobbyn and Carol Bishopric)
Mon, November 21, 2011
Western Digital told to pay $525 million in arbitration
By Supantha Mukherjee and Himank Sharma
(Reuters) - Hard drive maker Western Digital Corp said it was asked to pay $525 million in an arbitration ...
Thu, November 17, 2011
Republicans want oil drilling to pay for roads
WASHINGTON (Reuters) - Republicans on Thursday sought to lift a U.S. ban on new offshore oil and gas drilling and use related royalties to ...
Wed, November 16, 2011
Delta defeats ex-Northwest attendants' equal pay bid
By Jonathan Stempel
(Reuters) - A federal judge rejected a request by former Northwest Airlines Corp flight attendants to raise their compensation to that of ...
Tue, November 15, 2011
Fannie, Freddie chiefs defend pay packages
By Margaret Chadbourn
WASHINGTON (Reuters) - Top executives at Fannie Mae and Freddie Mac on Wednesday defended their companies' pay practices from attack by lawmakers ...
Thu, November 10, 2011
Mayweather, Jr. to pay for Frazier's funeral
The unbeaten world welterweight champion has reached out to Frazier's family after hearing the sad news and offered to help them give the ...
Mon, November 07, 2011
Franco to pay tribute to Williams with seance
The 127 Hours star will perform Three Artists in Search of Tennessee at New York City's Performa arts festival on 13 November (11 ...
Sun, November 06, 2011
Franco to pay tribute to Williams with seance
The 127 Hours star will perform Three Artists in Search of Tennessee at New York City's Performa arts festival on 13 November (11 ...
Sat, November 05, 2011
Franco to pay tribute to Williams with seance
The 127 Hours star will perform Three Artists in Search of Tennessee at New York City's Performa arts festival on 13 November (11 ...
Fri, November 04, 2011
Savile fans invited to pay final respects to late star
The former Top of the Pops presenter passed away at his home in Leeds, England on Saturday (29Oct11), two days before his 85th birthday ...
Thu, November 03, 2011
Savile fans invited to pay final respects to late star
The former Top of the Pops presenter passed away at his home in Leeds, England on Saturday (29Oct11), two days before his 85th birthday ...
Wed, November 02, 2011
U.S. tries "hip hop" diplomacy in Pakistan
By Chris Allbritton
ISLAMABAD (Reuters) - Considered by many Pakistanis to be public enemy number one, the United States on Monday turned to the musical ...
Mon, October 24, 2011
Khan must pay deposit to secure Ra.One release
The Indian actor is currently embroiled in a copyright battle over the action movie after scriptwriter Yash Patnaik accused Khan and his production firm ...
Sun, October 23, 2011
Khan must pay deposit to secure Ra.One release
The Indian actor is currently embroiled in a copyright battle over the action movie after scriptwriter Yash Patnaik accused Khan and his production firm ...
Sat, October 22, 2011
Khan must pay deposit to secure Ra.One release
The Indian actor is currently embroiled in a copyright battle over the action movie after scriptwriter Yash Patnaik accused Khan and his production firm ...
Tue, October 11, 2011
Peru says Cerro Verde must respect strike or pay fine
By Caroline Stauffer and Marco Aquino
LIMA (Reuters) - Government labor inspectors said Freeport-McMoRan must stop relying on volunteer workers to keep its Cerro Verde ...
Tue, October 11, 2011
Obama says Iran to face toughest possible sanctions
By Susan Cornwell and Alister Bull
WASHINGTON (Reuters) - President Barack Obama warned Iran on Thursday it would face the toughest possible sanctions for an ...
Tue, October 11, 2011
Peru says Cerro Verde must respect strike or pay fine
By Caroline Stauffer and Marco Aquino
LIMA (Reuters) - Government labor inspectors said Freeport-McMoRan must stop relying on volunteer workers to keep its Cerro Verde ...
Tue, October 11, 2011
ARRIS to pay 76 percent premium for BigBand Networks
(Reuters) - Broadband technology and software provider ARRIS Group Inc said it is to buy BigBand Networks, a video networking service provider, for $2.24 ...
Fri, October 07, 2011
BofA to pay $11 million total to Price, Krawcheck
By Rick Rothacker
(Reuters) - Bank of America Corp
Fri, October 07, 2011
Fox renews "The Simpsons" for two more seasons
LOS ANGELES (Reuters) - Fox said on Friday it had renewed animated TV series "The Simpsons" for another two seasons, after apparently reaching a pay ...
Thu, October 06, 2011
Del Monte, Barclays to pay $89.4 million in settlement
(Reuters) - Del Monte Corp and Barclays Capital agreed on Thursday to pay $89.4 million to settle a lawsuit that claimed they had not ...
Thu, October 06, 2011
Oracle to pay $199.5 million to resolve false claims case
WASHINGTON (Reuters) - Oracle Corp
Thu, October 06, 2011
Del Monte, Barclays to pay $89.4 million in settlement
(Reuters) - Del Monte Corp and Barclays Capital have agreed to pay $89.4 million to Del Monte shareholders in one of the largest cash ...
Wed, October 05, 2011
Tax on rich will pay for Obama jobs plan: Democrats
By Richard Cowan and Thomas Ferraro
WASHINGTON (Reuters) - Senate Democrats want to hit millionaires with a 5 percent surcharge on their taxes to pay ...
Wed, October 05, 2011
Tax on rich will pay for Obama jobs plan: Democrats
By Richard Cowan and Thomas Ferraro
WASHINGTON (Reuters) - Senate Democrats want to hit millionaires with a 5 percent surcharge on their taxes to pay ...
Wed, October 05, 2011
Tax on rich will pay for Obama jobs plan: Democrats
By Richard Cowan and Thomas Ferraro
WASHINGTON (Reuters) - U.S. millionaires would be hit with a new 5 percent surtax to pay for President ...
Wed, October 05, 2011
Tax on rich will pay for Obama jobs plan: Democrats
By Richard Cowan and Thomas Ferraro
WASHINGTON (Reuters) - Senate Democrats want to hit millionaires with a 5 percent surcharge on their taxes to pay ...
Wed, October 05, 2011
Banks should tie more employees' pay to risk: Fed
By Dave Clarke
WASHINGTON (Reuters) - Large banks need to tie more employees' compensation to the risks their decisions pose to their institutions, through such ...
Mon, October 03, 2011
EU preparing bank rescues amid Greece doubts
By John O'Donnell and Ilona Wissenbach
LUXEMBOURG (Reuters) - European finance ministers agreed on Tuesday to safeguard their banks as doubts grew about whether ...
Sun, October 02, 2011
Calif. insurer won't pay for breast cancer drug
(Reuters) - Health insurer Blue Shield of California has decided not to pay for Roche Holding's drug Avastin to treat breast cancer after health ...
Fri, September 30, 2011
Longshoremen's union ordered to pay $250,000 in damages
By Teresa Carson
PORTLAND, Ore (Reuters) - A federal judge ordered a longshoremen's union on Friday to pay $250,000 in damages stemming from ...
Thu, September 29, 2011
Raymond James to pay $2 million over unfair commissions
NEW YORK (Reuters) - Raymond James Financial Inc
Wed, September 28, 2011
Reebok settles charges over toning shoe claims
By Diane Bartz
WASHINGTON (Reuters) - Reebok International Ltd has agreed to pay $25 million to settle charges that it made unsupported claims that its ...
Mon, September 26, 2011
Netflix signs pay TV deal for Dreamworks animation
(Reuters) - Online video rental company Netflix Inc said it won pay TV rights to Dreamworks Animation movies starting in 2013, the first time a ...
Sun, September 25, 2011
TNK-BP to pay $1.25 billion special dividend
MOSCOW (Reuters) - The board of Russia's third-largest oil producer, TNK-BP
Sun, September 25, 2011
State Farm pay $5 billion to cover weather damages
(Reuters) - State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes -- damage to cars, homes and other property so far this ...
Sat, September 24, 2011
Devils co-owner to pay $25 million to exit: report
(Reuters) - Ray Chambers will pay $25 million to help the New Jersey Devils pay down debt and hand his 47 percent stake in the ...
Fri, September 23, 2011
Judge more than doubles expenses Casey Anthony must pay
By Barbara Liston
ORLANDO, Fla (Reuters) - A judge on Friday raised to $217,500 the total bill Casey Anthony must pay to compensate law ...
Fri, September 23, 2011
Democrats Pay Back
Remember when the Indiana Democrats went to Illinois to avoid a vote on the budget? Well, the House has collected most of the fines ...
Thu, September 22, 2011
Bank bosses should pay for trader errors: fund managers
By Sinead Cruise
LONDON (Reuters) - Bank bosses must lose their jobs if a trader in their pay is found guilty of hiding risky bets ...
Mon, September 19, 2011
News International to pay $4.7 million to settle hacking
By Avril Ormsby
LONDON (Reuters) - News International is expected to pay three million pounds ($4.7 million) to settle hacking claims by the family ...
Mon, September 19, 2011
Glaser forced to pay half daughter's school fees
According to recent court documents filed by Tracy Barone, who divorced the star in 2007, Glaser failed to take responsibility for half of 13-year-old ...
Mon, September 19, 2011
Credit Suisse to pay $206 million to settle German tax
By Martin de Sa'Pinto
ZURICH (Reuters) - Credit Suisse
Sun, September 18, 2011
UK's Cable plans clampdown on executive pay
By Tim Castle and Mohammed Abbas
BIRMINGHAM (Reuters) - British companies will be required to publish more details on the pay packages of top executives ...
Sun, September 18, 2011
Glaser forced to pay half daughter's school fees
According to recent court documents filed by Tracy Barone, who divorced the star in 2007, Glaser failed to take responsibility for half of 13-year-old ...
Sat, September 17, 2011
Obama: Americans must pay fair share to cut deficit
WASHINGTON (Reuters) - President Barack Obama said on Saturday that Americans need to be ready to "pay their fair share" to narrow the deficit, previewing ...
Sat, September 17, 2011
Glaser forced to pay half daughter's school fees
According to recent court documents filed by Tracy Barone, who divorced the star in 2007, Glaser failed to take responsibility for half of 13-year-old ...
Fri, September 16, 2011
Thousands of Latvians pay tribute to Karlis Skrastins
RIGA (Reuters) - Thousands of people streamed to an arena in the Latvian capital on Friday to pay tribute to Karlis Skrastins, one of the ...
Fri, September 16, 2011
Glaser forced to pay half daughter's school fees
According to recent court documents filed by Tracy Barone, who divorced the star in 2007, Glaser failed to take responsibility for half of 13-year-old ...
Fri, September 16, 2011
Analysis: BP oil spill report may prompt $30 billion pay-out
By Tom Bergin
LONDON (Reuters) - Findings of the second major investigation by the government into the 2010 Gulf of Mexico oil spill, may press ...
Thu, September 15, 2011
Casey Anthony must pay some $100,000 in probe costs
By Barbara Liston
ORLANDO, Fla (Reuters) - Casey Anthony, the young Florida mother acquitted of killing her daughter, was ordered on Thursday to pay almost ...
Wed, September 14, 2011
Bank of America to pay fired whistleblower $930,000
WASHINGTON (Reuters) - Bank of America Corp must reinstate a Countrywide whistle-blower fired shortly after the two companies merged in 2008 and pay the employee ...
Wed, September 14, 2011
Lutz and Lawless pay tribute to Whitfield
The Spartacus: Blood And Sand star passed away at his home in Sydney, Australia after succumbing to non-Hodgkin Lymphoma.
He was struck down with ...
Tue, September 13, 2011
Lutz and Lawless pay tribute to Whitfield
The Spartacus: Blood And Sand star passed away at his home in Sydney, Australia after succumbing to non-Hodgkin Lymphoma.
He was struck down with ...
Mon, September 12, 2011
Exclusive: SAP will pay $20 million in Oracle criminal case
By Dan Levine
SAN FRANCISCO (Reuters) - SAP AG has agreed to pay $20 million to resolve a criminal probe into allegations that it downloaded ...
Mon, September 12, 2011
Obama sends jobs plan to Congress, eyes tax hikes
By Steve Holland and Matt Spetalnick
WASHINGTON (Reuters) - President Barack Obama sent his jobs bill to Congress on Monday and proposed paying for it ...
Mon, September 12, 2011
Carrey happy to pay for city workers to remove his street art
Workers painted over the art the funnyman had sprayed on the outside wall of his West Village creative base, which he has dubbed the ...
Sun, September 11, 2011
Carrey happy to pay for city workers to remove his street art
Workers painted over the art the funnyman had sprayed on the outside wall of his West Village creative base, which he has dubbed the ...
Sat, September 10, 2011
Carrey happy to pay for city workers to remove his street art
Workers painted over the art the funnyman had sprayed on the outside wall of his West Village creative base, which he has dubbed the ...
Thu, September 08, 2011
U.S. Open umpires sue, faulting tennis league's pay structure
By James B. Kelleher
CHICAGO (Reuters) - Four U.S. Open umpires filed suit on Thursday against the United States Tennis Association, claiming the sporting ...
Thu, September 08, 2011
States to pay unemployment bills, taxes could rise
By Lisa Lambert and Karen Pierog
WASHINGTON/CHICAGO (Reuters) - U.S. states will start sending more than $1 billion to the federal government in ...
Fri, September 02, 2011
BNY Mellon grants ex-CEO Kelly $33.8 million in pay
NEW YORK (Reuters) - Bank of New York Mellon Corp
Fri, September 02, 2011
TIF District Could Pay for Police, Fire Property
They’re not in a tiff over it, but the city of Terre Haute could use the funds from its downtown tif district — or ...
Fri, September 02, 2011
Murdoch and son get big bonuses, James declines
By Yinka Adegoke
NEW YORK (Reuters) - News Corp awarded Rupert Murdoch and his son James big compensation increases, though James declined his bonus, citing ...
Thu, September 01, 2011
Cryer ordered to pay child support
The Two and a Half Men star has been battling ex Sarah Trigger over his child support obligations since the two divorced in 2004 ...
Wed, August 31, 2011
Hedge fund Diamondback to pay $1 million to settle insider case
BOSTON (Reuters) - Hedge fund Diamondback Capital Management, which had been embroiled in the government's insider trading case, has agreed to pay back roughly ...
Tue, August 30, 2011
Labor leaders must pay for parade if GOP banned, mayor says
By John Rondy
MILWAUKEE (Reuters) - The mayor of a Wisconsin town said on Tuesday a local labor council would have to reimburse the city ...
Mon, August 29, 2011
U.S. calls for U.N. pay raise to be rescinded
By Patrick Worsnip
UNITED NATIONS (Reuters) - The United States called on Monday for the rescinding of a nearly 3 percent cost of living pay ...
Thu, August 25, 2011
NY state to scrutinize pay at not-for-profits
By Joan Gralla
NEW YORK (Reuters) - Pay packages awarded to leaders of not-for-profit organizations in New York, which are partly funded by the state ...
Thu, August 25, 2011
NY state to scrutinize pay at not-for-profits
NEW YORK (Reuters) - Pay packages awarded to board members and executives of not-for-profit organizations in New York, which are partly funded by the state ...
Wed, August 24, 2011
Apple fans pay tribute to "industry icon" Jobs
By Sarah McBride and Melanie Lee
SAN FRANCISCO/SHANGHAI (Reuters)- From San Francisco to Seoul to Sydney, fans of Apple Inc paid tribute to ...
Wed, August 24, 2011
Google to pay U.S. $500 million over online drug ads
By Diane Bartz
WASHINGTON (Reuters) - Google Inc has agreed to pay $500 million to settle a probe into ads it accepted for online Canadian ...
Wed, August 24, 2011
Vanished Moody's analyst told to pay SEC $34.6 million
By Jonathan Stempel
NEW YORK (Reuters) - A former Moody's Investors Service analyst who bolted for India and cannot be found was ordered to ...
Wed, August 24, 2011
U.S. believes Google's Page knew about pharmacy ads: report
(Reuters) - Justice Department investigators believed that Google Inc's Chief Executive Larry Page knew about improper online pharmacy ads that Google carried, and allowed ...
Thu, August 18, 2011
Manchester United applies for Singapore IPO: source
By Saeed Azhar
SINGAPORE (Reuters) - English Premier League soccer champions Manchester United have filed a preliminary application with the Singapore Exchange for a planned ...
Wed, August 17, 2011
Many doctors face malpractice claims, but few pay
By Gene Emery
NEW YORK (Reuters Health) - Virtually every doctor practicing in a high-risk specialty will face at least one malpractice claim during their ...
Wed, August 17, 2011
Dodgers did not pay owner McCourt in last 2 years
By Tom Hals
WILMINGTON, Delaware (Reuters) - The bankrupt Los Angeles Dodgers baseball team has not paid or lent money to team owner Frank McCourt ...
Wed, August 17, 2011
Miller: Higher Ed Should Net Higher Pay
TERRE HAUTE, IN (WIBQ) -- When Vigo County Council member Kathy Miller suggested that county employees with college degrees get paid more than those without ...
Tue, August 16, 2011
Illinois says 3 hospitals should pay property taxes
By Karen Pierog
CHICAGO (Reuters) - The Illinois Department of Revenue on Tuesday denied property-tax exemptions for three hospitals in the wake of a widely ...
Tue, August 16, 2011
Government to pay $11 million, clean up historic Ford complex
By Jonathan Stempel
NEW YORK (Reuters) - The United States agreed to pay $10.84 million to settle a Ford Motor Co lawsuit over wartime ...
Thu, August 11, 2011
"Barefoot Bandit" signs movie deal to pay victims
By Alex Dobuzinskis
LOS ANGELES (Reuters) - The 20-year-old convicted burglar dubbed the "Barefoot Bandit" has agreed to a $1.1 million movie deal to ...
Thu, August 04, 2011
Insight: CEOs warned: mind the pay gap
By Ben Hirschler and Scott Barber
LONDON (Reuters) - A stuttering economy and anemic profit growth means company bosses' pay is unlikely to rise as ...
Sat, July 30, 2011
Anxiety in Afghanistan over troops pay if U.S. defaults
By Phil Stewart
KANDAHAR, Afghanistan (Reuters) - It is unclear if the United States will be able to pay troops on time in the event ...
Thu, July 28, 2011
Shell, rivals tackle lower output as profits soar
By Tom Bergin
LONDON, Jul (Reuters) - Royal Dutch Shell Plc
Wed, July 27, 2011
Saab unable to pay wages, blames delayed funding
AMSTERDAM (Reuters) - Struggling Swedish car maker Saab
Wed, July 27, 2011
U.S. Treasury reiterates August 2 debt limit warning
WASHINGTON (Reuters) - The Treasury on Wednesday reiterated its warning that it cannot guarantee payment of all the government's bills after August 2 without ...
Tue, July 19, 2011
Curiosity-seekers pay to spend night in Missouri jail
By Kevin Murphy
KANSAS CITY, Mo (Reuters) - The cheapest room and board in Jefferson City, Missouri, over the weekend was at the county jail ...
Tue, July 19, 2011
Former gallery director to pay restitution for fraud
By Joseph Ax
NEW YORK (Reuters) - Former art gallery director Leigh Morse escaped a lengthy prison term at her sentencing in a Manhattan criminal ...
Sat, July 16, 2011
Church to pay $1.75 million to father over son's abuse: lawyer
CHICAGO (Reuters) - An Illinois-based Catholic group agreed on Friday to pay $1.75 million to the father of a 14-year-old boy who was allegedly ...
Fri, July 15, 2011
Cash-flush Indiana to pay state workers one-time bonus
By Susan Guyett
INDIANAPOLIS (Reuters) - Indiana Governor Mitch Daniels said on Friday that most state employees will receive a surprise bonus over the next ...
Thu, July 14, 2011
Indiana Pay Your Taxes!
INDIANAPOLIS, IN (WIBQ) -- If you still haven’t paid your Indiana taxes, you’re not alone. The state will send out more than 90 ...
Wed, July 13, 2011
Danielle Chiesi settles SEC insider trading case
By Jonathan Stempel
NEW YORK (Reuters) - Danielle Chiesi, a former trader who pleaded guilty in the U.S. government's hedge fund insider trading ...
Fri, July 08, 2011
Wall Street targets pay as trading revenue fizzles
By Lauren Tara LaCapra
NEW YORK (Reuters) - Large Wall Street banks are starting to scale back compensation on trading desks as shareholders grow increasingly ...
Wed, July 06, 2011
Microsoft wants Samsung to pay smartphone license: report
SEOUL (Reuters) - Microsoft Corp has demanded that Samsung Electronics Co Ltd pay $15 for each smartphone handset it makes based on Google Inc's ...
Wed, July 06, 2011
FDIC backs pay clawback in bank liquidations
By Dave Clarke
WASHINGTON (Reuters) - U.S. regulators will be able to snatch back up to two years of Wall Street executives' pay if ...
Mon, July 04, 2011
UK government asked to pay more for elderly care
By Keith Weir
LONDON (Reuters) - Britain's cash-strapped government should spend more on caring for the elderly, according to proposals on Monday that would ...
Sat, July 02, 2011
White House to pay $37 million in salaries for 2011
WASHINGTON (Reuters) - The White House said on Friday it will pay $37,121,463 in salaries for 454 employees in 2011.
Three policy advisors ...
Fri, July 01, 2011
Jury says Exxon must pay $1.5 billion for leak: report
NEW YORK (Reuters) - A jury in Maryland awarded plaintiffs suing Exxon Mobil more than $1.5 billion for a 2006 leak at a gasoline ...
Thu, June 30, 2011
Jury orders Exxon to pay $495 million for leak: report
NEW YORK (Reuters) - A jury in Maryland ordered oil giant Exxon Mobil Corp to pay more than $495 million in damages for a leak ...
Mon, June 27, 2011
Blackstone asked for extra details on pay by SEC
NEW YORK (Reuters) - Private equity and real estate firm Blackstone Group
Thu, June 23, 2011
NYSE, D.Boerse to pay dividends, end investor suits
NEW YORK (Reuters) - NYSE Euronext
Wed, June 22, 2011
Dealtalk: In turnabout, U.S. banks issue stock to pay for deals
By David Henry
NEW YORK (Reuters) - U.S. banks including PNC Financial Services Group
Tue, June 21, 2011
No budget, no pay is word to California lawmakers
By Jim Christie
SAN FRANCISCO (Reuters) - There's no reward for a job poorly done, California lawmakers were told on Tuesday as their wages ...
Mon, June 20, 2011
Trustee says defer Blockbuster lawyers' pay
WILMINGTON, Delaware (Reuters) - Bankrupt video store chain Blockbuster Inc has so little remaining value that its lawyers and advisers should not be paid their ...
Thu, June 09, 2011
UCB to pay $34.4 mln over illegal drug promotion
WASHINGTON (Reuters) - The American unit of Belgian pharmaceutical company UCB SA will plead guilty and pay $34.4 million to settle criminal and civil ...
Thu, June 09, 2011
Indiana Will Not Pay For Shots For Children Who Are Insured
INDIANAPOLIS, IN (WIBQ) -- Starting July first, the state of Indiana will ask doctors not to refer kids to county health clinics for low cost ...
Tue, June 07, 2011
Michael Jackson concert insurers decline to pay out
LOS ANGELES (Reuters) - The insurers of Michael Jackson's ill-fated "This Is It" London comeback concerts have asked a judge to nullify a $17 ...
Mon, June 06, 2011
China paper warns Google may pay price for hacking claims
By Chris Buckley
BEIJING (Reuters) - Google has become a "political tool" vilifying the Chinese government, an official Beijing newspaper said on Monday, warning that ...
Fri, May 27, 2011
HSBC shareholders vent anger over pay plan
By Sudip Kar-Gupta and Sarah White
LONDON (Reuters) - HSBC
Fri, May 27, 2011
HSBC faces shareholder trial over costs, pay
By Sarah White and Tommy Wilkes
LONDON (Reuters) - HSBC Holdings Plc
Tue, May 24, 2011
Ceremony To Mark Chrysler Loan Pay Back
DETROIT, Mich (WLMI) Chrysler is poised to pay back nearly six-billion dollars in government loans and interest and will celebrate the milestone today with ...
Tue, May 17, 2011
Massachusetts may only pay fruitful social projects
NEW YORK (Reuters) - Massachusetts might require nonprofits it contracts with to tackle social ills such as homelessness to first obtain private funding, with state ...
Tue, May 17, 2011
Geithner: U.S. must deal with budget woes or pay more
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Tuesday the country's debt situation was so severe that Congress must deal with it or ...
Thu, May 12, 2011
Lime Wire to pay record labels $105 million, ends suit
By Jonathan Stempel
NEW YORK (Reuters) - The operators of LimeWire agreed to pay record companies $105 million, ending a federal trial over copyright infringement ...
Thu, May 12, 2011
Dow Chemical shareholders OK CEO's $21.3 million pay
By Ernest Scheyder
NEW YORK (Reuters) - Dow Chemical Co <DOW.N> shareholders overwhelmingly approved a $21.3 million pay package for Chief Executive Andrew ...
Thu, May 12, 2011
Dow Chemical shareholders OK CEO's $21.3 million pay
By Ernest Scheyder
NEW YORK (Reuters) - Dow Chemical Co <DOW.N> shareholders overwhelmingly approved Chief Executive Andrew Liveris' $21.3 million pay package at ...
Mon, May 09, 2011
Doctors loath to pay for unbiased education: survey
By Frederik Joelving
NEW YORK (Reuters Health) - While doctors believe industry funding may bias their continuing medical education, they are unwilling to pay for ...
Mon, May 09, 2011
"Wave to pay" chipmaker hires IPO banks: sources
By Quentin Webb
LONDON (Reuters) - Inside Secure, a chipmaker hoping to benefit from technology that allows shoppers to buy goods with the wave of ...
Tue, May 03, 2011
AIG unit must pay $86.7 million in arbitration ruling: report
(Reuters) - A unit of bailed-out insurer American International Group must pay $86.7 million to a U.S.-based unit of a Belgian bank ...
Tue, May 03, 2011
BP to pay $25 million penalty over Alaska oil spill
WASHINGTON (Reuters) - BP has agreed to pay a $25 million civil penalty plus interest to settle a federal investigation into a 2006 pipeline oil ...
Mon, May 02, 2011
Ohio GM workers sue company, union for back pay
NEW YORK (Reuters) - A group of auto workers in Ohio is suing General Motors and the United Auto Workers union, claiming that GM unfairly ...
Mon, May 02, 2011
EchoStar, Dish to pay TiVo to settle dispute
By Liana B. Baker
NEW YORK (Reuters) - Dish Network and EchoStar Corp will pay TiVo Inc $500 million to settle a patent infringement lawsuit ...
Sun, May 01, 2011
U.S. mulls making more firms pay corporate tax: group
By Kim Dixon
WASHINGTON (Reuters) - The Obama administration is considering a plan to force more businesses to pay the corporate income tax, an industry ...
Sat, April 30, 2011
Seattle to pay $1.5 million in cop-slain woodcarver case
SEATTLE (Reuters) - City officials on Friday agreed to pay $1.5 million to the family of a Native American woodcarver fatally shot by a ...
Fri, April 29, 2011
Jury orders Allergan to pay $212 mln in Botox case
LOS ANGELES (Reuters) - A Virginia U.S. District Court jury has ordered Allergan Inc to pay $212 million to a man who claimed that ...
Thu, April 28, 2011
Jury orders Allergan to pay $212 million in Botox case
LOS ANGELES (Reuters) - A Virginia District Court jury has ordered Allergan Inc to pay $212 million to a man who claimed that injections of ...
Tue, April 26, 2011
Only Fools & Horses stars pay tribute to Sullivan
The 64-year-old writer passed away at a private hospital in Surrey, England, six weeks after he was admitted to treat a bout of viral ...
Tue, April 26, 2011
Barton 'ordered to pay medical bills'
The O.C. star suffered a traumatic time that year (09) - she was hospitalised and placed on an involuntary psychiatric hold, later blaming the ...
Thu, April 21, 2011
MLB and union agree to pay pre-1980 players' pensions
NEW YORK (Reuters) - Major League Baseball and the players' union announced an agreement on Thursday to make belated payments to players who retired before ...
Thu, April 21, 2011
Microsoft plans sweeping pay raises: CEO memo
SEATTLE (Reuters) - Microsoft Corp plans to broadly raise salaries and stock awards to attract and retain top talent, Chief Executive Steve Ballmer said in ...
Thu, April 21, 2011
Governor Daniels Signs Bill Regarding Teacher Pay
INDIANAPOLIS, IN (WIBQ) -- A bill restricting teacher collective bargaining agreements was signed by Gov. Mitch Daniels yesterday. It's the first piece of Daniels ...
Thu, April 21, 2011
Fiat To Pay $1.3 billion To Up Chrysler Stake To 46 Percent
(Reuters) - Fiat SpA will pay $1.27 billion euros for an additional 16 percent stake in automaker Chrysler this quarter, raising its stake to ...
Wed, April 20, 2011
Store says no "pay later" deal with Lohan on necklace
By Alex Dobuzinskis
LOS ANGELES (Reuters) - A Los Angeles jewelry store owner testified on Friday that Lindsay Lohan left her store without paying for ...
Wed, April 20, 2011
Fiat to pay $1.3 billion to up Chrysler stake to 46 percent
By Ian Simpson
MILAN (Reuters) - Fiat SpA will pay $1.27 billion euros for an additional 16 percent stake in automaker Chrysler this quarter ...
Mon, April 18, 2011
Wal-Mart CEO pay fell last year
NEW YORK (Reuters) - Wal-Mart Stores Inc <WMT.N> Chief Executive Mike Duke's total compensation was $18.7 million last year, down from $19 ...
Mon, April 18, 2011
Tax filing scramble amid reports rich pay less
WASHINGTON (Reuters) - Taxpayers scrambled to meet Monday's deadline for filing income tax returns amid reports that the richest of the rich are paying ...
Wed, April 13, 2011
CEO pay votes intensify debate over proxy advisers
By Dena Aubin
NEW YORK (Reuters) - A growing number of companies are objecting to the role of firms that advise shareholder votes at annual ...
Tue, April 12, 2011
Illinois agency OKs program to pay Medicaid bills
CHICAGO (Reuters) - With Illinois facing a growing pile of bills from Medicaid providers that is adding to its fiscal woes, the state's finance ...
Tue, April 12, 2011
Citi ordered by panel to pay investors $54 million
By Joseph A. Giannone
NEW YORK (Reuters) - An arbitration panel ordered Citigroup Inc to pay a group of investors $54.1 million for losses ...
Tue, April 12, 2011
Pirc urges Barclays investors to oppose pay plans
LONDON (Reuters) - A leading corporate governance body has urged shareholders in Barclays <BARC.L> to oppose executive pay at the bank, calling its disclosure ...
Tue, April 12, 2011
Bank risk culture, pay not curbed enough: survey
LONDON (Reuters) - Banks need to do more to shift away from a culture of risk and the excessive pay structures that prevailed before the ...
Mon, April 11, 2011
Bill would force Kings to pay debt before packing up
SAN FRANCISCO (Reuters) - Like a desperation shot at the buzzer, three California lawmakers rolled out a bill on Monday to derail efforts by the ...
Fri, April 08, 2011
Weinsteins pay to settle Scream 4 suit
Cathy Konrad filed a $3 million (£1.9 million) lawsuit last May (10), claiming she developed the horror franchise and was entitled to produce ...
Thu, April 07, 2011
JPMorgan CEO Dimon's pay jumps to $20.8 million
By Clare Baldwin and Jonathan Stempel
NEW YORK (Reuters) - After piloting the No. 2 U.S. bank through the financial crisis relatively unscathed, JPMorgan ...
Tue, April 05, 2011
CBOE chief's pay dwarfs rivals at NYSE, CME
By Ann Saphir
CHICAGO (Reuters) - CBOE Holdings Inc <CBOE.O> Chief Executive Officer William Brodsky, who steered the operator of the biggest U.S ...
Mon, April 04, 2011
Indiana Democrats To Have Fines Witheld From Pay
INDIANAPOLIS, Ind. (WIBQ) - House Democrats who shirked their responsibilities and fled the Indiana Statehouse for a five-week walkout will soon be payingtheir imposed fines ...
Mon, April 04, 2011
Democrats Per Diem Pay To Be Withheld
House Democrats who shirked their responsibilities and fled the Indiana Statehouse for a five-week walkout will soon be payingtheir imposed fines.
State Auditor Tim ...
Fri, April 01, 2011
Los Angeles mayor to pay record fine over free tickets
By Alex Dobuzinskis
LOS ANGELES (Reuters) - Los Angeles Mayor Antonio Villaraigosa has agreed to pay a fine of $42,000 for accepting free tickets ...
Fri, April 01, 2011
Ford increases CEO's pay 48 percent to $26.5 million
By Bernie Woodall
DETROIT (Reuters) - Ford Motor Co <F.N> Chief Executive Alan Mulally's total compensation rose 48 percent to $26.5 million ...
Fri, April 01, 2011
Analysis: Tycoon Slim emerges as Latam's top pay TV player
By Cyntia Barrera Diaz
MEXICO CITY (Reuters) - Though he is struggling to break into the television market on his home turf, Mexico's Carlos ...
Fri, April 01, 2011
Mad Men boss offers to take a pay cut
The fifth season of the hit programme, which stars Jon Hamm and January Jones, was due to start shooting this spring (11) ahead of ...
Fri, April 01, 2011
Indiana Republicans Say Democrats Have To Pay Up
INDIANAPOLIS, Ind. (WIBQ) - Now that the Democrats are back at the statehouse, the Republicans want their money.
You remember...the fines leveed against Democrats ...
Fri, April 01, 2011
Report critical of pay practices at Fannie Mae, Freddie Mac
(Reuters) - The heads of bailed-out mortgage finance giants Fannie Mae <FNMA.OB> and Freddie Mac <FMCC.OB> were paid fat salaries without proper written ...
Fri, April 01, 2011
Morgan Stanley, Goldman to recommend "say on pay": report
(Reuters) - Morgan Stanley <MS.N>, Goldman Sachs <GS.N> and JPMorgan Chase & Co <JPM.N> will soon join Citigroup <C.N> and Bank of ...
Thu, March 31, 2011
Kraft CEO's pay falls in 2010 on unmet goals
CHICAGO (Reuters) - Kraft Foods Inc <KFT.N> Chief Executive Officer Irene Rosenfeld took a sharp pay cut in 2010 after the largest North American ...
Wed, March 30, 2011
SEC proposes risk retention, pay consultancy rules
By Sarah N. Lynch
WASHINGTON (Reuters) - U.S. securities regulators proposed new rules on Wednesday designed to restore lending discipline, and to bolster the ...
Tue, March 29, 2011
Levi Strauss to pay over $1 million in overtime back wages
(Reuters) - Levi Strauss & Co <LEVST.UL> agreed to pay more than $1 million in back wages for overtime to about 600 employees after the ...
Tue, March 29, 2011
Toys R Us to pay $1.3 million for violating FTC order
WASHINGTON (Reuters) - Toys R Us <TOY.UL> has agreed to pay a $1.3 million penalty for violating a 1998 order that barred it ...
Mon, March 28, 2011
Website to pay $950,000 for Beatles piracy
LOS ANGELES (Reuters) - The owners of a California Web site that sold Beatles songs for 25 cents each before they went on sale legally ...
Thu, March 24, 2011
City manager pleads not guilty in Bell, California, pay scandal
LOS ANGELES (Reuters) - Robert Rizzo, the former city administrator for Bell, California, at the center of a pay scandal over his $1.5 million ...
Thu, March 24, 2011
Florida law backs merit pay, ends tenure for new teachers
By Michael Peltier
TALLAHASSEE, Fla (Reuters) - Following weeks of debate and national attention, Florida Governor Rick Scott on Thursday signed into law a measure ...
Wed, March 23, 2011
NYC public retirees should pay health premiums: watchdog
By Joan Gralla
NEW YORK (Reuters) - New York City should require its retired public employees to pay for Medicare Part B premiums -- the way ...
Tue, March 22, 2011
HSBC sounding out shareholders over pay shake-up: report
LONDON (Reuters) - HSBC <HSBA.L> is sounding out its shareholders over a proposed shake-up of its pay plans that would see top executives assessed ...
Fri, March 18, 2011
Cisco to pay first-ever quarterly dividend
By Ritsuko Ando and Liana B. Baker
NEW YORK (Reuters) - Top network equipment maker Cisco Systems Inc <CSCO.O> plans to pay a dividend ...
Thu, March 17, 2011
NY Times risks losing readers with new pay model
By Jennifer Saba
NEW YORK (Reuters) - The New York Times will start charging for full access to its articles on phones, tablet computers and ...
Wed, March 16, 2011
Florida set to replace teacher tenure with merit pay
By Michael Peltier
TALLAHASSEE, Florida (Reuters) - Florida lawmakers gave final legislative approval on Wednesday to a bill aimed at replacing teacher tenure with a ...
Wed, March 16, 2011
J&J gives CEO praise, high pay despite low year
By Bill Berkrot and Ransdell Pierson
NEW YORK (Reuters) - After a year in which Johnson & Johnson's product quality control was deemed such a ...
Wed, March 16, 2011
J&J gives CEO high marks and pay despite low year
By Bill Berkrot and Ransdell Pierson
NEW YORK (Reuters) - After a year in which Johnson & Johnson's product quality control was deemed such a ...
Fri, March 11, 2011
Bank of New York CEO's pay up 38 percent in 2010
CHARLOTTE, North Carolina (Reuters) - The compensation of Bank of New York Mellon Corp's chief executive rose by 38 percent last year on stock ...
Mon, March 07, 2011
Barclays trio in $110 million pay day
By Steve Slater
LONDON (Reuters) - New Barclays boss Bob Diamond and his two replacements as head of the investment banking arm were paid 28 ...
Fri, March 04, 2011
Movie bosses pay fortune to free Radcliffe for Potter promos
The second installment of Harry Potter and the Deathly Hallows is due to open in London in July (11), but the film's star ...
Thu, March 03, 2011
Courtney Love to pay $430,000 in Twitter case
By Matthew Belloni
LOS ANGELES (Hollywood Reporter) - Rocker Courtney Love has settled the lawsuit brought against her by a fashion designer who claims she ...
Thu, March 03, 2011
TV chiefs agree to partial pay for Two and a Half Men crew
Warner Bros. and CBS network executives were left unimpressed after Sheen branded Lorre a ""stupid, stupid little man and a p**sy punk"" for ...
Wed, March 02, 2011
SEC proposes broker, adviser pay rules
By Sarah N. Lynch
WASHINGTON (Reuters) - U.S. securities regulators issued a proposal on Wednesday to curb bonuses at brokerage and investment advisory firms ...
Wed, March 02, 2011
NY Times expenses to rise, pay wall nearly ready
BANGALORE (Reuters) - The New York Times Co forecast higher first-quarter expenses and said February print advertising revenue fell, though print ad trends are improving ...
Wed, March 02, 2011
Bank pay creeps over uneven regulation
By Denny Thomas, Rachel Armstrong and Dave Clarke
HONG KONG/WASHINGTON (Reuters) - International regulators have touted success at reining in bank bonuses, but creeping ...
Thu, February 24, 2011
U.S. may pay for sex disease tests for elderly
WASHINGTON (Reuters) - U.S. health officials are considering including tests for sexually transmitted diseases like syphilis and hepatitis B for the elderly and disabled ...
Wed, February 23, 2011
Court hearing on Bell, California pay scandal halted
LOS ANGELES (Reuters) - A court hearing for a former official of a small California city at the center of a scandal over his annual ...
Fri, February 18, 2011
Long's matchmaking skills pay off for Goodwin
The star's He's Just Not That Into You castmate knew his pal Joey Kern was perfect for her - and spent weeks trying ...
Thu, February 17, 2011
Baghdad wants U.S. to pay $1 billion for damage to city
BAGHDAD (Reuters) - Iraq's capital wants the United States to apologize and pay $1 billion for the damage done to the city not by ...
Tue, February 15, 2011
Republicans to probe Fannie, Freddie executive pay
By Corbett B. Daly
WASHINGTON (Reuters) - A key congressional panel charged with overseeing financial matters plans to question Fannie Mae and Freddie Mac executives ...
Mon, February 14, 2011
GM set to pay hourly workers at least $4,000 bonus
DETROIT (Reuters) - General Motors Co <GM.N> will pay its 45,000 hourly workers in the United States a bonus of at least $4 ...
Mon, February 14, 2011
Ecuador court orders Chevron to pay $8.6 billion
By Victor Gomez
LAGO AGRIO, Ecuador (Reuters) - A court in Ecuador's Amazon told Chevron Corp on Monday to pay $8.6 billion in ...
Mon, February 14, 2011
Consumers would pay for premium telco services: study
BARCELONA (Reuters) - Frustrated with slow mobile Internet speeds and stalling videos, consumers are willing to dole out extra cash for better telecommunicaitons services, allowing ...
Mon, February 14, 2011
Reshaped swing will eventually pay dividends says Woods
DUBAI (Reuters) - Like a toddler taking his first stumbling steps, Tiger Woods's new swing sometimes falters but the former world number one remains ...
Fri, February 11, 2011
Activision says sharper focus will pay off
By Liana B. Baker
NEW YORK (Reuters) - A top executive at Activision Blizzard, the largest video game publisher in the United States, defended the ...
Thu, February 10, 2011
GM, Chrysler bonuses may reach 50 percent of pay: report
DETROIT (Reuters) - General Motors Co <GM.N> and Chrysler Group LLC could award some managers bonuses of up to 50 percent of their salary ...
Thu, February 10, 2011
Tyson Foods to pay $5.2 mln over Mexican case
CHICAGO (Reuters) - U.S. meat producer Tyson Foods Inc said it will pay $4 million to the U.S. Justice Department and $1.2 ...
Thu, February 10, 2011
Watchdog gives pay czar's legacy a failing grade
By Dave Clarke
WASHINGTON (Reuters) - The Obama administration's tough, but short-lived, crackdown on pay at the biggest U.S. banks will have little ...
Sun, February 06, 2011
Regulators seek to foil moves to undermine pay reform
By Dave Clarke
WASHINGTON (Reuters) - Regulators began their most forceful attempt yet to clamp down on bank bonuses since the 2007-2009 financial crisis, and ...
Sat, February 05, 2011
B of A to pay $410 million to settle overdraft lawsuit
By Jonathan Stempel
NEW YORK (Reuters) - Bank of America Corp <BAC.N> has agreed to pay $410 million to settle lawsuits accusing it of ...
Fri, February 04, 2011
"Twilight" studio to Blockbuster: Pay or liquidate
WILMINGTON, Delaware (Reuters) - The independent studio behind the hit "Twilight" films wants a judge to force bankrupt movie rental chain Blockbuster Inc to pay ...
Fri, February 04, 2011
British stars pay tribute to actress John
John, best known in the U.K. for her recent role in hit comedy Gavin & Stacey, passed away at a hospital in Swansea, Wales ...
Thu, February 03, 2011
Tennessee shoppers pay highest sales tax rate
WASHINGTON (Reuters) - Shoppers in Tennessee, California, Arizona, Louisiana and Washington state pay the highest retail sales tax rates, according to a report released on ...
Thu, February 03, 2011
Pressure on Kenneth Feinberg to disclose BP pay deal
By Moira Herbst
NEW YORK, Nov 22 (Reuters Legal) - There has never been anything quite like Kenneth Feinberg's $20 billion Gulf Coast Claims ...
Thu, February 03, 2011
Pay gap widening between male, female doctors
By Julie Steenhuysen
CHICAGO (Reuters) - Newly trained female doctors in the United States make nearly $17,000 less than their male counterparts, even though ...
Tue, February 01, 2011
Borders Group, Inc. Fails To Pay Bills For Second Month
(Ann Arbor, MI) -- In a sign of worsening times for the major bookseller, Borders Group, Inc. was unable to pay its bills for a ...
Mon, January 31, 2011
Hospital spending may pay off for some conditions
By Genevra Pittman
NEW YORK (Reuters Health) -- Hospitals that spend more money treating patients with acute illnesses may be better at keeping those patients ...
Fri, January 28, 2011
American Express changes CEO pay mix to more stock
NEW YORK (Reuters) - American Express Co said it changed the annual compensation plan for Chief Executive Kenneth Chenault and will now pay him largely ...
Fri, January 28, 2011
Prince selling Gabor mansion to pay bills
Prince Frederic von Anhalt put the property up for sale last week (ends23Jan11) after Gabor, 93, had part of her right leg amputated to ...
Fri, January 28, 2011
BofA may pay higher share of bonus in cash: report
(Reuters) - Bank of America Corp may give some investment bankers a greater share of their bonus payments in cash for 2010 compared to the ...
Tue, January 25, 2011
SEC adopts shareholder say-on-pay rules
By Sarah N. Lynch
WASHINGTON (Reuters) - Shareholders of publicly listed companies will get to weigh in on executive compensation through advisory votes, under a ...
Mon, January 24, 2011
Green Bay Packers Fans Get Ready to Pay For Super Bowl Tix
ASHWAUBENON, Wis. (WTAQ) - Fans looking to see the Green Bay Packers in the Super Bowl better be ready to pay up.
The cheapest tickets ...
Mon, January 24, 2011
Anthony erupts for 36 as Nuggets pay back Pacers
DENVER (Reuters) - Carmelo Anthony got off to a sluggish start but caught fire in the third quarter as the Denver Nuggets crushed the Indiana ...
Fri, January 21, 2011
Catholic church to pay $1 million to settle abuse lawsuit
SAN ANTONIO, Tex. (Reuters) - The Catholic church on Friday said it would pay nearly a million dollars to a man allegedly sexually abused at ...
Wed, January 19, 2011
More tech workers get bonuses, pay raises: survey
NEW YORK (Reuters) - More U.S. technology and engineering workers got bonuses and pay raises last year than in 2009, but the pay hikes ...
Mon, January 17, 2011
Green Bay Packers Fans Will Pay Up for NFC Championship Tickets
GREEN BAY, Wis. (WTAQ) - The NFL's oldest rivalry renewed will cost you a pretty penny to see it in person.
Right now, the ...
Thu, January 13, 2011
Douglas calls on paparazzi to pay up for cancer shots
The movie star admits it became a chore to face the paparazzi as he tried to battle his health crisis in private, and he ...
Fri, January 07, 2011
AIG to pay $450 mln to settle premium under-reporting lawsuit
(Reuters) - American International Group Inc <AIG.N> has agreed in principle to pay $450 million to settle a lawsuit with rival insurance companies over ...
Thu, January 06, 2011
SEC says broker will pay $350,000 to Bronx nuns
NEW YORK (Reuters) - A Long Island broker has agreed to pay $350,000 in a settlement to an order of mostly elderly nuns in ...
Mon, January 03, 2011
NY Governor Andrew Cuomo seeks to freeze public workers pay
NEW YORK (Reuters) - New York state employees should be asked to accept a wage freeze, and when their contracts expire, pay cuts could be ...
Tue, December 28, 2010
SAP must pay Oracle some interest on $1.3 billion verdict
SAN FRANCISCO (Reuters) - SAP AG must pay Oracle Corp prejudgment interest on a recent $1.3 billion copyright infringement verdict, but not at the ...
Mon, December 27, 2010
Basel Committee seeks detailed rules on bank pay
ZURICH (Reuters) - Global banking supervisors tackling issues like bonuses, which drew ire during the economic crisis, said banks should disclose how an individual's ...
Wed, December 22, 2010
AIG to pay $100 million in workers' compensation fines
NEW YORK (Reuters) - Bailed-out insurer American International Group will pay $100 million in fines in a settlement with all 50 states over reporting errors ...
Tue, December 21, 2010
Deutsche Bank to pay $553.6 million in tax shelter case
By Grant McCool and Ben Berkowitz
NEW YORK (Reuters) - Deutsche Bank <DBKGn.DE> admitted criminal wrongdoing for taking part in fraudulent tax shelters that ...
Tue, December 21, 2010
Hulu freezes IPO plan, mulls more pay services: report
LOS ANGELES (Reuters) - Internet video service Hulu is ditching plans to go public for now, choosing to focus on other financing options and new ...
Tue, December 21, 2010
Toyota to pay maximum $32 million fine in U.S. safety probe
By John Crawley and Chang-Ran Kim
WASHINGTON/TOKYO (Reuters) - Toyota Motor <7203.T> has agreed to pay the maximum fine of $32.4 million ...
Wed, December 15, 2010
Dems: How Will Gov-Elect Walker Pay For Smaller Rail Projects
MADISON, Wis. (WTAQ) - The political pot continues to stir over the now-defunct plan to build a high-speed train from Milwaukee to Madison.
Assembly Democrat ...
Mon, December 13, 2010
Feinberg has "quick pay" option for spill claims
By Anna Driver
HOUSTON (Reuters) - The administrator of BP Plc's <BP.L> $20 billion fund to compensate U.S. Gulf Coast residents affected ...
Fri, December 10, 2010
GM seeks easing of executive pay restrictions
By John Crawley
WASHINGTON (Reuters) - General Motors Co will seek some relaxation of executive pay restrictions imposed by the U.S. government as a ...
Thu, December 09, 2010
Congress votes to avert Medicare doctor pay cut
WASHINGTON (Reuters) - Legislation to avert a 25 percent pay cut for doctors treating patients covered by the federal Medicare health insurance program for the ...
Wed, December 08, 2010
Senate acts to stop Medicare doctors pay cut
WASHINGTON (Reuters) - The Senate on Wednesday agreed to avert a 25 percent pay cut for doctors treating patients covered by the Medicare health program ...
Tue, December 07, 2010
Abbott to pay $121.5 million in false claims settlement
NEW YORK (Reuters) - Abbott Laboratories <ABT.N> and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices ...
Tue, December 07, 2010
Renault F1 to pay libel damages to Piquets
By Alan Baldwin
LONDON (Reuters) - The Renault Formula One team apologized unreservedly to triple world champion Nelson Piquet and his son on Tuesday and ...
Tue, December 07, 2010
Cook's half-brother ordered to pay $12 million
Darryl McCauley, who worked as the funnyman's business manager for almost five years, was arrested in Massachusetts in December 2008, accused of stealing ...
Fri, December 03, 2010
Special Report: Making forests pay in a warming world
By David Fogarty
SEMPIT, Indonesia (Reuters) - Deep in the flooded jungles of southern Borneo, muddy peat oozes underfoot like jello, threatening to consume anyone ...
Fri, December 03, 2010
Carrey took big pay cut to star in Phillip Morris
In the film, inspired by true events, Carrey stars as jailed con artist Steven Jay Russell who falls in love with his cellmate, Phillip ...
Thu, December 02, 2010
Ex-Tyco CEO Dennis Kozlowski ordered to forfeit pay
By Jonathan Stempel
NEW YORK (Reuters) - Dennis Kozlowski, the imprisoned former chief executive of Tyco International Ltd, was ordered by a judge to forfeit ...
Wed, December 01, 2010
Stars pay tribute to Nielsen
The Naked Gun star passed away in Fort Lauderdale, Florida, 12 days after he was admitted to hospital suffering from pneumonia.
Nielsen's death ...
Mon, November 29, 2010
Congress votes to delay pay cut to doctors
WASHINGTON (Reuters) - Legislation to postpone for one month a hefty cut in payments to doctors who participate in the U.S. Medicare health insurance ...
Mon, November 29, 2010
Obama proposes freeze in federal worker pay
By Caren Bohan
WASHINGTON (Reuters) - President Barack Obama proposed a two-year freeze on Monday on the pay of federal workers and vowed to work ...
Mon, November 29, 2010
Wal-Mart to pay $2.3 billion for control of Massmart
By David Dolan
JOHANNESBURG (Reuters) - Wal-Mart <WMT.N> made a $2.3 billion formal bid for control of Massmart <MSMJ.J>, giving the world ...
Mon, November 29, 2010
J&J must pay Basilea $130 million for drug license breach
By Katie Reid
ZURICH (Reuters) - Johnson & Johnson <JNJ.N> must pay former Swiss partner Basilea <BSLN.S> about $130 million for breaching a license ...
Thu, November 25, 2010
UK banks remain in talks with government on pay: lobby
By Sudip Kar-Gupta
LONDON (Reuters) - Britain's top banks are still talking to the government about pay packages, a banking lobby group said on ...
Tue, November 23, 2010
Fugitive ex-Comverse CEO to pay $54 million
By Jonathan Stempel
NEW YORK (Reuters) - Jacob "Kobi" Alexander, the fugitive former chief executive of Comverse Technology Inc, agreed to pay nearly $54 million ...
Tue, November 23, 2010
Terre Haute Ordered To Pay $500,000 To Transit Union Workers
TERRE HAUTE, Ind. (WIBQ) - An arbitrator's decision on a pay dispute will cost the city of Terre Haute more than half a million ...
Fri, November 19, 2010
Wells Fargo to pay Citi $100 million over Wachovia
By Maria Aspan and Jonathan Stempel
NEW YORK (Reuters) - Wells Fargo & Co <WFC.N> will pay Citigroup Inc <C.N> $100 million to settle ...
Fri, November 19, 2010
EU orders Italy to pay back Elton John subsidy
BRUSSELS (Reuters) - The European Commission has ordered Italy to repay 720,000 euros ($1 million) used by local authorities to pay for a concert ...
Fri, November 19, 2010
More problems for China's Foxconn over workers' pay
By James Pomfret
FOSHAN, China (Reuters) - Chinese electronics maker Foxconn, a key manufacturer of iPhones and iPads for Apple, has been hit by a ...
Thu, November 18, 2010
Schwarzenegger & Lynch pay tribute to De Laurentiis at memorial
Aussie director Baz Luhrmann also joined family members and friends for the send-off at the Cathedral of Our Lady of the Angels in Downtown ...
Fri, November 12, 2010
Morgan Stanley to pay Merrill $1 million after raid
By Joseph A. Giannone
NEW YORK (Reuters) - Morgan Stanley <MS.N> was ordered by arbitrators this week to pay Merrill Lynch nearly $1 million ...
Tue, November 09, 2010
Google to give staff a 10 percent pay rise: reports
NEW YORK (Reuters) - Google Inc will give its staff a 10 percent pay increase at the start of next year, according to website Silicon ...
Tue, November 09, 2010
Big banks set to pay more into FDIC fund
By Dave Clarke
WASHINGTON (Reuters) - Large banks would be required to pay more into the government fund used to cover the cost of seizing ...
Tue, November 09, 2010
Big banks set to pay more into FDIC fund
WASHINGTON (Reuters) - Large banks would be required to pay more into the government fund used to cover the cost of seizing failed banks, according ...
Mon, November 08, 2010
Doctors urge Congress to halt Medicare pay cuts
By Julie Steenhuysen
CHICAGO (Reuters) - The American Medical Association unleashed its latest salvo on Monday in its campaign against cuts in Medicare payments to ...
Mon, November 08, 2010
Geithner: Not government role to limit executive pay
NEW DELHI (Reuters) - Treasury Secretary Timothy Geithner said on Monday it is not the government's role to set levels of executive pay at ...
Wed, November 03, 2010
SAP agrees to pay $120 million to Oracle: sources
By Jim Finkle and Dan Levine
SAN FRANCISCO (Reuters) - Germany's SAP AG has agreed to pay $120 million to Oracle Corp in return ...
Mon, November 01, 2010
AIG raises enough to pay off NY Fed credit line
NEW YORK (Reuters) - Bailed-out insurer AIG <AIG.N> raised $27.71 billion cash in 10 days with the initial public offering of its Asian ...
Sat, October 30, 2010
Anderson gives Playboy pay to charity
The former Playmate and Baywatch star posed nude for the January, 2011 issue, and had the check sent directly to Waves 4 Water, a ...
Fri, October 29, 2010
Cruise and Bieber pay tribute to tsunami victims
At least 150 people have died after a massive tremor hit off the coast of western Sumatra on Monday and triggered a terrifying tsunami ...
Thu, October 28, 2010
Verizon to pay $25 million settlement for overcharging
NEW YORK (Reuters) - The top U.S. mobile service, Verizon Wireless, has agreed to pay the U.S. Treasury $25 million on top of ...
Wed, October 27, 2010
Grimm's blue-collar roots pay dividends
By Steve Ginsburg
WASHINGTON (Reuters) - Russ Grimm's tireless work ethic during an 11-year NFL career was befitting of a man who grew up ...
Tue, October 26, 2010
Katie Couric could stay at CBS News with pay cut
By Georg Szalai
NEW YORK (Hollywood Reporter) - Katie Couric's future, once her CBS News contract ends, will be whereever she can have a ...
Tue, October 26, 2010
Glaxo to pay $750 million in adulterated drugs case
By Toni Clarke
BOSTON (Reuters) - GlaxoSmithKline Plc has agreed to pay $750 million and plead guilty to manufacturing and distributing adulterated drugs from a ...
Tue, October 26, 2010
Vigo County Teachers To Pay More For Health Benefits
TERRE HAUTE, Ind. (WIBQ) - It will cost Vigo County teachers more money for their insurance. The School Board has voted to increase employee health ...
Mon, October 25, 2010
BP sells Gulf of Mexico fields to pay for oil spill
TOKYO/LONDON (Reuters) - BP agreed to sell four fields in the deepwater of the Gulf of Mexico to Japan's Marubeni Corp for $650 ...
Fri, October 22, 2010
Happy Days stars pay tribute to Bosley
The beloved American actor, best-known as Happy Days patriarch Howard Cunningham on the hit 1970s and 80s TV sitcom, passed away at a hospital ...
Thu, October 21, 2010
Court monitor sought for California city in pay scandal
SAN FRANCISCO, Oct 22 (Reuters Legal) - California's attorney general asked a state court on Thursday to appoint a monitor to oversee the finances ...
Thu, October 21, 2010
Business Owner Told He Has To Pay Back Wages
OLNEY, Ill. (WIBQ) - A Wabash Valley trucking company will have to pay it's former workers $300,000. The Labor Department claims HHMT Inc ...
Wed, October 20, 2010
Vinokourov does not have to pay $1.7 million fine
PARIS (Reuters) - Kazakhstan's Alexandre Vinokourov will no longer have to pay a $1.7 million fine to cycling's governing body after the ...
Tue, October 19, 2010
U.S. to pay $760 million for mistreating Indian farmers
WASHINGTON (Reuters) - The U.S. government will spend up to $760 million to compensate American Indian farmers who were unfairly denied loans by the ...
Tue, October 19, 2010
Drug companies pay 17,000 U.S. doctors, report finds
WASHINGTON (Reuters) - More than 17,000 doctors and other healthcare providers have taken money from seven major drug companies to talk to other doctors ...
Tue, October 19, 2010
BP steps up image rebuild by linking pay to safety
By Tom Bergin
LONDON (Reuters) - BP <BP.L> Chief Executive Bob Dudley has stepped up his battle to rebuild the troubled oil giant's ...
Thu, October 14, 2010
CVS to pay $78 million to settle meth ingredient probe
SAN FRANCISCO (Reuters) - CVS Caremark Corp has agreed to pay $77.6 million to settle an investigation that its drugstores allowed widespread sales of ...
Thu, October 14, 2010
Maker of Chinese drywall and others to pay to fix homes
By Tom Hals
WILMINGTON, Delaware (Reuters) - A maker of Chinese drywall, builders and State Farm Insurance will pay for hundreds of U.S. homes ...
Wed, October 13, 2010
U.S. to pay SIGA up to $2.8 billion in biodefense deal
By Shravya Jain
BANGALORE (Reuters) - The United States is spending up to $2.8 billion to shore up its defenses against biological warfare, according ...
Wed, October 13, 2010
Serbia could pay heavy price for Genoa violence
By Zoran Milosavljevic
BELGRADE (Reuters) - Serbian hooligans were widely condemned on Wednesday as UEFA began an investigation that could lead to the Balkan country ...
Wed, October 13, 2010
Afghan firms "pay off Taliban with foreign cash"
By Hamid Shalizi
KABUL (Reuters) - Cash from the U.S. military and international donors destined for construction and welfare projects in restive parts of ...
Tue, October 12, 2010
Japan's DeNA to pay up $403 million for game firm ngmoco
TOKYO (Reuters) - Japan's DeNA Co will buy ngmoco Inc, a U.S. developer of games for Apple Inc's iPhone and iPad for ...
Tue, October 12, 2010
Wall Street pay to grow 4 percent in 2010: report
BANGALORE (Reuters) - Employee compensation and benefits at U.S. financial institutions is set to grow 4 percent in 2010 and is on its way ...
Sun, October 10, 2010
Beckham's $3 million pay cut
New figures for Footwork Productions show that turnover has fallen from $23.2 million (£15.5 million) in 2005 to $17.1 million (£11 ...
Thu, October 07, 2010
U.S. needs to get tough on recruiter pay: report
By Diane Bartz
WASHINGTON (Reuters) - The Department of Education needs to get tougher on enforcing a ban on incentives for college and vocational school ...
Thu, October 07, 2010
Citi ordered to pay actor Larry Hagman $11.5 million
By Joseph A. Giannone
NEW YORK (Reuters) - Larry Hagman, the actor who played the villainous J.R. Ewing in 1980s TV show "Dallas," became ...
Mon, October 04, 2010
"Crime" doesn't pay for Keanu Reeves in spoof
By Ray Bennett
TORONTO (Hollywood Reporter) - Combining a backstage theatrical romance and a drama about a bank robbery into one spoof might have seemed ...
Sun, October 03, 2010
Verizon Wireless to pay refunds for billing errors
NEW YORK (Reuters) - Verizon Wireless in a statement Sunday said it will pay millions of dollars in refunds to 15 million cell phone customers ...
Sat, October 02, 2010
Survey: WI Not Only State Struggling to Pay For Higher Medicaid Enrollment
MADISON, Wis. (WTAQ) - A nationwide survey shows Wisconsin is not alone as it struggles to find ways to pay for rising Medicaid enrollment.
The ...
Fri, October 01, 2010
City Council Denies Fire Department Pay Increace Request
TERRE HAUTE, Ind. (WIBQ) - Terre Haute firefighters will not be getting a pay raise. The City Council denied a request to bring firefighter salaries ...
Fri, October 01, 2010
Kelly worked as a nurse to pay her bills
The caring star didn't want to waste time waiting tables while she went for talent auditions and so she spent a year working ...
Thu, September 30, 2010
BP unit to pay $15 million for pollution violations
WASHINGTON (Reuters) - A unit of BP Plc has agreed to pay $15 million to settle Clean Air Act violations related to fires and a ...
Wed, September 29, 2010
Oliver Stone: What helped pay for "Wall Street 2"
By Georg Szalai
NEW YORK (Hollywood Reporter) - Oliver Stone said Wednesday that his "Wall Street" sequel benefited "enormously" from product placement, which helped expand ...
Wed, September 29, 2010
AIG, U.S. agree on plan to pay back taxpayers
By Paritosh Bansal
NEW YORK (Reuters) - American International Group Inc and the U.S. government laid out a plan for the insurer to repay ...
Fri, September 24, 2010
Citi board to raise CEO Pandit's pay in 2011
By Maria Aspan
NEW YORK (Reuters) - Citigroup Inc <C.N> said on Friday its board of directors would raise Chief Executive Vikram Pandit's ...
Fri, September 24, 2010
Regulators say banks on board with pay rules
By Dave Clarke
WASHINGTON (Reuters) - U.S. regulators on Friday said they doubted financial companies would try to skirt new rules designed to crack ...
Tue, September 21, 2010
Mayor, officials arrested in California pay scandal
By Dan Whitcomb
LOS ANGELES (Reuters) - The mayor, former city manager and most of the city council in a Los Angeles suburb were arrested ...
Thu, September 16, 2010
Morgan Stanley fights NY executive pay lawsuit
By Grant McCool
NEW YORK (Reuters) - In a case stemming from the public outcry over multimillion dollar executive pay even as the U.S ...
Wed, September 15, 2010
"Big Bang Theory" stars get pay increase
By James Hibberd
LOS ANGELES (Hollywood Reporter) - The stars of "The Big Bang Theory" are getting a big salary increase as CBS moves the ...
Wed, September 15, 2010
California sues local officials in pay scandal
SAN FRANCISCO (Reuters) - California's attorney general on Wednesday brought a lawsuit against eight local officials at the center of a public pay scandal ...
Mon, September 13, 2010
HP to pay $1.5 billion for security firm ArcSight
By Gabriel Madway and Liana Baker
SAN FRANCISCO/NEW YORK (Reuters) - Hewlett-Packard Co agreed to buy security software company ArcSight Inc for $1.5 ...
Sun, September 12, 2010
Rich states should pay for Africa mineral advice: panel
By Adrian Croft
LONDON (Reuters) - Rich countries should pay for African governments to get advice on negotiating the best deals for exploiting their natural ...
Sat, September 11, 2010
Iraq to pay for U.S. abuse claims vs Saddam regime
By Muhanad Mohammed
BAGHDAD (Reuters) - Iraq has signed a deal with the United States to settle claims from Americans who say they were mistreated ...
Fri, September 10, 2010
Geoghegan replaces Feinberg as pay czar
WASHINGTON (Reuters) - The Treasury Department has selected Patricia Geoghegan to replace Kenneth Feinberg as the "pay czar" overseeing compensation at companies bailed out by ...
Tue, September 07, 2010
Survey: Many WI Firms Slowly Restoring Pay, Benefit Cuts
MILWAUKEE, Wis. (WTAQ) - Many Wisconsin companies are slowly restoring the employee pay and benefit cuts they imposed during the recession.
The employers’ group of ...
Tue, September 07, 2010
Hilton facing Pledge This! pay-out
Bosses at Worldwide Entertainment Group sued Hilton and her company, Paris Hilton Entertainment, for breach of contract in 2008, claiming the socialite/actress failed ...
Tue, September 07, 2010
Oracle offered Hurd pay package with $10 million bonus
NEW YORK (Reuters) - Oracle Corp offered its new co-president, Mark Hurd, former head of Hewlett-Packard Co, a salary of $950,000 and a bonus ...
Fri, September 03, 2010
Miami police sue city over emergency pay cuts
NEW YORK (Reuters) - The Miami police union sued the city this week for abandoning their collective bargaining agreement and pushing through emergency pay and ...
Wed, September 01, 2010
Allergan to pay $600 million to settle Botox probe
By Debra Sherman and Jeremy Pelofsky
CHICAGO/WASHINGTON (Reuters) - Allergan Inc <AGN.N>has agreed to plead guilty and pay $600 million to resolve ...
Wed, September 01, 2010
CEO layoff leaders also led in pay in '09: study
BOSTON (Reuters) - As U.S. companies shed millions of workers during the recession, the CEOs who laid off the most people brought home pay ...
Tue, August 31, 2010
Shia LaBeouf tops Forbes list of actors worth their pay
By Zorianna Kit
LOS ANGELES (Reuters) - For the second straight year, "Transformers" star Shia LaBeouf topped a Forbes.com list of Hollywood's Best ...
Mon, August 30, 2010
3M to pay $943 million for biometric systems maker
By Nick Zieminski
NEW YORK (Reuters) - Diversified U.S. manufacturer 3M Co said it would buy Cogent Inc for $943 million, paying a nearly ...
Thu, August 26, 2010
Osbourne's ex ordered to pay for vandalism
Niki Cloyd pleaded no contest to one misdemeanour count of vandalism after she was reportedly caught on camera causing significant damage to Osbourne's ...
Wed, August 25, 2010
American Airlines mechanics reject pay deal
CHICAGO (Reuters) - Members of American Airlines' mechanics union rejected a contract proposal and authorized union leaders to call a strike, the Transport Workers Union ...
Wed, August 18, 2010
BofA Merrill Lynch to pay $2.5 million in FINRA matter
By Joe Rauch
CHARLOTTE, North Carolina (Reuters) - Bank of America <BAC.N> Merrill Lynch will pay $2.5 million in restitution and fines after ...
Mon, August 16, 2010
Sheen, Winfrey & Laurie top TV pay list
Sheen, who has been sentenced to 30 days in rehab for his Christmas Day (25Dec09) altercation with wife Brooke Mueller, nets a whopping $1 ...
Fri, August 13, 2010
Wolf Appliance Workers Reject Pay Cut
MADISON, Wis. (WTAQ) - Workers at Wolf Appliance reject a company offer of a 20 percent cut in pay and benefits.
Union members say Thursday ...
Thu, August 12, 2010
BP to pay $50.6 million fine for Texas refinery blast
By Erwin Seba
HOUSTON (Reuters) - BP Plc will pay a record $50.6 million fine for lingering safety problems from a deadly 2005 explosion ...
Fri, August 06, 2010
New City Ordinance To Target Those Who Don't Pay Parking Tickets
TERRE HAUTE (WIBQ) - If a new ordinance is passed, people could find their cars towed for unpaid tickets. Under the proposed ordinance, the city ...
Thu, August 05, 2010
Hollywood glad kids willing to pay for content
By Carl DiOrio
LOS ANGELES (Hollywood Reporter) - These kids are all right.
There's a spreading sense of optimism in Hollywood about young consumers ...
Wed, August 04, 2010
Public worker pay has many clamoring for reform
By Jim Christie
SAN FRANCISCO (Reuters) - California Governor Arnold Schwarzenegger has state employees on the ropes.
Growing public outrage over their pay, benefits and ...
Mon, August 02, 2010
Two funds target Oxy board over executive pay
By Braden Reddall
SAN FRANCISCO (Reuters) - Funds that own 1 percent of Occidental Petroleum Corp <OXY.N> are targeting board seats at the fourth-largest ...
Thu, July 29, 2010
U.S. executive pay to rebound modestly this year: survey
BANGALORE (Reuters) - Executive compensation at large and mid-sized U.S. companies is expected to rebound modestly this year after two consecutive years of declines ...
Thu, July 29, 2010
Citigroup to pay $75 million to settle SEC charges
By Maria Aspan
NEW YORK (Reuters) - Citigroup Inc <C.N> will pay $75 million to settle charges that it failed to disclose subprime exposure ...
Thu, July 29, 2010
Court orders Japan government to pay over U.S. base noise
TOKYO (Reuters) - A local court ordered the Japanese government on Thursday to compensate residents living near a U.S. airbase on the southern Okinawa ...
Tue, July 27, 2010
New York to pay family of black man killed by police
NEW YORK (Reuters) - The family of an unarmed black man killed in a hail of 50 bullets fired by New York City police officers ...
Tue, July 27, 2010
Drug Company To Pay Michigan $584K
(Lansing, MI) -- Michigan Attorney General Mike Cox has announced a settlement with drugmaker Ortho-McNeil-Jannsen, which will give the state 584-thousand dollars. The settlement came ...
Fri, July 23, 2010
Pay czar's report shows reform was needed: Obama
WASHINGTON (Reuters) - President Barack Obama said a report on Friday that 17 banks paid lavish bonuses while getting big bailouts from taxpayers showed the ...
Fri, July 23, 2010
Pay czar names 17 firms for "ill-advised" pay
By Glenn Somerville and Pedro da Costa
WASHINGTON (Reuters) - Seventeen financial firms made "ill-advised" payments to executives totaling $1.6 billion while taxpayers were ...
Thu, July 22, 2010
Pay czar to cite Goldman, JPMorgan, Citi: report
NEW YORK (Reuters) - Goldman Sachs Group Inc, JPMorgan Chase & Co and Citigroup Inc are among those Obama administration pay czar Kenneth Feinberg will cite ...
Thu, July 22, 2010
Dell to pay $100 million in SEC probe
By Gabriel Madway
SAN FRANCISCO (Reuters) - Dell Inc <DELL.O> on Thursday agreed to pay $100 million to settle charges by market regulators that ...
Tue, July 20, 2010
BA cabin crew reject new pay offer: union
LONDON (Reuters) - British Airways cabin crew have voted against a revised pay offer to settle a long-running dispute, their union said Tuesday, but the ...
Tue, July 20, 2010
Obama pushes for passage of women's pay act
By Patricia Zengerle
WASHINGTON (Reuters) - President Barack Obama pushed the Senate on Tuesday to pass long-stalled legislation that would make it easier for women ...
Tue, July 20, 2010
BP to sell Vietnam assets to help pay oil spill costs
By Tom Bergin
LONDON (Reuters) - BP <BP.L> said it is to sell gas fields and an associated pipeline and terminal in Vietnam, worth ...
Tue, July 20, 2010
BA cabin crew union rejects new pay offer
LONDON (Reuters) - British Airways' <BAY.L> main cabin crew union, Unite, said on Tuesday its members had rejected a revised airline pay offer, in ...
Fri, July 16, 2010
Yankees pay tribute to Steinbrenner
By Larry Fine
NEW YORK (Reuters) - Flowers were placed on home plate, a moment of silence was observed and Taps was played by a ...
Fri, July 16, 2010
AIG to pay $725 million to settle fraud case
By Paritosh Bansal and Steve Eder
NEW YORK (Reuters) - American International Group Inc <AIG.N> agreed to pay $725 million to settle a long-running ...
Fri, July 16, 2010
Judge denies Schwarzenegger bid to compel pay cuts
SACRAMENTO, California (Reuters) - A California judge on Friday denied Governor Arnold Schwarzenegger's attempt to force State Controller John Chiang to process pay cuts ...
Wed, July 14, 2010
Judge slams FTC in pay-for-delay generic drug case
By Diane Bartz
WASHINGTON (Reuters) - A judge hearing a dispute between the Federal Trade Commission and a generic drug company slammed the U.S ...
Tue, July 13, 2010
Mark Neumann's Campaign Admits Failure to Pay $25K Owed
MILWAUKEE, Wis. (WTAQ) - Mark Neumann’s campaign for governor admits that he failed to pay over $25,000 in state government transfer fees for ...
Mon, July 12, 2010
Insurers May Have to Pay Back Higher Rates Due to New Law
MADISON, Wis. (WTAQ) - Health insurers that have jacked up rates for individuals and small employers in Wisconsin might have to give some of that ...
Sun, July 04, 2010
Rugby must join soccer's party to pay for stadiums
By Mark Gleeson
JOHANNESBURG (Reuters) - South Africa must persuade its top rugby teams to use the new World Cup stadiums if the impressive infrastructure ...
Sun, July 04, 2010
U.S. asks Japan to pay more for moving Marines
TOKYO (Reuters) - The United States has asked Japan to shoulder additional costs for shifting part of the U.S. Marines based in southern Japan ...
Thu, July 01, 2010
Rugby's like NFL, but you get beaten up for no pay: U.S. coach
By Greg Stutchbury
WELLINGTON (Reuters) - United States rugby coach Eddie O'Sullivan pulls no punches when he approaches former American football players to give ...
Sat, June 26, 2010
Venezuela says will pay for nationalized H&P rigs
CARACAS (Reuters) - Venezuela will pay Helmerich and Payne for a fleet of oil rigs it seized from the U.S. company, the oil minister ...
Fri, June 25, 2010
Jury orders Merck pay $8 million Fosamax damages
NEW YORK (Reuters) - A jury on Friday awarded $8 million in compensatory damages to a Florida woman who sued Merck & Co, alleging the company ...
Wed, June 23, 2010
Feinberg to quit pay czar post, focus on BP fund
WASHINGTON (Reuters) - Kenneth Feinberg will step down from his role as Treasury's "pay czar" later this summer to focus on administering the BP ...
Tue, June 22, 2010
Nissan CEO pay was $9.5 million, below overseas peers
By Chang-Ran Kim, Asia autos correspondent
YOKOHAMA, Japan (Reuters) - Nissan Motor Chief Executive Carlos Ghosn said his total compensation last business year was $9 ...
Mon, June 21, 2010
States want BP to pay for oil spill loss
By Joan Gralla
NEW YORK (Reuters) - Eleven East Coast U.S. states have told BP they will hold it responsible for any losses caused ...
Fri, June 18, 2010
Senate restores Medicare pay for doctors
By Donna Smith
WASHINGTON (Reuters) - The Senate agreed on Friday to rescind a 21 percent pay cut that went into effect earlier this month ...
Fri, June 18, 2010
BP escrow account will pay claims fast: Feinberg
JACKSON, Mississippi (Reuters) - A $20 billion fund set up by energy giant BP Plc to compensate financial losses due to a big oil spill ...
Fri, June 18, 2010
Sony CEO's $4.5 million pay stirs shareholders
By Isabel Reynolds
TOKYO (Reuters) - Sony Corp CEO Howard Stringer took home $4.5 million plus stock options in the past financial year -- when ...
Thu, June 17, 2010
Sony CEO Stringer gets $4.5 million in annual pay
TOKYO (Reuters) - Sony Corp CEO Howard Stringer was paid 410 million yen ($4.5 million) for the financial year ended March 2010, the company ...
Thu, June 17, 2010
Walker Wants to Make State Workers Pay for Their Pensions
GREEN BAY, Wis. (WTAQ) - A Republican candidate for governor said Thursday he would save $180 million a year, by making state employees put their ...
Wed, June 16, 2010
BP cuts dividend and capex to pay for oil spill
By Tom Bergin
LONDON (Reuters) - Oil giant BP said it would not pay three quarters of dividends, significantly reduce its investment program and sell ...
Wed, June 16, 2010
South Africa could pay penalty for unions' Cup action
By Jon Herskovitz
JOHANNESBURG (Reuters) - One of the greatest fears for the hundreds of thousands of tourists visiting South Africa for the World Cup ...
Mon, June 14, 2010
Kagen Wants BP to Pay Up Immediately
GREEN BAY, Wis. (WTAQ) - 8th District Congressman Steve Kagen plans to introduce a bill asking British Petroleum to make an immediate payment to the ...
Sat, June 12, 2010
Slick South Korea make sloppy Greece pay
By Martin Petty
PORT ELIZABETH (Reuters) - South Korea chalked up the first win of this year's World Cup finals with a fluent 2-0 ...
Fri, June 11, 2010
RIM to pay Motorola in licensing pact
By Sinead Carew
NEW YORK (Reuters) - Cellphone rivals Motorola Inc and BlackBerry maker Research In Motion Ltd have reached a technology licensing agreement, ending ...
Fri, June 11, 2010
Striking Honda China workers hold out for pay, union
By James Pomfret
ZHONGSHAN, China (Reuters) - Workers at a lock factory in southern China that supplies Honda Motor Co <7267.T> challenged managers on ...
Wed, June 09, 2010
Hyatt workers want better pay as economy rebounds
CHICAGO (Reuters) - Hyatt Hotels Corp <H.N> is trying to lock its workers into recession-era wages despite an economic uptick that has helped bolster ...
Tue, June 08, 2010
BT makes two-year pay offer in bid to halt strike
LONDON (Reuters) - British telecoms group BT <BT.L> said it had made a new two-year pay offer to its workers in a bid to ...
Mon, June 07, 2010
Coke to pay Dr Pepper $715 million to sell drinks
By Martinne Geller and Nivedita Bhattacharjee
NEW YORK (Reuters) - Coca-Cola Co <KO.N> will pay Dr Pepper Snapple Group Inc <DPS.N> $715 million ...
Tue, June 01, 2010
More employers expect to pay higher salaries: survey
NEW YORK (Reuters) - More U.S. employers expect to pay higher salaries to new hires as demand for professional staff improves with a stronger ...
Fri, May 28, 2010
HSBC exec pay under fire, fears more global shocks
By Steve Slater
LONDON (Reuters) - HSBC's <HSBA.L> executive pay policy got a grudging green light on Friday, along with a stinging rebuke ...
Wed, May 26, 2010
UK's Pru wants to pay less to save AIA deal
By Myles Neligan and Cecilia Valente
LONDON (Reuters) - Prudential <PRU.L> has entered talks to cut its $35.5 billion offer for AIG's ...
Wed, May 26, 2010
At UPS hub, touch a package, pay for college
By Helen Chernikoff
LOUISVILLE, Kent. (Reuters) - In the depths of what United Parcel Service calls its "Primary Matrix," not a soul stands alongside the ...
Fri, May 21, 2010
Abbott to pay $3.7 billion for unit of India's Piramal
By Sumeet Chatterjee and Bharghavi Nagaraju
MUMBAI (Reuters) - Abbott Laboratories Inc <ABT.N> will pay $3.72 billion to acquire the branded generics business ...
Tue, May 18, 2010
NY Aqueduct slot vendor must pay state $300 million
By Joan Gralla
NEW YORK (Reuters) - The slot machine supplier that will be chosen to expand gambling at Aqueduct Racetrack must give New York ...
Mon, May 17, 2010
Microsoft settles with VirnetX, to pay $200 million
NEW YORK (Reuters) - Microsoft Corp will pay $200 million to VirnetX Holding Corp and obtain a patent license to settle litigation accusing it of ...
Fri, May 07, 2010
Teva, Baxter ordered to pay $500 million in Hep C case
NEW YORK (Reuters) - Teva Pharmaceutical Industries and Baxter Healthcare Services on Friday were ordered to pay a combined $500 million in punitive damages to ...
Fri, May 07, 2010
Dodgers owner told to pay $225,000 spousal support
By Dan Whitcomb
LOS ANGELES (Reuters) - Los Angeles Dodgers owner Frank McCourt was ordered on Friday to pay his estranged wife, who is seeking ...
Fri, May 07, 2010
BofA, Goldman to pay $1 billion in UK bank bonus tax
By Joe Rauch
CHARLOTTE, North Carolina (Reuters) - A British tax on bank executives' bonuses will cost two of the biggest U.S. banks a ...
Wed, May 05, 2010
Lawmakers seek to get BP to pay more for cleanup
By Ayesha Rascoe
WASHINGTON (Reuters) - U.S. lawmakers in the House of Representatives unveiled a bill on Wednesday similar to an effort in the ...
Wed, May 05, 2010
NATO says missile defense cost small price to pay
By David Brunnstrom
BRUSSELS (Reuters) - The head of NATO Wednesday put the cost of linking up the alliance's missile defense systems at less ...
Mon, May 03, 2010
Wal-Mart to pay $27.6 million over toxic waste case
By Jonathan Stempel
NEW YORK (Reuters) - Wal-Mart Stores Inc, the world's largest retailer, will pay $27.6 million to settle a lawsuit alleging ...
Fri, April 30, 2010
BP CEO says will pay oil spill claims
By Tom Bergin
LONDON (Reuters) - BP Plc will compensate all those affected by an oil spill from one of its wells in the Gulf ...
Thu, April 29, 2010
Pay czar says pay influenced Goldman's bets
By Steve Eder
NEW YORK (Reuters) - The Obama administration's pay czar said on Thursday that the lure of fat paychecks influenced Goldman Sachs ...
Thu, April 29, 2010
J&J to pay over $81 million in drug case
WASHINGTON (Reuters) - Two Johnson and Johnson <JNJ.N> subsidiaries agreed to pay more than $81 million to resolve allegations of illegal promotion of the ...
Mon, April 26, 2010
Pay czar sees signs Wall Street changing pay habit
By Paritosh Bansal and Megan Davies
BEVERLY HILLS, CA (Reuters) - Pay czar Kenneth Feinberg sees early signs some Wall Street firms are voluntarily toughening ...
Mon, April 26, 2010
Pay czar sees signs Wall Street changing pay habit
By Paritosh Bansal and Megan Davies
BEVERLY HILLS, CA (Reuters) - U.S. pay czar Kenneth Feinberg sees early signs some Wall Street firms are ...
Sun, April 25, 2010
IMF to keep mulling how to make banks pay for bailouts
WASHINGTON (Reuters) - The International Monetary Fund pledged on Sunday to keep working on plans to make bankers bear the burden of their own bad ...
Sun, April 25, 2010
Will Comcast's time on the Hill pay off?
By Yinka Adegoke
NEW YORK (Reuters) - Wall Street expects Comcast Corp <CMCSA.O> to post another solid quarter of customer additions and financials, but ...
Fri, April 23, 2010
Lloyds, RBS face fresh pressure over pay plans
By Raji Menon
LONDON (Reuters) - Lloyds <LLOY.L> and Royal Bank of Scotland <RBS.L> could face stormy investor meetings in the next two ...
Thu, April 22, 2010
Feingold Fights Automatic Congressional Pay Raises
WASHINGTON, D.C. (WHBL) - U.S. Senator Russ Feingold’s (D-WI) efforts to block congressional pay raises passed the Senate Thursday.
The legislation, part ...
Thu, April 22, 2010
U.S. budget office: 4 million likely to pay health fine
By Kim Dixon
WASHINGTON (Reuters) - About four 4 million people in the United States could be fined for failing to buy health insurance when ...
Wed, April 21, 2010
Merrill Lynch To Pay Michigan Over $450K In Settlement
(Lansing, MI) -- Merrill Lynch has reached a settlement with the state of Michigan over unregistered securities transactions. The state Office of Financial and Insurance ...
Mon, April 19, 2010
Wal-Mart CEO pay down a year after stock award
CHICAGO (Reuters) - Wal-Mart Stores Inc <WMT.N> CEO Michael Duke received a compensation package worth a bit more than $19 million in the fiscal ...
Sun, April 18, 2010
Toyota to pay $16.4 million fine, recall Lexus SUV
By Soyoung Kim and Bernie Woodall
DETROIT (Reuters) - Toyota Motor Corp has agreed to pay a record $16.4 million fine to U.S ...
Fri, April 16, 2010
BofA outlines new CFO's pay, bonus
By Joe Rauch
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp's new chief financial officer could earn as much as $8.5 million ...
Fri, April 16, 2010
Pay czar issues more rulings on TARP execs
WASHINGTON (Reuters) - The Obama administration's pay czar issued rulings on Friday for a second tier of top earners at bailed-out companies and said ...
Thu, April 15, 2010
Florida governor defies party, vetoes teacher pay bill
By Michael Peltier
TALLAHASSEE, Florida (Reuters) - Florida Governor Charlie Crist, fighting for the Republican nomination for the U.S. Senate, stirred more speculation he ...
Thu, April 15, 2010
Corrected: Marines pay Afghan farmers to destroy opium
(In para 20, corrects to baker sold bread to Afghan soldiers, not U.S. Marines)
By Mark Chisholm
MARJAH, Afghanistan (Reuters) - With heavy fighting ...
Tue, April 13, 2010
FDIC proposes large banks pay for their risk
By Karey Wutkowski
WASHINGTON (Reuters) - U.S. regulators proposed large banks pay higher fees if they engage in risky activities, introducing a new "scorecard ...
Tue, April 13, 2010
Vigo Co. School Administrators Sacrifice Pay Raise
TERRE HAUTE (WIBQ)-Vigo County school officials are turning down their pay raises.
Thousands of dollars will be saved thanks to an effort superintendent ...
Mon, April 12, 2010
China's Sinopec to pay $4.65 billion in oil sands deal
By Jeffrey Jones
CALGARY, Alberta (Reuters) - China's state-owned Sinopec plans to buy ConocoPhillips' stake in the huge Syncrude project in Canada's oil ...
Mon, April 12, 2010
AIG "strongly objected" to pay czar's cuts
By Paritosh Bansal
NEW YORK (Reuters) - American International Group Inc <AIG.N> "strongly objected" last year when U.S. pay czar Kenneth Feinberg imposed ...
Mon, April 12, 2010
Lowe's prices $1 billion of debt, to pay off June notes
NEW YORK (Reuters) - Lowe's Companies Inc <LOW.N> said on Monday that it will sell $1 billion of debt in two parts and ...
Fri, April 09, 2010
McDonald's 2009 CEO pay jumped on performance bonus
LOS ANGELES (Reuters) - McDonald's Corp <MCD.N> Chief Executive Jim Skinner received 2009 compensation of $17.6 million, more than double his 2007 ...
Fri, April 09, 2010
Reliance to pay Atlas $1.7 billion for Marcellus stake
By Pratish Narayanan and Michael Erman
MUMBAI/NEW YORK (Reuters) - Indian energy giant Reliance Industries will pay $1.7 billion to form a joint ...
Wed, April 07, 2010
Home Depot CEO Blake's 2009 total pay rises
NEW YORK (Reuters) - Home Depot Inc <HD.N> Chief Executive Frank Blake was awarded $9.9 million of total compensation in 2009, about 6 ...
Wed, April 07, 2010
AIG to pay $9 million in Ohio antitrust case
By Jonathan Stempel
NEW YORK (Reuters) - American International Group Inc will pay $9 million to settle an Ohio antitrust lawsuit accusing it of conspiring ...
Sun, April 04, 2010
CEO pay down 15 percent, Ellison tops list: NYT
NEW YORK (Reuters) - The average compensation for chief executives at the largest publicly traded U.S. companies fell 15 percent last year to $9 ...
Fri, April 02, 2010
AIG outlines pay for two top executives
NEW YORK (Reuters) - Bailed-out insurer American International Group on Friday outlined the 2010 compensation for two executives, after last month's clampdown on pay ...
Fri, April 02, 2010
U.S. workers more confident of jobs, higher pay
By Ellen Wulfhorst
NEW YORK (Reuters) - Increasingly confident about the job market, U.S. workers expect higher pay in a economic recovery or many ...
Thu, April 01, 2010
Governor David Paterson asks unions to forgo pay rise during crisis
NEW YORK (Reuters) - New York state's Governor on Thursday asked public sector unions to forgo pay raises to help the state close a ...
Thu, April 01, 2010
CEO median pay edges lower in 2009: report
(Reuters) - The median compensation for chief executives of 200 major U.S. companies fell marginally to $6.95 million in 2009, the Wall Street ...
Wed, March 31, 2010
Dow Chemical CEO pay up 16 percent for 2009
By Ernest Scheyder
NEW YORK (Reuters) - Dow Chemical Co <DOW.N> Chief Executive Andrew Liveris' total compensation jumped 16 percent for 2009, when the ...
Sun, March 28, 2010
Pay restrictions behind ILFC CEO's exit: report
NEW YORK (Reuters) - The departure of the head of American International Group Inc's <AIG.N> aircraft leasing unit was driven partly by U ...
Sat, March 27, 2010
Lufthansa calls for mediator in pay dispute - report
FRANKFURT (Reuters) - Senior executives at Lufthansa <LHAG.DE> are calling for a mediator in an ongoing pay dispute with pilots, German magazine Der Spiegel ...
Tue, March 23, 2010
Medicare to pay for "fillers" in HIV patients
WASHINGTON (Reuters) - The U.S. Medicare program will pay for the use of facial filling treatments in certain HIV patients with sunken cheeks and ...
Tue, March 23, 2010
Obama pay czar demands more trims at bailout firms
By Karey Wutkowski and David Lawder
WASHINGTON (Reuters) - The Obama administration's pay czar on Tuesday clamped down on 2010 pay at five U ...
Mon, March 22, 2010
NY to pay $33 million over illegal strip searches
NEW YORK (Reuters) - New York City must pay $33 million in damages to thousands of victims of illegal strip searches conducted in city jails ...
Mon, March 22, 2010
Obama pay czar to look back at Wall Street pay
By Karey Wutkowski and Steve Eder
WASHINGTON/NEW YORK (Reuters) - Obama administration pay czar Kenneth Feinberg plans to review past compensation at 419 companies ...
Sun, March 21, 2010
Musicians pay tribute to Alex Chilton at SXSW
By Gary Graff
AUSTIN, Texas (Billboard) - Alex Chilton, who died of a heart attack Wednesday, three days before the scheduled performance of his band ...
Sat, March 20, 2010
Greece will pay its debts, will not default: PM
ATHENS (Reuters) - Greece has taken the necessary steps to tackle its fiscal crisis and will not default on its debt obligations, the country's ...
Fri, March 19, 2010
Pay czar trims salaries at top of GM exec ranks
By David Bailey
PHOENIX (Reuters) - The U.S. pay czar will slash the number of top General Motors Co executives who will receive base ...
Thu, March 18, 2010
PNC's Rohr gets $18 million, pay up by half in '09
By Steve Eder
NEW YORK (Reuters) - Fresh off repaying U.S. taxpayers, PNC Financial Services Group <PNC.N> said on Thursday it gave Chief ...
Thu, March 11, 2010
BP to pay Devon $7 bln for fields
By Tom Bergin and Michael Erman
LONDON/NEW YORK (Reuters) - BP <BP.L> will pay $7 billion to Devon Energy <DVN.N> for assets ...
Wed, March 10, 2010
Blue chips' ties to pay advisers under spotlight
By Steve Eder
NEW YORK (Reuters) - A dark corner of corporate America is being thrust into the harsh glare of disclosure.
New rules are ...
Wed, March 10, 2010
UK proposes tougher steps on disclosing bankers' pay
LONDON (Reuters) - Britain will on Wednesday propose to force banks to reveal how many of their staff earn top wages, in steps that go ...
Tue, March 09, 2010
Local Administrators Mentioned in School Pay Bill Report
(Lansing, MI - WHTC News)If a Detroit area state lawmaker has his way, the pay of two local school administrators could be affected.
Republican ...
Fri, March 05, 2010
GM to pay vice chairman Girsky $5 million
NEW YORK (Reuters) - General Motors <GM.UL> will pay Stephen Girsky, recently appointed vice chairman in charge of corporate strategy and business development, around ...
Fri, March 05, 2010
GE's Immelt declines bonus, total pay nudges up
By Nick Zieminski and Scott Malone
NEW YORK/BOSTON (Reuters) - General Electric Co <GE.N> Chairman and Chief Executive Jeffrey Immelt declined a bonus ...
Fri, March 05, 2010
Coke CEO pay falls 16 pct in 2009 to $18.8 million
By Martinne Geller
NEW YORK (Reuters) - Coca-Cola Co <KO.N>, the world's largest soft drink maker, said it awarded Chairman and Chief Executive ...
Fri, March 05, 2010
BP CEO pay soars as profits dive
By Tom Bergin
LONDON (Reuters) - The chief executive of Europe's largest oil company by production, BP Plc, enjoyed a 41 percent rise in ...
Thu, March 04, 2010
Pay czar questions Wells Fargo CEO's compensation
NEW YORK (Reuters) - Pay czar Kenneth Feinberg believes the compensation paid to Wells Fargo & Co's <WFC.N> chief executive for 2009 "raises serious ...
Tue, March 02, 2010
UPS CEO's total pay down slightly in 2009
NEW YORK (Reuters) - United Parcel Service <UPS.N> on Tuesday said that Chief Executive Scott Davis' total compensation was roughly flat in 2009 at ...
Tue, March 02, 2010
Wal-Mart to pay $11.7 million in EEOC gender bias suit
By Jonathan Stempel
NEW YORK (Reuters) - Wal-Mart Stores Inc will pay more than $11.7 million to settle a gender discrimination lawsuit filed by ...
Mon, March 01, 2010
Goldman board rejects shareholder demands on pay
NEW YORK (Reuters) - Goldman Sachs Group Inc's <GS.N> board has rejected demands from shareholders that the firm investigate recent compensation awards, recoup ...
Fri, February 26, 2010
Citi, BofA pay banking heads more than CEOs
By Dan Wilchins
NEW YORK (Reuters) - For executives at Bank of America Corp <BAC.N> and Citigroup Inc, <C.N> it pays to be ...
Thu, February 25, 2010
Fed optimistic on changing Wall St pay
By Karey Wutkowski and David Lawder
WASHINGTON (Reuters) - The Federal Reserve expects the largest U.S. banks to make progress this year in overhauling ...
Mon, February 22, 2010
KeySpan to pay $12 million over NYC electricity prices
By Jonathan Stempel
NEW YORK (Reuters) - KeySpan Corp will pay $12 million to resolve charges it violated U.S. antitrust law through a 2006 ...
Thu, February 18, 2010
Ex-UBS exec to pay $2.75 million, settles Cuomo claims
By Jonathan Stempel
NEW YORK (Reuters) - A former top UBS AG <UBSN.VX> <UBS.N.> fixed-income executive has agreed to pay $2.75 million ...
Sat, February 13, 2010
Sliders pay tribute to dead Georgian
By Alan Baldwin
WHISTLER (Reuters) - Olympic luge athletes, their helmets marked by black strips of tape, paid their respects to dead Georgian Nodar Kumaritashvili ...
Fri, February 12, 2010
Athletes, audience pay tribute to Georgian luger
By Deborah Charles
VANCOUVER (Reuters) - Olympic athletes wore black armbands at the Opening Ceremony on Friday to pay tribute to a Georgian luge competitor ...
Thu, February 11, 2010
Citi CFO says bank at no disadvantage on pay
NEW YORK (Reuters) - Citigroup Inc <C.N> is at no disadvantage when it comes to paying employees, the bank's chief financial officer said ...
Wed, February 10, 2010
AIG launches new system for incentive pay
By Paritosh Bansal
NEW YORK (Reuters) - American International Group Inc <AIG.N> has launched a new system to determine how employees get incentive pay ...
Wed, February 10, 2010
Goldman CFO: Firm has no "magic formula" for pay
By Steve Eder
NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N>, which held down executive pay last year, has no "magic formula" for ...
Wed, February 10, 2010
Obama doesn't "begrudge" Dimon, Blankfein over pay
WASHINGTON (Reuters) - President Barack Obama said he doesn't begrudge the chief executives of JPMorgan Chase and Goldman Sachs their bonuses but called their ...
Tue, February 09, 2010
Investors questioned Morgan Stanley's pay: report
NEW YORK (Reuters) - Morgan Stanley's <MS.N> move to cut the firm's pay ratio followed prodding by large investors who questioned the ...
Tue, February 09, 2010
MetLife may pay AIG in stock, cash for unit: source
By Paritosh Bansal
NEW YORK (Reuters) - MetLife Inc <MET.N> plans to pay American International Group Inc <AIG.N> in stock and cash for ...
Sun, February 07, 2010
Canadians say you get what you pay for
By Steve Keating
VANCOUVER (Reuters) - Canada's goal is to "Own the Podium" at the Vancouver Winter Games, but $180,000 is not expected ...
Sat, February 06, 2010
G7 wants banks to pay for rescue, details pending
By Louise Egan and Gernot Heller
IQALUIT, Canada (Reuters) - The idea of a global tax on banks to recapture bailout costs gained ground on ...
Sat, February 06, 2010
G7 agrees banks must help pay crisis costs
By Gernot Heller
IQALUIT, Canada (Reuters) - Group of Seven officials agree banks must contribute toward the cost of dealing with the financial crisis but ...
Wed, February 03, 2010
Pay czar says AIG bonus flap to end in March
WASHINGTON (Reuters) - President Barack Obama's pay czar on Wednesday predicted the issue of hefty bonuses for AIG <AIG.N> employees would end in ...
Tue, February 02, 2010
BofA approved more than $4 billion for 2009 pay: report
NEW YORK (Reuters) - Bank of America Corp <BAC.N> has approved more than $4 billion in 2009 pay for its investment bankers and traders ...
Tue, February 02, 2010
Geithner: Banks must pay fully for bailout
By Glenn Somerville
WASHINGTON (Reuters) - The Obama administration is prepared to impose fees on financial firms for as long as necessary to ensure that ...
Mon, February 01, 2010
Boston Sci to pay J&J $1.73 billion in settlement
By Susan Kelly
CHICAGO (Reuters) - Boston Scientific Corp <BSX.N> will pay $1.73 billion to Johnson and Johnson <JNJ.N> to settle three ...
Fri, January 29, 2010
HCA to pay owners $1.75 billion dividend
NEW YORK (Reuters) - HCA Inc said on Friday it will pay its private equity owners a $1.75 billion dividend as the hospital operator ...
Fri, January 29, 2010
American Express CEO gets base pay jump
By Steve Eder
NEW YORK (Reuters) - American Express Co <AXP.N> raised Chief Executive Kenneth Chenault's base pay by 60 percent to $2 ...
Fri, January 29, 2010
American Express CEO gets base pay jump
By Steve Eder
NEW YORK (Reuters) - American Express Co <AXP.N> raised Chief Executive Kenneth Chenault's base pay by 60 percent to $2 ...
Fri, January 29, 2010
American Express CEO gets base pay bump
NEW YORK (Reuters) - American Express Co <AXP.N> increased the base pay of Chief Executive Kenneth Chenault to $2 million from $1.25 million ...
Thu, January 28, 2010
BofA CEO to get 2010 base pay of $950,000: source
By Joe Rauch
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp's <BAC.N> new chief executive, Brian Moynihan, will receive a base salary ...
Mon, January 25, 2010
Goldman caps UK partner pay at $1.6 million: source
NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N>, in the crosshairs of the pay debate, is capping compensation at $1.6 million for ...
Mon, January 25, 2010
Goldman caps UK partner pay at $1.6 million: source
NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N> is capping pay for partners in the UK at $1.6 million, according to a ...
Fri, January 22, 2010
Some U.S. lawmakers would toughen say on pay
WASHINGTON (Reuters) - Several U.S. lawmakers backed the idea of giving shareholders even more say on executive compensation amid the furor over Wall Street ...
Thu, January 21, 2010
Pay czar says must decide on clawback soon
WASHINGTON (Reuters) - The Obama administration's pay czar said on Thursday that he has about 45 days to decide whether he will exercise his ...
Thu, January 21, 2010
Goldman trims pay, posts profit as shares fall
By Steve Eder
NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N>, under fire for gold-plated pay packages, cut average pay per employee by ...
Wed, January 20, 2010
U.S. makes banks pay premium for warrant rebuys: report
(Reuters) - The Treasury Department persuaded some big banks to pay more than market estimates to repurchase warrants issued to the government in the financial ...
Tue, January 19, 2010
Lawmaker Promises To Pay For His Offices' Mistake
MADISON, Wis. (WTAQ) - A state senator is still promising to pay $38,000 of his own money for a mistake his Senate office made ...
Tue, January 19, 2010
Credit Suisse cuts bonus pool by 5 percent to pay UK tax
ZURICH (Reuters) - Swiss banking heavyweight Credit Suisse <CSGN.VX> says it will reduce its global bonus pool by 5 percent to pay for a ...
Fri, January 15, 2010
Briggs and Stratton To Reimburse Workers For Pay Cuts
WAUWATOSA, Wis. (Midwest Communications) - One of Metro Milwaukee’s largest firms says it will reimburse salaried employees for most of the pay cuts they ...
Fri, January 15, 2010
Siemens, ThyssenKrupp seek shareholder vote on pay
By Marilyn Gerlach
FRANKFURT (Reuters) - Siemens and ThyssenKrupp are set to be the first big German companies to give shareholders a vote on executive ...
Wed, January 13, 2010
Will hearings alter big bank bonuses? Pay experts say, "No."
By Terri Cullen
NEW YORK (Reuters) -- The public flogging Wall Street's elite are taking over their fat bonuses at Wednesday's Senate banking ...
Tue, January 12, 2010
FDIC floats plan to tie bank pay to fee levels
By Karey Wutkowski
WASHINGTON (Reuters) - U.S. banks whose compensation plans encourage excessive risk-taking would have to pay more for deposit insurance under a ...
Tue, January 12, 2010
Wall St must pay "mad scientists" well: lobbyist
WASHINGTON (Reuters) - Some Wall Street executives in line for fat bonuses are akin to "mad scientists" whose brilliance justifies the size of their pay ...
Tue, January 12, 2010
FDIC floats plan to tie bank pay to fee levels
By Karey Wutkowski
WASHINGTON (Reuters) - U.S. banks whose compensation plans encourage risk-taking would have to pay more for deposit insurance under a proposal ...
Fri, January 08, 2010
California governor seeks permanent state pay cuts
OAKLAND, California (Reuters) - California Governor Arnold Schwarzenegger will propose replacing furloughs of state workers with permanent pay cuts and increased retirement contributions from workers ...
Thu, January 07, 2010
Bank of America to pay bonuses close to '07 levels: report
NEW YORK (Reuters) - Bank of America Corp <BAC.N> will pay its investment bankers bonuses close to the levels of 2007, as it tries ...
Thu, January 07, 2010
NY judge orders Perelman pay ex-wife's company
NEW YORK (Reuters) - A New York judge has ordered billionaire financier Ron Perelman to pay more than $4 million to a film development company ...
Thu, January 07, 2010
Citi faces legal action over severance pay: report
(Reuters) - A former senior executive at Citigroup Inc <C.N> has decided to take legal action against the company to force it to resume ...
Wed, January 06, 2010
FDIC to weigh in on bank pay next week
WASHINGTON (Reuters) - The board of the Federal Deposit Insurance Corp will meet on January 12 to consider proposing rules on compensation for bank employees ...
Wed, December 30, 2009
Pilgrim's to pay $4.5 million over illegal workers
LOS ANGELES (Reuters) - U.S. chicken producer Pilgrim's Pride Corp said on Wednesday it will pay $4.5 million over three years to ...
Wed, December 30, 2009
AIG executive resigns over pay limits
By Steve Eder and Paritosh Bansal
NEW YORK (Reuters) - A top executive at American International Group Inc has resigned because of pay curbs imposed ...
Tue, December 29, 2009
Broadcom to pay $160.5 million to settle options suit
LOS ANGELES (Reuters) - Broadcom Corp <BRCM.O> said on Tuesday it will pay $160.5 million in cash to resolve an investor lawsuit accusing ...
Tue, December 29, 2009
Nokia's latest patent strike on Apple a risk, but may pay off
By Brett Young
HELSINKI (Reuters) - Nokia's latest patent strike against Apple underscores the changing dynamics of the cell phone market, with the sector ...
Mon, December 28, 2009
Morgan Stanley to overhaul pay for top execs: report
NEW YORK (Reuters) - Morgan Stanley <MS.N> plans to overhaul pay plans for its top executives, deferring more of their compensation over time and ...
Mon, December 28, 2009
Outgoing AIG counsel to get millions in severance pay: report
NEW YORK (Reuters) - American International Group Inc <AIG.N> is preparing to pay its departing general counsel several million dollars in severance after she ...
Wed, December 23, 2009
Fannie, Freddie CEO pay gets regulator nod: report
(Reuters) - The U.S. housing regulator has approved pay packages for the chief executives of mortgage finance companies Fannie Mae <FNM.N> and Freddie ...
Wed, December 23, 2009
AIG investigated executives regarding pay moves: report
NEW YORK (Reuters) - American International Group Inc <AIG.N> investigated five executives who threatened to resign over federal pay limits, the Wall Street Journal ...
Wed, December 23, 2009
U.S. pay czar Feinberg OKs compensation at some bailout firms
WASHINGTON (Reuters) - U.S. pay czar Kenneth Feinberg on Wednesday approved compensation plans for several executives and top-paid employees at three firms that have ...
Mon, December 21, 2009
U.S. pay czar allows incentives for key AIG employee
WASHINGTON (Reuters) - U.S. pay czar Kenneth Feinberg yielded on Monday to pleas from American International Group <AIG.N> to modify terms for a ...
Thu, December 17, 2009
County Exec's. Veto Stands on Assistant's Pay
GREEN BAY (WTAQ) - The Brown County Board of Supervisors spent last night debating just how much control the County Executive should have in the ...
Wed, December 16, 2009
AT&T workers sue for $1 billion in overtime pay
NEW YORK (Reuters) - AT&T Inc workers are suing the telephone operator for an estimated $1 billion in overtime payments in two class action ...
Wed, December 16, 2009
Most finance job-seekers open to pay cuts: survey
By Nick Zieminski
NEW YORK (Reuters) - A majority of job-seekers in the finance sector would consider taking a pay cut since their job searches ...
Tue, December 15, 2009
C.Suisse expects to pay $536 million in U.S. probe settlement
ZURICH (Reuters) - Swiss bank Credit Suisse <CSGN.VX> said it was likely to pay a hefty $536 million to settle a U.S. probe ...
Tue, December 15, 2009
Weyerhaeuser to become REIT, pay special dividend
By Ernest Scheyder
NEW YORK (Reuters) - Weyerhaeuser Co <WY.N> said it would convert into a real estate investment trust and pay a special ...
Mon, December 14, 2009
Citigroup, Wells Fargo to pay back U.S.
By Dan Wilchins
NEW YORK (Reuters) - Citigroup Inc and Wells Fargo & Co said they were paying back funds to the U.S. government, in ...
Mon, December 14, 2009
Citi's 2009 pay and bonus cuts to stay in place
WASHINGTON (Reuters) - Cuts in 2009 pay and bonuses for Citigroup's top 100 executives ordered by the Obama administration's pay czar will remain ...
Sun, December 13, 2009
Kelly in lead for BofA top job, pay an obstacle: report
NEW YORK (Reuters) - Bank of New York Mellon Corp <BK.N> Chief Executive Robert Kelly is the front-runner to succeed retiring Bank of America ...
Fri, December 11, 2009
Pay czar caps more salaries at bailed out firms
By Karey Wutkowski and Steve Eder
WASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at ...
Fri, December 11, 2009
U.S. jobless pay measure to move with defense bill
By Andy Sullivan and Thomas Ferraro
WASHINGTON (Reuters) - Democrats hope to pack a must-pass U.S. defense spending bill with measures to help victims ...
Thu, December 10, 2009
Pay czar poised for next wave of rulings
By Steve Eder and Karey Wutkowski
NEW YORK/WASHINGTON (Reuters) - The Obama administration's pay czar plans to announce on Friday his next wave ...
Tue, December 08, 2009
U.S. to pay $3.4 billion to settle Indian trust lawsuit
By Tom Doggett
WASHINGTON (Reuters) - The U.S. government said on Tuesday it will pay $3.4 billion to settle a long-running lawsuit against ...
Mon, December 07, 2009
Five AIG execs say may quit over pay: report
NEW YORK (Reuters) - Five senior executives at American International Group <AIG.N> told the insurer last week they may quit if their compensation was ...
Fri, December 04, 2009
Senators want new tax limit on health execs pay
By Susan Heavey
WASHINGTON (Reuters) - U.S. Democratic senators sought to further squeeze the health insurance industry on Friday by reducing the tax deduction ...
Fri, December 04, 2009
Goldman likely to pay annual bonus in stock: report
(Reuters) - Goldman Sachs <GS.N> Chief Lloyd Blankfein is weighing plans to increase the share of compensation paid out in equity to executives in ...
Wed, December 02, 2009
Goldman Sachs meets investors about exec pay: report
NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N> is meeting with major investors in an effort to head off a possible investor backlash ...
Mon, November 30, 2009
Croatian seamstress ordered to pay $5.7 million
By Jonathan Stempel
NEW YORK (Reuters) - A federal judge has ordered a retired Croatian seamstress to pay more than $5.7 million for her ...
Mon, November 30, 2009
British Air errs with $40 fare, to pay passengers
WASHINGTON (Reuters) - British Airways Plc will compensate consumers for cancellation penalties and other expenses stemming from an erroneous $40 fare offer between the United ...
Fri, November 27, 2009
Bank of America amends pay for senior executives
NEW YORK (Reuters) - Bank of America Corp <BAC.N>, the largest U.S. bank, amended on Friday the compensation agreements of two senior executives ...
Tue, November 24, 2009
AIG board OKs CEO pay, as Benmosche agrees to stay
NEW YORK (Reuters) - American International Group Inc <AIG.N>, the insurer that received billions of dollars in a U.S. bailout, has been authorized ...
Tue, November 24, 2009
Wisconsin Congressman Obey Wants Surtax To Pay For War
WAUSAU (WRN) - First, he criticized the Obama White House over reporting errors in the economic stimulus package. Now, Congressman Dave Obey says if the ...
Tue, November 24, 2009
2 Plans To Slash Independent Nurses Pay Dropped
MADISON (WRN) - State officials have dropped 2 plans to cut pay for independent nurses who care for the disabled in their homes. Almost 2 ...
Mon, November 23, 2009
AT&T offers pay by day, week, month data options
NEW YORK (Reuters) - AT&T Inc unveiled on Monday an offering that lets customers using its network for Web-surfing on laptop computers or netbooks ...
Thu, November 19, 2009
Philip Morris ordered to pay $300 million to smoker
LOS ANGELES (Reuters) - A Florida jury on Thursday ordered cigarette maker Philip Morris USA to pay $300 million in damages to a 61-year-old ex-smoker ...
Thu, November 19, 2009
U.S. House votes to boost Medicare pay to doctors
By Donna Smith
WASHINGTON (Reuters) - The U.S. House of Representatives voted on Thursday to boost Medicare payments to physicians in a move that ...
Thu, November 19, 2009
NY Times to Goldman Sachs: Pay up to cut public debt
NEW YORK (Reuters) - A New York Times editorial slammed Goldman Sachs <GS.N> for its role in the financial crisis and said that instead ...
Wed, November 18, 2009
Exclusive: GM must pay debt, make money before IPO
By John Crawley
WASHINGTON (Reuters) - General Motors <GM.UL> should focus on making money and repaying U.S. Treasury loans before turning to public ...
Wed, November 18, 2009
Survey: Wisconsinites Pay 22% More For Private Health Insurance
MADISON (WRN) - Wisconsin companies and their workers pay 22 percent more for private health insurance than Americans as a whole. That’s according to ...
Sat, November 14, 2009
Pay limits hamper BofA chief search: report
CHICAGO (Reuters) - Bank of America Corp's <BAC.N> search for a new chief executive has been hurt by federal pay limits that played ...
Thu, November 12, 2009
Court: Pay law does not limit right to travel
By Jonathan Stempel
NEW YORK (Reuters) - A U.S. law that awards thousands of federal employees higher pay than others because of where they ...
Thu, November 12, 2009
Obama pay czar says open to competitive pay offers
By David Lawder
WASHINGTON (Reuters) - The Obama administration's pay czar said on Thursday he is concerned that pay cuts he ordered at bailed ...
Thu, November 12, 2009
Intel to pay AMD $1.25 billion, settle disputes
By David Lawsky
SAN FRANCISCO (Reuters) - Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal ...
Wed, November 11, 2009
Pay caps make it tough to hire execs: GM chairman
By Jim Forsyth
SEGUIN, Texas (Reuters) - General Motors Co <GM.UL> Chairman Ed Whitacre on Tuesday urged the Obama administration to give the automaker ...
Wed, November 11, 2009
North Korea warns South it will pay for clash
By Jack Kim
SEOUL (Reuters) - North Korea said the South will pay "an expensive price" for firing at Pyongyang's retreating patrol boat on ...
Tue, November 10, 2009
Obama: Gunman in Fort Hood rampage to pay for crimes
By Ross Colvin
FORT HOOD, Texas (Reuters) - President Barack Obama vowed on Tuesday to make sure the gunman who killed 13 people in a ...
Tue, November 03, 2009
Philadelphia public transit workers strike over pay
By Jon Hurdle
PHILADELPHIA (Reuters) - Bus, subway and trolley service in Philadelphia halted on Tuesday as transit workers went on strike over wages, pensions ...
Fri, October 30, 2009
Fed to meet bank execs on pay reviews
WASHINGTON (Reuters) - Federal Reserve officials are scheduled to meet with bank executives on Monday to discuss executive pay at large financial firms, a Fed ...
Wed, October 28, 2009
Pay czar vows to rework AIG bonuses
By David Lawder
WASHINGTON (Reuters) - Renegotiating bonuses to American International Group employees is a "top priority," the Obama administration's pay czar said on ...
Wed, October 28, 2009
Pay czar Feinberg increased base pay at U.S. firms: report
(Reuters) - Kenneth Feinberg, the Treasury bailout program's special master for compensation, who cut total compensation for top earners at seven bailed-out firms last ...
Tue, October 27, 2009
Pay czar says authority should not be expanded
WASHINGTON (Reuters) - The Obama administration's executive pay czar said his authority should not be expanded beyond setting compensation guidelines for seven banks and ...
Tue, October 27, 2009
U.S. defense bill would pay Taliban to switch sides
By Susan Cornwell
WASHINGTON (Reuters) - The defense bill President Barack Obama will sign into law on Wednesday contains a new provision that would pay ...
Mon, October 26, 2009
Female CEOs' pay fell more than men's: survey
NEW YORK (Reuters) - Female chief executives earned just 58 percent of what their male counterparts did in 2008, and their compensation packages were slashed ...
Mon, October 26, 2009
Bank regulator sees risk in pay czar rulings
By Karey Wutkowski
CHICAGO (Reuters) - A top U.S. bank regulator said on Monday that there is "very real concern" that some large financial ...
Fri, October 23, 2009
Pay czar emphasizes wide "clawback" power
By Karey Wutkowski
WASHINGTON (Reuters) - Pay czar Kenneth Feinberg emphasized on Friday his ability to claw back pay at any company receiving a taxpayer ...
Thu, October 22, 2009
U.S. cuts pay at bailed out firms, BofA hits back
By Karey Wutkowski and David Lawder
WASHINGTON (Reuters) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies ...
Thu, October 22, 2009
Fed issues bank pay guidelines to combat risk
By Mark Felsenthal and Karey Wutkowski
WASHINGTON (Reuters) - The U.S. Federal Reserve issued bank pay guidelines on Thursday to curb the type of ...
Wed, October 21, 2009
Top pay at bailed out companies to be cut
By Karey Wutkowski and Steve Eder
WASHINGTON/NEW YORK (Reuters) - Top earners at financial and auto companies bailed out by the U.S. government ...
Tue, October 20, 2009
Medicare doctor pay plan hits Senate snag
By Donna Smith
WASHINGTON (Reuters) - A proposal to boost Medicare payments to doctors ran into trouble in the U.S. Senate on Tuesday as ...
Tue, October 20, 2009
Credit Suisse changes executive pay structure
By Juan Lagorio and Lisa Jucca
NEW YORK/ZURICH (Reuters) - Credit Suisse <CSGN.VX> said on Tuesday it would make executives wait three-to-four years ...
Mon, October 19, 2009
Exxon ordered to pay $105 million in NYC case
NEW YORK (Reuters) - A federal jury in New York City ruled Exxon Mobil Corp had polluted the city's ground water and ordered the ...
Sat, October 17, 2009
Pay rules complicate GM CFO search: report
CHICAGO (Reuters) - General Motors Co's bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed ...
Thu, October 15, 2009
BofA's Lewis 2009 pay cut, retirement under review
By Joe Rauch and Karey Wutkowski
CHARLOTTE/WASHINGTON (Reuters) - Bank of America Corp's <BAC.N> departing chief executive, Kenneth Lewis, will receive no ...
Thu, October 15, 2009
Senate panel votes to bar drug "pay for delay"
WASHINGTON (Reuters) - A Senate panel voted on Thursday to bar drug companies from paying generic drugmakers to delay bringing their cheaper medicines to market ...
Wed, October 14, 2009
Major U.S. firms on route to award record pay in '09: report
(Reuters) - Major U.S. banks and securities firms are on track to pay employees about $140 billion in total compensation and benefits this year ...
Fri, October 09, 2009
Pay czar fingerprints on Citi move to sell Phibro
By Steve Eder and Karey Wutkowski
NEW YORK/WASHINGTON (Reuters) - The U.S. government's "pay czar" played a critical role in Citigroup's ...
Thu, October 08, 2009
Pay czar urged to stop BofA CEO pension
By Karey Wutkowski and Joe Rauch
WASHINGTON/ NEW YORK (Reuters) - A top U.S. labor group on Thursday asked the Obama administration's "pay ...
Wed, October 07, 2009
Top aide to ex-New York Gov Spitzer to pay $10,000 fine
NEW YORK (Reuters) - A top aide to former New York Democratic Governor Eliot Spitzer was hit with a $10,000 civil fine for smearing ...
Tue, October 06, 2009
Pay czar looking to rework employee pay packages: report
(Reuters) - The Obama administration's pay czar plans to cut the cash salaries of the top employees at seven firms that have received large ...
Mon, October 05, 2009
Consumers to pay lower winter natural gas bills: AGA
By Tom Doggett
WASHINGTON (Reuters) - U.S. consumers are expected to pay lower natural gas bills this winter compared with last year due to ...
Sat, October 03, 2009
Polanski agreed to pay victim $500,000: report
SAN FRANCISCO (Reuters) - Film director Roman Polanski agreed to pay the victim in his sex crime case at least $500,000 as part of ...
Wed, September 30, 2009
Pay or be blamed for son's death, Travolta told
By Neil Hartnell
NASSAU (Reuters) - Actor John Travolta testified in a Bahamian extortion trial on Wednesday that he was told that unless he paid ...
Wed, September 30, 2009
U.S. pay czar Feinberg expecting heat for rulings
By Karen Pierog and Steve Eder
CHICAGO/NEW YORK (Reuters) - The Obama administration's pay czar joked Wednesday that he might have to move ...
Tue, September 29, 2009
Boston Sci to pay J&J $716 million to settle suits
NEW YORK (Reuters) - Boston Scientific Corp <BSX.N> will pay Johnson & Johnson <JNJ.N> $716 million to settle more than a dozen patent dispute ...
Tue, September 29, 2009
Microsoft CEO takes pay cut after rough year
SEATTLE (Reuters) - Microsoft Corp paid its chief executive Steve Ballmer 5.5 percent less for the last fiscal year as the world's biggest ...
Tue, September 29, 2009
Sears to pay record $6.2 million to settle bias case
By Jonathan Stempel
NEW YORK (Reuters) - Sears Holdings Corp agreed to pay a record $6.2 million to settle a lawsuit by the U ...
Tue, September 29, 2009
BNP Paribas hikes capital, to pay back state early
By Marcel Michelson
PARIS (Reuters) - BNP Paribas <BNPP.PA>, France's biggest bank by market capitalization, on Tuesday joined the rush to pay back ...
Fri, September 25, 2009
Rossellini ponders how to make online video pay
By Ilaria Polleschi
MILAN (Reuters) - The Internet is the future for experimental film-making, but the time has come to make online video art profitable ...
Fri, September 25, 2009
Rossellini ponders how to make online video pay
By Ilaria Polleschi
MILAN (Reuters Life!) - The Internet is the future for experimental film-making, but the time has come to make online video art ...
Fri, September 25, 2009
U.S. "pay czar" Feinberg using formulas, not caps
By Steve Eder
NEW YORK (Reuters) - President Barack Obama's "pay czar" said on Friday he was using formulas and data analysis to determine ...
Thu, September 24, 2009
Banker pay curbs, clawbacks sought at G20 summit
By Kevin Drawbaugh and David Ljunggren
PITTSBURGH (Reuters) - World leaders at the G20 meeting on Thursday closed in on a statement urging new restraints ...
Fri, September 18, 2009
Microsoft lets shareholders vote on executive pay
NEW YORK (Reuters) - Microsoft Corp <MSFT.O> has approved a proposal to allow shareholders to vote on its executives' compensation, as U.S. corporations ...
Fri, September 18, 2009
Fed eyes new bank pay rules to fight risk
By Alister Bull
WASHINGTON (Reuters) - The Federal Reserve plans new rules on bank pay to curb the type of excessive risk-taking that sparked the ...
Fri, September 18, 2009
Fed to screen U.S. bank pay policies: report
(Reuters) - Pay policies for bank employees across the United States would require approval from the U.S. Federal Reserve as part of a proposal ...
Thu, September 17, 2009
Citigroup CEO says $100 million annual pay is too much
By Dan Wilchins
NEW YORK (Reuters) - Citigroup <C.N> Chief Executive Vikram Pandit said on Thursday that $100 million is too much for an ...
Thu, September 17, 2009
Google CEO questions Murdoch's online pay plan
CAMBRIDGE, England (Reuters) - Publishers of general news would find it hard to charge for their content online because too much free content is available ...
Thu, September 17, 2009
U.S. federal judge quits; cites flat pay, 7 children
NEW YORK (Reuters) - A federal judge in California is resigning to go into private practice, saying his salary is too low to let him ...
Wed, September 16, 2009
Citi to pay back U.S. when recovery more evident
NEW YORK (Reuters) - Citigroup Inc <C.N> plans to pay back $20 billion it owes the government when the bank sees more concrete signs ...
Wed, September 16, 2009
For director Jason Reitman, risky films pay off
By Bob Tourtellotte
TORONTO (Reuters) - They say on Wall Street that big risks pay big dividends, and the same can be said of the ...
Tue, September 15, 2009
Irish greats pay tribute to tragic fighter
DUBLIN (Reuters) - Irish boxing figures paid tribute on Tuesday to Olympic medalist Darren Sutherland who was found dead at his London home.
The 27-year ...
Thu, September 10, 2009
U.S. Medicare may pay for HIV testing
By Susan Heavey
WASHINGTON (Reuters) - Americans enrolled in the Medicare health insurance program would be able to get screened for HIV under a draft ...
Wed, September 09, 2009
U.S. Medicare may pay for HIV testing
By Susan Heavey
WASHINGTON (Reuters) - Americans enrolled in the Medicare health insurance program would be able to get screened for HIV under a draft ...
Wed, September 09, 2009
Goldman boss says anger over pay justified
By Edward Taylor
FRANKFURT (Reuters) - The head of U.S. bank Goldman Sachs said on Wednesday that anger over bankers' pay was "understandable and ...
Tue, September 08, 2009
HSBC, Buffett should pay biggest bonus: consultant
By Martin de Sa'Pinto
ZURICH (Reuters) - Global banking giant HSBC <HSBA.L> and Warren Buffett's Berkshire Hathaway <BRKa.N> should be paying ...
Wed, September 02, 2009
Pakistan to pay for lawyers of Qaeda suspect in US
By Christine Kearney
NEW YORK (Reuters) - A U.S.-trained Pakistani neuroscientist who faces trial for the attempted murder of U.S. interrogators in ...
Wed, September 02, 2009
Pfizer to pay $2.3 billion, agrees to criminal plea
By Ransdell Pierson and Jeremy Pelofsky
NEW YORK/WASHINGTON (Reuters) - Pfizer Inc agreed on Wednesday to plead guilty to a U.S. criminal charge ...
Wed, September 02, 2009
Pfizer to pay $2.3 billion, agrees to criminal plea
By Ransdell Pierson and Jeremy Pelofsky
NEW YORK/WASHINGTON (Reuters) - Pfizer Inc agreed on Wednesday to plead guilty to a U.S. criminal charge ...
Tue, September 01, 2009
U.S. health experts urge insurance, pay changes
By Susan Heavey
WASHINGTON (Reuters) - U.S. lawmakers returning next week to work on major healthcare legislation need to focus on insurance market reforms ...
Tue, September 01, 2009
Cash-poor Philly borrows $275 million to pay vendors
By Jon Hurdle
PHILADELPHIA (Reuters) - Philadelphia will take out a $275 million short-term loan from JPMorgan Chase to pay vendors that have gone without ...
Mon, August 31, 2009
U.S. pay czar starts review of TARP firms' proposals
By Karey Wutkowski
WASHINGTON (Reuters) - The U.S. pay czar has begun reviewing the appropriateness of the richest pay packages proposed by firms that ...
Mon, August 31, 2009
SEC warns on broker-dealer pay incentives
WASHINGTON (Reuters) - U.S. regulators warned broker-dealer firms about creating incentives that may lead their brokers to engage in questionable conduct such as recommending ...
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