Simon Jenkins: George Osborne should abandon the tribal morality of austerity and, like Japan, print money not for banks but for people Original post on guardian.co.uk Comments on reddit.com
Vatican employees won’t receive the special bonus they are traditionally awarded when a new pope is elected, the Vatican confirmed on Thursday (April 18), under orders from Pope Francis to give extra money to charity instead. Original post on washingtonpost.com Comments on reddit.com
Retired coal miners are fighting to keep their health benefits after Patriot Coal of St. Louis asked a bankruptcy-court judge to halt benefits for about 10,000 retired miners and 13,000 dependents. Original post on wsj.com Comments on reddit.com
BRUSSELS (Reuters) – European Union lawmakers are expected to agree on Wednesday to bar bankers in Europe from getting bonuses bigger than their salary, introducing the first cap of its kind globally.One Original post on reuters.com Comments on reddit.com
In a bid to address widespread public outrage over greed in the financial sector, European officials have agreed to legislation capping bankers’ bonuses at a maximum of a year’s salary. Great Britain fought to prevent the measure, but failed to rally enough support. Original post on spiegel.de Comments on reddit.com
Oliver Stallwood: Activists in Berlin are teaming up to trash surveillance cameras. Points are given, with bonus scores for the most innovative modes of destruction Original post on guardian.co.uk Comments on reddit.com
Following the lead of other studios like Fox with its Digital HD push, Disney has announced its first movie that customers will be able to buy on Original post on engadget.com Comments on reddit.com
Employees at book publisher Random House are getting a little something extra in their fishnet Christmas stockings this year, a $5,000 bonus. The bonus, which will be the same for top editors as their secretaries, follows a particularly good year for the publishing house in large part from the success of the erotic hit Original post on abcnews.go.com Comments on reddit.com
A federal bankruptcy judge finalized the liquidation of Hostess Brands on Thursday and approved a bonus plan for senior executives involved in the wind-down of the company. Original post on cnn.com Comments on reddit.com
After last-ditch mediation at Hostess fails, closing appears certain for maker of Twinkies and Wonder Bread. Original post on cnn.com Comments on reddit.com
Hostess Brands, the maker of sweet snacks like Twinkies that filed for Chapter 11 bankruptcy protection last week, will ask a bankruptcy judge today to approve a plan that will allow it to pay $1.75 million in bonuses to 19 of its executives. Hostess’ decision to file for bankruptcy came amid disputes with its union [...] Original post on thinkprogress.org Comments on reddit.com
In 2008, Focus on the Family penned (pdf) a “Letter From 2012 in Obama’s America.” Fred Clarke scores their predictions: Focus on the Family made 34 specific, detailed predictions about what would happen in “Obama’s America.” They came up 0-for-34…. Original post on thedailybeast.com Comments on reddit.com
Last night, Jon Stewart dedicated the entire opening of The Daily Show to the Chick-fil-A controversy. He ended the segment by concluding that the end result might be a win-win: STEWART: For people who are gay or support gay marriage, I get how seeing thousands of people come out to make this statement is incredibly [...] Original post on thinkprogress.org Comments on reddit.com
Lenovo, if you haven’t heard, has been having a great year. In late March, the company announced that it had secured the #2 spot in worldwide PC sales, leaping up the charts to land just below HP. This achievement netted the company’s CEO, Yang Yuanqing, a nifty $3 million bonus. Rather than pocketing the cash for himself, Yang decided to… Original post on hothardware.com Comments on reddit.com
10,000 workers get generous bonus from Lenovo CEO Yang Yuanqing Original post on dailytech.com Comments on reddit.com
The list of CEOs and other execs in the US that have accepted multi-million dollar bonuses for lording over the crash and burn of a company (or even an Original post on engadget.com Comments on reddit.com
Midyear survey reveals that IT salaries and hiring are slowly rising as companies gradually bring more operations in-house Original post on infoworld.com Comments on reddit.com
Another one bites the dust. The Royal Bank of Scotland is about to be fined 233 million 150 million pounds for its role in the Libor-rigging scandal. Original post on rollingstone.com Comments on reddit.com
Owning pets can be one of the most satisfying, rewarding experiences life has to offer. But to some people, owning a boring dog or been-there-done-that cat Original post on egotvonline.com Comments on digg.com
As financial firms prepare to report fourth-quarter results and make final bonus decisions for 2011, total compensation is likely to be the lowest since 2008, when the financial crisis destroyed some firms and left many survivors on government life support. More
Independent business news. Breaking UK business news from your daily comprehensive news source, the Independent Newspaper. More
