Bankrupt Toys R Us wants to pay $16 million in executive bonuses Bankrupt Toys R Us wants to pay $16 million in executive bonuses: Toys “R” Us has asked the bankruptcy court for permission to pay $16 million in bonuses to its top executives if the company is able to […]
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Narrow win for Fox shows restlessness with dual class shares Narrow win for Fox shows restlessness with dual class shares: A shareholder proposal calling for Twenty-First Century Fox Inc to scrap its dual-class share structure was rejected on Wednesday, although the measure received significant support among voters outside the controlling […]
Grad Students Would Be Hit By Massive Tax Hike Under House GOP Plan Grad Students Would Be Hit By Massive Tax Hike Under House GOP Plan: There are a lot of anxious graduate students at universities around the country right now. That’s because to help pay for more than $1 […]
Asia stocks subdued as China data disappoints Asia stocks subdued as China data disappoints: Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there. China’s […]
Colin Kaepernick is Citizen of the Year Colin Kaepernick is GQs Citizen of the Year: Colin Kaepernick is one of the faces of GQ’s December issue. The magazine named the former 49ers quarterback its “Citizen of the Year” for starting the protest that became a movement in the NFL. “He’s […]
GE cutting staff ahead of new CEOs Monday overhaul GE cutting staff ahead of new CEOs Monday overhaul: General Electric Co (GE.N) is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery’s expected announcement […]
Rupert Murdoch twice discussed CNN with AT&T CEO Rupert Murdoch twice discussed CNN with AT&T CEO: Rupert Murdoch telephoned AT&T Inc (T.N) Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. Rupert Murdoch telephoned […]
China lifts foreign ownership limits on financial firms China lifts foreign ownership limits on financial firms: The Chinese government on Friday said it will raise foreign ownership limits in domestic financial firms, a long-anticipated step that grants greater access to overseas investors into the Asian giant’s financial services market. The […]
Obamacare enrollment soars in first four days Obamacare enrollment soars in first four days: More than 600,000 people signed up for Obamacare in the first four days of open enrollment, far outpacing last year’s rate. Nearly a quarter were enrolling for the first time, while the rest renewed coverage, according […]
Fox in the Mouse House could give Disney an edge in streaming wars Fox in the Mouse House could give Disney an edge in streaming wars: The two companies reportedly held talks in recent weeks about a potential sale of Fox’s FX and National Geographic channels, its movie studio and […]