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Ford CEO's pay falls to $20.95 million in 2012
DEARBORN, Michigan (AP) — Ford Motor Co. CEO Alan Mulally's compensation fell 29 percent to $20.95 million in 2012 as the company's board weighed record North American profits and quality improvements against heavy losses in Europe and lower...
Tags: Corporate Performance, Economy, Business and Finance, Ford Motor Co., Companies and Corporations, Earnings
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Senate votes to slow closing of U.S. Postal Service facilities -- could have local impact
WASHINGTON (AP) — The Senate offered a lifeline to the nearly bankrupt U.S. Postal Service on Wednesday, voting to give the struggling agency an $11 billion cash infusion while delaying controversial decisions on closing post offices and ending...
Tags: Harry Reid, Washington, DC, Mail Order Industry, Economy, Business and Finance, Joe Lieberman
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Minimum Wage Hike Would Give Women A Needed Boost
Recently, the Appropriations Committee of the Connecticut General Assembly took a strong step toward growing and strengthening the wages of Connecticut's lowest-wage earners by voting to increase the state's minimum wage. In doing so, the committee also...Tags: Career and Workplace, Labor Legislation, Politics, New Haven (New Haven, Connecticut), Killingly
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Aetna Shareholders Vote Down Measures To Change Board Leadership, Further Disclose Political Spending
The Hartford CourantA few Aetna Inc. shareholders took the health insurer to task Friday morning during an annual meeting in Tampa, Fla., over the way it structures its board leadership, how it discloses political spending and the manner in which it ran the annual meeting....Tags: Tampa, Corporate Officers, Economy, Business and Finance, Aetna Inc., Politics
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Prospects improve for UK sale of Lloyds bank stake
ReutersEDINBURGH (Reuters) - Britain's largest retail bank Lloyds expects to return to profit this year, increasing the government's chances of selling its stake before the next general election in 2015. Prime Minister David Cameron is keen to show that...Tags: Lehman Brothers Holdings Inc., Government, Economy, Business and Finance, United Kingdom, David Cameron
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Prudential pay plans prompt shareholder dissent
ReutersLONDON (Reuters) - A significant minority of investors at Insurer Prudential voted against Chief Executive Tidjane Thiam's 2012 pay deal on Thursday, delivering a rebuke to leadership already under fire for their handling of a failed Asian takeover....Tags: Economy, Business and Finance, United Kingdom, Politics, Companies and Corporations, Elections
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Elan says Royalty wanted to take it private before Tysabri deal
ReutersDUBLIN, May 15 (Reuters) - Royalty Pharma last year urged Elan to hold off on a multi-billion dollar drug deal until it had taken the Irish drugmaker private to boost the compensation the firms' executives would receive, Elan said on Wednesday. Royalty...Tags: Biogen Idec Incorporated, Theravance Incorporated, GlaxoSmithKline PLC, Economy, Business and Finance, Companies and Corporations
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Acquisitions benefiting shareholders, PPL CEO says
Recent acquisitions are driving up the price of PPL Corp. stock, CEO William Spence said Wednesday at the Allentown company's annual shareholders' meeting. "Investors have noticed that we are delivering on our promise," Spence said. "Our stock price...Tags: Corporate Officers, Economy, Business and Finance, Mergers, Acquisitions and Takeovers, Allentown, Companies and Corporations
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Ford tells shareholders to be patient about stock price
ReutersBy Tom Hals WILMINGTON, Del., May 9 (Reuters) - The executive chairman of Ford Motor Co asked for patience from investors who pressed him about the company's languishing stock price at the automaker's annual meeting on Thursday. Despite 15 straight...Tags: Corporate Officers, Economy, Business and Finance, Prices, Ford Motor Co., Manufacturing and Engineering
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RBS says will take 18 months to plug capital gap
ReutersEDINBURGH (Reuters) - Royal Bank of Scotland said on Tuesday it would need another 18 months to strengthen its capital position enough to satisfy regulators. Regulatory approval for the state-backed bank's capital levels is considered crucial for...Tags: Economy, Business and Finance, Financial Markets, Finance, Annual and Special Corporate Meetings
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PRESS DIGEST - Financial Times - May 14
ReutersMay 14 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Bloomberg users' messages leaked online () Glass Lewis hits out at Goldman pay plan...Tags: Petroleo Brasileiro SA, Economy, Business and Finance, Interior Policy, Pension and Welfare, David Cameron
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SocGen CEO's 2012 bonus rises 75 percent
ReutersPARIS (Reuters) - Societe Generale Chief Executive Frederic Oudea's bonus rose 75 percent last year to 1.2 million euros ($1.56 million), even as France's No. 2 bank moved to cut costs and sell assets. The disclosure follows a rise in pay for Jean-...Tags: BNP Paribas, Corporate Officers, Deutsche Bank AG, France
Mar 15, 2013
|Story| WSBT-TV
Apr 25, 2012
|Story| WSBT-TV
May 17, 2013
|Story| Hartford Courant
May 17, 2013
|Story| Hartford Courant
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 15, 2013
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May 15, 2013
|Story| Allentown Morning Call
May 9, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
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