$56 Billion Pay Deal
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Uber and Lyft Driver Pay Deal Approved in Minnesota
The state legislature ends the rideshare companies' high-stakes game of chicken and signs off on a package that will raise driver pay and keep the companies from leaving Minneapolis.Inc. - Business -
UK government set to pay billions to victims in blood scandal
Compensation expected to be announced after conclusion of seven-year public inquiry on MondayFinancial Times - Business - United Kingdom -
Genesis to pay $2 billion to victims of alleged cryptocurrency fraud
New York prosecutors allege that bankrupt crypto lender Genesis hid more than $1 billion in losses.CBS News - Top stories -
Amazon, Meta back Scale AI in $1 billion funding deal that values firm at $14 billion
Scale AI has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation.CNBC - Business -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
DFL leaders, Gov. Tim Walz say they have a deal to pay drivers more, keep Uber and Lyft operating in Minnesota after threats to exit
Lawmakers on Saturday night came to a last minute deal to keep the rideshare companies, Uber and Lyft, in the state.CBS News - Top stories -
Saying goodbye to season 56 — and to a man who made 60 Minutes better for 35 years
Tonight, 60 Minutes says thank you to Frank Devine: a senior producer who's retiring after making our show better for 35 years. And thank you to viewers for watching our 56th season.CBS News - Top stories -
Who pays for long-term care?
People are confused and overestimate Medicare’s role in paying for long-term careMarketWatch - Business -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
Trump pays close attention to Cohen cross-examination
Former President Donald Trump appears attentive in court as his defense team questions his former attorney Michael Cohen. Cohen already testified against Trump in the "hush money" criminal trial in New York. CBS News' Errol Barnett and Katrina ...CBS News - Top stories - Donald Trump -
Linklaters raises junior lawyer pay to £150,000
‘Magic circle’ firm matches Freshfields’ recent move as talent war heats upFinancial Times - Business -
Three Illinois cities will pay you thousands to move there
At least three cities in Illinois are offering to pay people thousands of dollars to move there. Under certain conditions, of course.The Hill - Politics -
'I will be paying my mortgage until I’m 68'
With more young homebuyers opting for ultra-long mortgages, we hear from people about their personal experiences.BBC News - Top stories -
Water investors have withdrawn billions, says research
A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.BBC News - Top stories -
AstraZeneca Plans $1.5 Billion Manufacturing Facility In Singapore
The Anglo-Swedish pharmaceutical giant plans to build a $1.5 billion manufacturing facility in Singapore to boost its global supply of cancer-killing treatments.The Wall Street Journal - World -
We're Spending Billions on This Work-From-Home Indulgence
Without the boss nearby, who can resist placing that Amazon order?The Wall Street Journal - World -
Peloton Interactive Gets $1.4 Billion In Fresh Credit
The company will enter a $1 billion five-year term loan facility and a $100 million five-year revolving credit facility.The Wall Street Journal - World -
AstraZeneca Targets $80 Billion Revenue by 2030
AstraZeneca has set out a new revenue target as it aims to bolster its investment in technologies and platforms, and said it would develop 20 new medicines throughout the next six years.The Wall Street Journal - World -
'Time is of the essence': £210,000 interim infected blood payment announced
Some 30,000 NHS patients were infected with hepatitis and HIV - the compensation could hit £10bn in total.BBC News - Top stories -
Why Sushi Chefs Pay Up to $20,000 for These Stainless Steel Knives
Crafting sushi knives is a 600-year-old tradition in parts of Japan, but they’ve rarely been made of stainless steel. Here’s how one knifemaker broke the mold and found cult status among top sushi chefs.The Wall Street Journal - World -
A Legal Scholar Critiqued Elon Musk's Pay. Now He's Out of a Job.
Tesla threatened to fire a law firm over Charles Elson’s objections to the CEO’s proposed pay package, an email suggests.The Wall Street Journal - Business -
Water company boss defends multi-million pay packet
The water firm made 60,000 sewage spills last year but insists river quality is improving.BBC News - Top stories -
FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs
Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.The New York Times - Business -
Paying more is ‘not viable’: new visa rules hit foreign graduate recruitment
International students have had UK job offers rescinded after visa changes made hiring them too expensiveFinancial Times - Business -
Voters want to tax outrageous CEO pay. Are lawmakers listening?
A new poll reinforces my informal findings: Americans across the political spectrum are fed up with overpaid CEOs — and want something done about it.The Hill - Politics -
The furniture industry’s recovery relies on customers getting used to paying more
Here’s what the furniture industry is counting on to power its upswing.MarketWatch - Business -
California district to pay $360K to teacher fired for not following transgender policies
A California school district settled a 2023 lawsuit from a former teacher who refused to adhere to the district’s gender identity-related policies.NBC News - Top stories - California -
Musk Effect Drives Spread of Supersize CEO Pay Packages
Elon Musk didn’t just upend the global auto business and space missions. The billionaire is also reshaping the landscape of executive pay.The Wall Street Journal - World - Elon Musk -
Why US law firms outgun City rivals in battle over pay
Rates for newly qualified lawyers have become a proxy for firm qualityFinancial Times - Business -
Uber, Lyft vow to stay in Minnesota after pay compromise passes Legislature
Ride-hailing companies Uber and Lyft announced they will continue operating in Minnesota after the state Legislature passed a compromise driver compensation bill Sunday, overriding a Minneapolis city measure to which the companies objected. The ...The Hill - Politics -
4 dangers of not paying off your credit card debt
Skipping credit card payments may give you some relief when money is tight, but the repercussions can be serious.CBS News - Top stories -
XDefiant Won't Have "Pay-To-Win Mechanics," Ubisoft Says
Ubisoft's upcoming tactical shooter XDefiant is set to launch this week, and the publisher detailed the game's "in-game purchase philosophy" in a recent blog post. Most notably, the post says that XDefiant will allow players to unlock all ...GameSpot - Tech -
Tesla Shareholder Group Calls for Vote Against Musk Pay Package
The letter calls for shareholders to reject the re-election of two directors, Kimbal Musk and James Murdoch.The Wall Street Journal - World - Tesla -
Elon Musk’s Tesla pay package assailed by shareholder group
New York City’s investment chief and other key investors are urging Tesla Inc. shareholders to vote against Chief Executive Elon Musk’s $56 billion pay package and the reelection of board directors Kimbal Musk and James Murdoch.MarketWatch - Business - Tesla -
Missouri senators, not taxpayers, will pay potential damages in Chiefs rally shooting case
Missouri lawmakers will have to pay out of their own pockets if they lose defamation cases for falsely accusing a man of being one of the Kansas City Chiefs parade shooters and an immigrant in the country illegallyABC News - Sports -
Americans must pay higher taxes if they want to keep a high standard of living
Financial challenges face the next U.S. president — but one candidate’s remedies would be a ‘train wreck.’MarketWatch - Business -
Water firm could pay out up to £3.5m compensation
South West Water's owner Pennon has announced shareholder dividends which a Devon MP has called "tin-eared".BBC News - Top stories -
Hospital to Union: Pay Up or You're Stuck With Us in Your Health Plan
The 32BJ Health Fund sought to exclude NewYork-Presbyterian hospitals from its health network to control spending. But the hospital system wouldn’t walk away without a hefty sum.The Wall Street Journal - World -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business