Latest in Disney CEO Bob Iger's pay package for 2024 jumps to $41 million
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Disney CEO Bob Iger's pay package for 2024 jumps to $41 million
Walt Disney Co. Chief Executive Bob Iger was paid $41 million last year, up from the $31 million he made in 2023. Iger has long ranked among the highest paid media CEOs.Los Angeles Times - 11h -
Barclays plans overhaul of CEO Venkatakrishnan’s pay
Boss of UK bank would have base salary slashed and total remuneration capped at £14mnFinancial Times - 15h -
Retail crime 'queenpin' to pay millions in restitution to retailers for theft ring
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to ...NBC News - 1d -
Retail crime 'queenpin' to pay millions in restitution to Ulta, other retailers for theft ring
Michelle Mack was accused of running a sprawling retail crime ring that targeted Ulta and Sephora stores across the country and will spend five years in prison.CNBC - 1d -
Drug traffickers nabbed by photo of French Bulldog must pay $1.4 million
Investigators used an intercepted photo of Bob the French Bulldog to track down an organized crime group.CBS News - 2d -
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it.NBC News - 2d -
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
Brian Moynihan was asked by CNBC's Andrew Ross Sorkin about how the industry's approach to crypto could change given President Donald Trump's enthusiasm.CNBC - 2d -
Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations
Perdue Farms and JBS have settled with the Labor Department after relying on migrant children to do dangerous work in their slaughterhouses. Most of the money will be used to help the children.The New York Times - 6d -
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.The New York Times - 6d -
Goldman CEO Signs on for 5 More Years, Gets $80 Million Bonus
The Goldman bonus vests in five years as part of a retention effort.Inc. - 6d -
CNN Settles Defamation Suit After Being Ordered to Pay $5 Million
The case, which involved a 2021 segment about a private security contractor in Afghanistan, played out as media organizations face more legal and political pressures.The New York Times - 6d -
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.CNBC - 6d -
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Digital Currency Group, the crypto firm founded by Barry Silbert, is paying the SEC $38.5 million for misleading investors.CNBC - 6d -
Vanguard to Pay $106.4 Million to Resolve Alleged Violations Linked to Retirement Funds
The SEC said a lack of notifications by Vanguard drove higher capital gains tax bills for many retail investors.The Wall Street Journal - 6d -
CNN Ordered to Pay at Least $5 Million for Defaming Security Contractor
The jury decision came after a two-week trial where lawyers for the contractor argued that the network had falsely accused him of illegal activity.The New York Times - 6d -
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.CNBC - Jan. 16 -
Bob Uecker dies at 90: J.J. Watt, Cleveland Guardians and more MLB teams pay tribute to iconic broadcaster
Uecker has received tributes from across the sports worldCBS Sports - Jan. 16 -
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.The New York Times - Jan. 16 -
Disney wins the 2024 box office as year-end receipts offer a welcome boost
Full-year ticket sales were down just 3.4% from 2023, reaching $8.74 billion, a far cry from the nearly 27% shortage seen at the midway point of 2024.CNBC - Jan. 15 -
Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million
The complaint accuses the company of underpaying female, Black and Hispanic employees compared with their male and white counterparts.The New York Times - Jan. 14 -
Robinhood to Pay $45 Million Fine to Settle SEC Charges
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.The New York Times - Jan. 14 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
Behind Miami's multi-million-dollar push for QB Carson Beck, who lands a top-tier NIL package to transfer
Beck's deal is less than his believed initial asking price but still among the highest-paid players in college footballCBS Sports - Jan. 11 -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - Jan. 10 -
Vince McMahon will pay $1.7 million to settle SEC allegations over hush money agreements
Former WWE impresario Vince McMahon agrees to settle allegations by the SEC that he paid millions in hush money to two women without telling his board.Los Angeles Times - Jan. 10 -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
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Disney says about 157 million global users are streaming content with ads
Disney announced Wednesday it has about 157 million global monthly active users viewing its ad-supported streaming content across Disney+, Hulu and ESPN+.CNBC - Jan. 8 -
Disney, Fubo reach merger agreement
Disney and Fubo have reached an agreement to merge, the companies announced Monday, signaling a victory for the entertainment giant in the world of sports streaming. Fubo, a platform that offers a ...The Hill - Jan. 6 -
Sushi chain pays $1.3 million for motorcycle-sized tuna at Tokyo auction
A bluefin tuna sold for more than $1.3 million at an annual fish auction in Tokyo, in what organizers said was the second-highest bid since the event began in 1999.NBC News - Jan. 6 -
Apple to pay $95 million to settle lawsuit accusing Siri of eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices.NBC News - Jan. 3 -
Booz Allen Hamilton to Pay $15.9 Million in False Claims Settlement
Booz Allen Hamilton Holding agreed to a $15.9 million settlement with the Justice Department on Friday, resolving allegations the company submitted fraudulent claims to the U.S. under military task ...The Wall Street Journal - Jan. 3 -
Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.CBS News - Jan. 2 -
Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devicesABC News - Jan. 2 -
Apple Agrees to Pay $95 Million to Settle Lawsuit Over Recordings Tied to Siri
The class-action lawsuit alleged the company obtained private communications and shared them with third parties without consent through Siri.The Wall Street Journal - Jan. 2
