Latest in Company Pay Million
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McKinsey to Pay $650 Million in Opioid Settlement With Justice Department
A former senior partner will also plead guilty to obstruction of justice after destroying company documents.The New York Times - 2h -
Florida woman arrested for copycat insurance company threat
A Florida woman is being accused of threatening an insurance company, an apparent copycat attempt replicating points of the UnitedHealthcare CEO killing. CBS News' Manuel Bojorquez reports.CBS News - 4h -
McKinsey & Company agrees to pay $650M for helping Purdue Pharma boost opioid sales
McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in VirginiaABC News - 4h -
McKinsey & Company to pay $650 million to settle opioid consulting probe, ex-partner to plead guilty
The Department of Justice had investigated McKinsey & Company for its consulting work with Purdue Pharma, the prescription opioid maker.CNBC - 8h -
McKinsey & Company agrees to pay $650 million to settle US investigation into opioids work, court papers say
McKinsey & Company agrees to pay $650 million to settle US investigation into opioids work, court papers sayABC News - 9h -
Buy now, pay later company Affirm strikes $4 billion loan deal with private credit firm Sixth Street
Affirm Holdings is getting its largest-ever capital commitment with a new partnership from private credit firm Sixth Street.CNBC - 10h -
BuzzFeed Strikes Deal to Sell ‘Hot Ones’ Company for $82.5 Million
The sale, to a group that includes the show’s host, Sean Evans, and Soros Fund Management, will allow BuzzFeed to pay down tens of millions of dollars in debt.The New York Times - 1d -
Meta and Amazon donations of $1 million to Trump’s inauguration follow a history of companies cozying up to incoming presidents
As President-elect Donald Trump prepares for his second term, major U.S. companies are starting to make donations to support his inaugural events — a repeat of what has happened in previous years, ...MarketWatch - 5h -
Looking for a pay raise? These industries have the highest pay changes
Money is on everyone’s minds as the holidays approach. The average American has less cash in their pockets these days thanks to rising costs, exacerbated by the fact that U.S. consumer prices ...The Hill - 10h -
Buy now, pay later company Affirm strikes $4B loan deal with private credit firm Sixth Street
Two trendy areas in finance — fintech and private credit — are coming together in a new multibillion-dollar joint venture.NBC News - 10h -
Amazon founder Jeff Bezos to visit Trump next week after million-dollar donation from company
Amazon founder Jeff Bezos will travel to Mar-a-Lago next week to visit with President-elect Donald Trump after Amazon said Thursday it would donate $1 million to Trump's inaugural fund. CBS News ...CBS News - 10h -
Company or country: Corporate India’s conundrum
Also in this newsletter: Adani Group’s funding fix and the numbers behind the world’s biggest advertising agencyFinancial Times - 23h -
Insurance companies pull back wildfire coverage in California
Increasingly intense wildfires have become more common in California, upending the lives of thousands. Many insurers are dwindling coverage options, leaving several homes in danger. Business ...CBS News - 1d -
It’s high time to make Russia pay
G7’s $50bn loan is no substitute for transferring blocked foreign exchange reserves to UkraineFinancial Times - 1d -
Top Growth Companies With Insider Ownership In December 2024
In a week marked by record highs for major U.S. stock indexes, growth stocks have notably outperformed their value counterparts, driven by strong performances in sectors like consumer discretionary ...Yahoo Sports - 1d -
Australia to introduce ‘news tax’ on tech companies
Move is designed to close loophole after Meta walked away from existing deal to use media contentFinancial Times - 1d -
Australia to charge tech companies for news content if they do not pay
SYDNEY (Reuters) -Australia's centre-left government said on Thursday it planned new rules that would charge big tech firms millions of dollars if they did not pay Australian media companies for ...Yahoo Sports - 1d -
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Government recommends 2.8% pay rise for public sector
Teachers, NHS staff and senior civil servants are among those covered by the proposals.BBC News - 2d -
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These US cities will pay you to move there
These five places will pay you thousands of dollars to move there.The Hill - 3d -
Americans are paying more than ever for health insurance
Consumers are venting frustrations about health insurance in wake of UnitedHealthcare CEO murder. Costs have outpaced inflation for years.CBS News - 4d -
How the New York Mets can justify paying one player $765 million
Earlier this year, Steve Cohen laid out his principles as the owner of the New York Mets, saying it was a “philanthropic” endeavor, in an interview with CNBC’s Andrew Ross Sorkin.NBC News - 4d -
How This Solar Company Pulled in Nearly $850 Million This Year
Solar Landscape envisions a future in which energy from the sun is distributed across industrial sites in American cities to meet rising grid demand.Inc. - 4d -
Employees at This Tech Company Said They Were Stressed. So the Company Fired Them
Are your employees stressed out? This company has the perfect solution: Terminate them.Inc. - 4d -
Civil service reform must tackle pay and promotion
Frozen public sector wages and tax thresholds create unhelpful incentives, leading to recruitment woes on WhitehallFinancial Times - 4d -
What's New in the Rankings of Best-Managed Companies for 2024
The biggest change this year: capturing customer sentiment by counting clicksThe Wall Street Journal - 4d -
Apple Tops the List of Best-Managed Companies of 2024
Tech companies hold six of the top 10 spots, while Mastercard jumped to fifth place from 24th last year.The Wall Street Journal - 4d -
Bogged Down in Ukraine, Russia Pays a Price in Syria
With the fall of President Bashar al-Assad of Syria, Vladimir V. Putin has suffered one of the biggest geopolitical setbacks of his quarter-century in power.The New York Times - 5d -
Who would pay for Trump's promised tariffs? You will!
Trump wants to impose across-the-board tariffs on imported goods from both allies and adversaries, claiming it's other nations who will pay such taxes to the U.S. Treasury. But it's American ...CBS News - 5d -
Quarry developer asks council to pay appeal costs
A firm is hoping to claim money from the local council ahead of a planning decision on an airfield.Yahoo Sports - 6d -
McKinsey to Pay $122 Million to Settle South Africa Bribery Case
The global consultancy was accused of bribing foreign government officials. A former senior partner pleaded guilty to a conspiracy charge.The New York Times - Dec. 5 -
McKinsey unit will pay $123 million to settle claims it bribed South African officials
The scheme to bribe two South African state-controlled companies helped McKinsey and McKinsey Africa net approximately $85 million in profits, the DOJ said.CNBC - Dec. 5 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
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Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3
