Executive compensation

Acting Assistant Attorney General Brian Rabbitt, of the Justice Department's Criminal Division and other officials, speak, Thursday, Oct. 22, 2020, at the Justice Department in Washington. A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. The company, Goldman Sachs Malaysia, entered the plea in federal court in Brooklyn. (Yuri Gripas/The New York Times via AP, Pool)
October 22, 2020 - 4:49 pm
WASHINGTON (AP) — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. In addition, several current and...
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FILE - A Southwest Airlines jet takes off from Love Field in Dallas, Wednesday, June 24, 2020. Southwest Airlines says its workers must take pay cuts or face furloughs next year. CEO Gary Kelly said Monday, Oct. 5, 2020 that Southwest needs to cut spending sharply or risk losing billions of dollars every three months. (AP Photo/Tony Gutierrez)
October 05, 2020 - 8:04 pm
DALLAS (AP) — Southwest Airlines will cut pay for nonunion workers in January and says union workers must also accept less pay or face furloughs next year as the pandemic continues to hammer the airline business. Chairman and CEO Gary Kelly said Monday that unless the federal government gives...
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FILE - Robert Murray, founder and chairman of Cleveland-based Murray Energy Corp., arrives at a news conference at the entrance to the Crandall Canyon Mine, in northwest of Huntington, Utah on Monday, Aug. 20, 2007. A published report says Murray has filed an application with the U.S. Department of Labor for black lung benefits. Ohio Valley ReSource reports the former head of Murray Energy said on the form that he is still board chairman of the company but can no longer serve as president and CEO due to his health. (AP Photo/Jae C. Hong)
October 01, 2020 - 1:08 pm
CHARLESTON, W.Va. (AP) — Former coal CEO Robert E. Murray, who has fought federal regulations on the industry, has filed an application with the U.S. Department of Labor for black lung benefits, according to a published report. West Virginia Public Broadcasting and Ohio Valley ReSource report the...
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August 13, 2020 - 9:33 am
ANCHORAGE, Alaska (AP) — The largest rural airline in Alaska has declared bankruptcy and laid off more than a thousand workers but wants to award $250,000 in bonus money to its chief executive and other employees. Anchorage-based RavnAir Group filed the request Tuesday in Delaware bankruptcy court...
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In this image from a video provided by Mitsubishi Motors Corp., Chief Executive Takao Kato speaks during its shareholders meeting Thursday, June 18, 2020. Mitsubishi Motors told shareholders Thursday that top executives are getting pay cuts to take responsibility for the Japanese automaker’s financial losses. (Mitsubishi Motors Corp. via AP)
June 17, 2020 - 10:26 pm
TOKYO (AP) — Mitsubishi Motors told its shareholders Thursday that its top executives are taking pay cuts to share responsibility for the Japanese automaker’s financial losses. “I hope we can gain your understanding,” Chief Executive Takao Kato said on how, given the harsh conditions, there will be...
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This photo combo shows from left, Lisa Su, president and CEO of AMD, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, General Motors Chairman and Chief Executive Officer Mary Barra, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)
May 27, 2020 - 11:08 am
The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1% last year. For the typical...
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FILE - In this May 1, 2019 photo, Lisa Su, president and CEO of AMD, attends the opening bell at Nasdaq, in New York. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.   (AP Photo/Mark Lennihan, File)
KNSS News
May 27, 2020 - 10:34 am
Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press’ annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company's stock during her five years as CEO. The median pay for women on the list was $...
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Workers pack up in pit lane after the cancellation of the Australian Formula One Grand Prix in Melbourne, Friday, March 13, 2020. The first F1 Grand Prix of the season was canceled two hours before the first official practice was set to start Friday after organizers relented to pressure to call it off amid the spreading coronavirus. (Michael Dodge/AAP Image via AP)
April 08, 2020 - 9:21 am
LONDON (AP) — With nearly half of the season already altered by the coronavirus pandemic, Formula One said Wednesday it will furlough half of its staff until the end of May and senior executives will take pay cuts. F1 called off last month's Australian Grand Prix and has postponed seven more races...
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Major League Soccer Commissioner Don Garber speaks during the Major League Soccer 25th Season kickoff event in New York, Wednesday, Feb. 26, 2020. (AP Photo/Richard Drew)
April 01, 2020 - 7:02 pm
Major League Soccer plans to cut the pay of some executives and front office personnel while the season is on hold because of the coronavirus pandemic, a person with knowledge of the situation told The Associated Press on Wednesday. MLS Commissioner Don Garber and Deputy Commissioners Mark Abbott...
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FILE - This May 23, 2019, file photo shows the logo for the Jefferies Financial Group in New York. Jefferies Financial Group announced Sunday, March 29, 2020, that its chief financial officer, Peregrine C. Broadbent, died Sunday from coronavirus complications. He was 56. (AP Photo/Richard Drew, File)
KNSS News
March 29, 2020 - 4:57 pm
NEW YORK (AP) — The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments this weekend related to the global economy, the work place and the spread of the virus. ______ WALL STREET EXECUTIVE DIES: An executive at New York-based...
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