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NBCUniversal is slashing salaries because of the coronavirus, a day after the broadcasting giant’s surprise ouster of NBC News chairman Andy Lack. In response to the financial fallout from the coronavirus pandemic, NBCU is cutting the pay of its senior management by 20 percent and rolling back pay increases for employees making more than $100,000, …
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Tesla’s meteoric stock growth on Monday qualified CEO Elon Musk for a $700 million payday, just three days after he tweeted that the share price was “too high.” The electric automaker’s 8 percent spike on Monday brought the company’s stock market value to an average of more than $100 billion over the past six months, …
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The Post’s league-wide NFL rankings have been shaken up by the NFL Draft, and the defending-champion Kansas City Chiefs have been dethroned. Tom Brady and the Tampa Bay Buccaneers continue their rise, while Bill Belichick and the New England Patriots continue their slide. There is a Core Four of teams at the top, followed by …
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Goldman Sachs shareholders approved CEO David Solomon’s $24.7 million pay day on Thursday despite calls for it to be voted down in light of the COVID-19 pandemic. Seventy-one percent of shareholders OK’d the 2019 compensation package, down from 91 percent the year earlier, Goldman announced at its annual shareholder meeting. The 58-year-old chief executive’s pay …
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Elon Musk is speeding toward a $750 million payday — even as Tesla employees are getting slammed by pay cuts and hundreds of hourly workers are furloughed. After getting hit by factory closures that the coronavirus epidemic mandated, Tesla shares have lately been making a comeback, with investors hoping for news that its plant in …
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General Motors CEO Mary Barra received a compensation package worth $21.6 million in 2019, 1.1 percent less than the previous year, according to the US automaker’s proxy statement released on Monday. Barra’s pay package included a salary of $2.1 million, stock awards worth $12.14 million, options worth more than $3.5 million and a performance award …
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They may be crazy but they’re not stupid. Controversial rap duo Insane Clown Posse showed they aren’t clowning around when it comes to the coronavirus epidemic — as they canceled their wild yearly fan festival called the Gathering of the Juggalos. “Bottom line is simply that we REFUSE to risk even ONE Juggalo life by …
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Streaming giant Netflix gave its top brass a hefty pay day in 2019. Netflix founder and chief executive Reed Hastings saw his compensation jump 7 percent to $38.6 million last year, versus pay of $36.1 million in 2018, according to a regulatory filing Wednesday. Hastings’ No. 2, Ted Sarandos, the company’s chief content officer, got …
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Democrat Laura Kelly talks to her supporters after winning the governor’s race at her election night party in Topeka, Kansas, November 6, 2018. A federal judge on Saturday blocked Kansas governor Laura Kelly’s executive order banning religious gatherings of over ten people, allowing churches and other institutions to congregate as long as worshippers maintain social …
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Former National Security Agency contractor Edward Snowden applied to extend his residence permit in Russia for another three years, according to Russian state media. “Yes, recently we submitted documents for extending the residence permit for three more years. We hope the decision will be positive,” Snowden’s lawyer Anatoly Kucherena said Thursday. Kucherena said the possibility …