• Coronavirus to shrink Wall Street bonuses as much as 30 percent

    Coronavirus to shrink Wall Street bonuses as much as 30 percent

    Wall Street bonuses for 2020 could fall by as much as 25 percent to 30 percent due to the deep cuts to revenues recorded by banks and hedge funds earlier this year as a result of the novel coronavirus, according to a report published Wednesday by compensation consulting firm Johnson Associates. While most compensation is …
  • Alec Baldwin returns as President Trump drinking Clorox in ‘SNL’ opener

    Alec Baldwin returns as President Trump drinking Clorox in ‘SNL’ opener

    Alec Baldwin returned as President Trump for the season finale of “Saturday Night Live” — chugging Clorox while giving a college commencement speech by Zoom. In the cold open, Baldwin’s Trump was told he was the eighth pick for the graduates’ speech, with preferred options Axl Rose, murder hornets and even X Æ A-12, Elon …
  • Watch: Did Kirsten Wiig announce she’s pregnant in cryptic ‘SNL’ appearance?

    Watch: Did Kirsten Wiig announce she’s pregnant in cryptic ‘SNL’ appearance?

    Kristen Wiig made a big return to host Saturday Night Live‘s Mother’s Day ‘At Home’ episode – flashing her (pixelated) breasts and bizarrely thanking her own mom for “preparing me to be a mom myself.” The comic and former cast member, 46, who doesn’t have kids, closed the season by talking about her mom Laurie …
  • ‘SNL’ sets Season 45 finale with third ‘At Home’ virtual episode

    ‘SNL’ sets Season 45 finale with third ‘At Home’ virtual episode

    “Saturday Night Live” will wrap its truncated, coronavirus-addled 45th season this weekend, NBC has confirmed. This will mark the show’s third “At Home”-themed edition. The inaugural “SNL at Home” in early April averaged 6.7 million total viewers and a 1.46 rating, placing second for the season behind Eddie Murphy’s Dec. 21 hosting turn (which drew just …
  • NBCUniversal cuts executive pay after Andy Lack’s surprise ouster

    NBCUniversal cuts executive pay after Andy Lack’s surprise ouster

    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, …
  • Tesla stock rise triggers $700 million payday for Elon Musk

    Tesla stock rise triggers $700 million payday for Elon Musk

    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, …
  • Goldman Sachs votes to pay CEO David Solomon $24.7M

    Goldman Sachs votes to pay CEO David Solomon $24.7M

    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 …
  • Elon Musk poised to bag $750M as Tesla workers face furloughs

    Elon Musk poised to bag $750M as Tesla workers face furloughs

    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 …
  • Dr. Fauci praises Brad Pitt’s ‘classy’ impersonation of him on ‘SNL’

    Dr. Fauci praises Brad Pitt’s ‘classy’ impersonation of him on ‘SNL’

    Dr. Anthony Fauci gave high marks to Brad Pitt for his portrayal of the infectious disease expert on “Saturday Night Live At Home,” according to a report. “I think he did great. I’m a great fan of Brad Pitt, and that’s the reason why when people ask me who I would like to play me, …
  • GM boss Mary Barra’s $21.6M salary last year was actually a pay cut

    GM boss Mary Barra’s $21.6M salary last year was actually a pay cut

    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 …