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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Feb 09, 2016

Page

11

Sundar Pichai tops Google pay with 650 million stake

Sundar Pichai earned a total stake valued at about 650 million dollars after receiving 273,328 Class C shares on February 3 and a prior 2018 vesting award. The Google CEO leads among top paid U.S. executives this year per Bloomberg filings. He leads Alphabet after its Google restructuring last year. Tidjane Thiam seeks a significant bonus cut at Credit Suisse after a 5.3 billion fourth quarter loss and 4,000 layoffs.

Sundar Pichai Google U.S Bloomberg Pichai Internet Alphabet Credit Suisse Tidjane Thiam Thiam

Starbucks Introduces Three Molten Valentines Drinks This Week

Starbucks rolls out three new Mol ten Chocolate selections including a Mol ten Chocolate Latte Mol ten Chocolate Frappuccino and Mol ten Hot Chocolate for a limited week. The National Retail Federation projects 1.7 billion dollars spent on Valentines candy, while Starbucks bets on broader appeal beyond sweets.

Starbucks National

Wall Street Reels as Oil Slips Under $30 a Barrel

Wall Street endured a turbulent day with the Dow halving a 400 point drop to close down 1.1 percent at 16,027 as oil prices slid below $30. The Nasdaq and S&P 500 fell while investors sought the safety of long-term Treasuries and gold jumped 2.9 percent. A weak January job report and questions over Fed rate hikes kept growth concerns front and center.

Wall Street Dow China U.S Federal Reserve Dow Jones Standard & Poor Treasury Fed Janet Yellen Congress Bill Stone PNC Asset Management Stone Beijing S&p Ari Wald Oppenheimer

Europe markets slide into bear amid global sell-off

European stocks endure heavy losses as the MSCI Europe index falls about 1 percent, putting it roughly 20 percent below its 12 month high and signaling a bear market. Banks face pressure from low rates and rising credit stress while oil prices stay weak. Investors await Fed testimonies and yuan movements for clues on rate paths and global growth.

Wall Street S&p Europe U.S Standard & Poor DAX Frankfurt Joe Quinlan U.S. Trust USA Today Quinlan

Chesapeake says it has no plans to seek bankruptcy

Chesapeake Energy denied Debtwire's report that it engaged Kirkland & Ellis to discuss balance sheet solutions. The Oklahoma City firm insisted it is not planning bankruptcy and is pursuing value for shareholders, as shares recovered from a dramatic intraday drop to $1.51.

Chesapeake Chesapeake Energy U.S Kirkland & Ellis

University of Phoenix to go private in $1.1 billion deal

Apollo Education Group agreed to be acquired by a consortium including The Vistria Group Apollo Global Management and Najafi Companies in a 1.1 billion transaction to take the for profit university private. The deal values shares at 9.50 and aims to close in August pending approvals.

University of Phoenix Vistria Group Apollo Global Management Najafi Companies Apollo Education Group Apollo Education U.S. Department of Education Tony Miller Greg Cappelli Ternational Federal Trade Commission Miller State Department Obama

Also Mentioned on This Page

Moneyline DOW Jones Industrial Avg Joshua Trujillo, Starb Marketwatch.com USA Paul Trap Jason Pride Glenmede Phoenix
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