Female CEOs far rarer at top of U.S. firms
Equilar and AP analysis shows female CEOs earned a median 13.1 million dollars last year, up 9 percent, while men earned 11.4 million. Only 6 percent of top paid U.S. CEOs were women. Virginia Rometty led with 32.3 million, followed by Marissa Mayer at 27.4 million amid Yahoo-Verizon changes.
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New York
Equilar
Associated Press
U.S
Virginia Rometty
International Business Machines Corp
Yahoo
Marissa Mayer
Rometty
Mayer
Yahoo Inc
Verizon Communications Inc
Verizon
Indra Nooyi
PepsiCo Inc
Mountain Dew
Ford names Hackett as new CEO with milestone pay package
Ford Motor Co. designates Jim Hackett as chief executive and sets a base salary of 1.8 million dollars per year. He is eligible for a bonus up to three times his base pay and receives stock units valued at 5.2 million over three years plus 1.75 million if he stays through 2020. Joe Hinrichs and Jim Farley receive multi million stock awards as top executives.
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Detroit
Ford Motor Co
Jim Hackett
Mark Fields
Hackett
Ford
Joe Hinrichs
Jim Farley
Trump Organization avoids asking guests about foreign government funds
The Trump Organization says hotels will not require guests to prove funds come from foreign governments and will only tally money when guests identify themselves as working for a government entity. Critics warn this may breach the emoluments clause. Stocks rise as Fed signals gradual bond portfolio reduction and rate hikes may resume in June.
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Trump Organization
U.S
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House Oversight Committee
Trump
U.S. Treasury
Elijah Cummings
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Congress
Intuit
Praxair
Federal Reserve
Wall Street
Fed
Ed Campbell
QMA
Prudential Financial
OPEC Seeks Nine Month Extension Of Production Cuts
OPEC and major non OPEC members including Russia appear united to extend last year’s oil output cuts through nine more months. The plan targets propping up crude prices as ministers anticipate formal talks. The cuts began in November, with 1.2 million bpd from OPEC and 600,000 bpd from non OPEC nations.
MENTIONED IN THIS ARTICLE
Vienna
OPEC
Russia
Organization of the Petroleum Exporting
Khalid al-Falih
Mohammad Barkindo
Recall of HeartMate II controller linked to patient deaths
Federal regulators recall nearly 29 000 external power supply controllers for the HeartMate II ventricular assist device after 26 reported deaths tied to malfunctions. FDA warns users to only switch controllers in hospital and notes 70 malfunctions occurred after patients used backup units. Johnson & Johnson settles with 42 states for 33 million over past OTC medicines recalls.
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Food and Drug Administration
FDA
Johnson & Johnson
J&j
Puerto Rico
Philadelphia
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Dodge & Cox
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Doe
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