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Latest Business News Archives for June 9, 2007

AP research: CEO compensation skyrockets
Jun 9 2007 4:15PM (CT)
NEW YORK (AP) - A new Associated Press calculation shows that compensation for America's top CEOs has skyrocketed into the stratospheric heights of pro athletes and movie stars: Half make more than $8.3 million a year, and some make much, much more.
 
AP research: CEO compensation skyrockets
Jun 9 2007 4:15PM (CT)
NEW YORK (AP) - A new Associated Press calculation shows that compensation for America's top CEOs has skyrocketed into the stratospheric heights of pro athletes and movie stars: Half make more than $8.3 million a year, and some make much, much more.
 
Don't be fooled by $1 salaries
Jun 9 2007 1:25PM (CT)
NEW YORK (AP) - A handful of CEOs in the AP executive pay list take home a salary of $1 a year or less. But all of them manage to make millions anyway, illustrating the point that if you're running the show, your salary doesn't mean much.
 
Companies must explain CEO compensation
Jun 9 2007 12:45PM (CT)
NEW YORK (AP) - Shareholders who complain that executive pay is getting out of control have a new tool for pressing their case: They are demanding that companies spell out why their top brass deserves generous rewards.
 
Investment bank CEOs made mint in '06
Jun 9 2007 12:25PM (CT)
NEW YORK (AP) - If you really want to get rich, work your way up the ladder at an investment bank.
 
Occidental CEO tops stock options list
Jun 9 2007 12:23PM (CT)
NEW YORK (AP) - Soaring energy prices may be blowing a hole in drivers' wallets, but they've been mostly good news for oil companies shareholders _ and doubly so for top executives like Occidental Petroleum Corp. CEO Ray Irani.
 
SEC: Executive pay disclosures work OK
Jun 9 2007 12:21PM (CT)
WASHINGTON (AP) - The nation's top securities regulator says he is generally satisfied that new disclosure rules are giving investors a clearer picture of how much public companies are paying top executives and provide useful insight into the reasoning underlying compensation awards.
 
Boeing, Aeroflot sign 'Dreamliner' deal
Jun 9 2007 7:35AM (CT)
ST. PETERSBURG, Russia (AP) - Boeing and Aeroflot signed a deal Saturday for the Russian carrier to acquire 22 Dreamliner jets from the American plane maker.
 
Woman sues over contact lens solution
Jun 9 2007 7:10AM (CT)
SANTA ANA, Calif. (AP) - A lawsuit seeking class action status has been filed against a company that is voluntarily recalling a brand of contact lens solution.
 
Woman sues over contact lens solution
Jun 9 2007 7:10AM (CT)
SANTA ANA, Calif. (AP) - A lawsuit seeking class action status has been filed against a company that is voluntarily recalling a brand of contact lens solution.
 
FAA computer glitch causes flight delays
Jun 9 2007 12:02AM (CT)
WASHINGTON (AP) - A cascading computer failure in the nation's air-traffic control system caused severe flight delays and some cancellations Friday along the East Coast.
 
FAA computer glitch causes flight delays
Jun 9 2007 12:02AM (CT)
WASHINGTON (AP) - A cascading computer failure in the nation's air-traffic control system caused severe flight delays and some cancellations Friday along the East Coast.
 
FAA computer glitch causes flight delays
Jun 9 2007 12:02AM (CT)
WASHINGTON (AP) - A cascading computer failure in the nation's air-traffic control system caused severe flight delays and some cancellations Friday along the East Coast.
 
   

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