| Dec 17, 2013
Insurance giant American International Group Inc. announced it would sell a majority of its Century City aircraft-leasing unit to Netherlands-based AerCap Holdings, in a deal valued at $5.4 billion in cash and stock.
The deal for International Lease...
| Dec 20, 2013
| 5:57 PM
State lawmakers and some local politicians are considering raising their own salaries in 2014 — proposals that supporters say might have more traction now that Maryland is a few years out of the recession.
This week, a state commission...
| May 5, 2014
| 2:03 PM
Jon Healey's Opinion L.A. post "California Democrats seek to lower CEO pay" paints our bill to address the growing disparity between chief executive and worker pay (SB 1372) as a job-killing measure that will drive business out of California and hurt...
| May 9, 2014
| 8:32 AM
Corporate executives love nothing more than a scapegoat to saddle with blame for their own mediocre performances. As we reported late last year and USA Today confirms again, they're finding the Affordable Care Act to be a gold-plated gift. It's almost...
| Apr 26, 2014
| 5:00 AM
This post has been corrected, as indicated below.
Some California lawmakers worry that California is losing too many businesses to other states.
State Sens. Mark DeSaulnier (D-Concord) and Loni Hancock (D-Berkeley) evidently worry that we're not...
| Dec 10, 2013
Remember TV commercials in early 2010 where GM's then-CEO Ed Whitacre proclaimed the automaker had paid back its loans in full? Though technically accurate ??? the automaker repaid $8.1 billion in loans from the U.S. and Canadian government in April......
| Dec 5, 2011
| 4:26 PM
Stevenson University had the highest income disparity between its president — who made $1.49 million in 2009 — and rank-and-file professors, according to a salary survey of hundreds of institutions released Monday by The Chronicle of Higher...
| Jul 26, 2011
| 3:03 PM
Legg Mason Inc. shareholders approved a $5.9 million pay package for Chairman and CEO Mark R. Fetting in an advisory vote announced Tuesday at the Baltimore-based company's annual meeting.
The nonbinding "say on pay" measure won the support of 87 percent...
| Jul 24, 2012
| 11:44 AM
Legg Mason shareholders voted to approve a $4.9 million pay package for Chairman and CEO Mark R. Fetting at the Baltimore-based investment firm's annual meeting Tuesday morning.
Fetting's compensation package was $1 million less than the package approved...
| Jun 2, 2011
| 1:52 PM
Shareholders of Sinclair Broadcast Group Inc. approved the company's executive pay package in a "say on pay" nonbinding vote Thursday.
Besides weighing in on compensation during Sinclair's annual meeting, shareholders also re-elected the broadcaster's...