BP's Gulf Fund Confusing Everyone
All is not well with BP’s inscrutable Gulf compensation fund, but the exact problems seem to be a matter of debate. The Wall Street Journal today runs a piece complaining that payments have been too...
View ArticleNo. of Feds Making Over $150K Soars
The number of federal government employees making at least $150,000 a year is 10 times what it was five years ago, and it has doubled since President Obama’s inauguration, says a study by USA Today ....
View ArticleBP to Gulf Residents: Here's a Bonus ... Now Don't Sue Us!
The administrator of BP's $20 billion compensation fund is offering Gulf residents cash bonuses to speed up the process, reports the New York Times. But there's a catch: Anyone who takes the money...
View ArticleZynga to Workers: Can We Have That Stock Back?
With what’s expected to be an almost $20 billion IPO looming, Zynga CEO Mark Pincus is starting to wish he hadn’t given out so much stock to attract early employees to his company. So he’s doing...
View ArticleFake Death Scam Surfaces in Cruise Ship Case
The first scam has emerged in an apparent bid for compensation from the operators of crippled cruise liner Costa Concordia. A woman and her boyfriend were arrested in Hungary after falsely reporting...
View ArticleUS Pays $50K Per Death in Afghan Rampage
The United States has paid almost $50,000 in compensation for each Afghan killed in the shooting spree attributed to a US soldier in southern Afghanistan, an Afghan official and a community elder said...
View ArticleWoman Hurt During Sex Wins Long Court Battle
At least in Australia, sex on the job is legally part of the job: A woman injured while fooling around on a business trip has won health compensation in federal court, the Sydney Morning Herald...
View ArticleWomen Shot by LAPD Get $40K for New Truck
Finding a new truck for Emma Hernandez and Margie Carranza, to replace the one shot 102 times by the LAPD during their manhunt for Christopher Dorner , has proven too difficult, so instead the city has...
View ArticlePublic University Presidents Rake in Millions
Last year, four public university presidents boasted compensation of more than $1 million, a study finds. At the top: Graham Spanier, the former Penn State president driven out by the Jerry Sandusky...
View ArticleOvertime Rules Long Overdue for a Reality Check
The requirement that most workers who go beyond 40 hours a week get time-and-a-half pay as a reward has been a great one since its inception in 1938, writes Ross Eisenbrey in the New York Times . But...
View ArticleRelatives of Plane Crash Victims Get First $55K
Lufthansa today offered what it calls a "preliminary" payment to the relatives of each victim of the Germanwings crash , a sum of $54,800, reports NBC News . But preliminary is a key word, because the...
View ArticleCEO Pay Hits Wild Milestone
So what was the average CEO paycheck like last year? Oh, just 373 times higher than your average worker's, up from 331 times higher the year before, according to a new report by the labor organization...
View ArticleGermanwings Offers to Pay, Families React in 'Horror'
Relatives of victims of the Germanwings plane crash say they're "appalled" by a compensation offer meant to ease their suffering. Parent company Lufthansa says it will pay $27,700 per victim—in...
View Article1979 Iran Hostages Finally Get Their Money
Survivors of the Iranian hostage crisis will be awarded up to $4.4 million each, more than three decades after their 444 days in captivity. The terms are laid out in a spending bill President Obama...
View Article9/11 Responder With Rare Illness Makes Billboard Plea
A 9/11 first responder with kidney disease close to losing his New Jersey home is taking his plight public in a big way: through his website and a series of tri-state area billboards, the Record...
View ArticleWells Fargo Grabs Back $75M From Ex-Execs
New developments in the Wells Fargo sales scheme emerged Monday, with an investigative report from the bank's board noting that $75 million in compensation will be clawed back from two former...
View ArticleNazi 'Death Train' Survivors Get 'Small Measure of Justice'
After years of fighting for it, about 1,000 living survivors of Nazi persecution in Romania are now eligible for compensation from the German government. The New York-based Conference on Jewish...
View Article1K Secret Service Agents Have Maxed Out on Hours
The Secret Service's motto is "Worthy of Trust and Confidence." A new report from USA Today suggests agents might want to petition for the addition of "and Being Paid in Full" to the end of that. The...
View ArticleWrongly Jailed Man Got $75. Now, He's Finally a Millionaire
A Tennessee man who was wrongfully imprisoned for more than half his life has finally received compensation—almost a decade after he was set free and handed a check for just $75 . Lawrence McKinney,...
View ArticlePaycheck of Top-Paid CEO in US: $102.2M
Les Moonves made $68.4 million in 2017 as the CEO of CBS, but New York didn't claim the highest-paid CEO in the country last year—Georgia did, with First Data's Frank J. Bisignano bringing in a $102.2...
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