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Disney gives CEO Iger $36.3mn pay

Bloomberg Walt Disney Co. Chief Executive Officer Bob Iger got $36.3 million in compensation in 2017 as the company announced plans to acquire a majority of 21st Century Fox Inc. His pay will probably more than double in fiscal 2018. Iger, 66, received a $15.2 million cash bonus tied to results including segment operating income and return on invested capital, ...

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Porsche ordered to reveal who knew what about VW diesel scam

Bloomberg Porsche SE’s board was ordered by a German court to answer critical shareholder questions about what management at Volkswagen AG and the carmaker’s majority investor knew about the diesel scandal and whether any evidence was destroyed. The holding company’s board must answer five questions originally asked at its 2016 annual shareholders meeting, a Stuttgart court said in two rulings ...

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US ultimatum to revamp N-deal with Iran tests European allies

Bloomberg President Donald Trump has handed European allies an ultimatum to revamp the nuclear deal with Iran, something they have no intention of doing, posing a potential new conflict with other world leaders. “This is a last chance,” Trump vowed in a statement announcing that he’d waived economic sanctions tied to the 2015 accord a final time: “No one should ...

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