Bloomberg Apple Inc Chief Executive Officer Tim Cook made $125 million in the company’s 2019 fiscal year, less than the year before due in part to a lower bonus. Cook got a $3 million salary, a $7.7 million bonus and $884,466 in perks and other compensation in the latest period, the Cupertino, California-based technology giant said in a filing. The ...
Read More »NYC jobs fell more than 50k in year through Nov
Bloomberg The job market soured in the Big Apple in November, according to Labour Department data. Despite a 52,134 decline, a surge in hiring in the New York City suburbs helped the New York-Newark-Jersey City, NY-NJ-PA metropolitan area to the second-largest jobs gain in the country with a 99,400 jump. The Dallas-Fort Worth-Arlington, Texas region witnessed the nation’s largest metro-area ...
Read More »Amazon threatens to fire climate activists, group says
Bloomberg A group of Amazon.com Inc employees who pushed the company to combat climate change say Amazon has threatened to fire some of them if they continue to speak out about their employer’s internal affairs. Two were threatened with termination, a spokesperson for Amazon Employees for Climate Justice said, and a total of four were told in meetings that they ...
Read More »Washington moves to brief allies cautious after Baghdad strike
Bloomberg The US moved quickly to brief governments abroad and seek support for its decision to kill the Iranian commander in charge of its elite Quds force, with Secretary of State Michael Pompeo calling counterparts in France, the UK, Russia and other major powers. Foreign leaders largely reacted with caution to President Donald Trump’s decision to launch a strike that ...
Read More »Sanchez makes bid to start Spain’s new government
Bloomberg Pedro Sanchez began his bid on Saturday to form a new government with assistance from a Catalan separatist party as he urged Spain’s parliament to help him end the country’s political deadlock. Sanchez, Spain’s acting prime minister, needs to win the endorsement of the 350-seat chamber in a voting process that will continue until Tuesday. He is likely to ...
Read More »Kim gives up on Trump, prepares to endure US sanctions
Bloomberg Kim Jong-un is giving up on hopes that US President Donald Trump will lift sanctions anytime soon. Alongside the North Korean leader’s latest saber-rattling the first week of 2020 was a stunning admission: Efforts to engage the US had failed. Kim’s plan now is to find a way to survive under crushing economic sanctions while building an even stronger ...
Read More »Jess Phillips launches Labour leadership bid
Bloomberg Maverick politician Jess Phillips said Labour needs a “different kind of leader†as she launched her bid to succeed Jeremy Corbyn, following the UK opposition party’s worst electoral defeat since 1935. Labour needs to regain support from “huge parts†of the working class base it has lost and is in “big trouble†if it fails, Phillips, 38, said, according ...
Read More »China names new liaison director for Hong Kong
Bloomberg China appointed a new top liaison official for Hong Kong, replacing the former director amid months of protests in the financial hub. Luo Huining will take over from Wang Zhimin as the Hong Kong liaison office director, the government said in a two-sentence statement that didn’t elaborate on the changes. Wang was former director of China’s liaison office in ...
Read More »India’s rightward lurch is actually self-defeating
For decades, Indian foreign policy has been moving slowly but methodically in a single direction: towards a greater embrace of the West. The days of non-alignment, when India believed it led the developing world in standing apart from either Cold War bloc, are over. Although successive governments in New Delhi have worked hard to avoid antagonising Beijing, it has been ...
Read More »UK PM’s $2.6trn bond supremo
Robert Stheeman has been at the helm of the UK Treasury’s Debt Management Office since 2003, overseeing sales of more than $2.6 trillion of Gilts, as Britain’s sovereign bonds are known. He’s the government’s agent in the debt marketplace, the link that smooths communication between the finance ministry and its 15 primary “market-makersâ€. His job is to keep the UK’s ...
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