United States
CEOs made a median $20 million last year—254 times more than the average worker
The CEO-to-worker pay gap is widening yet again, as top executives who took pandemic pay cuts more than recovered lost earnings in the last year. CEOs made 254 times more than the average worker in 2021, up 7% from the year prior, according to the Equilar 100, which offers an early look at CEO compensation […]
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Apple workers at New York’s Grand Central store take steps to unionize
People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Drew Angerer | Getty Images Workers at Apple’s flagship Grand Central Terminal retail store in New York City are taking steps to unionize, teeing up a potential labor battle with the iPhone maker. Organizers, who have dubbed […]
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Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices surged to the highest level in more than 13 years Monday as Russia’s war on Ukraine causes a global energy […]
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4 people on how their company’s switch to work-from-anywhere spurred them to move around the world
While some companies continue to debate remote and hybrid work for their teams, others are embracing a more flexible work-from-anywhere approach. Atlassian, an Australia-based software company with employees around the world, introduced its own “Team Anywhere” policy in August 2020, which allows its 7,388 employees to relocate to another city or country where the company […]
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The fight to protect consumers against bad investment advice is advancing, but slowly
William F. Galvin, Secretary of the Commonwealth of Massachusetts, at a press conference on Sep. 10, 2018. Galvin championed a state rule governing investment advice, which a judge invalidated in March 2022. Michael Swensen for The Boston Globe via Getty Images The fight to protect consumers from bad investment advice has been a multi-year saga. […]
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Medical spas are seeing a boost in beauty procedures as people emerge from two pandemic years at home
Goddess Brouette, 22, decided to receive lip treatment at Upkeep Medical Spa in Manhattan during the pandemic. Source: Goddess Brouette Goddess Brouette didn’t want to wait much longer. It was time to get her lips filled. After months of research, she decided last year to get a treatment at Upkeep on the Upper East Side […]
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Kyiv hit with most powerful explosions heard in weeks; Finland ‘highly likely’ to join NATO. Follow our live updates
Finland ‘highly likely’ to join NATO, minister says Facing a dramatic change in its security assessment and relations with Russia, Finland is ‘highly likely’ to join NATO now, Finland’s European affairs minister Tytti Tuppurainen told Sky News in an interview. “The people of Finland seem to have already made up their mind and there is a […]
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World’s largest yacht, linked to Russian billionaire Usmanov, is seized by Germany
A file photo dated September 10, 2018 shows mega yacht named “Dilbar” belonging to Uzbek-born Russian business-magnate Alisher Usmanov as it refuels by a tanker in Mugla, Turkiye. Germany seizes Russian billionaire Usmanov’s yacht at Port of Hamburg. Sabri Kesen | Anadolu Agency | Getty Images WASHINGTON — German authorities said they have seized the […]
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UK freezes record $13 billion in assets linked to two Abramovich associates
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images WASHINGTON — The United Kingdom on Thursday announced that it had frozen assets belonging to two Russian oligarchs worth up to […]
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Worried about rising inflation? With nearly risk free I bonds soon to pay 9.62%, here’s what you need to know
Eakgrunge | Istock | Getty Images Less risk often means lower returns. But that’s not the case with I bonds, an inflation-protected and government-backed asset, which may soon pay an estimated 9.62%. I bonds currently offer 7.12% annual returns through April, and the rate may reach 9.62% in May based on the latest consumer price index data. Annual […]
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