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From the Richter Scales, a San Francisco area a cappella group, to the tune of “It’s a Fine, Fine Line Between Love and a Waste of Time” from the musical Avenue Q (thanks for the tip, Julie). As Fed-related musical humor goes, it’s no “Every Breath You Take“, but it’s actually kind of nice to listen to:
Update: The video might take a minute to show up. Just wait, or hit refresh if you don’t seem to be getting anywhere.
NEW YORK — Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.
In a filing with the Securities and Exchange Commission on Thursday, Apple Inc. said that Cook requested that his restricted stock units not receive dividends. The dividends that Apple workers are getting amount to $2.65 per quarter for each restricted stock unit held. The shares are not normally eligible to receive dividends, so Apple’s decision is a perk for its employees.
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs.
The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.
