|
|
See, I said there’d be pictures! “Pre-war,” in New York real estate parlance, means anything built before the 1940s. This sign, in case you can’t tell, adorns a hole in the ground. I assume that what the developers are trying to say is that the building they’re putting up will look like the surrounding apartment houses, most of which date to the first couple decades of the last century. But maybe I’m assuming wrong.
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.
