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I’ve actually been meaning for a few weeks to write a post about the vagaries of what in the MSM gets noticed in the blogosphere and what does not. Pretty much every half-baked column on the Washington Post op-ed page gets subjected to a full-on linkfest, I was going to write, while the almost invariably compelling work of columnist Steven Pearlstein gets mostly ignored because it’s on the business page.
Well, at least the Pulitzer Prize people didn’t ignore him.
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.
