|
|
Thomas Crampton posts a fascinating e-mail from the deputy editor of Singapore’s Straits Times–sent out in the wake of the news of pending layoffs at the New York Times:
Would you know anyone within the NYT who could help us put out the word that we would be happy to take on some copy-editors, which we are in dire need of.
Ideally, they would operate in our newsroom in Singapore, but we are open to the idea of some working in the US …
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.
