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I am about to leave on the Curious Capitalist family’s annual California vacation. Won’t be back in the office until August 25. I may do a couple posts from the road, or at least put up some pretty pictures, but basically this will be Barbara’s blog for the next couple of weeks. I told her not to obsess about posting every single day, though, given that it’s mid-August.
In the meantime, I leave you with this very special video (Barbara found it) from Holland Heineken House in Beijing:
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.
