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A U.S. Bankruptcy Court judge signed off Friday on Searsâ request to pay up to $25.3 million in bonuses to top executives and other high-ranking employees even as the company reported losing nearly $1.9 billion in the first three quarters this year.
But--but wait! Isnât this the company that said that the bankruptcy meant that it couldnât afford severance pay for workers?
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Hertz pushing to give $5.4M in bonuses amid bankruptcy | The Hill
The Investment Association has issued a "red-top" alert over the Marmite-maker's remuneration report, Sky News learns.
United May Be In For Another PR Disaster
United may be in for another PR disaster.
United Airlines planes at the gate at OâHare International Airport in Chicago. Photo: Leonard Zhukovsky / Shutterstock.com After last weekâs fiasco of having a passenger dragged off an overbooked flight to make room for a flight crew, the last thing United Airlines needs now is yet another public-relations disaster. But thatâs exactly what they might get when they announce CEO Oscar MunozâsâŠ
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Peabody gets U.S. court approval for clean-up deals, executive bonuses
(Reuters) - Bankrupt coal company Peabody Energy won U.S. court approval on Wednesday for agreements with three states to partially cover $1.14 billion in potential environmental liabilities and for a bonus plan for its six top executives.
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Bankrupt coal company wants to give 6 top execs $12 million in bonuses - everyone else got pink slips
Bankrupt coal company wants to give 6 top execs $12 million in bonuses â everyone else got pink slips
â Peabody Energy CorporationâŠis asking a bankruptcy judge to let it pay up to $12 million in bonuses to the coal-mining companyâs top executives. Peabody president and CEO Glenn Kellow and five other executives are in line for the bonuses⊠Peabody, which is asking Judge Barry Schermer to approve the payments, says the bonuses are warranted in light of the fact that the success of itsâŠ
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Struggling MTN paid bonuses to fired executives, and a major shareholder is livid
#Updates One of MTNâs largest shareholders is irked by bonuses the company paid to fired executives. The telecommunications giantâs annual report revealed that the company paid⊠http://qz.com/670503/struggling-mtn-paid-bonuses-to-fired-executives-and-a-major-shareholder-is-livid/ QZ.com
This Hospital Gets It: Uses Money From Executive Bonus Pool To Raise Low-Wage Worker Pay
This Hospital Gets It: Uses Money From Executive Bonus Pool To Raise Low-Wage Worker Pay
 Parkland Health & Hospital System in Dallas, Texas gets it: income inequality is bad, and paying out hundreds of thousands â sometimes millions â to executives doesnât make sense, especially when some employees require public assistance to survive on low wages. Thatâs why theyâre using $350,000 from the next quarterâs executive bonus pool to give 230 low-wage employees a 14 percent raise, fromâŠ
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