Tag Archives: pay

The U.S. government hit its borrowing limit Thursday, causing the Treasury to activate “extraordinary measures” to keep paying the government’s bills. Treasury Secretary Janet Yellen sent a letter Thursday morning to House Speaker Kevin McCarthy, noting that a “debt issuance suspension period” will begin on Thursday, Jan. 19 and last through Monday, June 5. As part of that, the government will not funnel new investments into the Civil Service Retirement and Disability Fund, as well as suspend… Source link

The U.S. government hit its borrowing limit Thursday, causing the Treasury to activate “extraordinary measures” to keep paying the government’s bills. Treasury Secretary Janet Yellen sent a letter Thursday morning to House Speaker Kevin McCarthy, noting that a “debt issuance suspension period” will begin on Thursday, Jan. 19 and last through Monday, June 5. As part of that, the government will not funnel new investments into the Civil Service Retirement and Disability Fund, as well as suspend… Source link

The biggest shortcoming so far of new state salary transparency laws is preposterously wide pay ranges, often covering more than a six-figure span. For instance, the base pay range for a database engineer at Apple in Cupertino, Calif, is listed between $130,000 and $242,000. At Tesla, a business analyst position in Palo Alto, Calif., offers $68,000 to $234,000 — a range of $166,000. Even more mind-blowing, the range for a software engineer at Netflix in Los Gatos, Calif., is typically… Source link

Contractors at a company that employs raters who oversee training, testing… Source link

McDonald’s (MCD) former CEO Stephen Easterbrook agreed to repay more than $52.7 million in a settlement with the U.S. Securities and Exchange Commission over investor fraud allegations. The agency alleges that Easterbrook defrauded the company’s investors by lying about sexual relationships with company subordinates while he was CEO, resulting in a separation compensation that he should not have received because of the alleged fraud. The conflict — that the company at the time said was… Source link

Google has agreed to pay $23 million to settle a California class-action lawsuit over search engine… Source link

The National Company Law Appellate Tribunal on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI. Photograph: Dado Ruvic/Reuters A two-member bench, however, declined to grant any immediate stay the operations of Competition Commission of India (CCI) penalty and said it would pass any order after hearing out other parties. The appellate tribunal has issued notices to CCI and directed to list the matter on… Source link

You can criticize New York Mets owner Steve Cohen’s approach. You can bemoan his seemingly unlimited budget and post a thread on Twitter about how this is “bad for the game.” But you can’t deny one thing: Cohen desperately wants to win. After signaling in March that he didn’t care about the luxury tax, Cohen has backed up that assertion this offseason. With the reported signing of Carlos Correa on Wednesday, the Mets’ offseason spending splurge jumped to an unfathomable $806.1 million. As a… Source link

The long-running race for NFL Sunday Ticket is reportedly coming to an end, with Google as the winner for the package, which will be available on YouTube (owned by the company). While an official announcement hasn’t come quite yet, the New York Times reports that $2.5 billion has been discussed as the annual cost to Google, which would be a billion more per year than the $1.5 billion currently being paid by DirecTV. The length of the deal is currently unknown. DirecTV’s existing… Source link

WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applying overdraft fees against savings and checking accounts. Wells was ordered to repay $2 billion to consumers by the Consumer Financial Protection Bureau, which also enacted a $1.7 billion penalty against the San Francisco bank Tuesday. It’s the largest fine ever leveled… Source link