Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.Shortly after disclosing the job cuts, Boeing announced Wednesday that it has resumed...
Nevada casinos to reopen; America can’t get enough pizza

Nevada casinos to reopen; America can’t get enough pizza

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus.________________________TRAVEL & LEISURE:...
AMD’s Lisa Su is first woman to top AP’s CEO pay analysis

AMD’s Lisa Su is first woman to top AP’s CEO pay analysis

Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press’ annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company’s stock during her five years as CEO.The...
CEO pay has topped $12.3M. Can it keep rising post-pandemic?

CEO pay has topped $12.3M. Can it keep rising post-pandemic?

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1%...