Gates, Ballmer see pay largely unchanged
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Microsoft CEO Steve Ballmer and Chairman Bill Gates each took home just over $900,000 in pay last year, a slight increase from last year, according to documents filed Monday with the Securities and Exchange Commission.
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Some restroom valets earn next to nothing. Others have no complaints.
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Stocks trimmed gains to trade nearly  unchanged on Wednesday as a report showing an unexpected jump  in the U.S. trade deficit overshadowed better-than-expected  earnings from technology bellwether Intel Corp. INTC.O
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U.S. blue-chip stocks were nearly flat on Friday as healthy but moderate job growth signaled to investors that the Federal Reserve will keep interest rates steady, while the Nasdaq edged higher.
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U.S. stocks were little changed on  Wednesday as a European antitrust ruling weighed on Microsoft  Corp. MSFT.O, offsetting a rise in Fannie Mae FNM.N after  its embattled chief executive stepped down.
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Bill Gates, Microsoft's chairman and chief software architect, and Steve Ballmer, the software maker's CEO, each received a base salary of $591,667 and a $310,000 bonus for the 12-month period that ended June 30.
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Sales are flat for the company, but the valuation still appears to be fair.
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The Federal Reserve left its benchmark interest rate unchanged at 5.25 percent on Thursday and signaled that it would keep it at that level for some time.
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Bill Gates and Steve Ballmer each received total compensation of $901,667 in Microsoft Corp.'s 2004 fiscal year, up 4.4 percent from $863,447 one year ago.
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The secretaries of the Transportation, Labor, Interior and Housing departments have agreed to stay on.
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Consumers' assessment of the economy held largely steady this month, according to a university research report released Friday.
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Poland's central bank kept key interest rates unchanged Wednesday after three straight months of increases, surprising markets that expected a quarter or half percentage point hike.
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Federal executives find that a new pay-for-performance system has had little effect on their performance, but it has caused morale problems, according to a survey released yesterday.
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U.S. stocks opened near unchanged on  Friday after mixed corporate results showed Web search company  Google Inc. GOOG.O  had better-than-forecast earnings, but  software maker Microsoft Corp. MSFT.O gave a revenue forecast  that lagged Wall Street expectations.
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Stockholders have learned that while their shares may sink, executive pay rarely does.
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Interest rates on short-term Treasury bills were unchanged in yesterday's auction, with three-month bills remaining at the highest level in more than six years.
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Steve Ballmer&#39;s letter to customers said nothing about the widespread reality of tens of thousands of Microsoft customers who are eager to deploy BOTH Windows and Linux.