Bosses defend City bonuses
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Business figures defend the paying of bonuses to City executives after an attack by the chancellor.
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The so-called "living-wage" ordinance that would have required mega-retailers here to pay their workers higher wages was successfully turned back Wednesday as supporters on the City Council could not muster enough votes override Mayor Richard Daley's veto.
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Spurred by a criminal trial over fat executive bonuses, Germans are debating whether it's time for their biggest companies to break a long-standing taboo and reveal what they're paying top executives.
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Public sector workers threaten "coordinated industrial action" against the government's pay settlement.
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City leaders don't need to be convinced of the benefits of high-bandwidth networks. Convincing them to pay for it is another matter.
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Chancellor of the Exchequer Alistair Darling hit out at "fat cat" bonuses in an interview published Saturday, questioning whether such big pay outs are justified at a time of economic uncertainty.
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Mayor Richard Daley has faced down his share of scandals in 15 years running City Hall. But a stream of recent indictments and nonstop news reports of corruption have the mayor on the defensive like never before.
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District businesses are bracing for a 24-hour taxi strike threatened on Halloween, a high-volume day for cabs, in what drivers say might be the first in a series of strikes to protest Mayor Adrian M. Fenty's recent decision to switch from zones to meters.
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Data showing that 16 executives received bonuses in 2002 that were larger than their salaries is called a mismatch with the company's lending mission.
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Advocates and opponents of a publicly funded baseball stadium in D.C. say there are big inequities in the details of the business tax that Mayor Williams has proposed.
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The urge to merge may be influenced by bonuses for all involved in the deal, especially the bankers.
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drop News Corporation yesterday strongly defended the huge bonuses paid this year to its chairman, Rupert Murdoch, and his son Lachlan, in contrast to the falling share price and continuing meagre dividends dealt to other shareholders.
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FRANKFURT  - Spurred by a criminal trial over fat executive bonuses, Germans are debating whether it's time for their biggest companies to break a long-standing taboo and reveal what they're paying top executives.
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There are ways to secure higher pay even when all other employees receive the same annual increase, says Sue Shellenbarger. Plus, more on work and family.
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The cash-for-honours police chief defends his probe - but says he received "less than full co-operation" from some.
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By The News & Observer, Raleigh, N.C.  Feb. 12--North Carolina leaders have gone along with financial incentives to lure business relocations largely out of fear.
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Some companies are reviving travel, with options on destinations, as bonuses for their best workers.