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Posts tagged with the keyword: ‘American’
LONDON — Chief executive Tony Hayward’s departure from spill-plagued BP appears imminent, British media reported. While a company spokesman told Reuters Saturday that Hayward still has the full backing of BP’s board, industry insiders said Hayward may announce his departure by Tuesday, when the oil giant releases its six-months earnings report
July 25, 2010 | Posted in NEWS | Read More »
WASHINGTON — The Obama administration’s pay czar said Friday that 17 banks receiving taxpayer money from the $700 billion financial bailout made “ill-advised” payments to their executives. But he stopped short of calling them “contrary to the public interest,” language that would have signaled a fight to get it back. Kenneth Feinberg also said he did not try to recoup $1.6 billion in lavish compensation to top executives at the bailed-out banks because he wanted to protect the banks from possible lawsuits from shareholders trying to recapture the executives’ money.
July 23, 2010 | Posted in NEWS | Read More »
HANOI, Vietnam — North Korea threatened Friday to mount a “physical response” to United States’ military drills in the region. Its government claimed that the exercises with South Korean forces would violate its sovereignty.
July 23, 2010 | Posted in NEWS | Read More »
