Typical CEO made $9.6M last year, AP study finds
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs.
May 25 2012 | Posted in AP News | Read More »
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Facebook falls flat in public debut
NEW YORK — After all the hype, Facebook’s first day as a public company ended where it began. In its much-anticipated debut on the Nasdaq Stock Market, Facebook’s stock closed Friday at $38.23, up 23 cents. It had been priced at $38 per share on Thursday night.
May 18 2012 | Posted in AP News | Read More »
Republican ‘super PACs’ buoyed by mega donors
WASHINGTON — A pair of “super” political action committees supporting top Republican presidential candidates spent nearly $24 million in January, drawing upon major gifts and repeat donations from wealthy business executives, according to financial reports the groups filed Monday with the government.
Feb 20 2012 | Posted in AP News | Read More »
Homebuilders missing out on economic recovery
WASHINGTON — For homebuilders, it hardly feels like an economic recovery. Nearly two years after the recession ended, the pace of construction is inching along at less than half the level considered healthy. Single-family home building, the bulk of the market, has dropped 11 percent in that time. And there’s no sign it will improve soon.
May 17 2011 | Posted in AP News | Read More »