The government has so far paid Emergent BioSolutions $271 million, even though American regulators have yet to clear a single dose of vaccine produced at its manufacturing plant in Baltimore.
Some cultural institutions own apartments for their leaders to use. The Brooklyn Academy of Music decided to help its last leader buy one with a bonus of $968,000.
Booming business during the pandemic hasn’t always meant better wages, and they have largely been left off vaccine priority lists.
Some corporate bosses who received stock awards this year are sitting on gains of millions of dollars.
Inside information and influence with the clerks’ former bosses may figure in the transactions, a new study suggests.
Some corporate bosses offered to cut their pay, but most did not. Those who did gave up less than 10 percent of what they received last year.
Only a small number of large companies have tied executive compensation to goals for hiring and promotion of workers from underrepresented groups.
Since the 1980s, profit-sharing has declined. It deserves to make a comeback.
Corporate boards are handing out millions to top executives before their companies seek bankruptcy protection, and courts can’t do much about it.