pay

Why Costco’s new pay hike could backfire as union strike looms

Some 18,000 Costco workers might walk off the job on Saturday when their contract expires.Ahead of the deadline, Costco announced pay raises for non-union employees.That move might have unintended consequences, a legal expert told BI.The clock is ticking for Costco to strike a deal with 18,000 unionized warehouse workers threatening…

Amazon agrees to pay M and block sales of skin-lightening creams containing mercury, settling a decadelong lawsuit

Amazon has agreed to block sales of skin-lightening creams containing dangerous amounts of mercury.The agreement settles a decadelong lawsuit brought by the shareholder advocacy group As You Sow.Amazon must comply with California’s Proposition 65, which protects consumers from toxic products.Amazon on Friday settled a decadelong legal battle by agreeing to…

JPMorgan boosts CEO Jamie Dimon’s pay to  million

JPMorgan Chase on Thursday said it raised CEO Jamie Dimon’s pay for 2024.Dimon earned $39 million following a year of record profitability, compared to $36 million in 2023.The disclosure comes as the CEO navigates questions around how long he’ll remain at the helm.JPMorgan Chase on Thursday said it raised CEO…

Judge approves Tesla directors’ deal to end excess pay case By Reuters

By Tom Hals WILMINGTON, Del. (Reuters) – Tesla (NASDAQ:) directors including Chair Robyn Denholm and James Murdoch got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves. The settlement requires Tesla board members…

These states will pay you to build a tiny home in your backyard

Building tiny backyard homes can be expensive. The units can range in cost — from under $100,000 to over $300,000. Three states will help with the cost by providing homeowners with grant money. Here are the programs, how much homeowners can receive, and who is eligible to apply. If you’ve looked into building…

Why Disney was willing to pay up to help launch a new sports streamer

Disney and partners have settled with Fubo to relaunch the Venu sports streaming service.Venu’s launch was delayed due to an antitrust suit filed by Fubo.Disney will merge Hulu + Live with Fubo, creating a major digital TV service.Remember Venu, the sports streaming service co-owned by Disney, Fox, and Warner Bros.…