Archive for the ‘Business Stories’ Category

MULALLY OUT-EARNED TOYODA AND GHOSN COMBINED IN 2009

A new report that focuses on automaker chief executive officer compensation has suggested that Ford’s high-profile CEO, Alan Mulally, managed to bring home more compensation in 2009 than both Akio Toyoda and Carlos Ghosn – combined. The report, compiled by Bloomberg, refers only to the executives’ pay as “compensation,” but falls short of differentiating between salary and […]

The Container Store Tries to Make Employees Want to Come to Work in the Morning

Founded in 1978, The Container Store created a new category of retail chains – storage and organization – as its founders Kip Tindell and Garrett Boone found unexpected domestic application for the products of industrial and commercial manufacturers to help people keep in order their household things, save their space and time and finally simplify […]

Raising the Social Security to Age 70

WASHINGTON, June 29 (UPI) — House Minority Leader John Boehner, R-Ohio, says the United States should raise the Social Security retirement age to 70 and limit benefits based on need. In an interview with the Pittsburgh Tribune-Review, Boehner endorsed raising the retirement age to 70 for people who are still 20 years away from retirement and limit benefit payments to […]

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