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U.S. markets recover from steep losses
ATLANTA, April 6 (UPI) -- Atlanta-based Coca-Cola Co. plans to tie directors' pay to changes in share price.
If earnings per share do not rise fast enough over a three-year period, directors will receive nothing, the Wall Street Journal said Thursday. But if earnings perform as expected, directors will get a nice raise.
The beverage giant's largest shareholder liked the move.
"I can't think of anything else that more directly aligns director interests with shareholder interests," said Warren Buffet. "As a shareholder, I love it."
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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