Anadarko's CEO gets a $98 million golden parachute after sale

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Anadarko's CEO gets a $98 million golden parachute after sale

Anadarko Petroleum Corp. Chief Executive Officer Al Walker will receive a golden parachute worth $98 million following the oil producer’s $38 billion sale to U.S. rival Occidental Petroleum Corp. The payout is part of $300 million to be shared among six …
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Millennial Online Fashion Retailer Revolve Trending in Wall Street Debut

California-based, millennial-focused online fashion retailer Revolve Group Inc.’s stock jumped Friday in its trading debut, after raising $212 million in its initial public offering. Selling on the New York Stock Exchange under the symbol RVLV, shares quickly …
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President Spoke With Fed Chairman Amid Public Campaign for Lower Rates

WASHINGTON—President Trump spoke with Federal Reserve Chairman Jerome Powell by phone in April during a period in which the White House escalated pressure on the central bank to keep interest rates low. The central bank disclosed the April 11 call …
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RBI relaxes stressed asset norms

MUMBAI: The Reserve Bank of India (RBI) on Friday issued a new prudential framework for resolution of stressed assets, effectively replacing its controversial 12 February 2018 circular with a mixed bag of norms applying to a wider class of lenders.
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Kraft Heinz Concludes Internal Investigation Into Accounting Errors

… report to the Securities and Exchange Commission that it had withheld during an investigation into what it said were years of accounting errors.
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