New GE CEO Larry Culp signs stock-heavy contract worth up to $300 million if shares soar

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New GE CEO Larry Culp signs stock-heavy contract worth up to $300 million if shares soar

General Electric is in dire need of a turnaround. It will pay its new CEO handsomely if he can pull one off. Larry Culp, named GE chairman and CEO on Monday, will receive a compensation package of up to $21 million a year in salary, bonuses and stock …
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Elon Musk's Settlement With The SEC Is A Warning Shot For CEOs

Perhaps the biggest complaint by investors following the 2008 financial crisis was that not a single Wall Street executive was held accountable for their misdeeds.
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US Unemployment Falls to 3.7 Percent _ Lowest Since 1969

The U.S. unemployment rate has fallen to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast.
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Mega Millions lottery: Did you win Friday's $405M drawing? Live results (10/5/2018)

By Jeff Goldman and Chris Sheldon | NJ Advance Media for NJ.com. The Mega Millions jackpot for Friday's lottery drawing has jumped to $405 million with a cash option of $235 million.
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Google CEO quietly met with military leaders at the Pentagon, seeking to smooth tensions over drone AI

Google chief executive Sundar Pichai quietly paid the Pentagon a visit during his trip to Washington last week, seeking to smooth over tensions roughly four months after employee outrage prompted the tech giant to sever a defense contract to analyze …
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