After ballooning for years, CEO pay growth is finally slowing. The typical compensation package for chief executives who run S&P 500 companies rose just 0.9% last year, to a median of $14.8 million, according to data analyzed for The Associated Press by Equilar. That means half the CEOs ...
A federal appeals court cleared the way for the maker of OxyContin to settle thousands of legal claims tied to the opioid epidemic while shielding the wealthy owners of Purdue Pharma, the Sackler family, from future lawsuits. Under the plan approved Tuesday by the 2nd U.S. Circuit Court of ...
WASHINGTON (AP) — House Republicans pushed debt ceiling talks to the brink on Thursday, displaying risky political bravado in preparing to leave town for the holiday weekend just days before the U.S. could face an unprecedented default hurling the global economy into chaos. However, Speaker ...
WASHINGTON (AP) — House Speaker Kevin McCarthy said Wednesday he was sending Republican negotiators to the White House to finish out debt limit talks, but warned that the two sides are “still far apart” as they try to reach a budget deal with President Joe Biden. McCarthy said he ...
WASHINGTON (AP) — The Supreme Court said Monday it won’t get involved in a dispute over a California animal cruelty law that bars foie gras from being sold in the state, leaving in place a lower court ruling dismissing the case. Foie gras is made from the enlarged livers of force-fed ...
WASHINGTON (AP) — An optimistic President Joe Biden declared Wednesday he is confident the U.S. will avoid an unprecedented and potentially catastrophic debt default, saying talks with congressional Republicans have been productive. He left for a G-7 summit in Japan but planned to return by ...