By Allison Lampert and Mike Stone (Reuters) – Airbus has called for financial compensation to take on money-losing operations from Spirit AeroSystems, a demand that has emerged as one obstacle to a tie-up deal between the supplier and its main customer Boeing, people familiar with the matter said. Spirit and Airbus executives are holding talks […]
Tag: Compensation
NM congressional delegation pressures House speaker to expand radiation compensation
Apr. 30—New Mexico’s congressional delegation is putting pressure on House Speaker Mike Johnson to pass legislation that would expand the Radiation Exposure Compensation Act, or RECA. A competing Senate bill would extend the federal program without expanding it. RECA is a federal program that provides compensation to people who were exposed to atomic radiation and […]
Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000
Mark Zuckerberg is Meta’s lowest-paid employee—at least on paper. The tech entrepreneur’s base salary for 2023 was a humble $1 dollar, while the median worker at the tech giant took home a staggering $379,000. In comparison, the average tech worker can expect to earn between $35,000 to $120,000 depending on the role, according to Indeed. […]
EFL to seek compensation for clubs after FA Cup replays abolished
The EFL will seek compensation for its clubs over the “frustrating and disappointing” decision to scrap all FA Cup replays from next season. League sources say it was sidelined from the decision, which was announced by the Football Association on Thursday. EFL chief executive Trevor Birch said: “Whilst the league had previously been involved in […]
Kazakhstan’s Compensation Claims Against Kashagan Oil Firms Jump to $150 billion
(Bloomberg) — Kazakhstan has increased its arbitration claims against international oil companies that developed the Kashagan oil field to more than $150 billion, demanding compensation for lost revenue in addition to a dispute over costs, according to people familiar with the matter. Most Read from Bloomberg Kazakhstan’s government was already involved in a $15 billion […]
A woman who suffered a brain injury after a fall lost out on $750,000 compensation after a judge branded her ‘dishonest’
A woman who suffered a brain injury after falling from a pier lost out on $750,000 in compensation. The judge said she had been “thoroughly dishonest” and dismissed her claim. Insurance fraud costs businesses insurers and consumers billions each year A woman who suffered a brain injury after falling from a seaside pier lost out on […]
Oil refinery worker unfairly dismissed after testing positive for alcohol awarded no compensation
A worker at the Whitegate oil refinery in Cork who was unfairly dismissed over the manner in which he was fired after testing positive for alcohol at work is to receive no compensation. The Workplace Relations Commission (WRC) ruled that no award should be made against Irving Oil Whitegate Refinery as the employee, Eddie Desmond, […]
SC Senate considering amendment that would leave less compensation to drunk driving victims
COLUMBIA, S.C. (QUEEN CITY NEWS) — The South Carolina Senate is voting on an amendment to a bill that would cut liability compensation for victims. Senate Bill 533 would only force people to pay for damages they were deemed at fault for by a jury. “I think you should have to pay for the damage that you […]
The ICC prosecutor and government officials are discussing justice and compensation for Ukraine
THE HAGUE, Netherlands (AP) — Ministers and officials from dozens of countries are gathering in the Netherlands on Tuesday for a conference on restoring justice in Ukraine, as the war sparked by Russia’s invasion drags on in its third devastating year. Among speakers will be the chief prosecutor of the International Criminal Court, which has […]
State of Oregon fights Frank Gable over compensation for wrongful conviction, imprisonment
PORTLAND, Ore. (Portland Tribune) — The Oregon Department of Justice is fighting Frank Gable’s request for compensation for being wrongly convicted and imprisoned for killing Oregon Corrections Director Michael Francke. Gable has filed a petition in Marion County Circuit Court seeking $2 million under an Oregon law that allows compensation to individuals who can prove […]
Gary Glitter victim’s compensation claim to return to UK High Court
A victim of Gary Glitter is set to have her compensation claim against the former glam rock singer return to the UK High Court on Wednesday. The woman is suing Glitter, whose real name is Paul Gadd, following his 2015 conviction for abusing her and two other young victims between 1975 and 1980. At a […]
Tribes seek equal status in Colorado River talks, compensation for any forced cuts
Two-thirds of the tribes with lands and water rights in the Colorado River Basin are calling for equal status in developing new river management guidelines and protection of their senior water rights against proposed cuts or caps on developing their water. Leaders from 20 tribes, including eight in Arizona, sent a letter to the U.S. […]