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HP awards new CEO Whitman with $16.5M pay package
Hewlett-Packard Co. ushered in Meg Whitman as its CEO with a $16.5 million compensation package that hinges on the one-time politician's ability to lift the stumbling technology company's stock price during the next two years.Last year's pay consists almost entirely of 1.9 million stock options valued at $16.1 million, according to documents filed Friday. Whether Whitman ever gets an opportunity to

Viacom CEO Dauman's pay drops to $43M in 2011

Viacom Inc.'s Philippe Dauman led the list of America's top-paid CEOs in 2010 but his pay package for 2011 was nearly halved, mainly because he didn't get stock bonuses for renewing his contract

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Starbucks CEO paid $16 million in 2011 fiscal year
Starbucks CEO Howard Schultz was given a pay package worth roughly $16 million in the company's 2011 fiscal year.

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Costa Concordia owner offers $14,460 as compensation to each survivor

New York: The owner of Costa Concordia has offered a flat 14,460 dollars in compensation to all uninjured survivors aboard its cruise ship that ran aground off the Italian coast two weeks

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Bhopal gas tragedy survivors sit-in to move to Delhi
The survivors of the Bhopal gas tragedy Friday suspended their 18-day sit-in here to protest inadequate compensation and announced they would soon shift it to Delhi.

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Naveen promises 'extremely strong' action in Dalit rape case

Bhubaneswar: Odisha Chief minister Naveen Patnaik on Tuesday said "extremely strong" action will be taken against those found guilty in the alleged rape of a Dalit girl at Pipili in Puri district.

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