Moses Milkman

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Apple CEO Docked His Own Pay By $4 Million

Apple CEO Tim Cook took a $4 million pay cut this year, after he urged the company’s board of directors to link half of his stock grants — which make …

Report: Bloomberg spent $650 million of own money on being mayor

The New York Times reports that outgoing three-term New York Mayor Michael Bloomberg (I) spent at least $650 million of his personal fortune on being mayor -- from his campaigns to flying around on a private plane.<p>Bloomberg takes a salary of just $1 and spends his own money on many expenses of the …

Veteran Microsoft Engineer Jon DeVaan Leaving After Almost 30 Years

Jon DeVaan, a Microsoft engineer and executive who has spent the better part of three decades at the company, is set to leave the software giant on …

Steve Ballmer

Thousands apply for flight attendant jobs at Southwest

One of the most coveted jobs in the airline industry these days appears to be that of a flight attendant.<p>Southwest Airlines recently put out the call for 750 flight attendants. More than 10,000 people submitted résumés in about two hours, according to Bloomberg.<p>The Dallas-based company has not …

Venezuela's Inflation Rate Is 56%

The national consumer price index decelerated from 5.1 percent in October to 4.8 percent in November and 2.2 percent in December, the central bank said in a report that was 20 days late.<p>President Nicolas Maduro said the figures led to annual inflation of 56.2 percent -- the highest in Latin America …

Venezuela

Gold just had its worst year since 1981

Alas, it seems like gold bugs have given up on the arrival of the long-awaited, Weimar-style hyper-inflation in US.<p>The dawning realization has sent futures prices for the precious metal down a bit more than 28% this year, to just above $1,200 per troy ounce. And that’s made it one of the worst …

Economics

Canadian firm Bombardier sells 10 jets for $259m

<b>Canadian aerospace manufacturer Bombardier has announced it has sold 10 Challenger jets for $259m (£157m) to an anonymous buyer.</b><p>This was the second order in a week for the firm.<p>The previous order, worth a little over $280m, was for five Challenger 300s and five Challenger 605 jets.<p>Bombardier is one …

Aviation

HP Announces Another 5,000 Layoffs, For A Total Of 34,000

And that was an increase from the 27,000 jobs it announced in May 2012, as first reported by Business Insider.<p>In HP's previous quarterly earnings reports filed with the SEC, it warned investors that the company might get rid of more than 29,000 employees.<p>In its annual report filed on Monday, it …