Gone fishing
US stock markets were shut yesterday in observance of Presidents Day.
In the gravy
John Hogan, chairman and CEO of Clear Channel Media and Entertainment, will receive an added bonus of up to $900,000 this year, according to a regulatory filing made by the radio giant’s parent company.
CEO goodies
DirecTV CEO Mike Smith was awarded a $4 million bonus for 2012 and $1.5 million in stock options for 2013, according to a regulatory filing made by the satellite TV giant.
Boeing vote
Boeing, already struggling with the grounding of its 787 Dreamliner, is facing a possible strike by union engineers, threatening more upheaval as it tries to fix the plane and resume deliveries to customers.
10 days to go
With the clock ticking down to March 1, when across-the-board federal spending cuts are slated to go into effect, equity investors may be starting to consider whether the drastic measure will spark a market correction from multi-year highs.