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Suit Against Twitter Over Unpaid Bonuses Gets Go-Ahead From Judge

Bonuses Compensation for Damages (Law) Decisions and Verdicts Mark Schobinger Musk, Elon Social Media Twitter

Suit Against Twitter Over Unpaid Bonuses Gets Go-Ahead From Judge

More than $5 million in bonuses were orally promised but never paid, according to the suit. A judge denied the company’s motion to dismiss the case.

By Johnny Diaz

Netflix Shareholders Vote to Reject Executive Pay Packages

Bonuses Executive Compensation Hastings, Reed Netflix Inc Peters, Greg (Media Executive) Sarandos, Ted Shareholder Rights and Activism Strikes Television Writing and Writers

Netflix Shareholders Vote to Reject Executive Pay Packages

The vote, after the union representing striking writers urged opposition, can be overruled by the streaming giant’s board of directors.

By Nicole Sperling

Banker Bonuses Drop 26% on Wall Street As Deal-Making Cools

Banking and Financial Institutions Bonuses DiNapoli, Thomas P Office of the Comptroller (NYS)

Banker Bonuses Drop 26% on Wall Street As Deal-Making Cools

The bumper payouts earlier in the pandemic have waned, as banks cut costs and worries about financial stability loom over markets.

By Lauren Hirsch

For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust

Banking and Financial Institutions Bonuses Executive Compensation Goldman Sachs Group Inc Jefferies Group Inc JPMorgan Chase & Company Layoffs and Job Reductions Recession and Depression Two Thousand Twenty Three Two Thousand Twenty Two United States Economy

For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust

There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.

By Maureen Farrell Lauren Hirsch and Anupreeta Das