Feature

The bottom line

CEOs of Wall Street's top five earned $3.1 billion; No more golden parachutes; Value of Coca-Cola brand; Google's share price drops; U.S. scooter sales rise

The former top five Wall Street firms—Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns—paid their CEOs a combined $3.1 billion between 2003 and 2007, when the banks were buying up the assets that led three of them to implode.
Bloomberg News

At least 62 CEOs of American corporations have employment contracts that call for them to take pay cuts in hard times or give up golden parachutes if they resign. Compensation experts expect the trend to grow.
The Wall Street Journal

Coca-Cola is the world’s most valuable brand, according to branding consultant Interbrand. Basing its rankings on sales, global reach, and strength of management, Interbrand says the Coca-Cola brand is worth $66.6 billion. IBM and Microsoft rank second and third.
BusinessWeek

The current market mayhem has even hit Google, whose share price this week sank below $400 for the first time in two years. It peaked near $750 last November.
Marketwatch.com

U.S. scooter sales rose 66 percent in the first half of the year, in step with gas prices, as car sales slumped and motorcycle sales were flat. Sales of Piaggio’s scooters, including Vespas, more than doubled each month this summer. Americans used to buy scooters for weekend fun, says Piaggio’s Paolo Timoni, but now it’s “an alternative transportation vehicle.”
CNNmoney.com

Recommended

Pentagon: As many as 80,000 Russian troops killed, injured in Ukraine
Russian President Vladimir Putin.
war in ukraine

Pentagon: As many as 80,000 Russian troops killed, injured in Ukraine

Biden admin announces another $1 billion for Ukraine
Ukrainian soldier with a U.S.-made Javelin
get my purse

Biden admin announces another $1 billion for Ukraine

Israel, Islamic Jihad enact cease-fire after deadly weekend of strikes
Gaza officials inspect building hit by Israeli strike
Peace a chance

Israel, Islamic Jihad enact cease-fire after deadly weekend of strikes

The fallout from Europe's energy crisis
Natural gas storage facility
Picture of Harold MaassHarold Maass

The fallout from Europe's energy crisis

Most Popular

How the U.S. killed Al Qaeda's leader, and no one else, with a flying 'knife bomb'
unmanned aerial vehicle
Briefing

How the U.S. killed Al Qaeda's leader, and no one else, with a flying 'knife bomb'

7 toons about the elections
Political Cartoon
Feature

7 toons about the elections

Major Indiana employers slam new abortion law
Eli Lilly building
the almighty dollar

Major Indiana employers slam new abortion law