Legal & Regulatory
Amazon Skips Cash Pay Hikes for Senior Employees This Year
Amazon announced on Wednesday that its senior employees will not get a cash pay raise this year. Amazon revealed on Wednesday that its senior employees, whose compensation predominantly comprises stock-related awards, will not get a cash pay raise this year.
Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement
Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.
Sega of America Union Workers Secure Pay Increase, Other Benefits in Landmark Contract Ratification
Sega of America's gaming workers secure landmark union contract with AEGIS-CWA, featuring pay raises, job protections, and credit commitments, setting a precedent in the industry labor rights movement.
Billionaire Tech Founder Betrays Longtime Colleague With Insider Trading Deal That Scored Him $415,000 in Profit: SEC
The US Securities and Exchange Commission (SEC) said Andreas "Andy" Bechtolsheim, the co-founder of Sun Microsystems and an early investor in Google, has settled insider trading charges against him that will cost him almost $1 million.