Corbat’s total compensation included a base salary of $1.5 million plus cash bonuses of about $6.75 million, equity awards of nearly $7.9 million, and a long-term performance based pay worth $7.9 million. (bit.ly/2uPC4Jd)
* Speeches by senators, which are limited to no more than 10 minutes and began on Monday, continue. Chief Justice John Roberts will not preside, as the Senate technically is hearing these speeches in a regular session and not a special impeachment trial session.
Here are some quotes from the closing arguments:
On Wednesday the Senate is scheduled to wrap up a two-week impeachment trial and vote to either acquit or convict Trump on charges leveled by the Democratic-controlled House of Representatives that the Republican president abused his powers and obstructed Congress’ investigation of his dealings with Ukraine.
The deal could value the broadcaster between $8 billion and $10 billion, the source said, adding there was no certainty that a deal would be reached.
SEC Commissioner Elad Roisman, the lead commissioner on the agency’s long-awaited proxy proposal that seeks to change how investors hold companies accountable, said that he is “open to changing his mind” on the direction of the corporate governance measure, but after addressing what he sees as unhelpful comments.
Allianz GI, which manages 557 billion euros ($605.18 billion) as part of insurer Allianz (ALVG.DE), said it had updated its Global Corporate Governance Guidelines and would push companies to do more to manage what it said was a critical risk.
“We will enter the first talks soon with the European works council,” Airbus Defence and Space chief Dirk Hoke told Reuters in an interview cleared for publication on Saturday, adding that negotiations would then take place at national level.
Airbus also said it hoped Washington would change position once the World Trade Organization authorizes the EU to impose tariffs on Boeing aircraft, including the 737 MAX, 787 and 777 aircraft in May or June.
The U.S. Trade Representative’s Office said it remained open to reaching a negotiated settlement with the EU on the issue, but could revise its actions if the EU imposed tariffs of its own in connection with a pair of disputes over the subsidies.
The European planemaker said it would continue discussions with its U.S. customers to “mitigate effects of tariffs insofar as possible” and hoped the U.S. Trade Representative’s office would change its position.
The World Trade Organization has found the world’s two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004 and is expected to allow both sides to impose tariffs, starting with the United States.