(Reuters) - Alternative asset manager Blackstone (NYSE:BX)’s CEO Steve Schwarzman collected over $1 billion in pay and dividends last year, Bloomberg News reported on Friday.The company paid $84 million to Schwarzman for 2024, including a base salary of $350,000, it said in a regulatory filing. He earned $916 million in dividends, according to the Bloomberg News report.A key figure in private eq ...
By Idrees Ali and Phil StewartWASHINGTON (Reuters) -U.S. Army Lieutenant General Telita Crosland, the head of the military’s health agency and one of the most senior Black female officers in the Army, was forced to retire on Friday, two sources told Reuters.The move comes just a week after President Donald Trump fired the chairman of the Joint Chiefs of Staff and other senior officers, in an unp ...
By Ross Kerber(Reuters) - State Street (NYSE:STT)’s asset management unit on Friday dropped targets for the number of women and minority directors who should serve on corporate boards, according to new proxy voting guidance posted on its website.The changes were in line with those of other major asset managers under political pressure, shifts likely to slow the pace at which boardrooms add dir ...
SYDNEY (Reuters) - Australian Prime Minister Anthony Albanese said on Saturday that his government would temporarily halt tax hikes on draught beer, amid sagging popularity for the governing Labor Party ahead of a general election due by May.Australia is one of the world’s wealthiest countries per capita and one of its highest-spending on alcohol per capita. Its centre-left government, lagging t ...