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☆ Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
▼ + stars: | 2024-11-13 | by ( Dan Mangan | Dan Mangan Is A Reporter Covering Politics For Cnbc.Com. | ) www.nbcnews.com time to read: +3 min

The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new disclosures. The sale disposed of all of Swider’s Trump Media shares, the filing indicated. Swider controls a company, Renatus Advisors, that still owns 18,043 shares of Trump Media. Glabe, who is also the company’s secretary, still owns 336,576 restricted stock units in Trump Media after that sale. A Trump Media spokeswoman did not immediately respond to CNBC’s request for comment on the stock sales.

Persons: Phillip Juhan, Eric Swider, Scott Glabe, Donald Trump, Bluesky, Trump, Juhan, Swider, Swider’s, Glabe, Scott, Devin Nunes, Nunes ’ RSUs Organizations: Trump Media, Trump Media’s, U.S . Securities, Exchange, Swider’s Trump Media, Renatus Advisors, Glabe, Juhan Locations: DJT

☆ Nvidia employees are getting richer with a 'special Jensen grant' that boosts their stock awards by 25%
▼ + stars: | 2024-04-10 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Nvidia is increasing employee compensation with a stock grant named after CEO Jensen Huang. The "Jensen special grant" awards an additional 25% of the initial stock grant given to employees. The one-off grant is an extra 25% of the initial amount of stock units given to employees when they joined. The grant is in addition to any annual equity refreshers employees get each quarter that are based on individual performance. One person suggested the special Jensen grant is being handed out to ensure employees still benefit even if the share price falls back in the coming years.

Persons: Jensen Huang, Jensen, —, Jensen Huang —, Huang, Jeremy Siegel Organizations: Nvidia, Service, Bloomberg, Microsoft, Apple

☆ Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’
▼ + stars: | 2024-01-29 | by ( Jordyn Holman | ) www.nytimes.com time to read: 1 min

Walmart, the nation’s largest private employer, is raising salaries and benefits for store managers as it looks for ways to retain them. Walmart said on Monday that managers of its U.S. stores would be eligible for grants of up to $20,000 in company stock every year. The announcement came a few weeks after Walmart said it would increase the average salary for store managers to $128,000, up from $117,000. The big-box retailer also said bonuses for store managers could reach up to 200 percent of base salary, with a store’s profitability becoming a bigger factor in the calculation. Store managers are crucial in driving sales and profitability within their stores and keeping morale high in a dynamic business.

Organizations: Walmart

Walmart said it hasn't made any changes to store managers' pay structure in more than a decade. U.S. managers of the sprawling supercenters, which run about 180,000 square feet, will receive $20,000 in stock grants. Walmart said the stock grants will vest over a three-year period, with ownership for one-twelfth of the grant total coming every quarter. The new starting annual base salary for U.S. store managers will range from $90,000 to $170,000. That means that the average base pay for store leaders will go to $128,000 from $117,000, according to Cedric Clark, executive vice president of store operations at Walmart’s U.S. division.

Persons: hasn't, ”, John Furner, Furner, Cedric Clark Organizations: Walmart, U.S, Hometown, Walmart U.S, Walmart’s U.S Locations: Bentonville , Arkansas, U.S

☆ Dwayne ‘The Rock’ Johnson scores mega payday to join the WWE’s board
▼ + stars: | 2024-01-23 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

He also secures full ownership of his stage name, “The Rock,” as part of the deal. I’ve been there, I’m still there and this is for them.”The TKO board now has 13 members, following Tuesday’s appointment of Groupon co-founder Brad Keywell as well. “Very few people on the planet understand the convergence of sports, entertainment, media, and business like Rock,” Vince McMahon, executive chairman of TKO’s board said. The show will begin streaming live January 2025. WWE had an early foray into the streaming business but largely failed to win enough subscribers to support itself.

Persons: New York CNN — Dwayne “, ” Johnson, , Johnson, Johnson’s, I’ve, I’m, Groupon, Brad Keywell, ” Vince McMahon, ”, Mark Shapiro Organizations: New, New York CNN, Holdings, WWE, UFC, Netflix, ZOA Energy, Seven Bucks, United Football League, World Wrestling Entertainment, Endeavor Group, Endeavor, Comcast’s USA, NBC Locations: New York

☆ One Medical employees are furious that Amazon is changing their compensation plan, leaked messages show
▼ + stars: | 2023-12-05 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

Just nine months after closing its deal to acquire One Medical, Amazon is exerting more control over the primary care provider's employee pay. Prior to the Amazon acquisition, One Medical gave stock grants without baking in any growth assumptions. Like One Medical, Amazon reinforces this through its competitive total compensation program which, for corporate employees, typically includes base pay and restricted stock units (RSUs). As One Medical is now part of Amazon and can no longer grant employees One Medical stock, we are transitioning employees to Amazon's stock-based compensation model. Amazon's pay policy has long been a source of frustration for many employees.

Persons: Christine Morehead, Morehead, Dawn Brun, Slack Organizations: Business, Medical, BI, Amazon, Amazon's

☆ MLB roundup: Ronald Acuna Jr. joins 40/40 club in Braves' win
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +13 min

Drury and Stefanic each had two hits for Los Angeles, which suffered its eighth loss in the last nine games. Giants 5, Dodgers 1Sean Manaea did not allow a run over a season-high seven innings and visiting San Francisco picked up a much-needed victory, beating Los Angeles. Machado's sixth multi-homer game of the season gave him 30 home runs on the season. Trevor Story collected three of Boston's seven hits. Phillies starter Taijuan Walker gave up five hits and two runs with four strikeouts and one walk in six innings.

Persons: Ronald Acuna Jr, Amber Searls, Austin Riley, Marcell Ozuna, Riley, Acuna, Riley's, Charlie Morton, Michael Tonkin, Alex Kirilloff, Pablo Lopez, Kyle Farmer, Willi Castro, Jorge Polanco, Michael A, Taylor, Max Kepler, Lopez, Jared Walsh, Logan O'Hoppe, Nolan Schanuel, Drury, Stefanic, Sean Manaea, Francisco, Mike Yastrzemski, Thairo Estrada, Tyler Fitzgerald, San Francisco, Freddie Freeman, Freeman, Manny Machado, Louis, Machado's, Matthew Liberatore, Juan Soto, Machado, Paul Goldschmidt, Jordan, Luis Garcia, Garcia, Richie Palacios, Robert Suarez, Michael Siani, Jose Fermin, Shea Langeliers, Ken Waldichuk, Esteury Ruiz, Carson Kelly, Will Vest, Brent Rooker's, David Fry, Aaron Hicks, Cleveland, Yennier Cano, Emmanuel Clase, Kole Calhoun, Will Brennan, Jose Ramirez, Josh Naylor, Myles Straw, Gimenez, Anthony Santander, Gunnar Henderson, Ramon Urias, Aaron Judge, Judge, Brandon Pfaadt, Slade Cecconi, Jameson Taillon, Seiya Suzuki, Taillon, Elias Diaz, Chris Bassitt, Tampa Bay's Zach Eflin, Daulton Varsho, George Springer, Jordan Romano, Josh Donaldson, Christian Yelich, Yelich, Evan Carter slugged, Corey Seager, Mitch Garver, Dane Dunning, Cal Raleigh, Seattle's Bryce Miller, Cole Ragans, Chas McCormick, Masataka Yoshida's, Yoshida's, Rafael Devers, Adam Duvall's, Ceddanne Rafaela, Trevor Story, Devers, Mauricio Llovera, Chris Martin, David Bednar, Noelvi Marte, Ke'Bryan Hayes, Henry Davis, Jared Triolo, Endy Rodriguez, Alec Bohm, Adam Ottavino, Trea Turner, Bohm, Realmuto, Kyle Schwarber, Schwarber, Nick Castellanos, Taijuan Walker, Francisco Lindor, Brett Baty, Pete Alonso Organizations: District of Columbia, Atlanta Braves, Washington Nationals, Nationals, National League East, Braves, Atlanta, Sunday, Angels, Minnesota, American League Central, AL Central, Twins, Los, Giants, Dodgers, San, National League, NL, Padres, Cardinals, San Diego, Dakota Hudson, Athletics, Tigers, Oakland, Detroit, Orioles, Cleveland, Baltimore, Guardians, American League East, Tampa Bay Rays, Yankees, Diamondbacks, New York, Arizona, Washington, The Diamondbacks, Cubs, Rockies, Chicago, Pittsburgh Pirates, Colorado, Blue Jays, Rays, American League, Tampa Bay, Tampa, AL, Brewers, Marlins, Milwaukee, Miami, National League Central, Rangers, Mariners, Seattle, American League West, Houston Astros, Texas, Cal, Toronto Blue Jays, Royals, Astros, Kansas City, Houston, Texas Rangers, Houston . Red Sox, White Sox, Boston Red Sox, Chicago White Sox, Red Sox, Boston, Pirates, Reds, Pittsburgh, Cincinnati, The Pirates, The Reds, Chicago Cubs, Phillies, Mets, Philadelphia, Thomson Locations: Washington, District, USA, Los Angeles, Minneapolis, New, Arizona, Chicago, Colorado, Toronto, St . Petersburg, Fla, Bassitt, Texas, Arlington , Texas, Seattle, Houston

☆ Tigers' Reese Olson aims to maintain mastery of Twins
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

August 16 - The American League Central-leading Minnesota Twins will try to complete a two-game series sweep of the Tigers on Wednesday afternoon in Minneapolis. Olson is just 2-5 with a 4.45 ERA in 13 career games (10 starts) but has handled the Twins easily. The homer to right-center off reliever Will Vest was Wallner's ninth of the season and his first major league grand slam. It was the longest grand slam hit by a Twin during the Statcast era (since 2015). Wallner's grand slam took some of the spotlight away from Detroit's Miguel Cabrera.

Persons: Reese Olson, Olson, Rocco Baldelli, Baldelli, Kenta Maeda, Maeda, Riley Greene, Matt Wallner, Will Vest, Wallner, Detroit's Miguel Cabrera, Cabrera, Gary Sheffield, Mel Ott Organizations: American League Central, Minnesota Twins, Tigers, Detroit, Minnesota, Twins, Thomson Locations: Minneapolis, Detroit, Minnesota, Wallner, Forest Lake, Minn

☆ ESPN launches sportsbook in partnership with Penn Entertainment
▼ + stars: | 2023-08-08 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Disney 's ESPN is launching a betting sportsbook, putting the sports entertainment unit deeper into the wagering world. U.S. gambling company Penn Entertainment said it is partnering with ESPN to rebrand and relaunch its sportsbook as ESPN Bet. ESPN Bet will take over Penn's Barstool Sportsbook and become ESPN's exclusive operation. As part of the deal, Penn will pay ESPN $1.5 billion in cash over the 10-year period. Correction: Penn Entertainment reported in February that its sports-betting business turned a profit in the final three months of the fiscal year.

Persons: Bob Chapek, Bob Iger, David Portnoy, Penn, Portnoy, — CNBC's Alex Sherman Organizations: Disney, ESPN, Penn Entertainment, ESPN Bet, Hulu, CNBC, Penn, Sports, Barstool Locations: U.S

☆ MLB roundup: Angels clip White Sox on walk-off wild pitch
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +5 min

Detmers gave up one run on two hits in seven innings, while Cease allowed one run on five hits in six-plus innings. Spencer Strider (9-2) pitched seven innings and allowed one run on three hits while fanning 10. Sonny Gray (4-2) pitched 6 2/3 innings and allowed three runs -- matching his season high -- on seven hits. Castillo (5-6), who lost his previous four starts and last won May 27, allowed runs in each of the first three innings before settling in. He gave up three runs (two earned) on seven hits, with one walk and seven strikeouts.

Persons: Shohei Ohtani, Taylor Ward, Matt Thaiss, Mickey Moniak, Mike Trout, Mike, Read, Aaron Bummer's, Mike Moustakas, Yasmani, Trout, Reynaldo Lopez, Carlos Estevez, Lopez, Reid Detmers, Dylan, Detmers, Luis Robert Jr, homering, Shohei, Matthew Boyd, Will Vest, Boyd, Vest, Mason Englert, Andy Ibanez's, Andrew Heaney, Heaney, Marcus Semien, Adolis Garcia, Austin Hays, Spencer Steer, Bruce Zimmermann, Brandon Williamson, Colin Rea, Joey Wiemer, Francisco Lindor lofted, Rea, Justin Verlander, Drew Smith, Ozuna, Ronald Acuna Jr, Spencer Strider, Strider, Sonny Gray, Luis Castillo, Castillo, J.P . Crawford, Eugenio Suarez, Lane Thomas, Dominic Smith Organizations: Los Angeles Angels, Chicago White Sox, White Sox, Angels, Los Angeles, Tigers, Rangers, Detroit, Texas, Orioles, Reds, Baltimore, Cincinnati, Brewers, Mets, Milwaukee, Braves, Atlanta, Minnesota, National League East, American League Central, Mariners, Nationals, Seattle, Washington, Thomson Locations: Anaheim , California, USA, Anaheim , Calif, White, Chicago, Arlington , Texas, Texas, Baltimore, New York

☆ MLB roundup: Red Sox thrash Yankees 15-5
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +11 min

Turner went 3-for-5 with a two-run homer and a grand slam as Boston compiled a season-high 17 hits. Domingo German (4-4) was charged with seven hits and seven runs over two-plus innings. He followed it with a two-run homer in the third for his seventh career multi-homer game. He allowed Oakland's lone run in the third and yielded seven hits while striking out eight without issuing a walk. Twins starter Joe Ryan (7-4) allowed six runs and seven hits in seven innings.

Persons: Justin Turner, Rob Refsnyder, Paul Rutherford, Masataka Yoshida, Turner, Tanner Houck, Joe Jacques, Josh Donaldson, Anthony Rizzo, Domingo German, Brandon Crawford, Wilmer Flores, San Francisco, Austin Slater, Taylor Rogers, Jakob Junis, Emmet Sheehan, Alex Vesia, Andrew Abbott, Tyler Stephenson, Abbott, Stephenson, Miguel Amaya, Dansby Swanson, Christopher Morel, Morel, Nico Hoerner, Trey Mancini, Kyle Hendricks, Austin Hays, Ryan O'Hearn, Shane McClanahan, Randy Arozarena, McClanahan, Nelson Cruz, Isaac Paredes, Yu Darvish, Danny Jansen, Kevin Gausman, Jansen, Leody Taveras, Martin Perez, Luis Arraez, Arraez, Andrew Nardi, Puk, Lane Thomas, Jeimer Candelario, Carl Edwards Jr, NL Cy Young, Sandy Alcantara, Tylor Megill, Louis, Brett Baty, Tommy Pham, Daniel Vogelbach, Willson Contreras, Miles Mikolas, Travis d'Arnaud, Jared Shuster, d'Arnaud, Eddie Rosario, Joey Wiemer, Blake Perkins, Julio Teheran, Devin Williams, Jason Delay, Carlos Santana, Ke'Bryan Hayes, Rich Hill, Patrick Sandoval, Sandoval, Brandon Drury, Shohei Ohtani, Sam Bachman, Brady Singer, Kyle Schwarber, Taijuan Walker, Realmuto, Alec Bohm, Walker, Bryce Harper, Javier Baez, Matt Vierling, Mason Englert, Will Vest, Alex Kirilloff, Donovan Solano, Edouard Julien, Joe Ryan, Zac Gallen, Ketel Marte, Corbin Carroll, Christian Walker, Jose Ramirez, Triston McKenzie, Touki Toussaint, Teoscar Hernandez, Ty France, Matt Brash, Paul Sewald, Gavin Sheets, Andrew Benintendi, Tanner Banks, Hernandez's Organizations: Boston Red Sox, New York Yankees, Fenway, USA, Boston, Red Sox, New, Giants, Dodgers, San, Los, Reds, Astros, Cincinnati, Houston, Cubs, Orioles, Chicago, Baltimore, Rays, Padres, Tampa Bay, San Diego, Blue Jays, Rangers, Toronto, Marlins, Nationals, Miami, Washington, NL Cy, Mets, Cardinals, St, Braves, Rockies, Atlanta, Colorado, The Braves, Brewers, Pirates, Milwaukee, Pittsburgh, The Pirates, Royals, Angeles, Kansas City, Angels, Phillies, Athletics, Philadelphia, Oakland, JP Sears, Tigers, Minnesota, Twins, Diamondbacks, Arizona, Cleveland, Guardians, Mariners, White Sox, Seattle, Thomson Locations: Boston , Massachusetts, USA, New York, Los Angeles, France, San, Arlington , Texas, Toronto, Detroit, Minnesota, Minneapolis, Phoenix, Gallen

☆ MLB roundup: Marlins rally to beat Josh Hader, Padres
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +10 min

With the Marlins trailing 1-0 entering the ninth, Yuli Gurriel worked a walk against Hader (0-1), who has 13 saves this season. Starter Dane Dunning (4-1) gave up three runs and seven hits in five-plus innings with six strikeouts and one walk. Dodgers right-hander Noah Syndergaard gave up five runs on seven hits in five innings, including three home runs. Diamondbacks 6, Rockies 0Tommy Henry tossed seven innings of two-hit ball, Christian Walker homered and Arizona beat Colorado in Phoenix. Atlanta had seven hits in the series finale, with Orlando Arcia getting three and scoring twice.

Persons: Nick Fortes, Rich Storry, Jean Segura, Josh Hader, Yuli Gurriel, Gurriel, Joey Wendle's, Segura, Xander Bogaerts, Diego's Blake Snell, Gary Sanchez slugged, Braxton Garrett, hasn't, Cal Raleigh, Jose Caballero, Ron Marinaccio, Justin Topa, George Kirby, York's Clarke Schmidt, Ohtani, Mike Trout, Taylor Ward, Chad Wallach's, Jaime Barria, Andrew Vaughn, Yasmani Grandal, Clint Frazier's, Jake Burger, Hanser Alberto, Jake Marisnick, Riley Greene, Will Vest, Alex Lange, Nathaniel Lowe, Dane Dunning, Brandon Lowe, Jose Siri, Lowe, Mark Leiter Jr, Taylor Walls, Siri, Leiter, Justin Steele, Luis Garcia, Keibert Ruiz, CJ Abrams, Jeimer Candelario, Joey Meneses, Mookie Betts, Will Smith, Noah Syndergaard, Abraham Toro, Owen Miller, Julio Teheran, Matt Chapman, Manoah, Spencer Steer, Josh Winckowski, Kevin Newman, Newman, Matt McLain, Nick Senzel, Alex Verdugo, Masataka Yoshida, Yoshida, Enmanuel Valdez, Tommy Henry, Christian Walker, Pavin Smith, Corbin Carroll, Jake McCarthy, Nolan Jones, Brenton Doyle, Alan Trejo, Josh Naylor, Naylor, Andres Gimenez, Adley Rutschman, Anthony Santander, Arias, Xzavion Curry, Ronald Acuna Jr, Acuna, Orlando Arcia, Jared Shuster, James Kaprielian, Andrew McCutchen, Connor Joe, Bryan Reynolds, Ji Hwan Bae, Mitch Keller, Patrick Bailey, Wilmer Flores, Alex Wood, McCutchen, Rodolfo Castro, Ke'Bryan Hayes, Carlos Carrasco, Mark Canha, Edmundo Sosa's, Brandon Marsh, Bryson Stott, Kody Clemens, Bryce Harper, Aaron Nola, Louie Varland, Donovan Solano, Ryan Jeffers, Willi Castro, Hunter Brown, Jake Meyers, Yainer Diaz, Jorge Lopez Organizations: Miami Marlins, gatorade, San Diego Padres, loanDepot, Marlins, Diego, Mariners, Yankees, Cal, Seattle, White Sox, Chicago, Tigers, Rangers, Chicago White Sox, Detroit, Texas, Cubs, Tampa Bay, Rays, Dodgers, Washington, Nationals, Brewers, Blue Jays, Milwaukee, Toronto, Reds, Red Sox, Boston, Diamondbacks, Rockies, Arizona, Colorado, Orioles, Baltimore, Braves, Athletics, Atlanta, Oakland, Orlando, Pirates, Giants, The Pirates, San, Mets, Phillies, York, Philadelphia, Astros, Minnesota, Houston, Twins, Thomson Locations: Miami , Florida, USA, New York, Rye, N.Y, Los Angeles, Tampa, Cincinnati, Phoenix, Arizona, Cleveland, Pittsburgh, San Francisco

☆ Banks are all-in on AI, but there's one problem: They can't hold on to the talent. Here's why.
▼ + stars: | 2023-05-23 | by ( Paige Hagy | Bianca Chan | ) www.businessinsider.com time to read: +9 min

Big banks are hiring a lot of AI talent, but are having a tough time holding on to it. The difficulty banks have retaining AI talent, however, isn't due to poaching among peers. Banks can lure in AI talentIt's true that big banks have the wherewithal to hire and capitalize on top AI talent and are attractive at the outset to those looking for a new shop. "The AI talent coming to the financial-services industry is almost like supporting the tech talent, if you will," Hirsch said. Big Tech has its own problems right nowTo be sure, banks are snagging from Big Tech too.

☆ Read the Q&A guideline Amazon shares with managers on how to answer pay-related questions from employees
▼ + stars: | 2023-04-18 | by ( Eugene Kim | ) www.businessinsider.com time to read: +23 min

To prepare managers to discuss pay with employees, Amazon shares a lengthy Q&A guideline that addresses some of the most pressing questions, according to internal documents obtained by Insider. This includes base pay, variable pay, other cash, and equity in the form of Restricted Stock Units (RSUs) or stock. A: We plan employee's total compensation in outlook years. Q: Why am I positioned at XX in my pay range and how can I increase my pay? Clearly and directly explain the reason there was no base pay increase:"Employee A, you are at the base pay max."

Calhoun was Boeing chairman and then became CEO in January 2020 after the board fired Dennis Muilenburg. In 2021, the board approved a long-term incentive award target of $16 million. In April 2021, Boeing extended its required retirement age of 65 to 70 to allow Calhoun to stay in the top job. The award to Calhoun comes just weeks after Boeing reported its first yearly positive cash flow since 2018. Boeing hopes to increase cash flow from $2.3 billion in 2022 to between $3 billion and $5 billion in 2023.

☆ More than 500 Salesforce employees wrote to execs demanding layoff answers. Read the leaked messages showing how management responded.
▼ + stars: | 2023-01-24 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

Salesforce appeared to have responded to employees' questions through a Q&A titled "Top Questions from Employees," posted to an internal Slack channel by Salesforce executive vice president of employee communications and engagement Jill Unikel. Are you a Salesforce employee or do you have insight to share? SELECTION CRITERIAQuestion: What criteria was used to decide who was in the 10% of employees affected? If an affected employee finds a new role internally before their termination date, they will remain a Salesforce employee and not receive their communicated severance. BENEFITS FOR AFFECTED EMPLOYEESQuestion: Did affected employee receive benefits included in their severance?

☆ Burger King parent taps ex-Domino's CEO as executive chairman
▼ + stars: | 2022-11-16 | by ( Hilary Russ | ) www.reuters.com time to read: +2 min

Its share price surged from $12 in 2010, when he took over as CEO, to $271 when he left in 2018. RBI's share price closed at $59.74 on Tuesday, roughly flat from where it was five years ago. Behring and Schwartz are co-managing partners of 3G Capital Partners Ltd, which owns 29% of RBI's shares. Doyle agreed to buy 500,000 shares worth about $30 million and to hold them for five years, subject to regulatory approvals. He will also get 750,000 performance share units that pay out if he hits certain performance criteria.

☆ Burger King owner Restaurant Brands taps former Domino's CEO Patrick Doyle as chair
▼ + stars: | 2022-11-16 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Restaurant Brands International announced Wednesday that it is tapping former Domino's Pizza CEO Patrick Doyle as its executive chair. Doyle's appointment comes as Restaurant Brands tries to turn around Burger King's U.S. business. The Brazilian private equity firm took Burger King private in 2010, merged it with Tim Hortons in 2014 and named the new company Restaurant Brands International. To receive the performance share units, Restaurant Brands' stock will have to compound annually at least 6%, with the payout increasing if shares rise 10% and 15% annually. After leaving Domino's, Doyle joined the Carlyle Group as an executive partner focused on acquisitions.

☆ Twitter under Elon Musk has promised employees that their stock will vest on schedule and to expect a payout soon
▼ + stars: | 2022-11-01 | by ( Kali Hays | ) www.businessinsider.com time to read: +2 min

Musk appears to be readying payouts of vested employee stock as he is contractually obligated to do. Under the terms of his deal to buy Twitter, Musk cannot change the vesting schedule for one year. Elon Musk appeared to be making good on a scheduled payout of their stock in the company. Since Twitter is now a private company, controlled by Musk, employee shares are set to continue to vest but be paid out automatically in cash. Are you a Twitter employee or someone with insight to share?

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