Finance

Highest Paid CEOs Run Worst Performing Companies

CEOs, businesses, companies, mcsi

A damning new report released by corporate research firm MSCI revealed the highest paid CEOs tend to run the least profitable companies, suggesting executives are not worth their staggering paychecks. Corporate salaries have become a hot-button issue in the United States after an entire generation was mobilized to view successful businessmen in the same vein…

Verizon Buys Yahoo For $4.8 Billion

Verizon, yahoo,

Verizon was declared the winner of a $4.8 billion acquisition of Yahoo as part of the telecommunication giant’s effort to build a new mobile and online advertising powerhouse on Monday. Verizon’s colossal purchase of Yahoo underscores the need for dated platforms to adapt to a modern mobile format. While Yahoo was once regarded as a…