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Last Updated May 23, 2017 10:22PM

New York • The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for …

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  • CFO of ‘Soup Nazi’-inspired company indicted on tax charges
    New York • The chief financial officer for a company licensing recipes from the real-life chef who inspired the “Soup Nazi” character on “Seinfeld” ha...
    Updated May 23 2017 02:54 pm   |     |   Share
  • FILE - In this Monday, May 22, 2017, file photo, Jim Hackett speaks after being introduced as Ford Motor Company CEO, in Dearborn, Mich. Hackett revealed a little about his plans, and a lot about himself, when he talked to media after his appointment. ’The number one vehicle in the world is built by Ford Motor Company, and that’s not lost on me,’ said Hackett. (AP Photo/Paul Sancya, File) Ford’s new CEO promises a fit — but fun — company
    Dearborn, Michigan • Ford’s new CEO, Jim Hackett, revealed a little about his plans — and a lot about himself — when he talked to media after his appo...
    Updated May 23 2017 02:51 pm   |     |   Share
  • FILE - This Jan. 19, 2012 file photo shows a Broadway street in Times Square, in New York. The Broadway League, the national trade association for the Broadway industry, said Tuesday that box offices reported a record total gross of $1.45 billion _ up from $1.37 million from the previous season. (AP Photo/Charles Sykes, File) Broadway’s box office coffers soars but attendance retreats
    New York • On Broadway, there’s great financial news to sing about but a sour note amid the flush times: Box offices are enjoying the highest grossing...
    Updated May 23 2017 02:53 pm   |     |   Share
  • Budget Director Mick Mulvaney speak to the media about President Donald Trump’s proposed fiscal 2018 federal budget in the Press Briefing Room of the White House in Washington, Tuesday, May 23, 2017. (AP Photo/Andrew Harnik) Why Trump’s budget plan wouldn’t likely accelerate growth
    Washington • The Trump administration’s budget plan for 2018 assumes that a mix of sharp spending and tax cuts can both shrink the deficit and fuel ec...
    Updated May 23 2017 04:27 pm   |     |   Share



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    Danny Spell thinks that the idea that a robot will be driving his 18-wheeler one of these days is hogwash. “I been listening to a lot of crap on the t...
    Updated May 23 2017 12:09 pm   |     |   Share
  • This Friday, Oct. 21, 2016, photo shows a Target store in Philadelphia. New York’s attorney general is announcing that 47 states and the District of Columbia have reached an $18.5 million settlement with Target Corp. to resolve the states’ probe into the discounter’s massive pre-Christmas data breach in 2013. (AP Photo/Matt Rourke) Target, states reach $18.5 million settlement on data breach
    New York• Target Corp. has reached an $18.5 million settlement over a massive data breach that occurred before Christmas in 2013, New York’s attorney ...
    Updated May 23 2017 04:27 pm   |     |   Share
  • U.S. says Fiat Chrysler used software to beat emissions tests
    Detroit • The U.S. government is suing Fiat Chrysler, alleging that some diesel pickup trucks and Jeep SUVs cheat on emissions tests. The lawsuit fil...
    Updated May 23 2017 12:11 pm   |     |   Share
  • (This photo provided by Broadcom shows President and CEO Hock E. Tan. Tan received one of the top three pay raises among CEOs in 2016, according to a study carried out by executive compensation data firm Equilar and The Associated Press)  . (Broadcom via AP) The biggest CEO pay raises and pay cuts of 2016
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    Updated May 23 2017 11:18 am   |     |   Share
  • Wal-Mart expands military leave-of-absence policy
    Little Rock, Ark. • Wal-Mart Stores Inc. announced Tuesday that it’s expanding its military leave-of-absence policy by offering differential pay to al...
    Updated May 23 2017 11:03 am   |     |   Share
  • FILE - In this May 18, 2017 file photo, Puerto Rican nationalist Oscar Lopez Rivera, center, who pardoned by former President Barack Obama in January, arrives for a gathering in his honor in Chicago’s Humboldt Park neighborhood. Organizers of New York’s Puerto Rican Day Parade on June 11 stand firm amid boycotts over their decision to honor Rivera, who was a member of a group that that claimed responsibility for more than 100 bombings across New York, Chicago, Washington and Puerto Rico in the 1970s and early 1980s. (AP Photo/Charles Rex Arbogast, File) More sponsors pull out of New York’s Puerto Rican Day parade
    New York • More sponsors are dropping out of New York City’s Puerto Rican Day parade after a decision by organizers to honor a Puerto Rican nationalis...
    Updated May 23 2017 11:03 am   |     |   Share
  • In this Tuesday, May 16, 2017, photo, Microsoft’s new Surface Pro laptop-tablet hybrid is displayed, in New York. The Surface’s stylus will now mimic pencil shading when tilted, much like the Apple Pencil for iPad Pro tablets. Along with this, Microsoft plans upgrades to its popular Office software with new pencil-like features. (AP Photo/Bebeto Matthews) Microsoft Surface gets battery boost, better viewing angles
    New York • Microsoft is refreshing its Surface Pro tablet with longer battery life and faster processors. The new, fifth-generation device — simply ca...
    Updated May 23 2017 11:00 am   |     |   Share
  • Supreme Court’s big ruling on ‘patent trolls’ will rock businesses everywhere
    Tech companies and app developers everywhere are breathing a sigh of relief after Monday’s major Supreme Court ruling on a topic that’s close to their...
    Updated May 23 2017 11:00 am   |     |   Share
  • This Wednesday, April 26, 2017, photo shows Google’s web address, in Philadelphia. Google is keeping an eye on what you’re buying offline in addition to monitoring your online shopping in its latest attempt to sell more digital advertising. The offline tracking of most credit and debit card transactions will help Google to automatically inform merchants when digital ads appearing on its vast marketing network translate into sales at a brick-and-mortar store. Google plans to unveil the store-sales measurement tool Tuesday, May 23, 2017, in San Francisco at an annual conference it hosts for its advertisers. (AP Photo/Matt Rourke) Google aims to connect online ads to real-world sales
    San Francisco • Google already monitors your online shopping — but now it’s also keeping an eye on what you’re buying in real-world stores as part of ...
    Updated May 23 2017 08:27 am   |     |   Share
  • In this Tuesday, May 16, 2017, photo, a construction worker continues work on new town homes under construction in Woodstock, Ga. On Tuesday, May 23, 2017, the Commerce Department reports on sales of new homes in April. (AP Photo/John Bazemore) US new-home sales fell 11.4 percent in April, most in 2 yrs
    Washington • U.S. sales of new homes last month registered the biggest drop in more than two years. The Commerce Department says new-home sales skidde...
    Updated May 23 2017 08:27 am   |     |   Share
  • Utah hotels kept up hot streak in April
    Utah seemed to buck a trend this winter that saw slightly lower visitation at Western mountain resorts. While occupancy dipped 0.2 percent at Western ...
    Updated May 22 2017 06:02 pm   |     |   Share
  • From deep in Atlantic, Titanic relics sail to auction
    The Titanic may be under 2.5 miles of water, but wreckage from the doomed ship could fetch close to $220 million at an auction this year. Premier Exhi...
    Updated May 22 2017 03:51 pm   |     |   Share
  • Boeing, Arconic climb; Halliburton declines
    New York • Stocks that moved substantially or traded heavily Monday: • Ford Motor Co., up 23 cents to $11.10 The automaker replaced CEO Mark Fields ...
    Updated May 22 2017 03:39 pm   |     |   Share
  • FILE - In this May 17, 2017 file photo, House Speaker Paul Ryan of Wis. takes questions from reporters in Washington. The Trump administration and House Republicans are asking a federal appeals court for a 90-day extension in a case that’s casting a shadow of uncertainty over health insurance for millions of consumers.  (AP Photo/J. Scott Applewhite) Insurers seek stability as Trump delays health care decision
    Washington • Uncertainty over the future of health care for millions grew deeper Monday as insurers released a blueprint for stabilizing wobbly market...
    Updated May 22 2017 02:15 pm   |     |   Share
  • In this April 27, 2017 photo, truck driver Jose Luis Mayorga herds calves onto a truck in Reynosa, Mexico, across the border from McAllen, Texas. Rancher Gildardo Lopez Hinojosa, who sent about 400 of his calves across the border to Pharr, Texas, said he gets the best price for his calves in the U.S. and it’s cheaper for him to import U.S. chicken than ship Mexican chicken from the country’s interior. (AP Photo/Christopher Sherman) Complex world of border trade: Cattle go north, meat south
    Reynosa, Mexico • Waving arms and brandishing a long electric prod, the ranch hands and truck drivers herd about 400 leggy calves onto trucks as the s...
    Updated May 22 2017 02:15 pm   |     |   Share
  • New Jersey police allege gun company sold defective guns
    Trenton, N.J. • New Jersey claims in a lawsuit that gun manufacturer Sig Sauer sold about $2 million worth of defective handguns to state police. The ...
    Updated May 22 2017 02:15 pm   |     |   Share
  • Shell CEO says climate change is real, but energy demand growth is ‘unstoppable’
    Ben van Beurden, the chief executive of Royal Dutch Shell, took time to speak to The Washington Post on May 17 during a visit to Washington, and he to...
    Updated May 22 2017 02:12 pm   |     |   Share
  • Puerto Rico seeks court’s help to save public pension system
    San Juan, Puerto Rico • Puerto Rico is seeking help from federal court to restructure the debt of the U.S. territory’s public pension system, which is...
    Updated May 22 2017 02:12 pm   |     |   Share
  • U.S. probes whether Hyundai, Kia recalled engines fast enough
    Detroit • The U.S. government is investigating whether Hyundai and Kia moved quickly enough to recall more than 1.6 million cars and SUVs because the ...
    Updated May 22 2017 02:12 pm   |     |   Share
  • FILE - In this April 12, 2017 file photo, Ford Motor Co. President and CEO Mark Fields speaks during a media preview of the 2018 Lincoln Navigator at the New York International Auto Show in New York. Ford is replacing its CEO amid questions about its current performance and future strategy, a person familiar with the situation has said. Fields will be replaced by Jim Hackett, who joined Ford’s board in 2013. (AP Photo/Mary Altaffer, File) Fields out at Ford; Hackett is new CEO
    Dearborn, Michigan • Ford is replacing CEO Mark Fields as it struggles to keep its traditional auto-manufacturing business running smoothly while rema...
    Updated May 22 2017 01:42 pm   |     |   Share