All posts tagged: compensation

Police officer accuses Trump of ‘putting a retainer on a mob’ with .78B compensation fund

Police officer accuses Trump of ‘putting a retainer on a mob’ with $1.78B compensation fund

Former U.S. Capitol Police Officer Harry Dunn on Wednesday said President Trump is using his “anti-weaponization” fund to put Jan. 6, 2021, rioters on a “retainer” ahead of the next presidential election.  “This payment is going to serve as a retainer. People have retainers for their lawyers. So when they need them, they’re available,” Dunn… Source link

Malaysia seeks over US1 million in compensation from Norwegian firm over scrapped missile deal: Minister

Malaysia seeks over US$251 million in compensation from Norwegian firm over scrapped missile deal: Minister

The minister added that about 30 per cent of the combat ship project components were locally sourced and expressed hope that the percentage could be increased in future naval projects. “This has always been our goal, and this incident involving Norway will push us to further strengthen our focus on ensuring we are not overly dependent on foreign countries,” said Khaled. “In addition, the government must be more cautious in procurement dealings with other countries that could potentially take similar action against Malaysia.”  Khaled reportedly said he hoped that members of the Association of Southeast Asian Nations (ASEAN) regional bloc that are not close allies of Norway would learn from Malaysia’s experience and avoid dealing with the Scandinavian nation.  “They refused to issue the export licences because their new policy restricts the export of sensitive defence technology only to allies and close strategic partners.” Khaled was quoted as saying by The Edge Malaysia. “Meaning that the export is limited to members of NATO and countries regarded by Norway as strategic partners,” he said, referring to the North Atlantic Treaty Organization.  KDA …

Trump to drop B IRS tax lawsuit in return for a billion-dollar compensation fund: report

Trump to drop $10B IRS tax lawsuit in return for a billion-dollar compensation fund: report

Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service (IRS) in exchange for the establishment of a fund to compensate allies allegedly targeted by the Biden administration, sources familiar with the matter told ABC News. Trump filed the $10 billion lawsuit against the IRS in January, alleging they failed to stop the unauthorized release of his tax returns by a government contractor who shared them with The New York Times in 2019. A commission supervising the fund would have total authority to provide $1.7 billion in taxpayer finances to pay those claiming to have been targeted by the Biden Administration’s “weaponization” of the legal system, sources told the American broadcaster. Such individuals would include organisations associated with Trump as well as about 1,600 people charged in relation to the January 6 Capitol attack. Alongside a public apology from the IRS, the fund is believed to be the central condition for Trump to drop his legal actions brought against the federal government. In addition to the IRS lawsuit, two legal …

Top Executives Compensation in 2025

Top Executives Compensation in 2025

Hollywood really is a larger-than-life version of corporate America, especially in the C-suite. Across all U.S. industries, median CEO pay hit $29.4 million in 2025, data firm Equilar finds. But for top entertainment execs, that’s on the low end, per The Hollywood Reporter’s annual look at the highest-paid media chiefs. Many of the moguls on our list made around $50 million. Or much more. Not only that, but the employee-to-CEO pay ratio is higher in entertainment. Across all industries, 341 employee salaries equal one CEO’s take-home pay. That median is far exceeded at most of the major Hollywood companies tracked for this list (think 805-to-1 for former Disney chief Bob Iger). “Large stock awards drive much of this elevated pay,” Equilar exec Amit Batish notes. Leading the way is David Zaslav, who took Warner Bros. Discovery from $9 a share to sell in a bidding war to David Ellison’s Paramount for $31 a share. His pay last year, $165 million, was only trounced by his 2021 package of $246.6 million, driven by a $202 million …

ICC Orders .5 Million in Compensation for Victims of Timbuktu Islamist Who Imposed Sharia Law

ICC Orders $8.5 Million in Compensation for Victims of Timbuktu Islamist Who Imposed Sharia Law

THE HAGUE, April 28 (Reuters) – More than 65,000 victims ⁠of ⁠a Malian Islamist who was ⁠a key figure in the police force that imposed sharia law on ​Timbuktu in 2012 and ordered public floggings and other punishments, should receive a combined 7.25 million ‌euros ($8.5 million) in compensation, International Criminal ‌Court judges said on Tuesday.  The reparations will largely be in the form of collective ⁠rehabilitation measures including ⁠educational programs and training and psychological support, focused particularly on women ​and girls who were victimised by Al Hassan Ag Abdoul Aziz, the judges said. Women and girls suffered persecution – one of the crimes for which Al Hassan was convicted – as their lives were the most ​closely controlled by the Islamic police. They were only allowed to leave their homes ⁠if they ⁠wore particular clothing, and ⁠many came to ​dread going outdoors, the judges said. Al Hassan, who was convicted in June 2024 of eight ​counts of war crimes ⁠and crimes against humanity, could not pay the reparations himself, judges said, and they asked …

Your rights, compensation and what to do if your flight is cancelled | UK | News

Your rights, compensation and what to do if your flight is cancelled | UK | News

The Iran war has thrown the summer travel season into uncertainty, with jet fuel supplies disrupted by the closure of the Strait of Hormuz and airlines privately warning the government that cuts to flights and fare hikes may be unavoidable if the situation does not improve. A document seen by ITV News, submitted to ministers and the Civil Aviation Authority, cautioned that if the disruption “continues or worsens” airlines will be forced to reduce services and push prices higher. Fuel costs for passengers on flights within the EU have already risen by roughly £25 per person, with a Barcelona to Berlin flight now costing airlines around £22 more per passenger in fuel alone. With cancellations and timetable changes already affecting some carriers this summer, here is everything you need to know about your rights, what you are entitled to and how to claim it. What is causing flight cancellations in summer 2025? The closure of the Strait of Hormuz — through which a significant share of the world’s oil supplies pass — has disrupted jet …

Claim sooner rather than later, experts urge, after £7.5bn car loan compensation scheme launched | Motor finance

Claim sooner rather than later, experts urge, after £7.5bn car loan compensation scheme launched | Motor finance

Complain now to be at the front of the queue. That is the message from the City regulator and the consumer champion Martin Lewis as a scheme gets under way to pay out about £7.5bn in total to millions of motorists mis-sold car loans. More information emerged this week about how much money the different categories of people might get and how it will all work after Monday’s announcement that an industry-wide compensation scheme for victims of the UK’s car finance scandal is definitely going ahead. Here are five main takeaways: Technically it’s two schemes. The plan was always for a single compensation scheme, but this week it emerged that the Financial Conduct Authority (FCA), has set up two. Scheme 1 covers older motor finance agreements, those taken out between 6 April 2007 and 31 March 2014; scheme 2 is for more recent ones, those taken out between 1 April 2014 and 1 November 2024. As they are broadly similar, the FCA is generally referring to them collectively as “the scheme”. The Financial Conduct Authority (FCA) …

Car finance scandal: What happened and am I eligible for compensation? | UK News

Car finance scandal: What happened and am I eligible for compensation? | UK News

Millions of motorists who were mis-sold car finance agreements are due to receive £829 on average in compensation, it has been announced. But why is this happening, and who can make a claim? Sky News explains… The scandal When you buy a car on finance, you are effectively loaned the money for the vehicle, which you pay off in monthly instalments. These loans carry interest, organised by brokers (the people who sell you the finance plan). These brokers earn money in the form of a commission (which is a percentage of the interest payments). Before January 2021, some car finance lenders had what was called a “discretionary commission arrangement” (DCA) with brokers. Under these arrangements, brokers earned more commission if buyers were put on a higher interest rate – this incentivised sellers to maximise interest rates, which meant many were unfairly charged too much. The Financial Conduct Authority (FCA) banned this practice in 2021, but many consumers complained they had been overcharged before the ban came into place. Following legal action and an investigation, the …

Cardiff City lose compensation bid against Nantes over Emiliano Sala plane crash death | UK News

Cardiff City lose compensation bid against Nantes over Emiliano Sala plane crash death | UK News

Cardiff City’s compensation claim over the death of footballer Emiliano Sala has been rejected by a French court. He was killed in a plane crash on his way to begin his Premier League career in January 2019. Cardiff paid Nantes a club-record fee for Sala, 28, but he never played after the light aircraft came down in the English Channel. The Welsh club sued Nantes for more than £100m over alleged negligence connected to the crash, which also killed pilot David Ibbotson. Sky Sports News reported that Cardiff contended Nantes were responsible because they enlisted agent Willie McKay, whose son, Mark McKay, was Sala’s representative, to arrange the flight. Nantes denied that claim. However, the court has now decided Nantes was not at fault, and Cardiff did not suffer any reputational harm. It called Cardiff’s claim “extravagant” and instead said Nantes had suffered reputational damage. Cardiff was ordered to pay €300,000 in damages and €180,000 (£416,000 in total) in legal costs. The club have been involved in a legal battle over the case for years. …

Bailiffs board Ryanair plane after airline refuses to pay delayed flight compensation | Ryanair

Bailiffs board Ryanair plane after airline refuses to pay delayed flight compensation | Ryanair

Bailiffs have boarded a Ryanair aircraft after the airline refused to pay compensation to a passenger whose flight was delayed. Austrian officials took action after the budget carrier ignored a court order to pay the unnamed woman €890 (£742) in legal costs and compensation for a delayed flight two years ago. A bailiff entered the plane, which was bound for London, as it sat on the stand at Linz airport on Monday and fixed a seizure sticker to the cabin when crew were unable to settle the debt. The label, known as a “cuckoo sticker”, gives the court legal control over the aircraft, which was allowed to continue to operate under set conditions. The court can sell the Boeing 737 at public auction if the debt is not paid by a deadline. The dispute began in 2024 when a flight from Linz to the Spanish island of Mallorca was delayed by 13 hours. A passenger who was forced to pay for an alternative flight claimed a refund of her expenses and compensation under aviation regulations. …