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Gorman's total compensation will include an annual base salary of $1.5 million, a cash bonus of $8.38 million, a deferred equity award of $5.03 million and a performance-based equity award of $20.1 million, according to a regulatory filing. On Thursday, the board of JPMorgan Chase & Co gave a 9.5% raise to CEO Jamie Dimon, bringing his total compensation for 2021 to $34.5 million.
Wall Street's main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for stocks that saw the S&P 500 and Nasdaq log their biggest weekly percentage drops since the onset of the pandemic in March 2020. The benchmark S&P 500 posted its third straight week of declines, ending 8.3% down from its early January record high. Losses also deepened for the Nasdaq after the tech-heavy index earlier in the week confirmed it was in a correction, closing down over 10% from its November peak.
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SmartCentres REIT (TSX:SRU.UN) is a passive income stud that can help Canadians stay ahead of inflation going into another uncertain year. The post A Top 2022 Passive Income Pick to Help Beat Inflation in Canada appeared first on The Motley Fool Canada.
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China must prevent and defuse the risk of external shocks this year while strengthening macro-prudential management and guiding market expectations, the country's foreign exchange regulator said on Friday. The comments come as the U.S. Federal Reserve is widely expected to start hiking interest rates as early as March, while its Chinese counterpart has stepped up monetary easing to prop up a slowing economy, raising concerns about possible capital outflows due to the policy divergence. During the previous round of Fed tightening in 2018, China's currency depreciated sharply.
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Here's why Shopify and StoneCo could help you crush the broader markets in 2022. The post RRSP Investors: 2 Growth Stocks That Could Double by the End of 2022 appeared first on The Motley Fool Canada.
DENVER (AP) — Colorado, the U.S. government and a gold mining company have agreed to resolve a longstanding dispute over who’s responsible for continuing cleanup at a Superfund site that was established after a massive 2015 spill of hazardous mine waste that fouled rivers with a sickly yellow sheen in three states and the Navajo Nation. The proposed settlement announced Friday would direct $90 million to cleanup at the Bonita Peak Mining District Superfund site in southwest Colorado, according t
Public Services and Procurement Canada (PSPC) wishes to advise cyclists and pedestrians that the boardwalk on the Alexandra Bridge will be reduced for tests and inspections during the following period:
BELGRADE, Serbia (AP) — The United States, the U.K. and Germany on Friday rejected allegations that the three countries financed protests that have shaken the Balkan nation's populist government. The embassies of the allied countries issued a joint statement that described the accusations as “damaging.” “These claims do not reflect our partnership with Serbia,” they said. The statement came a day after Serbian Prime Minister Ana Brnabic blasted the alleged Western backers of activist groups that
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Two lesser-known energy stocks with high-growth potential could rise by as much as 200% in 2022. The post Want High Growth? 2 Obscure Energy Stocks Could Rise 200% appeared first on The Motley Fool Canada.
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The tornadoes killed at least 64 people in Kentucky, destroyed one Pilgrim's Pride chicken hatchery and significantly damaged another which supplied to farmers near Mayfield, a town of 10,000 that suffered some of the worst damage. The company negotiated the permanent pay increase with the UFCW Local 227 workers union for the Mayfield facility, which employs more than 1,500 people.
A gauge of future U.S. economic activity increased solidly in December, suggesting the expansion would continue despite challenges from the COVID-19 pandemic and anticipated interest rate increases from the Federal Reserve to tame high inflation. The Conference Board said on Friday its Leading Economic Index rose 0.8% last month after advancing 0.7% in November. "The U.S. LEI ended 2021 on a rising trajectory, suggesting the economy will continue to expand well into the spring," said Ataman Ozyildirim, senior director of economic research at the Conference Board in Washington.