Bob Bakish, chief executive of Paramount Global, saw total compensation in 2022 of $32 million, up from $20 million the year before. According to the company’s proxy filing today, Bakish’ 2022 compensation included a base salary of $3.1 million (unchanged from the year before ); stock awards of $15.9 million […]

YouTube has restored the account of Donald Trump, joining other tech platforms that are removing restrictions put in place following the January 6th attack on the Capitol. Leslie Miller, vice president of YouTube public policy, said in a statement that the Donald J. Trump channel “is no longer restricted and […]

The People’s Bank of China cut the reserve requirement ratio for banks by 25 basis points on Friday for the first time this year to support the nascent economic recovery and to ensure reasonable and sufficient liquidity in the banking system. The RRR represents the amount of cash that banks […]

Neo-nazis tend to be a noisy bunch, and it takes an extraordinary and confident work of art to drown out their loud, ugly racket. Parade, opening tonight on Broadway at the Bernard B. Jacobs Theatre, is that work of art. With a serendipitous advertising slogan – “This Is Not Over […]

Twitch co-founder and CEO Emmett Shear is resigning his post after a 16-year run atop the Amazon-owned livestreaming company. In a blog post, Shear said President Dan Clancy would step into the CEO role, effective immediately. Shear plans to remain an advisor to Twitch. He said the recent birth of […]

As the United States approach what is expected to be its busiest season on record, the Department of State has urged Americans to check their passport expiration date, and to take action to renew their passport well in advance of international travel this year. The State Department’s passport processing times […]

The last year has seen public sector undertakings (PSUs) outperforming the Nifty50, albeit by a small degree. But PSU valuations are still, on average, less than half of private sector peers at price-to-equity or PE 8.7x for the Nifty PSU Index versus 20.9x for the Nifty50. There are several reasons […]

The Indian equity market is likely to remain under pressure and rangebound over the next few months. This comes as global central banks, led by the US Federal Reserve look at a possibility of hiking rates aggressively to tame inflation. Back home, the Reserve Bank of India, too, remains data […]

The Cinema Audio Society has its new board of directors and officers. Peter Kurland, who quit the Movie Academy last year over its plan to cut Best Sound and seven other categories from the live Oscarcast, was elected president of CAS, replacing Karol Urban. VP Steve Venezia, Secretary Frank Morrone […]

Yesterday, two Russian fighter jets harassed and then struck a U.S. military drone over the Black Sea, causing the unmanned aerial vehicle to crash. The drone, American officials say, was conducting routine exercises in international airspace, and adds that the Su-27 pilots committed an “unprofessional act.” The drone, an MQ-9 […]