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Class-action lawsuit: Kia and Hyundai owners have 13 days to claim compensation

In 13 days, certain Kia and Hyundai owners will find out if they’ll receive a portion of the auto companies’ undisclosed settlement to resolve claims that some vehicles from model years 2010 to 2020 suffer from a defect. The defect is related to the engine’s connecting rod bearing. This bearing can fail, causing engine seizure, stalling, engine failure, and […]

Tesla Shareholders Reapprove Elon Musk’s Massive Compensation Package

Tesla shareholders voted to reapproval CEO Elon Musk’s huge compensation package, despite a Delaware judge ruling it invalid earlier this year. The Verge Reports In the vote, widely seen as a referendum on Musk’s leadership at a turbulent time for the electric car giant, investors also approved moving Tesla’s legal headquarters from Delaware to Texas […]

1983 championship team sues NCAA for NIL compensation

Forty-one years later, 10 members of the 1983 national champion North Carolina State University basketball team are suing the NCAA and a university licensing company, alleging that their likenesses were used without their permission. In 1983, North Carolina State won the NCAA Championship in dramatic fashion, 54-52, thanks to a last-minute dunk by Lorenzo Charles. […]

Republican infighting resurfaces amid effort to pass nuclear radiation compensation

Republican tensions over whether to extend and expand radiation damage compensation for victims of U.S. nuclear weapons tests spilled over onto the Senate floor on Thursday. Sen. Mike Lee (R-Utah) tried to push a bill through unanimity that would have extended existing benefits for victims covered under current law, but not expanded them to new […]

Hollywood CEOs Received Big Compensation Increases Amid Mass Layoffs

In liberal Hollywood, the rich got richer and everyone else got poorer or fired. In 2023, Hollywood CEOs and other top executives were buzzing like bandits, with nearly every studio head receiving a hefty raise or raise. Their windfall stands in stark contrast to employees who had to endure mass layoffs, budget cuts, and two […]

Southwest Airlines launches compensation program for flight delays after 2022 meltdown

Southwest Airlines says it has launched a flight delay compensation program as part of a $140 million settlement with the Department of Transportation over the airline’s meltdown during the busy December 2022 holiday travel season. did. In December 2023, Southwest Airlines will offer $90 million worth of travel vouchers worth $75 or more to passengers […]

More people exposed to Manhattan Project chemicals deserve compensation, advocates say

The Radiation Exposure Compensation Act has been a lifeline for some people and families exposed to toxins associated with decades of nuclear weapons testing, but advocates say more people should receive compensation. claims. The law, first enacted in 1990 and set to expire this year, has provided payments to people who may have contracted certain […]

Mark Zuckerberg made $24.4M in ‘other compensation’ from Meta in 2023

Mark Zuckerberg received the lowest salary of all Meta employees at just $1 in 2023, but the head of the big tech company earned a staggering $24.4 million in “other compensation.” Collected a large amount of money. The majority of this “other compensation” covered Mr. Zuckerberg’s security costs, according to the proxy filing. Securities and […]

Compensation payouts to UK rail passengers for delays hit £100m a year | Rail industry

Compensation paid to passengers for train delays in the UK has reached record levels, with annual payouts exceeding £100m and the number of insurance claims for train delays and cancellations continuing to rise. Payments to passengers for travel disruption reached £101.3m in the year to April 2023, an increase of 155% from £39m in 2021-22.. […]