US CEO cuts salary to boost employee pay to $70,000

Last Updated: Thursday, April 16, 2015, 02:42

One startup founder is making his own effort to respond to the issue of income inequality -- cutting his own pay while seriously boosting that of his employees.

US CEO takes 90% pay cut to give workers huge raise!

Last Updated: Wednesday, April 15, 2015, 16:46

A CEO of an American firm has surprised one and all by announcing a 90 percent pay cut for himself and slashing of company's profits to give employees a hefty salary hike after he read a study about happiness.

Daniel Craig did send Kate Moss `I love you` message, hacked phone revealed

Last Updated: Saturday, February 1, 2014, 14:25

Daniel Craig apparently left a voice mail message on Kate Moss` voicemail declaring his love for the supermodel .

Journalist admits phone hacking for Sunday Mirror

Last Updated: Tuesday, January 28, 2014, 02:07

A former tabloid journalist told Britain`s phone hacking trial today that he intercepted voicemails with the knowledge of senior executives, not just at the now-defunct News of the World, whose employees are standing trial, but at the rival Sunday Mirror.

Extortion bid sends Romanian millionaire to jail

Last Updated: Thursday, December 19, 2013, 02:28

A Romanian court today sentenced flamboyant millionaire Dan Diaconescu, a politician and owner of the OTV television network, to three months in prison for blackmailing a small-town mayor, Mediafax agency reported.

GM CEO Akerson defends tenure as his exit nears

Last Updated: Tuesday, December 17, 2013, 05:18

Dan Akerson, who will step down as General Motors Co`s chief executive next month, on Monday defended his tenure leading the No. 1 U.S. automaker and said his successor will have to build on the turnaround that he guided.

Singapore gang rigged 100-plus games

Last Updated: Tuesday, October 1, 2013, 09:15

A notorious Singaporean match-fixing gang rigged more than 100 football games worldwide in a scam worth millions of dollars, before it was busted this month, a source revealed on Monday.

New UK to feature couples having sex in a box

Last Updated: Tuesday, September 24, 2013, 14:12

A new television show is all set to feature couples having sex in a sound-proof, opaque box in a studio, complete with an audience.

Singapore match-fixing ring was world`s biggest: Interpol

Last Updated: Tuesday, September 24, 2013, 13:11

A football match-fixing ring based in Singapore was the world`s "largest and most aggressive" such operation, the Interpol chief said in remarks published Tuesday after the arrest of the group`s suspected mastermind.

Lin Dan to skip international matches for rest of year

Last Updated: Thursday, September 12, 2013, 14:33

Badminton superstar Lin Dan announced that he will skip all international events on the 2013 calendar after winning his third straight Chinese National Games singles title.