Kenneth Feinberg , the paymaster at companies rescued by the U.S. Treasury, recently cut cash compensation for executives at American International Group Inc. and General Motors Co. He said some companies are buying into his credo of pay tied to performance.
Time Warner Cable Inc. and CBS Corp. continued negotiations over program rights past a deadline, averting a blackout in the biggest U.S. media markets even after both sides said some signals were briefly cut off.
Dennis Goodman watches about three hours of golf on television every weekend, regardless of who’s playing. He even bought a ticket to see a practice round in person at this week’s PGA Championship in Rochester, New York.