Across the Standard & Poor’s 500 Index of companies, the average multiple of CEO compensation to that of rank-and-file workers is 204, up 20 percent since 2009, according to data compiled by Bloomberg. The numbers are based on industry-specific estimates for worker compensation.
Microsoft Corp., the world’s biggest software maker, said it disrupted a cybercrime operation known as the Bamital botnet that took control of hundreds of thousands of personal computers by infecting them with malicious software.
Chevron Corp., which faces a $19 billion damage award in an Ecuador environmental case, shouldn’t be allowed to obtain information about the e-mail accounts of lawyers, activists and scholars in contact with plaintiff attorneys, a privacy rights group told a judge.
An investigation of HSBC Holdings Plc by U.S. tax authorities was stepped up with the government’s request seeking authorization to pursue information on thousands of Americans who may have used accounts in India to evade taxes.
A U.S. judge said the Internal Revenue Service can demand information from UBS AG about U.S. clients of Wegelin & Co., the Swiss bank that pleaded guilty this month to conspiring to help cheat the IRS.