Corporate governance advocates and shareholder activists have long complained that chief executive officer pay, which has jumped by a third since 2007, is sometimes way out of line with the CEO’s on-the-job performance.
– Hollywood is struggling to hang on to its blockbuster movies as states such as North Carolina and countries like Canada offer subsidies for producers to shoot films far from the traditional studios of Los Angeles.
“Fast & Furious 6,” from Comcast Corp.’s Universal Pictures, was the top film at theaters in the U.S. and Canada in the first three days of the U.S. Memorial Day weekend, taking in $98.5 million, the biggest-ever debut for the studio.
“Star Trek Into Darkness,” the second film in J.J. Abrams reboot of the venerable film franchise, was the top movie at U.S. and Canadian theaters this weekend, taking in $70.6 million for Paramount Pictures.
“Star Trek Into Darkness,” the second installment in director J.J. Abrams’s reboot of the science-fiction series, is forecast to take in $112 million in its debut, boosted by an early start in theaters this weekend.