Technology & Telecommunications
In response to a barrage of criticism that regulators have not kept up with the complexities of swelling pay packages, the Securities and Exchange Commission now requires corporate America to disclose details of executive compensation more fully. As this year's proxies pour in, they are packed with fresh information aimed at making pay more transparent. Of course, it also is a lot more confusing.
AT&T Inc. will pay $25 million to end a lawsuit by California officials alleging the company failed to test properly and repair its underground storage tanks, the state attorney general said on Tuesday.