Tim Cook, Apple Inc Boss
Median pay for the chief executives of 104 of the biggest American companies rose 6.8 percent for fiscal 2016 to $11.5 million, on track to set a post-recession record, according to a Wall Street Journal analysis.
“Twice as many companies increased their chiefs’ pay as reduced it, though a few high-profile bosses took substantial pay cuts, including Apple Inc.’s Tim Cook and General Electric Co.’s Jeff Immelt.”
Meanwhile figures out this week are expected to show that inflation is surging in Europe.
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