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Disney
CEO Eisner took home $6m last year
California: Walt Disney paid chairman and chief
executive, Michael Eisner $6m last year, including a hefty
bonus, and gave president and chief operating officer,
Bob Iger a package worth more than $18m, according to
company filings.
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McDonald's
walks free of obesity tag, just for now
New York: A federal judge's dismissal of a lawsuit
blaming McDonald's for obesity in children is no cause
for celebration by the fast-food king, legal experts say.
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NEC's
faulty cell phones cost NTT DoCoMo dear
Tokyo: Japanese mobile phone giant NTT DoCoMo said
that it would replace the battery packs in about 840,000
camera-equipped mobile phones made by NEC due to a glitch
that caused handsets to overheat.
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Indian
labour force to grow at 1.89 per cent annually: ILO
New York: The labour force in India is projected
to grow by 1.89 per cent annually with over nine million
additions every year but improvement in employment situation
in formal private sector is likely to remain minimal,
according to the latest International Labour Organisation
report.
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Bush
nominates Donaldson to chair SEC
Washington: President Bush on Tuesday formally
nominated Wall Street banker William Donaldson to be chairman
of the Securities and Exchange Commission, sending his
nomination papers to the Senate, the White House said.
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AOL
TW posts '02 loss of nearly $100 bn
New York: AOL Time Warner Inc. on Wednesday posted
a 2002 loss of nearly $100 billion -- the largest annual
loss in U.S. corporate history -- and in a sign of further
turmoil, media mogul Ted Turner said he would step down
as vice chairman.
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