And I’ll need your key to the executive washroom: U.S. banking regulators are looking to crack down on exorbitant executive pay. If an executive’s riskier financial decisions don’t pay off, the bank would have seven years to demand the return of the exec’s bonus.
What a relief. For a while there we thought the banks might not get their money back to throw at some other overpaid executive.
—
No more pencils. No more books: Amazon.com has won a $30 million contract to supply digital textbooks to New York City’s public schools. Students will be able to read the ebooks on e-readers, tablets, smartphones, laptops and other devices.
And if students sign up now for Amazon Prime, they can have their report cards delivered by drone.
—
Don’t know much about history: On this day in 1983, a West German news magazine announced the discovery of 60 volumes of diaries that it claimed were written by Adolf Hitler. The diaries, however, turned out to be a hoax.
The clue the diaries were fake was this line: “Ich likken zis fellow, Trump; he says vhateffer ist und his mind.”
—
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.
