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Mandatory cuts in gas usage got sidelined by larger power struggles

2015-09-12 21:22:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: One of Gov. Jerry Brown's most ambitious environmental goals was hanging in the balance when two powerful California lawmakers met for dinner near the Capitol. Pushing the governor's proposal to slash gasoline use on state roads was Senate leader Kevin de León, a Democrat from Los Angeles. Sitting across from him was Assemblyman Henry Perea, the Fresno leader of business-friendly Democrats fighting the plan. If the two could make a deal, the controversial legislation might be saved despite...

Tags: power larger gas usage

 

Alcatel-Lucent cuts outgoing CEO's payout to EUR 8 mln

2015-09-11 14:25:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent has adjusted the remuneration package of its outgoing CEO, Michel Combes, to comply with the recommendations of the French National Committee for Corporate Governance (HCGE). The variable pluriannual remuneration will be capped at EUR 4.85 million, adjusted downward for 2015 depending on performance targets. It will also be paid in cash, rather than shares, calculated on the 20-day average until his last day of service on 31 August. The board reduced the payout for Combes' non-compete clause to EUR 3.1 million. The total remunation was cut to around EUR 8 million from EUR 13.7 million, after an outcry over the CEO's level pay when he only held the post for 2 years. 

Tags: eur cuts outgoing mln

 
 

IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

2015-09-11 11:55:29| Green Car Congress

Tags: sales china light million

 

Jefferies Group Cuts Eli Lilly and Price Target to $105.00

2015-09-11 02:32:52| Agriculture - Topix.net

The firm presently has a "buy" rating on the stock. Jefferies Group's price target points to a potential upside of 29.89% from the stock's previous close.

Tags: price group target cuts

 

Canadian Natural Resources cuts salaries in Calgary, Aberdeen by up to 10%

2015-09-10 02:52:23| Energy - Topix.net

Canadian Natural Resources Ltd. said Wednesday that it is cutting salaries for all of its staff in Calgary and Aberdeen, Scotland, as it grapples with low commodity prices. Salaries will be reduced by up to 10 per cent, with the biggest cuts being absorbed by higher salaried employees, according to company spokeswoman Julie Woo.

Tags: to up resources natural

 

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