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Author: Jane Campbell
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Mark Moss (8.14.22)
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AMTRAK SHOWERS BONUSES ON EXECUTIVES RUNNING ROTTING RAILROAD
In fiscal year 2021, Amtrak gave top executives the highest incentive bonuses in years, despite the company’s mediocre financial performance and weak ridership during the COVID lockdown, The New York Times reported. Of the railroad’s 12 top executives, nine took in bonuses between $230,000 and CEO Stephen Gardner’s $293,000 last year. Gardner has received more...
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TOP TREND 2022, DRAGFLATION: GERMANY’S RETAIL SALES CRATER
In June, retail sales in Germany fell by 8.8 percent, year over year, their fastest annual rate of decline since 1994 when records began to be kept, the Financial Times reported. Inflation ran at a record 8.5 percent for the month, discouraging consumers from making discretionary purchases, especially with energy rationing under way as Russia...
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