Word: toppings
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...Bank of America, the clawback covers all the employees of the bank that are involved in investment banking and trading, or roughly 9,000 employees. Top executives, for now, are excluded. Only the employees' deferred compensation is subject to the clawback, which is about three-quarters of pay for most executives. And once employees have received the pay, which vests over three years, it is theirs to keep for good...
...introduction of its tablet on Wednesday, Steve Jobs and company are quietly shopping for ways to strengthen Apple's softer side - that is, its software. A hefty stock price and a growing cash reserve of $23 billion has put Apple in prime position to acquire some winners. (See the top iPhone applications...
Apple has already begun moving its office suite, iWork, to the Web, but without online-editing capabilities. And with Apple's recent acquisition of the streaming music service Lala, iTunes may finally be more Webified, if not quite as social as Last.fm or Pandora. (See the top 10 Apple moments...
Toyota hasn't tallied how much the recall will cost, said Yoshimi Inaba, the company's top executive in the U.S., after a speech in Detroit. But he said Toyota is committed to using the recalls to impress customers with the company's service. "It is an opportunity to prove ourselves to them," he said...
...invest heavily in research and development, spending more than $9 billion in 2009, "with emphasis on safety and on the environment." Nevertheless, Toyota faces significant challenges from both Volkswagen AG and a re-emergent General Motors Corp. as it struggles to keep its standing as the world's top automaker. Both Volkswagen and GM are in a better position to cash in on growth in key emerging markets such as Brazil, Russia, India and China, according to a new study by the Boston Consulting Group. (See pictures of American muscle cars in movies...