Spain's Catholic Church has reached an agreement with the government to compensate victims of sexual abuse by clergy, aiming to address past failures and expand access to justice, including cases beyond the statute of limitations. The new system involves a government-managed process where victims can seek symbolic, psychological, or economic reparations, with the Church responsible for executing these reparations. This move follows global trends of addressing historical abuse within the Church and is seen as a moral and moral debt repayment.
South Korean retailer Coupang will compensate 34 million affected users with $1.17 billion in vouchers following a major data breach, with the company and its founder issuing apologies and taking responsibility for the incident.
Coupang founder Kim Bom apologized for a recent customer data leak, pledged to implement reforms and compensation for affected customers, and faced criticism for not attending parliamentary hearings on the incident. The company has cooperated with authorities to restore leaked data and is planning to announce a compensation plan soon.
Coupang founder Kim Bom apologized for a recent customer data breach, pledged to implement a compensation plan for affected customers, and announced efforts to prevent future leaks, amid criticism for his absence from parliamentary hearings and ongoing investigations by South Korean authorities.
A KFC franchisee in West Wickham was fined nearly £70,000 after a manager called an Indian worker a 'slave' and subjected him to racial discrimination and harassment, leading to wrongful dismissal and victimisation. The tribunal awarded the worker £66,800 in compensation and mandated workplace discrimination training for staff.
The Delaware Supreme Court reversed a 2024 decision and reinstated Elon Musk's $55 billion Tesla pay package from 2018, affirming his significant earnings and highlighting legal and corporate governance issues.
Ukrainian President Zelenskyy and 34 countries approved a plan to create a compensation body to address damages caused by Russia's invasion of Ukraine, with funding and enforcement challenges remaining, and support for a new international court to prosecute Russian officials.
Hedge fund billionaires are facing a talent shortage and are offering unprecedented pay and perks to retain top portfolio managers, shifting industry culture from cutthroat to loyalty-focused, amid a broader industry growth and competition for skilled talent.
Tesla shareholders approved a groundbreaking $1 trillion pay package for Elon Musk, which will take effect by 2035 if Tesla meets certain financial and production goals, increasing Musk's ownership stake to 25%.
Tesla's board is asking shareholders to approve a massive compensation package for Elon Musk, worth up to $878 billion in stock, tying the company's future success directly to Musk's leadership and performance goals, raising concerns about governance and risk among some investors.
Norway's Norges Bank Investment Management opposed Tesla's proposed $1 trillion stock award to Elon Musk due to concerns over its size, dilution, and key person risk, marking a significant challenge to Musk's compensation plan ahead of Tesla's annual meeting.
President Donald Trump has claimed entitlement to compensation from the U.S. government for investigations he considers politically motivated, filing claims under the Federal Tort Claims Act seeking $230 million. The process involves potential payouts from the Judgment Fund, but ethical and conflict-of-interest issues arise due to Trump’s connections with Justice Department officials who might approve any settlement. Democrats are planning investigations into the matter, raising constitutional and ethical questions about the potential use of taxpayer money to settle claims against the government.
Donald Trump has demanded $230 million from the DOJ for its investigations into him, including probes into election interference and the Mar-a-Lago search, claiming damages through an administrative claim process, with potential implications for his political and legal future.
President Trump is demanding approximately $230 million from the Justice Department for past federal investigations, a situation unprecedented in U.S. history, raising concerns about ethical conflicts due to the involvement of his former lawyers in the department.
Tesla is heading to court to defend Elon Musk's 2018 compensation package, worth around $56 billion, which was voided by a Delaware judge due to concerns over Musk's influence and lack of full disclosure to investors.
