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NYC comptroller says city pays 'invisible fare' to run MTA
2015-05-27 08:39:25| Railroads - Topix.net
New York City is spending so much to run the Metropolitan Transportation Authority that it amounts to an "invisible fare" of $130 a month per household, City Comptroller Scott Stringer charged in a report released Tuesday. Stringer said an analysis by his office shows that in addition to the $5.3 billion city residents paid in fares and tolls last year, New Yorkers paid $4.8 billion in taxes, subsidies and direct expenditures to the MTA.
Nigeria: Dangote Sugar Pays N4.8 Billion Dividend
2015-05-26 08:45:51| Sugar Industry News
Dangote Sugar Refinery has declared N4.8 billion dividend for the year ended December 31, 2014 to be paid to its shareholders. The dividend, which translates into 40 kobo per share, was approved by the shareholders at the 9th Annual General Meeting (AGM) in Lagos. In his address to shareholders, the Chairman of Dangote Sugar, Alhaji Aliko Dangote, said despite the challenging circumstance in 2014, Dangote Sugar posted a turnover of N95 billion.
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Cannes film pays homage to late designer Oscar de la Renta
2015-05-22 02:40:59| Apparel - Topix.net
In this July 8, 2013 file photo, Fashion designer Oscar de la Renta addresses a crowd gathered in his honor at the Clinton Presidential Library in Little Rock, Ark. Documentary film pays homage to the late Oscar de la Renta at the 68th international Cannes Film Festival.
UBS pays $545m in forex settlement
2015-05-20 09:25:12| BBC News | Business | UK Edition
Swiss bank UBS pays a total of $545m to settle an investigation into alleged manipulation of foreign exchange rates.
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U.S. retail giant pays up after Halifax artists speak out
2015-05-15 16:34:02| Apparel - Topix.net
Members of the Halifax arts community are speaking out after Urban Outfitters management asked a local photographer and writer to create a photo guide without pay for their Halifax store's grand opening. To promote the new location, Urban Outfitters asked author Hollie Uffindell and photographer Alexa Cude of Halifax to take photographs and write about the city for the company's corporate blog and social media accounts .
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