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Palm Oil Company Ordered to Pay $30 Million for Illegal Rainforest Destruction

2014-01-16 15:20:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: An Indonesian court issued a big blow to a palm oil company for illegally destroying forest land in Sumatras protected Leuser Ecosystem, which provides critical habitat for orangutans and other endangered species. In whats being called a groundbreaking verdict, the court found palm oil company PT Kallista Alam guilty of illegally burning large areas of the Tripa peat forest in the province of Aceh and ordered it to pay roughly $30 million in fines. An estimated $20 million was allocated for...

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Traditional pay TV uptake remains resilient in US

2014-01-16 00:50:56| Digital TV News

According to data released by The Diffusion Group, nearly nine in ten adult broadband users in the US subscribe to an incumbent pay-TV service such as cable, satellite, or telco-TV.

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Hearts chiefs agree to pay cuts

2014-01-15 18:04:34| BBC News | Business | UK Edition

Two Hearts officials agree wage cuts in the latest attempt to keep the club afloat until they exit administration.

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Competition drives pay hikes for MarineMax CEO, CFO

2014-01-15 08:08:35| Mobile Homes - Topix.net

Two top executives at MarineMax Inc. got salary increases in 2013, as the company sought to stay competitive with similar firms.

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GM to pay first dividend since 2008

2014-01-15 02:59:55| BBC News | Business | UK Edition

US carmaker General Motors says it will resume dividend payments, capping a successful recovery since it was bailed out by the government in 2009.

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