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| North Carolina (News) |
U.S. cuts pay at bailed out firms, BofA hits back
WASHINGTON (Reuters) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing. Largest US sting on drug cartel arrests 300-plus
OKLAHOMA CITY - In the largest single strike at Mexican drug operations in the U.S., authorities arrested more than 300 people in a sting that demonstrates an upstart cartel's vast reach north of the border. Administration plans big pay cuts at bailout firms
WASHINGTON - The Obama administration will order companies that received huge government bailouts last year to slash the base salaries of their top executives by an average of 90 percent and cut their total compensation in half, a person familiar with the decision said Wednesday.
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| North Carolina (Star) |
Jazz giant Artie Shaw dies at age 94
LOS ANGELES - Jazz clarinetist Artie Shaw, famed for classic recordings of "Begin the Beguine" and "Oh, Lady Be Good" as well as turbulent marriages to movie stars Lana Turner and Ava Gardner, died Thursday at age 94, his manager Will Curtis said.
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