People of Ogoni ethnic nationality in Rivers State, have appealed to the People’s Democratic Party (PDP) and the All Progressives Congress (APC), to cede the 2023 governorship slot to their area. KAGOTE, the apex socio-cultural organization in Ogoni, made this call yesterday, saying that it was for the sake of political equity. President of KAGOTE, Emmanuel Deeyah, stated that no person from Ogoni has governed Rivers since the creation of the state. Deeyah, in a statement signed by the Acting Publicity Secretary of the organization, Mr. Obele Chu, in Port Harcourt, explained that the move would enhance equity and political justice in favour of Ogoni. Deeyah’s reaction followed a recent comment credited to the Minister of Transportation, Chibuike Amaechi, that the chances of qualified and i...
“The jobs that he talked about yesterday were construction jobs,” said Phil Smith, a spokesman for the United Mine Workers of America, a day after the Biden speech. “We’re not seeing anything concrete that our members can look at and say, ‘OK, that’s where I’m gonna fit in.'” The complaints underscore the difficulty Biden will have in pursuing his two most ambitious goals: reviving the labor market by generating millions of jobs for unions — which traditionally thrive in old-line industries — and transforming the U.S. into a clean economy where electric vehicles and battery storage replace coal, natural gas and oil as energy sources. Environmentalists defend the plan as a necessary move away from old technologies to battle climate change. And...
Live Nation President Joe Berchtold and chief financial officer Kathy Willard also forfeited restricted stock today due to the revenue miss. A spokesperson for Live Nation told Billboard that regular stock and cash payments were also reduced as part of the adjustment. In April, Rapino announced he was reducing his salary to $0 as part of a cost-savings initiative at the company brought on by the pandemic. In 2019, the company’s compensation committee agreed to pay Rapino a $6 million cash bonus if the company achieved an adjusted operating income of $875.0 million, and between $6 to $12 million if he hit between 100% and 110% of the AOI target. Rapino ended up hitting 109% of his target AOI ($942 million) for a cash award of $11.4 million, which he deferred until the end o...