Originally published on Tue February 26, 2013 5:18 pm
By Eyder Peralta
General Motors Chairman and Chief Executive Officer Dan Akerson.
Credit Bill Pugliano / Getty Images
General Motors Co. said today that its Chief Executive Dan Akerson will not take a pay raise this year.
Documents filed with the House Committee On Oversight and Government Reform showed that GM was asking the U.S. government to OK a $2.1 million raise for Akerson. The government still owns part of GM and when the automaker took a $49.5 billion bailout, it agreed to have executive pay approved by government.
Smartphones based on Ubuntu, a Linux-based operating system, are expected in 2014.
Between them, Google Android and Apple's iOS account for more than 90 percent of U.S. smartphone sales, with Windows Phone, BlackBerry and a few smaller players rounding out the mobile market. But the tech world never stands still and other players are making a run for a piece of the growing mobile pie.
President Obama speaks about the sequester on Feb. 19.
Credit Charles Dharapak / AP
President Obama has for weeks warned congressional Republicans and the American public of the dangers facing the nation from the sequester budget cuts.
Failing to reach a deal between the White House and Congress by Friday could lead to some young children being dropped from Head Start, the FBI furloughing agents and fewer food inspectors, according to the president.
If the cuts unleash these and other harms, like longer lines at airports, Congress and voters won't be able to say they weren't warned.
Originally published on Tue February 26, 2013 7:37 pm
Bill Westenhofer, winner of best visual effects for <em>Life of Pi</em>, said backstage that the business model of the visual effects industry needs to change.
Credit Vince Bucci / AP
In a business where effects-laden movies helped Hollywood make a record-setting $10.8 billion last year, many of the studios that create those effects are barely staying afloat.
Visual effects have been a part of the movie industry ever since Georges Melies went on his famous Trip to the Moon in 1902. These days, VFX studios do everything from putting a tiger in a lifeboat on an ocean voyage to choreographing the destruction of a New York City being defended by Earth's mightiest heroes.
Oxfam's "report card" evaluates giants of the supermarket aisle on their commitment to social and environmental issues.
Do failing grades inspire more effort? Oxfam hopes so. The activist group on behalf of the poor has just handed out report cards to 10 of the world's top food companies, grading their commitments to protect the environment and treat people fairly.
Oxfam doesn't grade on the curve, evidently. Every company flunked. But two European-based companies, Nestle and Unilever, were at least better than the others.
Real life crime and court scenarios are often plot lines for television shows. And since there aren't enough new hit dramas this season, CBS is staying competitive with its old standbys, crime procedurals, like "The Mentalist" and "NCIS."
TV critic Eric Deggans says the network is also trying something new, with a show that premieres tonight.
ERIC DEGGANS: In some ways, the new drama "Golden Boy" seems like a serious Hail Mary pass for CBS.
If you were to open a new brick-and-mortar bookstore, New York City would be a very pricey place to do it. Manhattan boasts some of the world's most valuable land - and, as it turns out - air. And that is our last word in business this morning.