Tag: package

Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis

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[ad_1] Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and his latest compensation package is taking a hit from the prolonged safety crisis surrounding the company’s best-selling jetliner, the 737 Max. Calhoun’s total compensation last year rose 45% to $32.8 million, up from $22.6…

Biden signs $1.2 trillion spending package for government funding until October

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[ad_1] U.S. President Joe Biden and Vice President Kamala Harris meet with (L-R) Senate Minority Leader Mitch McConnell (R-KY), House Speaker Mike Johnson (R-LA), Senate Majority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY), on February 27, 2024 at the White House in Washington, DC. Roberto Schmidt | Getty Images President Joe Biden on Saturday signed Congress‘ $1.2 trillion spending package, finalizing the remaining batch of bills in a long-awaited budget to keep the government funded until Oct. 1. Almost halfway into the fiscal year, the president’s signature…

Congress passes $1.2 trillion spending package, averting shutdown at last minute

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[ad_1] Washington — Congress narrowly averted a partial shutdown early Saturday, passing a massive spending package mere hours after a midnight deadline passed. The package fully funds the government through September and ends a monthslong fight over spending that persisted six months into the fiscal year.  The Senate approved the $1.2 trillion package, which was unveiled early Thursday in a vote of 74 to 24. Hours earlier, it advanced out of the House in a 286 to 134 vote.  The Senate slipped past the deadline after an hourslong standoff on…