Commodities News
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The largest mining companies traded in London cut pay for their chief executive officers by an average 23 percent last year, as boards punished several top managers after a wave of failed deals.
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Gold futures fell to a three-week low on speculation that the Federal Reserve may signal a reduction of U.S. economic stimulus. Palladium dropped to the cheapest in more than a month as European car sales plunged.
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The U.S. oil boom is moving Congress closer than it has been in more than three decades to easing the ban on exporting crude imposed after the Arab embargo.
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Women may have better odds of getting a membership at Augusta National Golf Club than becoming the chief executive officer of an energy company in the Standard & Poor’s 500 Index.
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