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A top banker received a $20 million bonus after four firms made him job offers as Wall Street goes to extremes to recruit and retain talent

A top banker received a $20 million bonus after four firms made him job offers as Wall Street goes to extremes to recruit and retain talent

Big money is back on Wall Street, and top banks are opening their wallets in a fierce competition to hire new workers and keep the ones they have. Wall Street employment lawyer Steven Eckhaus, who works at McDermott Will & Emery and represents top bankers, told the New York Times that he negotiated several eight-figure … Read more

Firms raise pay deals to attract new recruits, study suggests

Firms raise pay deals to attract new recruits, study suggests

Firms say they are having to increase pay rates to recruit new staff, according to a report – despite a separate study suggesting that most workers believe their pay will not keep up with the cost of living this year. Demand for staff continues to increase amid the easing of pandemic restrictions and improved confidence … Read more

DVLA will block parking firms from driver's data under radical new changes

DVLA will block parking firms from driver's data under radical new changes

The DVLA will block parking firms from driver’s data if they fail to obey a new set of rules under new changes being brought in by the Government. Ministers have announced that they will be cracking down on parking firms who fine drivers £100 or more due to unfair charges. Fines will be cut by … Read more

North Korea is stealing millions in cyber attacks on banks and crypto firms, UN warns

North Korea is stealing millions in cyber attacks on banks and crypto firms, UN warns

UN experts say North Korea continues to steal hundreds of millions of pounds from financial institutions and cryptocurrency firms, with the dictatorship using the illicit money to fund its nuclear and missile programs. The panel of experts said that, according to an unnamed government, North Korean “cyber-actors stole more than 50 million dollars (£37 million) … Read more

What is a windfall tax? Labour demands one-off levy on gas and oil firms

What is a windfall tax? Labour demands one-off levy on gas and oil firms

The Labor Party is calling on the government to introduce a windfall tax on gas and oil firms, as millions of UK households face a sharp rise in energy bills this spring. Today (February 1st), Labor will put forward a motion in Parliament proposing that energy producers are subject to a one-off windfall tax, amid … Read more

Social media firms should be fined if they don’t prevent repeated abuse online, say MPs

Social media firms should be fined if they don’t prevent repeated abuse online, say MPs

Social media companies should face fines if they can’t prove they’re preventing people banned from their platforms for abusive behavior from opening new accounts, a report by MPs says. The House of Commons Petitions Committee has called on the government to strengthen its online safety bill to better tackle abusive behaviour. In addition to fines … Read more

It’s Time to Hold Law Firms Accountable for Their Role in Climate Change

It’s Time to Hold Law Firms Accountable for Their Role in Climate Change

A camp for Dakota Access Pipeline water protectors on the day the raid was planned. (Michael Nigro/Getty) This story was produced for Student Nation, a program of the Nation Fund for Independent Journalism dedicated to highlighting the best in student journalism. For more information on Student Nation, visit our archive or learn more about the … Read more