When CEO pay exploded (update)

In the early 90’s, a company called General Magic began working on a portable device that would allow people to check email, make phone calls, even play games. It was basically a smartphone. But it never caught on.On today’s show, a theory about why this device failed. General Ma ...  Show more

Prediction markets aren’t new. Election betting was common until the 1940s, then mysteriously faded away.There was an entire political era when party bosses were expected to conspicuously gamble on their candidates (even if they secretly hedged).And in the 1980s, a few economists ...  Show more

A new report from the Economic Policy Institute looks into the salary and stock packages of America’s most overcompensated corporate titans and the numbers are staggering. According to journalist Mark Kreidler, who recently covered the report for Capital + Main, CEO paychecks are ...  Show more

We’re off today for the holiday, but wanted to share this episode. Sonos, the high-end speaker company, is still reeling from its disastrous app update over a year ago. WSJ’s Ben Cohen explains how the company lost revenue and approximately $600 million in market capitalization. ...  Show more

Investors who poured millions into the Public Hospitality Group are unlikely to recoup their cash after founder Jon Adgemis declared bankruptcy. Today: how this former billionaire built - and lost - an empire. You can read more about this story, plus see photos, videos and additi ...  Show more

Remuneration among CEOs in the US is rising quickly. It’s been hard to miss recent examples of massive pay packages, like for Tesla’s Elon Musk. But that growth is far outpacing that of wages for everyday workers in the US. The FT’s corporate governance reporter Patrick Temple ...