Why Apple is delaying its earnings call, Volkswagen close to $10+ billion deal, these are the highest paying US companies...
VW nears a deal: The scandal-mired car company is close to announcing a deal in the US to resolve its emissions controversy. The deal, which could include a maximum theoretical penalty of $18 billion, will entail fixing or buying back the 600,000 affected US vehicles. Kelly Blue Book estimates the cost of buying back these cars at around $7 billion. And this is just the US—VW admits to installing the faulty equipment in some 11 million cars worldwide. The steep prices are worth it for the company, though: "The uncertainty over the financial impact of the deception has delayed its earnings reports and impaired its ability to raise money on the markets."
Meanwhile, at Mitsubishi: The carmaker's own scandal deepens, as its shares have been suspended (after closing at the lowest level since December 2012 on Wednesday). Now the company—as well as the Japanese Ministry of Land, Infrastructure, Transport and Tourism—has begun investigating whether the falsified data affects more vehicles than originally thought.
Honoring 'Coach': Apple was supposed to report earnings on Monday, but the company has moved its call to Tuesday, April 26th, to accommodate a memorial for Silicon Valley legend Bill Campbell. Campbell, a mentor to numerous tech power players, served on Apple's board for 17 years and was the company's longest-serving member.
Isn't that a shocker: Glassdoor has released its annual list of highest-paying companies, and, unsurprisingly, tech and consulting dominate. AT Kearney, the Chicago-based management consulting firm, comes out on top. Google is in fifth place, but it's not the highest-paying tech company: that honor goes to Juniper Networks.
God Save the Tweets: If you have love for queen, country, and social media, pay attention. Not only is today Queen Elizabeth II's 90th birthday (which makes her Britain's longest serving monarch), she's also hiring: the British Monarchy's Royal Communications office is looking for a head of digital engagement. "Whether you're covering a state visit, award ceremony or royal engagement," the job description reads, "you'll make sure our digital channels consistently spark interest and reach a range of audiences." The role requires 37.5 hours of work a week and will pay between £45,000 and £50,000 a year. So get applying, Anglophiles.
Cover Photo: Happy birthday, Queen Elizabeth II! This is one of three official photos by Annie Leibovitz to mark the occasion. (And, of course, don't forget the image's other important figures: clockwise from top left Willow (corgi), Vulcan (dorgie), Candy (dorgie) and Holly (corgi).)
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