Post Tagged with: "compensation"

Source: Reuters

Egypt could ask for up to $1 billion in compensation for Ever Given crisis


CAIRO — Egyptian authorities may seek over $1 billion in damages for helping to clear the Ever Given from the Suez Canal, as a dilemma emerges over who might foot the bill.

“We will reach over a billion …

Source: Reuters

How a Texas shale supplier’s founders made fortunes as the firm failed


On July 7, the board of directors at Texas fracking sand supplier Hi-Crush granted nearly $3 million in bonuses to four top executives, including $1.35 million for CEO and founder Robert Rasmus.

Five days later, the company declared bankruptcy.…