Gannett Co., owner of The Daily Advertiser, announced another round of unpaid furloughs just five days after the corporate giant disclosed $2 million in bonuses to CEO Craig Dubow and the other four highest-paid execs. “Even after his 2008 bonus was whacked in half, Chairman and CEO Craig Dubow still got $875,000, according to the new proxy report to shareholders. And that was on top of his $1.2 million salary, plus all the other millions the 54-year-old has made since 1981, when he began climbing Corporate’s ladder,” reports independent Gannett watcher Gannett Blog.
For more on how the cuts have affected The Daily Advertiser and its sister publications, read The Independent Weekly's cover story Chain Reaction.
The nation’s largest newspaper group, which cut 2,200 newspaper jobs during the fourth quarter of 2008 and forced employees to take a week off without pay this year, has not ruled out the possibility of more layoffs.
Frank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again, it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation services to the oil and gas industry plans to go public this year.
The defeat, or rather highjacking of House Bill 420 in the final days of this year's Legislative Session, say Reps. Vincent Pierre and Terry Landry, is the result of the propaganda spread by one unidentified local media outlet and an unnamed former state Representative, but nothing to do with the original legislation's lack of checks, balances or details.
He’s a singer. A songwriter. A piano man. A family man. He’s even got his own Wikipedia entry. He’s David Egan. And he knows ancient secrets about the monolithic stones of Stonehenge that he’s not willing to share.