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"I think this is absolutely a sign of labels recognising that there is pressure coming from not only artists but fan bases, and it's increasingly being talked about publicly," she said.
For years, there’s been something of a competition among elite founder-CEOs to go even lower. Steve Jobs took $1 in salary when he returned to Apple in the 1990s. Facebook’s Zuckerberg, Oracle’s Larry Ellison and Google’s Larry Page have all done the same.
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The vast majority of the ultrawealthy’s loans do not appear in the tax records obtained by ProPublica since they are generally not disclosed to the IRS. But occasionally, the loans are disclosed in securities filings. In 2014, for example, Oracle revealed that its CEO, Ellison, had a credit line secured by about $10 billion of his shares.
Many older millennials who are now approaching middle age have significant career regrets. Nearly half, 47%, say they wish they had chosen a different career path when they started out, according to a recent survey of 1,000 U.S. adults ages 33 to 40, conducted by The Harris Poll on behalf of CNBC Make It.
Sen. Ron Johnson, R-Wis., who had objected to the bill, dropped his objection. “While it still seems strange that having taxpayers provide federal employees paid time off is now required to celebrate the end of slavery, it is clear that there is no appetite in Congress to further discuss the matter,” he said in a statement.
Kristof is the editor of SideHusl.com, an independent site that reviews hundreds of money-making opportunities in the gig economy.
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