Marketplace Morning Report for Wednesday, April 18, 2012
Citigroup's shareholders have said 'no way' to a hefty pay package for senior executives, including a $15 million dollar salary for bank's CEO. The White House is threatening to veto a transportation bill in the House after legislators tacked on an approval for the controversial Kestone XL oil pipeline -- even though the company building the pipeline says it's secured almost all the land it needs to begin construction of a shortened line from Oklahoma to the Gulf Coast. And Hulu joins online rival Netflix in producing original web-only content, and looking for new advertising revenue.
Citigroup’s shareholders have said ‘no way’ to a hefty pay package for senior executives, including a $15 million dollar salary for bank’s CEO. The White House is threatening to veto a transportation bill in the House after legislators tacked on an approval for the controversial Kestone XL oil pipeline — even though the company building the pipeline says it’s secured almost all the land it needs to begin construction of a shortened line from Oklahoma to the Gulf Coast. And Hulu joins online rival Netflix in producing original web-only content, and looking for new advertising revenue.