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An 11th sector soon will be added to the 10 sectors that make up the Standard & Poor’s 500-stock index. Real estate investment trusts (REITs), currently lumped in with the rest of the financial sector, will be in a category all their own after the markets close on Aug. 31. … Read More

If the Lone Ranger were one of the highest-paid CEOs, his board chairman would probably be Tonto. After analyzing executive pay and board structure at S&P 500 companies over three years, Institutional Shareholder Services found that CEO compensation rose when board chairpersons had close ties to the company and the… Read More