Citadel Broadcasting Agrees to Cut Executive Pay

Citadel Broadcasting Corp. (CTDBQ) changed its compensation plans for top management after complaints that they violated the terms of its bankruptcy reorganization.

Citadel, the third-largest radio broadcaster in the U.S., exited bankruptcy protection in June owned by creditors including JPMorgan Chase (JPM), The Wall Street Journal said.

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R2 Investments, another creditor, said that…

Continue reading Citadel Broadcasting Agrees to Cut Executive Pay

Citadel Broadcasting Agrees to Cut Executive Pay originally appeared on DailyFinance on Wed, 03 Nov 2010 07:31:00.

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T-Mobile USA Says High-Speed Technology Faces Obstacles

T-Mobile USA warned that plans to introduce new high-speed mobile technology could go badly wrong for consumers and companies.

Verizon Wireless (VZ) is currently working on a high-speed service for the end of this year, Reuters reported. The service …

Company Products and Services Get LinkedIn

The latest in LinkedIn bells and whistles? A new recommendations feature for its company pages, which allows users to chime in with recommendations for companies’ products and services.

“By displaying their strongest recommendations to prospective cus…