NATION
NATION
GM recalling Vibes to fix bolts in power windows
WASHINGTON — General Motors Corp. is recalling 122,593 Pontiac Vibe passenger cars in the United States to fix bolts in the power window system that can become loose and lead to the window shattering.
GM says it received 107 complaints of glass breaking and 11 reports of minor injuries. There have been no crashes reported. The GM recall involves 2003-04 model year Vibe vehicles with power windows.
Very rich Exxon gives CEO-chairman 18% raise
HOUSTON — Exxon Mobil Corp., whose $40 billion profit last year again broke the record for a U.S. company, gave chairman and CEO Rex Tillerson an 18 percent raise to $21.7 million, according to an analysis of a proxy statement filed Thursday.
Tillerson, 56, who’s held the top job at the oil giant since 2006, received a salary of $1.8 million and a $3.4 million bonus in 2007. The company boosted Tillerson’s salary to $1.9 million on Jan. 1.
The bulk of Tillerson’s package was from a stock award Exxon Mobil valued at roughly $16.1 million when it was granted Nov. 28, according to the company’s filing with the Securities and Exchange Commission.
Associated Press
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