Competition for top quant talent has never been stiffer. With top hedge funds and high-frequency trading firms in expansion mode - and increasingly encroaching on the same turf - the mathematicians, physicists, data scientists, and engineers who power them are in high demand. The emergence of AI labs, which can outbid even the top-tier finance firms with war chests of tens of billions in capital, has only ratcheted up the competition.
South Korean online retail giant Coupang said it will offer 1.69 trillion South Korean won ($1.17 billion) in compensation to 34 million users affected by a massive data breach disclosed last month.
Banks need elite talent to tackle what's expected to be a busy 2026, forcing them to compete for top dealmakers amid one of the strongest M&A backdrops in years. The industry "will probably have the second biggest year in history," Goldman Sachs CFO Denis Coleman said on Tuesday at a financial industry conference hosted by the firm, noting that the bank has already advised on activity "north of a trillion dollars" this year.
A police force has reportedly admitted it unlawfully arrested two parents in front of their nine-year-old daughter after they complained about her school on WhatsApp. Rosalind Levine and her partner, Maxie Allen, said they were held at a police station for 11 hours over the complaints about their daughter's primary school. The pair claimed they had been arrested and detained in January by six uniformed officers on suspicion of harassment, malicious communications and causing a nuisance on school property.
The Health Service Executive (HSE) has been ordered to pay out one year's pay of €86,717 compensation to a female pharmacist who was repeatedly sexually harassed by a senior colleague in the workplace.
Sir Alan Bates has agreed a multimillion-pound settlement with the government more than two decades after he began the campaign for justice for post office operators over the Horizon IT scandal. Bates has previously accused the government of presiding over a quasi-kangaroo court system for compensation, and last year said that post office operators may return to court over delays with settling claims. The 70-year-old was knighted last year and was portrayed by the actor Toby Jones in the hit ITV drama Mr Bates vs the Post Office, which thrust the plight of post office operators into the national spotlight.
An east London council paid out more than half a million pounds in compensation to residents last year amid a record number of complaints. In an annual report shared at a scrutiny meeting on Monday, Hackney Council revealed its total complaints over services had doubled since the Covid-19 pandemic particularly around housing. Since January 2021, the number of Stage 1 complaints to the housing service nearly trebled to more than 3,000 by January 2025. Mayor of Hackney Caroline Woodley assured members the council was investing more money in the borough's housing stock to stem the steep increase including by replacing hundreds of faulty lifts across its estates.
Meet the budget-friendly promotion: more work, same pay. It's a common phenomenon for many workers. One day you're updating spreadsheets and shadowing meetings. Next, you're suddenly scheduling boardroom calls and taking on a team of your own. The responsibility piles on, but your paycheck still looks grim when it comes to splurging on the weekends. That's a "quiet promotion." And as more economic concerns drive smaller compensation budgets-silent workload changes are becoming more common.
The Labour Court has ordered a tech company to pay over half a million US dollars to its Irish founder after the firm failed in its appeal against what it claimed to be an "excessive" unfair dismissal award. It follows a significant ruling by the appellate court that because of his high pay and past track record in business, the sacked CEO was entitled to focus on setting up a new company while jobless, instead of trying to find employment.
A man was forced to sleep in his car for more than a year after Redbridge Council failed to find him new housing. He ended up on the streets in June 2023 and lived in his car until November 2024, during which time he was attacked on several occasions. Following a review by the Local Government and Social Care Ombudsman, Redbridge Council was ordered to pay him a total of 1,900 in compensation.
Recovering from a serious injury often requires more than medical treatment. Victims face mounting expenses, emotional strain, and disruptions to their personal and professional lives. Personal injury claims exist to ease these burdens, helping victims rebuild their lives while holding negligent parties accountable. Understanding how these claims work, what damages are recoverable, and how attorneys advocate for their clients can make the path to recovery clearer.
Far from devaluing creativity, the AI boom is making it one of the most expensive skills in tech. A job listing for a content strategist at OpenAI, posted earlier this week, comes with a pay package that rivals senior engineering roles: $310,000 to $393,000 in base salary plus equity. Glassdoor data shows the average US content strategist earns about $92,000.
ANZ Group Holdings Ltd. said staff compensation will take a hit if employees aren't in the office at least half of the working week, as chief executive officer Nuno Matos drives an overhaul of the Australian lender. The email on Thursday to managers detailed a tool to track attendance of staff members and outlined pay brackets for people not meeting the 50% threshold, according to an internal memo.
When Meta CEO Mark Zuckerberg slides into your employees' DMs, how do you stop them from leaving? It's a question tech companies have wrestled with this summer as the AI talent wars reached fever pitch. And it's not just Meta on the offensive; Google, OpenAI, Microsoft, Amazon, and others are all vying for researchers and AI whizzes capable of making the next big breakthrough. In some cases, they're dangling life-changing sums of money to get them.
Charlotte Friel, director of retail pricing and systems at Ofgem, emphasized that millions of consumers rely on their smart meter for accurate readings and efficient billing, highlighting the importance of addressing faulty installations and connectivity issues.
Hetticia and Vanderbilt McIntosh had their UK status revoked in the 1970s and 1980s, through no fault of their own. The married parents of three were forced to start again in St Lucia, more than 4,000 miles away.
