Fox News to pay 'tens of millions' to axed host

Fox News to pay 'tens of millions' to axed host

Bill O’Reilly will be paid tens of millions of dollars on his way out of Fox News. “It is a staggering amount,” said a source personally involved in the exit maneuverings. 21st Century Fox and O’Reilly’s representatives will not acknowledge the existence of a payout. A confidentiality agreement limits what the two sides can say. But two well-placed sources confirmed to CNNMoney that O’Reilly does have a parachute. That’s because O’Reilly signed a new contract right before being ousted. The two sources, who spoke independently of one another, said the…

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Sentinel satellites to monitor every volcano

Sentinel satellites to monitor every volcano

Image copyrightGetty Images Image caption Countries that have limited resources to monitor their volcanoes will benefit mostA UK-led team of scientists is rolling out a project to monitor every land volcano on Earth from space. Two satellites will routinely map the planet’s surface, looking for signs that might hint at a future eruption. They will watch for changes in the shape of the ground below them, enabling scientists to issue an early alert if a volcano appears restless. Some 1,500 volcanoes worldwide are thought to be potentially active, but only…

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Analysis of tax office figures shows income gaps between men and women

Analysis of tax office figures shows income gaps between men and women

Only one top-earning job in Australia pays women more than men – and it does so by less than half a per cent, according to a Fairfax Media analysis of the latest tax office figures. The median taxable income for female judges in 2014-15 was $372,985, compared with $371,470 for male judges – a gap favouring women by 0.4 per cent. Median taxable income means half of workers earn more than this amount after deductions, and half earn less. The figures show there is no such thing as a job…

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India bans use of red beacon lights on cars

India bans use of red beacon lights on cars

Image copyrightAFP Image caption Critics say VIPs often use beacons as a status symbol and these lead to traffic chaos for commutersIndia will ban ministers and senior officials from using red beacons on their cars to speed through traffic. Finance Minister Arun Jaitley said “no vehicle will have a red light” from 1 May, and “there will no exceptions”. Under the new rule, only emergency vehicles, ambulances, fire engines and police cars can use flashing blue lights. Critics say VIPs often use red beacons as a status symbol, leading to…

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