Morning Scan: NYC Battles Banks in Court; Storm Over CEO Pay

Receiving Wide Coverage ...

The Pay Gap Debate: The Securities and Exchange Commission approved a rule Wednesday that will require publicly traded companies to disclose the pay ratio between chief executives and average workers. While the Dodd-Frank requirement was primarily aimed at helping shareholders compare the pay gap between companies, most of the papers predict the disclosures will matter more to employees and the public than to investors. ...