Trump wields presidential power on energy projects such as stalled Keystone XL

first_imgWASHINGTON – U.S. President Donald Trump is eager to jump-start energy projects such as the TransCanada Keystone XL oil pipeline, and he’s taken action to assert executive power over such infrastructure.The president last month issued a new permit for the stalled Keystone project, which would move Alberta crude to U.S. refineries, insisting it’s an exercise of presidential authority that’s not subject to judicial review.And Trump has now signed another order clarifying the president alone has authority to issue permits for cross-border projects such as pipelines.- Advertisement -A third order makes it harder for states to block pipelines and other energy projects on the basis of environmental concerns.Taken together, the actions are a broad assertion of presidential authority that reverses more than 50 years of practice.Pipeline opponents have already asked a federal court to strike down Trump’s new permit.Advertisement William Buzbee, a constitutional scholar and professor at Georgetown University Law Center, noted the action came after another judge ruled against Trump.“This is somewhat dumbfounding, the idea that a president would claim he can just say, ‘Never mind, I unilaterally call a do-over,”’ said Buzbee.In November, U.S. District Judge Brian Morris ruled the Trump administration did not fully consider potential oil spills and other impacts when it approved the pipeline in 2017.last_img read more

Read More →

Enterprise sales managers receive 2017s highest bonuses

first_imgEnterprise sales managers and global account managers receive the largest median bonuses in the UK of up to £55,000 and £33,500 respectively, according to research by Glassdoor.Its UK jobs paying the highest bonuses report analysed the median compensation and median bonuses for jobs that have been anonymously shared by employees on the recruitment website. For a job title to be considered, a minimum of 25 bonus reports must have been submitted by UK-based employees between 21 September 2015 and 20 September 2017.In the report, the definition of bonuses includes cash bonuses, stock bonuses, profit sharing amounts, sales commission and tips or gratuities.The research found that global account managers could earn the second largest bonus of up to £33,500, as well as a median total compensation of £101,000 compared to an enterprise sales manager’s total median compensation of £110,000. Partners ranked third on the list with a median bonus of £30,000 and a median total compensation of £150,000.The top 10 job roles offering the biggest bonuses for 2017 are:Enterprise sales manager: Median bonus of £55,000 and median total compensation of £110,000.Global account manager: Median bonus of £33,500 and median total compensation of £101,000.Partner: Median bonus of £30,000 and median total compensation of £150,000.Chief operating officer: Median bonus of £30,000 and median total compensation of £155,000.Chief financial officer: Median bonus of £30,000 and median total compensation of £156,000.Kitchen designer: Median bonus of £26,500 and median total compensation of £42,750.Chief technology officer: Median bonus of £25,000 and median total compensation of £165,000.Chief executive officer: Median bonus of £25,000 and median total compensation of £160,000.Channel manager: Median bonus of £25,000 and median total compensation of £90,000.Business development consultant: Median bonus of £23,250 and median total compensation of £63,500.A variety of financial roles did not rank in the final top 10 list, including that of investment banking analyst with a median bonus of £21,800 and median total compensation of £74,300; equity research analyst earning a potential median bonus of £20,000 and median total compensation of £87,000; and trader who could take home up to £20,000 in median bonus and £100,000 in median total compensation.David Whitby, UK country manager at Glassdoor, said: “The earning potential of a high-performing UK sales employee is undeniable and we are now seeing sales roles beating financial positions in terms of offering the biggest bonuses. What’s even more interesting is that a career in sales does not require what we’d call a traditional degree qualification, which suggests that high-paying and rewarding roles are more accessible than ever before in the UK.”last_img read more

Read More →