The Business World

In order to make things a bit easier on the company and its employees the CEO’s of Yahoo and Apple are taking a serious pay cut. Yahoo released an amendment to their annual report that showed CEO Jerry Yang was paid only $1 during 2007. Likewise CEO of Apple – Steve Jobs – was also paid a salary of $1.

After last years massive recalls Mattel has been struggling with a drop in sales of their Fisher-Price toys and higher costs. They were discouraged Monday to see that they lost $46.6 million in their first quarter at Wall Street. Hasbro on the other hand saw a 14% increase in profits.