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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Fifa

FIFA Passes Massive Reform Package

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February 26, 2016, 11:35 AM ET
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FIFA president Sepp Blatter looks on with fake dollars note flying around him throw by a protester during a press conference at the football's world body headquarter's on July 20, 2015 in Zurich. FIFA said Monday that a special election will be held on February 26 to replace president Sepp Blatter. AFP PHOTO / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)Photograph by Fabrice Coffrini — AFP/Getty Images
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FIFA’s member nations voted overwhelmingly in favor of a landmark reform package at the extraordinary congress in Zurich Friday, ahead of the presidential election.

Term limits, the FIFA Executive Committee making way for the FIFA council, the publication of senior executives’ salaries and a greater presence of women on FIFA committees are highlights of the reform package, which passed by a 179-22 vote.

The new president will not be able to serve more than three four-year terms, for a maximum of 12 years in office. Sepp Blatter had been president since 1998 until his ban removed him from office.

Other pieces of the reform package include:

https://twitter.com/fifamedia/status/703171781092204544/photo/1?ref_src=twsrc^tfw

https://twitter.com/fifamedia/status/703170816364584960/photo/1?ref_src=twsrc^tfw

https://twitter.com/fifamedia/status/703171949812318208/photo/1?ref_src=twsrc^tfw

Based on FIFA regulations, the new reforms will go into effect in 60 days.

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