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    GM Says New CEO Will Earn 60 Percent More Than Male Predecessor

    General Motors took the unusual step of releasing full details of their new CEO's pay package.

    All told, Mary Barra could make $14.4 million this year, or about 60 percent more than her male predecessor.

    As Bloomberg reports, last week the automaker was criticized for paying Barra too little. Her compensation, which news reports put at $4.4 million, was seen as living proof that corporate America pays women a lot less for doing the same job as a man.

    Today, GM released the figures saying it wanted "to correct misperceptions created by comparisons that used only a portion of Barra's overall compensation."

    USA Today reports:

    "After becoming the first big car company to put a woman in the corner office, GM definitely didn't want to be seen as underpaying her, as some reports last week had said.

    "Those failed to note her long-term compensation, because GM had not disclosed that at the time. CEOs get a large portion of their compensation in awards tied to stock performance, to ensure their interests and stockholders' are the same.

    "Barra's package is $1.6 million in salary, $2.8 million in short-term incentives and long-term compensation of $14.4 million."

    Bloomberg adds that her total compensation could put Barra among the top three car executives. Ford's Alan Mulally earns $21 million; VW's Martin Winterkorn earns $19.8 million; Diamler's Deiter Zetsche earns $11.1 million.

    The Detroit Free Press says former CEO Dan Akerson:

    "... was paid about $9 million in his final year as CEO. His compensation was capped by the U.S. Treasury Department while the government still owned GM shares. The U.S. Treasury lifted those restrictions when it sold the rest of its shares in January."

    Copyright 2014 NPR. To see more, visit http://www.npr.org/.

    NPR

    'The Wake' Is An Unlikely Hit In An Imaginary Language

    Paul Kingsnorth self-published The Wake, his tale of the 11th-century Norman conquest of England, written in a pastiche of Old and modern English — and was startled when it became a smash hit.
    NPR

    Philly Preps Blessed Beer And Other Edible Swag To Greet Pope Francis

    Enterprising businesses will mark the pope's visit to Philadelphia next month with irreverent tchotchkes — including beers brewed with holy water and toasters that etch the pontiff's face on bread.
    WAMU 88.5

    The Politics Hour - August 28, 2015

    We chat with D.C. Police Chief Cathy Lanier about the city's strategy to combat the spike in violent crime taking place in the nation's capital.

    NPR

    New Tesla Breaks Consumer Reports' Ratings Scale, Bolsters Company's Stock

    "It kind of broke the system," says Jake Fisher, director of the magazine's auto test division. Tesla's stock rose 8 percent Thursday.

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