Daily News: November 16, 2017

WSJ: Toys ‘R’ Us Petitions Court to Pay $16MM Executive Bonuses


The Wall Street Journal reported Toys ‘R’ Us is seeking approval from the bankruptcy court to pay $16 million in bonuses to its senior executives, including Chief Executive David Brandon.

According to the Journal, the company told the court that it needs to offer incentive bonusses to senior managers at it gears up for the critical holiday season.