Apr 5, 2018

CHS chief gets higher bonus despite company's struggles

Community Health Systems owns more than 120 hospitals. Photo: Anders Clark / EyeEm via Getty Images

Community Health Systems CEO Wayne Smith made $5.9 million in 2017, down about 18% from his pay in 2016, based on actual realized stock gains in the company's latest proxy document. Smith's 2017 pay included an $810,000 cash bonus, 27% higher than 2016, which was tied to the hospital chain's revenue and undefined "performance improvement."

The bottom line: Smith got a bonus that was 13 times higher than his employees' median compensation โ€” even though the system is hemorrhaging money, selling off hospitals and struggling with debt that has ballooned from a hospital merger that Smith regrets making.

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Sanders requests recount of Iowa recanvass after results show shrunken margin

Photo: Joe Raedle/Getty Images.

Sen. Bernie Sanders said in a statement Tuesday night he will request a recount of the Iowa Democratic Party's recanvass results.

Where it stands: Both Buttigieg and Sanders requested partial recanvasses in Iowa last week after results were delayed and showed several errors following a software malfunction on caucus night.

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Energy deputy secretary nominee faces heat after contradicting Trump

Mark Menezes speaks at a forum in Addis Ababa, Ethiopia, June 12. Photo: Minasse Wondimu Hailu/Anadolu Agency/Getty Images

Trump administration officials are internally raising concerns about President Trumpโ€™s nominee for Energy deputy secretary, who appeared to openly contradict the president on nuclear waste storage at Nevadaโ€™s Yucca Mountain last week.

Driving the news: While speaking at a House Energy and Commerce subcommittee hearing last Wednesday, Mark Menezes told members of the panel that the Trump administration is still interested in storing nuclear waste at Yucca Mountain and that โ€œwhat we're trying to do is to put together a process that will give us a path to permanent storage at Yucca."