Voters in Switzerland have approved a referendum to curb executive pay. The move comes less than a week after the European Union announced plans to cap banker bonuses.

EU officials have announced an agreement that would restrict the amount bankers can receive as as bonus.

Citigroup and other companies face shareholder disapproval of high executive pay. Will the boards of directors heed the concerns?

Commentator Teresa Amabile on the misconceived correlation between paychecks and joy.

Several of Europe's biggest banks are reporting billion dollar losses today and yet, banks are handing out billions in bonuses and getting a lot of flack for it.

Fatter paychecks could boost local economies.

David Brancaccio discusses why bonuses are expected to go down this year, and how Washington plans to regulate executive compensation.

*The Mid-Day Update is a five-day-a-week podcast from the Marketplace Morning Report co-hosted by Bill Radke and Steve Chiotakis that wraps up the…

As I've pointed out the last couple days, I worry that the whirling dervish of AIG's bonuses might be diverting our attention from issues more…