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CEO of KB Home has bonus slashed over tirade against Kathy Griffin

NEW YORK—KB Home’s board will cut chief executive officer Jeffrey Mezger’s annual bonus by 25 per cent as punishment for his profanity-laced tirade against comedian Kathy Griffin and warned he’ll be dismissed if he does anything like that again. Mezger’s bonus for the fiscal year ending Nov. 30 will be reduced by $375,000, based on performance targets, because of “recent …

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Liliane Bettencourt, L’Oréal heiress and world’s richest woman, dies at 94

Liliane Bettencourt, a French heiress to the L’Oréal cosmetics fortune who became embroiled in a family feud that exploded into a financial and political scandal involving former French president Nicolas Sarkozy, died Sept. 20 at her home near Paris. She was 94. Her daughter, Françoise Bettencourt Meyers, announced her death but did not disclose the cause. Bettencourt had been reported …

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