bulk

At least one board member was adamant that the departing CEO should be eligible to receive the bulk of his compensation package, people familiar with the discussion said.

Federal authorities alleged the bulk of the payments were made to McCluskie’s wife, who did not actually provide consulting services, and deposited into an account accessed by McCluskie.

The bulk of Verizon’s job cuts will be in the form of layoffs, though the company also plans to turn roughly 200 stores into franchised locations, which would move those workers off its payroll.

Large builders can offer these eye-catching deals because they buy forward commitments from lenders; an agreement to buy mortgages in bulk at a below-market rate.

Retail sales, which account for the bulk of the company’s revenue, rose 11%.