(Reuters) – Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) on Friday both urged Bank of America to split the CEO and chairman roles held by Brian Moynihan. “Appoin[...]
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April 5, 2024
Alabama Mercedes Benz plant workers file for union election, UAW says
By Nora Eckert and David Shepardson DETROIT/WASHINGTON (Reuters) -Workers at a Mercedes Benz factory in Vance, Alabama, filed a petition with U.S. regulators to hold an election to join the United Aut[...]
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Wall Street indexes rise after strong jobs data
By Chibuike Oguh NEW YORK (Reuters) -U.S. stocks finished higher on Friday after a strong jobs report reinforced the view that the economy remains healthy even as it suggested the Federal Reserve coul[...]
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Departing Boeing CEO gets nearly $33 million in 2023 total compensation
By Allison Lampert, Abhijith Ganapavaram and David Shepardson (Reuters) -The 2023 pay package of Boeing’s CEO, who recently announced his departure in the midst of a safety crisis, rose about 45[...]
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Terraform Labs and founder Do Kwon found liable in US civil fraud trial
By Jody Godoy NEW YORK (Reuters) -A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the U.S. Securities and Exchan[...]
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Analysis-Tesla’s bet on robotaxis is a long way from paying off
By Abhirup Roy, Norihiko Shirouzu and Mike Spector (Reuters) – Tesla is making a risky bet if it shifts efforts on its small-car vehicle platform to robotaxis as the successful introduction of v[...]
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Morgan Stanley nominates ex-UK regulator to its board, boosts executive pay
By Tatiana Bautzer and Mehnaz Yasmin (Reuters) – Morgan Stanley nominated former UK financial regulator Megan Butler to its board of directors, the bank said in a filing on Friday. Butler, 59, p[...]
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United Airlines postpones investor day amid US FAA investigation following safety incidents
(Reuters) – United Airlines postponed on Friday its investor day which was scheduled for early next month, amid a review by the U.S. Federal Aviation Administration following multiple safety inc[...]
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Apple asks US appeals court to reverse Apple Watch import ban
By Blake Brittain (Reuters) – Apple urged a U.S. appeals court on Friday to overturn a U.S. trade tribunal’s decision to ban imports of some Apple Watches in a patent dispute with medical-[...]
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