LONDON (Reuters) – Wall Street bank JP Morgan and Greek fintech boss Haris Karonis both claimed success on Thursday in a London court battle over how to value a joint business, paving the way fo[...]
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June 13, 2024
Tesla’s performance since Musk’s compensation package was first approved in 2018
By Akash Sriram (Reuters) – Tesla shareholders have approved CEO Elon Musk’s $56 billion remuneration package for the second time at a crucial annual shareholder meeting after a Delaware c[...]
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Analysis-Elon Musk convinced Tesla investors to back his pay. Now he must persuade a judge
By Tom Hals WILMINGTON, Delaware (Reuters) -Tesla has convinced an army of small investors and major funds to ratify Elon Musk’s $56 billion pay package. Now comes the harder part: persuading an[...]
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Morning Bid: Caution at Fed, but what about the Bank of Japan?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia’s market spotlight on Friday shines brightly and almost exclusively on the Bank of Japan, notably the degree an[...]
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Teva sues Corcept over mifepristone ‘monopoly’ for rare disorder
By Mike Scarcella (Reuters) – Teva Pharmaceuticals sued rival drugmaker Corcept Therapeutics in federal court in San Francisco on Thursday, accusing it of monopolizing the market for mifepriston[...]
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Factbox-How Elon Musk’s pay package compares with other top CEOs in the US
(Reuters) -Tesla shareholders will vote on Thursday on whether to ratify CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided in January because she found he improperly control[...]
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Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows
NEW YORK (Reuters) – Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million a[...]
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US lawmakers grill Microsoft president over China ties, hacks
By Zeba Siddiqui WASHINGTON (Reuters) -Microsoft President Brad Smith fielded questions about the tech giant’s security practices and ties to China at a House homeland security panel on Thursday[...]
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Argentina markets cheer ‘best day’ for Milei after Senate, China boosts
By Karin Strohecker and Walter Bianchi LONDON/BUENOS AIRES (Reuters) -Argentina’s markets rallied on Thursday as investors breathed a sigh of relief after the Senate passed a sprawling bill that[...]
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