CEO pay again in focus as the heads of failed banks appear before Senate panel
The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health
2023-05-16 17:16
Biden administration announces $11 billion for rural clean energy projects
By Leah Douglas WASHINGTON Rural electric cooperatives, utilities, and other energy providers will soon be able to apply
2023-05-16 17:15
Microsoft-Activision Gets Sliver of Hope as EU Defies UK
Microsoft Corp.’s $69 billion takeover bid for games developer Activision Blizzard Inc. came back from the brink after
2023-05-16 16:58
Tesla Executives to Visit India This Week in Pivot Beyond China
A group of senior Tesla Inc. executives plan to visit India this week to meet with federal government
2023-05-16 16:53
Pakistan Army Vows Action Against Mobs Attacking Its Property
Pakistan’s army said it will no longer show “restraint” with groups attacking its property and vowed action against
2023-05-16 16:51
US on track for June 1 default without debt ceiling hike, Treasury says
By David Lawder, Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury Department reiterated Monday it expects to be able to pay
2023-05-16 15:59
Exxon settles Indonesia torture case that led to SEC official's ouster
Exxon Mobil on Monday settled a long-running human rights lawsuit with villagers who claimed soldiers Exxon hired to guard a natural gas facility in Indonesia committed murder and torture.
2023-05-16 15:18
Musk tells Tesla staff he must approve all hiring- memo
Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally
2023-05-16 14:57
Rakuten to Issue New Shares to Raise Up to $2.2 Billion, Sources Say
Rakuten Group Inc. plans to issue new shares to raise as much as ¥300 billion ($2.2 billion) to
2023-05-16 13:21
Warren Buffett's Berkshire Hathaway sells entire stake in TSMC
Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.
2023-05-16 12:50
China Probes Comedian For Mocking Xi Jinping Military Slogan
A Chinese comedian who joked about two dogs embodying the work ethic of a Xi Jinping military slogan
2023-05-16 12:46
EBRD: Inflation has peaked, but rising gas prices will pressure households
By Jorgelina do Rosario LONDON Inflation has peaked in emerging Europe, central Asia and north Africa, but rising
2023-05-16 12:25