Dow Jones Newswires Unicredit to Hand $570 Billion to Shareholders after Record Profit
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Stocks Fall; Gold Hits Another Record
Investors are awaiting consumer-price-index data, which will show whether a bounceback in price pressures at the start of 2024 continued in March.The Wall Street Journal - World -
Tesla Wants Shareholders to Approve Elon Musk's Pay Package. Again.
The $55.8 billion compensation deal was previously struck down in court.The Wall Street Journal - World - Tesla -
Tesla wants shareholders to vote again on Musk's $56 billion payout
Elon Musk's 2018 compensation package is back for board re-certification after being voided by a Delaware court.CBS News - Top stories - Tesla -
Tesla asks shareholders to vote again on Musk's $56 billion payout
Tesla CEO Elon Musk's $56 billion pay package will go to another shareholder vote in June, after a Delaware court voided it as excessive.CNBC - Business - Tesla -
Tesla asks shareholders to vote again on Musk's $56 billion payout
Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this year after ruling that the record-setting compensation deal was “deeply flawed.”NBC News - Top stories - Tesla -
Tesla to ask shareholders to reinstate $55 billion pay package for Musk
Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to TexasABC News - Tech - Tesla -
EasyJet targets another bumper summer of record profits
Low-cost airline confident about delivering strong performance as Middle East conflict fails to dent demandFinancial Times - Business -
Nasdaq, S&P 500 Climb After PPI Data Lands
U.S. stocks climbed after wholesale price data came in slightly lower than expected.The Wall Street Journal - World -
Oil prices fall more than 3% as traders discount Iran-Israel war risk
U.K. Foreign Secretary David Cameron said Wednesday that "it's clear the Israelis are making a decision to act" against Iran.CNBC - Business - Israel -
Tesla Seeks to Revive Musk’s $47 Billion Pay Deal With New Shareholder Vote
The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware.The New York Times - Business - Tesla -
Tech stocks rallied, helping to boost the S&P 500 by 0.7%, while the Nasdaq gained 1.7% to close at a record. The Dow was little changed.
Tech stocks rallied, helping to boost the S&P 500 by 0.7%, while the Nasdaq gained 1.7% to close at a record. The Dow was little changed.The Wall Street Journal - World -
Netflix profits surge after password-sharing crackdown
Streaming pioneer says it will stop disclosing subscriber numbers and shift focus to engagementFinancial Times - Business - Netflix -
Shares of U.K.’s biggest grocer jump 6% on profit boost and £1 billion buyback
The FTSE 100 company, which has a 27.3% share of the U.K. grocery market, recorded a 7.2% increase in sales to $61.5 billion for the year to February.MarketWatch - Business -
World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway's giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($110 billion).CNBC - Business -
Aruba Aloe hand sanitizer and gel recalled after methanol found
Exposure to methanol — a toxic alcohol typically found in antifreeze and windshield washer fluid —can be extremely dangerous.CBS News - Top stories -
Singapore PM Lee to Hand Reins to Wong After Two Decades
Yahoo News - World -
U.S. Steel shareholders approved the sale of the storied company to Japan's Nippon Steel, amid union opposition and regulatory reviews that are raising doubt about the $14.1 billion deal.
U.S. Steel shareholders approved the sale of the storied company to Japan’s Nippon Steel, amid union opposition and regulatory reviews that are raising doubt about the $14.1 billion deal.The Wall Street Journal - World -
Top commodities traders dismiss IPO route after bumper profits
Executives at Vitol, Trafigura and Mercuria say banks and export credit agencies have never been so keen to lend to themFinancial Times - Business -
UnitedHealth swings to a loss but stock surges after adjusted profit beats views
Shares of UnitedHealth surged Tuesday after the health insurer swung to a large first-quarter loss but reported adjusted profit that beat expectations.MarketWatch - Business -
Travelers’ stock suffers biggest selloff in 4 years after profit miss
Travelers’ stock was hit hard Wednesday, after the property casualty insurer missed expectations for first-quarter profit, combined ratio, and net premiums written, while total revenue beat views.MarketWatch - Business -
Dow Advances as Markets Stabilize
U.S. stocks edged higher, with the Dow industrials leading gains, as investors cheered earnings from Morgan Stanley and UnitedHealth and digested comments from Fed Chair Jerome Powell.The Wall Street Journal - World -
FTSE 100 Live 10 April: Shares near record high ahead of US inflation, Tesco profits up, THG sales dip
Tesco boss Ken Murphy today hailed the supermarket’s strong performance after reporting a 12.8% rise in annual operating profits to £2.8 billion. Other companies in the results spotlight today include the beauty and nutrition business THG and the ...Yahoo Sports - Sports -
Trump's Truth Social Stake Shrinks by $3.4 Billion After Stock Tanks
Shares are down more than 65% from a recent peak after the first three weeks of trading.The Wall Street Journal - World - Donald Trump -
9 Google Employees Arrested After Protesting $1.2 Billion Contract With Israel
These employees' arrests, and demonstrations outside Google offices in New York, California, and Washington, come as the Israel-Hamas war stretches into its sixth month.Inc. - Business - Google -
German arms exports continue to rise after record year
Yahoo News - World - Germany -
French athlete attempts record after climbing Eiffel Tower
Anouk Garnier scaled a free-hanging rope nearly 361 feet in 18 minutes in an attempt to set a new climbing world record. It was two minutes faster than expected.CBS News - World - France -
Hospital halts organ transplants after records allegedly manipulated
Memorial Hermann-Texas Medical Center stopped the transplant program after learning of "irregularities" with donor acceptance criteria.CBS News - Top stories -
Iranian currency plunges to record low against dollar after strikes on Israel
The Iranian rial's drop came hours after Iran deployed a massive drone and missile offensive against Israel Saturday night.CNBC - Business - Iran -
United Arab Emirates struggles to recover after heaviest recorded rainfall ever
The United Arab Emirates is struggling to recover from the heaviest recorded rainfall ever to hit the desert nation, as its main airport worked to restore normal operations even as floodwater still covered portions of major highways and roadsABC News - Top stories -
U.S. stocks ended mixed after the Fed chairman's remarks, with the S&P 500 and Nasdaq slipping 0.2% and 0.1%, respectively, while the Dow rose 0.2%. Treasury yields hit five-month highs.
U.S. stocks ended mixed after the Fed chairman’s remarks, with the S&P 500 and Nasdaq slipping 0.2% and 0.1%, respectively, while the Dow rose 0.2%. Treasury yields hit five-month highs.The Wall Street Journal - World -
Rangers reliever Brock Burke broke his non-throwing hand by punching a wall after a poor outing
Texas Rangers reliever Brock Burke broke his non-throwing hand while punching a wall following a poor outing Friday night against the Houston AstrosABC News - Sports -
Rangers reliever Brock Burke breaks hand punching wall in frustration after rough outing
Burke was placed on the 15-day IL Saturday with a fractured hand.Yahoo Sports - Sports -
Jontay Porter gambling investigation explained: NBA hands down lifetime ban after prop bet irregularities
According to the league's investigation, Porter bet on the Raptors to loseCBS Sports - Sports - NBA -
Agent's Take: Why CeeDee Lamb negotiations could haunt Jerry Jones after Cowboys owner gave in to Zack Martin
Jones awarded Martin with a new deal after the All-Pro guard held out last preseasonCBS Sports - Sports -
S&P and Nasdaq Extend Losing Streaks
U.S. stocks ended mixed as the Dow Industrials posted small gains, while the S&P 500 and Nasdaq declined for a fifth straight session.The Wall Street Journal - World -
Adidas shares rise 8% after first-quarter profit hike, improved outlook
Shares of Adidas jumped on Wednesday after the company raised its full-year guidance and reported a first-quarter profit hike, according to preliminary figures.CNBC - Business -
French president says world donors are pledging 2 billion euros in aid for Sudan after a year of devastating war
French president says world donors are pledging 2 billion euros in aid for Sudan after a year of devastating warABC News - World -
Microsoft-allied Rubrik could be valued at more than $5 billion after IPO
Data security company Rubrik has set terms for its initial public offering, which puts it on course to be valued are more than $5 billionMarketWatch - Business -
Tesla again seeks support for Musk’s $56 billion pay deal after he got $0 last year
Tesla’s proxy showed that Elon Musk continued to receive no compensation for his role — but it also formalized the company’s latest attempt to change that.MarketWatch - Business -
Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
Enterprise tech giant Cisco unveiled a new security product, called HyperShield, which it says aims to secure clients' data and devices with the help of AI.CNBC - Business