Median Pay Dips for the Few Women Ceos of S&p 500 Companies
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Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Big tech companies could drive the S&P 500 to 6,000 this year or crash it to 4,500, says Goldman Sachs
Goldman Sachs lays out a scenario for the S&P 500 to hit 6,000 by the end of the year thanks to Big Tech.MarketWatch - Business -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
Amazon writes its largest venture cheque yet for AI start-up Anthropic
$2.75bn deal is the latest sign of Big Tech’s race to capitalise on the booming sectorFinancial Times - Business - Amazon -
GE Vernova, Solventum to join S&P 500 index next week
Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.MarketWatch - Business -
The S&P 500 Clinches Best Start to Year Since 2019
Resilient corporate profits, enthusiasm around AI and hopes that the Fed will cut rates have given investors plenty of reasons to keep on buying.The Wall Street Journal - World -
Wall Street revamps 2024 S&P 500 targets after record-setting stock-market rally
Wall Street analysts are playing catchup with the 2024 stock-market rally.MarketWatch - Business -
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.The Wall Street Journal - World -
How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing’
Tech stocks have been on a wild ride over the past few years, but the Franklin DynaTech Fund has performed very well over long cycles. Here’s how it might get in early on another transformational business cycle.MarketWatch - Business -
Momentum stocks are outperforming S&P 500 by widest margin since 2008. Investors should be concerned.
Momentum stocks are coming off their best stretch of outperformance in years — since just before the financial crisis, in fact. That’s making some investors nervous.MarketWatch - Business -
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.The Wall Street Journal - World -
RBC bumps up its S&P 500 target again, but sees gains increasingly hard to come by
RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, has increased her year-end forecast from 5,150 to 5,300 for the index.MarketWatch - Business -
The S&P 500 and Wall Street’s ‘fear gauge’ are both up in 2024. Should investors be worried?
Something unusual happened in the stock market this quarter: Both the S&P 500 and Cboe Volatility Index, better known as the Vix, rose.MarketWatch - Business -
S&P 500 Rises to New Record to Close Out Monster First Quarter
Benchmark index notches best start to year since 2019.The Wall Street Journal - World -
WeWork co-founder and former CEO Adam Neumann recently offered to buy the bankrupt co-working company for more than $500 million, people with knowledge of the matter said.
WeWork co-founder and former CEO Adam Neumann recently offered to buy the bankrupt co-working company for more than $500 million, people with knowledge of the matter said.The Wall Street Journal - World -
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.The Wall Street Journal - World -
The S&P 500 gained 10% in the first quarter, its best start to a year since 2019, as the U.S. economy continues to defy expectations.
The S&P 500 gained 10% in the first quarter, its best start to a year since 2019, as the U.S. economy continues to defy expectations.The Wall Street Journal - World -
UBS Pays CEO Sergio Ermotti $15.6 Million
The bank hailed his “excellent performance in a defining year” for Switzerland’s largest bank by assets. Ermotti was recruited last April to serve as CEO for a second time.The Wall Street Journal - World -
Boeing CEO Dave Calhoun leaving the company seen as good news for the stock
Steve Mollenkopf elected to become board chair, and will lead efforts to select next CEO.MarketWatch - Business -
Boeing’s CEO is departing, but the company’s problems run far deeper
Troubled aviation giant needs to restore its engineering and safety reputation.MarketWatch - Business -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - World -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - Business -
Does Boeing Need an Outsider as New CEO to Halt the Company’s Nosedive?
The search for a new CEO capable of reversing years of business and safety decline may extend beyond the industry. Or not.Inc. - Business -
In a Bumper Year for CEO Pay, a $161 Million Award Swells to $1.3 Billion
Broadcom boss’s compensation leads the pack in 2023 as big stock gains drive up the value of awards.The Wall Street Journal - World -
In a Bumper Year for CEO Pay, a $161 Million Award Swells to $1.3 Billion
Broadcom boss’s compensation leads the pack in 2023 as big stock gains drive up the value of awards.The Wall Street Journal - Business -
UBS Pays CEO Sergio Ermotti $15.6 Million for Answering 'Call of Duty'
UBS gave Chief Executive Sergio Ermotti a $13.6 million bonus, hailing his “excellent performance in a defining year” for Switzerland’s largest bank by assets.The Wall Street Journal - World -
In 1 Sentence, Chipotle CEO Brian Niccol Just Taught a Master Class in Leadership. Every CEO Should Pay Attention
Chipotle is planning a 50-to-1 stock split because its share price is up more than 550 percent.Inc. - Business -
The first shot in the legal fight over who will pay for the damage and loss from the collapse of the Francis Scott Key Bridge will likely occur in the next few days in a Baltimore courtroom, insurance academics said.
The first shot in the legal fight over who will pay for the damage and loss from the collapse of the Francis Scott Key Bridge will likely occur in the next few days in a Baltimore courtroom, insurance academics said.The Wall Street Journal - World -
Another CEO is leaving Discover. The company says he wasn’t expected to be there very long anyway.
Michael Rhodes, who is taking the CEO job at Ally Financial, was “not expected to have a long-term role” as Discover’s tie-up with Capital One looms.MarketWatch - Business -
Disgraced crypto CEO Sam Bankman-Fried sentenced to 25 years, must pay $11 billion
Sam Bankman-Fried was sentenced to 25 years in prison Thursday for orchestrating what prosecutors have called one of the biggest financial frauds in American history.ABC News - Top stories - Crypto -
Tesla, Netflix and many other big companies pay more to executives than they do in taxes. It’s time to rein them in.
35 major U.S. corporations have paid less than nothing in federal income taxes. Instead, they collectively netted almost $2 billion in refunds.MarketWatch - Business -
U.S. Consumer Watchdog Turns Focus to Credit Card Rewards, Buy-Now-Pay-Later Companies
The Consumer Financial Protection Bureau, acting on increased complaints, will examine rewards market and deferred payment programs.Inc. - Business -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World -
The AI boom is prompting tech companies to offer extraordinary incentives to attract talent even by the relatively lavish past standards of outsize pay and perks.
The AI boom is prompting tech companies to offer extraordinary incentives to attract talent even by the relatively lavish past standards of outsize pay and perks.The Wall Street Journal - World -
These are the 10 top-paying U.S. cities where women outearn men
GoBankingRates analyzed U.S. Census Bureau data to find out where median female earnings outpaced men's.CNBC - Business -
Burden falls on Prince William to steer monarchy through next few months
With his father and wife diagnosed with cancer, and himself estranged from his once beloved brother, the blows have come thick and fast. For the Prince of Wales, the blows have come swiftly one after the other. First his father, King Charles, ...The Guardian - World -
Australia races to save last few earless dragons in the wild
The critically endangered dragons will likely be extinct in the next 20 years without conservation efforts, experts say.CBS News - World - Australia -
S.Korea consumer sentiment dips as food inflation emerges as top election issue
Yahoo News - World -
Consumer confidence dips in March on more pessimism about the future of the economy
Consumer confidence fell in March to a four-month low as persistent inflation and the 2024 presidential election made Americans more anxious, a new survey showed.MarketWatch - Business