Articles

Boeing CEO Dave Calhoun’s pay climbed 45% last year

Dave Calhoun, the outgoing chief executive of troubled aerospace giant Boeing Co., saw his total compensation climb last year by 45%, to $32.8 million, according to a filing Friday.

Elon Musk says Tesla will reveal a ‘robotaxi’ in August

Tesla Inc. shares regained some lost ground in the after-hours session Friday after Chief Executive Elon Musk said the EV maker would unveil its robotaxi on Aug. 8.

This intervention can help Tesla and other carmakers compete against China’s EV subsidies

Western governments should subsidize domestic manufacturing — not impose import tariffs.

United Airlines to postpone investor day: report

United Airlines Holdings Inc. is postponing its investor day amid increased scrutiny following a string of safety incidents, Bloomberg reported Friday.

Consumer credit continued to grow at solid rate in February

Total consumer credit rose $14.1 billion in February, down only slightly from a revised $17.7 billion increase in the prior month, the Federal Reserve said Friday.

JPMorgan names investment bankers in latest management refresh

Execs Filippo Gori and Doug Petno announce department heads in the bank’s global investment banking unit.

Why Snowflake’s stock could be due for a climb after a rough start to the year

Customer interest seems healthy and new products could soon start to contribute financially, according to a new bull.

Jury finds Do Kwon and Terraform Labs liable for crypto fraud, in win for SEC

The Securities and Exchange Commission notched a victory in its battle with noncompliant cryptocurrency companies after a jury in New York on Friday found crypto mogul Do Kwon and his company Terraform Labs liable for defrauding investors in crypto securities.

Gold hits another all-time high as investors take cues from near-record buying by central banks

With gold prices settling at a record high for a 13th time this year on Friday, the metal’s strength as a safe-haven investment isn’t just being fueled by expectations for Federal Reserve interest-rate cuts or geopolitical tensions — purchases by central banks have been a significant factor, too.

Solar Eclipse: Airbnb, United Airlines and other brands sharing $1.5 billion in ‘path of totality’ profits

An eclipse like the one on April 8 won’t happen again until 2044, so millions of Americans are paying to get a glimpse of Monday’s total solar eclipse.

These household-name companies have bonds yielding more than 5%

Bonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.

Beyoncé name-drops housing-finance giant Fannie Mae on ‘Cowboy Carter.’ Here’s what she meant.

She may be rich and famous now, but Beyoncé is keeping close tabs on the bills, bills, bills that millions of homeowners face today with their home insurance.
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