Kimbal Musk, Elon’s younger brother, made more than $ 7 million trading shares of Tesla Inc., as he acquired shares through options and sold them on the same day at an average …
Read More »Carl Icahn appoints former GE executive to be CEO of his company
After forcing companies to make countless CEO changes in his career, Carl Icahn is about to make one of his own. The activist investor said he is hiring a former General Electric …
Read More »Tesla must rehire fired worker and Elon Musk must remove anti-union tweet, NLRB rules
On Thursday, the National Labor Relations Board ordered Tesla Inc. to reinstate an employee it fired in 2017 and said Chief Executive Elon Musk must delete a three-year-old tweet urging not to …
Read More »GM turns to NBA executive Meg Whitman for board
General Motors Co. has appointed two new directors, including tech industry veteran Meg Whitman, its first high-profile move since the collapse last year of its media startup Quibi Holdings LLC. GM said …
Read More »Adobe revenue, maximum sales estimates
Shares of Adobe Inc. were flat in extended trading Tuesday after the software company announced higher-than-expected first-quarter fiscal results and strong financial guidance for the year. Adobe ADBE, + 1.72% reported net …
Read More »Tesla Boss Elon Musk’s China Charm Offensive Continues With Praise For Climate Plans
SINGAPORE – Elon Musk, whose Tesla Inc. is on the defensive in China, praised the country’s plans to tackle carbon emissions and grow its economy, saying it will become the automaker’s biggest …
Read More »Pfizer does it just to expand the vaccine business beyond the Covid-19 pandemic
Pfizer Inc. aims to expand its vaccine business by becoming a leader in the new gene-based technology behind its successful Covid-19 injections. Pfizer will develop new vaccines using the technology, called mRNA, …
Read More »Leon Black resigns as Apollo chairman in unexpected move
Leon Black, Billionaire Co-Founder of Apollo Global Management Inc., APO 2.16% He resigns as chairman of the investment giant in an unexpected move that is the latest in a governance review sparked …
Read More »Executive Director Hangs $ 500 Bonus for Workers to Receive Covid-19 Vaccines
California-based Bolthouse Farms has two goals these days: growing carrots and achieving herd immunity to Covid-19 within its workforce. The juice and seasoning maker is paying $ 500 to full-time hourly workers …
Read More »Insurance giant Chubb offers to buy rival Hartford
Chubb Limited. CB -2.63% , one of the nation’s largest, oldest and best-known property casualty insurers, has made a preliminary proposal to acquire Hartford Financial Services Group Inc., HIG 18.71% another historical …
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