Musk says Tesla shareholders voting in favor of his $56 billion pay package
By Hyunjoo Jin, Abinaya V and Greg Roumeliotis (Reuters) -Tesla shareholders were set to approve Elon Musk’s $56 billion pay…
June 2024
Employer coverage for weight-loss drugs rises sharply, survey finds
By Amina Niasse NEW YORK (Reuters) – About one-third of U.S. employer health plans are offering coverage of GLP-1 drugs…
Virgin Galactic announces reverse stock split
(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in…
Tesla reported to police in Sweden over alleged illegal electrical work
COPENHAGEN (Reuters) – U.S. electric vehicle manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation…
Apple overtakes Microsoft to return as world’s most valuable company
(Reuters) -Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the…
Chipmaker Broadcom raises annual revenue forecast, unveils stock split
(Reuters) – Tech conglomerate Broadcom raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment…
General Motors approves new $6 billion share buyback plan
(Reuters) -General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker…
Paramount special committee meets to vote on Skydance deal, Bloomberg News reports
(Reuters) -A special committee of the board of Paramount Global is meeting on Tuesday to vote on whether to accept…
Explainer-What will happen to Tesla CEO Elon Musk’s $56 billion pay package?
By Rachael Levy and Hyunjoo Jin (Reuters) – A Tesla shareholder vote on Thursday on whether to reinstate CEO Elon…
President’s son Hunter Biden lied about drug use to buy gun, jury finds
By Tom Hals and Jack Queen WILMINGTON, Delaware (Reuters) -President Joe Biden’s son Hunter Biden was convicted by a jury…