(L-R) Shou Zi Chew, CEO of TikTok, Linda Yaccarino, CEO of X, and Mark Zuckerberg, CEO of Meta testify before the Senate Judiciary Committee at the Dirksen Senate Office Building…
Category: Business News
Markets are starting to realize how aggressive the Fed is and dealing with higher interest rates for a longer period
The first Federal Open Market Committee (FOMC) meeting of 2024 is behind us and markets no longer appear convinced that we will see an interest rate cut the next time…
Winning lawyers in Elon Musk’s $55 billion litigation pay in line with compensation
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Lawyers who represented winning Tesla shareholders could be in line…
Wall Street closes lower after Fed keeps rates stable, rules out March rate cut From Reuters
©Reuters. Traders work at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024. REUTERS/Brendan McDermid By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed…
A legal fund not linked to Q spent $400,000 to defend Trump allies, filing documents
Former US President Donald Trump speaks to a crowd during a campaign rally on September 25, 2023 in Summerville, South Carolina. Sean Rayford | Getty Images A fund meant to…
Obituary: Pulitzer Prize-winning Native American folklorist and novelist N. Scott Momaday
N. Scott Momaday, the Pulitzer Prize-winning storyteller, poet, educator and folklorist whose debut novel “House Made of Dawn” is widely considered the starting point of contemporary Native American literature, has…
Boeing postpones annual guidance due to 737 Max crisis
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Boeing rejected its usual financial guidance for next year and…
Former Pakistani Prime Minister Imran Khan and wife jailed for 14 years on corruption charges From Reuters
©Reuters. FILE PHOTO: Former Pakistani Prime Minister Imran Khan, gestures as he speaks to members of the media at his residence in Lahore, Pakistan, May 18, 2023. REUTERS/Mohsin Raza/File Photo…
All the market-moving chatter from Wall Street on Wednesday morning
(This is CNBC Pro’s live coverage of Wednesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to see the latest posts.) Analysts on Wednesday focused on reports…
Elon Musk must give up $55 billion pay package to Tesla after judge sides with shareholder
A judge says Elon Musk must forfeit a compensation package awarded by Tesla’s board of directors potentially worth more than $55 billion. The ruling in a Delaware court comes five…