The Federal Reserve on Wednesday kept the key interest rate unchanged and signaled that only one cut is expected before the end of the year. With markets hoping for a more accommodative central bank, Federal Open Market Committee policymakers took two rate cuts off the table after their two-day meeting from three indicated in March. … Read more
Stellantis CEO Carlos Tavares holds a press conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – From the beginning of a union to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. This is starting to pay dividends for the company and investors. … Read more
Elon Musk had a sexual relationship with a SpaceX employee who started at the company as an intern and then was hired not long after she graduated from college before ending things, according to a report. Musk, who has a fortune estimated by the Bloomberg Billionaires Index at $198 billion as of Wednesday, also pursued … Read more
SAN FRANCISCO — For weeks, Tesla CEO Elon Musk has waged a campaign to convince Tesla shareholders to restore his nearly $50 billion pay package, the largest “ever seen in public markets,” according to the Delaware judge who struck it down. The company released a video that guides shareholders on how to cast votes with … Read more
SAN FRANCISCO — For weeks, Tesla CEO Elon Musk has waged a campaign to convince Tesla shareholders to restore his nearly $50 billion pay package, the largest “ever seen in public markets,” according to the Delaware judge who struck it down. The company released a video that guides shareholders on how to cast votes with … Read more