BuzzFeed CEO moves to majority stock based compensation amid AI push
(Reuters) - A major part of BuzzFeed CEO Jonah Peretti's compensation will now be in stock options, the digital media firm sa...
May 17, 2024
Fed Chair Powell tests positive for COVID-19, working from home
(Reuters) - Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday, a Fed spokesperson said in an email...
May 17, 2024
Citgo share bidders can be asked how accommodate bondholder claims, judge rules
(Reuters) - Bidders in a U.S. court auction of shares that will decide the ownership of oil refiner Citgo Petroleum can be re...
May 17, 2024
Weaker loonie may not deter Bank of Canada diverging from the Fed
By Fergal Smith TORONTO (Reuters) - The Bank of Canada would be willing to cut interest rates three times ahead of the Federa...
May 17, 2024
Texas power demand to hit record high for month of May next week
By Scott DiSavino (Reuters) - Power use in Texas will likely break records for the month of May next week as homes and busine...
May 17, 2024
Boeing shareholders vote to re-elect CEO Calhoun to board
(Reuters) - Boeing Co shareholders voted to re-elect outgoing Chief Executive Dave Calhoun to the planemaker's board at the c...
May 17, 2024
Analysis-Endeavor's $13 billion deal highlights push to sidestep minority shareholders
By Anirban Sen and Tom Hals (Reuters) - Endeavor Group's decision to deny minority shareholders the ability to veto a $13 bil...
May 17, 2024
NY Fed announces launch of new supply chain pressure metrics
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve Bank of New York is bolstering its data offerings tracking the s...
May 17, 2024
Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion
(Reuters) - WaFd Inc, the parent of Washington Federal Bank, has agreed to sell a portfolio of commercial multi-family real e...
May 17, 2024
Tesla chair sees challenges in getting shareholder vote for Musk's pay package, FT reports
(Reuters) - Tesla's chair of the board said the company needs to climb "Mount Everest" as it faces shareholder vote...
May 17, 2024