Nov 10 (Reuters) – Tesla (TSLA.O), opens new tab board chair Robyn Denholm thanked the electric-vehicle maker’s shareholders on Monday for approving CEO Elon Musk’s $878 billion pay package. The approval marks one of the largest compensation votes in corporate history and underscores investor willingness to bet on Musk’s leadership as Tesla pursues its next…
Tech sector amounts to 36% weight in S&P 500, more than in dot-com era Tech remains best performing sector YTD AI-related declines could prompt broader weakness NEW YORK, Nov 6 (Reuters) – This week’s wobble in shares connected to artificial intelligence is a stark reminder that the U.S. stock market is ever more reliant on…
ORLANDO, Florida, Nov 5 (Reuters) – U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how much lower the Federal Reserve needs to cut interest rates. I didn’t write a column today, but don’t worry…
Trump tariffs met tough scrutiny in US Supreme Court oral arguments Analysts say chances rising of IEEPA tariffs being struck down Trump officials to tap other trade laws to keep tariffs if court voids them Any potential US tariff refund process seen lengthy and “a mess” WASHINGTON, Nov 6 (Reuters) – The U.S. Supreme Court’s…
Nov 5 (Reuters) – U.S. President Donald Trump said on Wednesday that he may be working on a plan to denuclearize with China and Russia, without providing details. “We redid our nuclear – we’re the number one nuclear power, which I hate to admit, because it’s so horrible,” Trump said during a speech at the…
WASHINGTON, (Reuters) Nov 4 – Alphabet’s (GOOGL.O), opens new tab Google said on Tuesday it has reached a comprehensive U.S. court settlement with “Fortnite” video game maker Epic Games, agreeing to Android and app store reforms aimed at lowering fees, boosting competition and expanding choices for developers and consumers. In a joint filing, opens new…
Mamdani vows to dismantle conditions enabling Trump’s rise Trump threatens federal funding cuts over Mamdani’s socialist agenda Democrats gain momentum with election victories Nov 5 (Reuters) – New York City Mayor-elect Zohran Mamdani wasted no time calling out President Donald Trump, formally kicking off the battle that will likely define relations between the 34-year-old mayor…
BEIJING, Nov 5 (Reuters) – China will suspend its 24% additional tariff on U.S. goods for one year but retain a 10% levy, the State Council’s tariff commission said on Wednesday, following last week’s meeting between President Xi Jinping and U.S. President Donald Trump. The commission also announced China, the world’s top agricultural buyer, will…
BEIJING, Nov 5 (Reuters) – China’s Shenzhou-20 crewed spacecraft’s return mission has been delayed after the spacecraft was suspected to have been hit by small space debris, the official Xinhua reported on Wednesday. An impact analysis and risk assessment are underway, the state news agency said without providing any new schedule for the return mission….
BELEM, Brazil, Nov 4 (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Tuesday he will call his U.S. counterpart Donald Trump again if talks between their countries do not progress by the end of COP30, the United Nations climate conference Brazil is hosting this month. Lula and Trump met in Malaysia in…