Jason Karaian
Posts
Elon Musk Got 72% in Tesla Shareholder Vote on Pay
About 72 percent of the shares in the balloting affirmed the lucrative stock award to the chief executive in a bid to get a court...
Elon Musk’s xAI Raises $6 Billion
Mr. Musk, who founded xAI last year, has said the business “still has a lot of catching up to do” as it looks to compete...
Unilever to Spin Off Ben & Jerry’s and Cut 7,500 Jobs
The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation.
British American Tobacco Writes Down Value of Brands by $31 Billion
British American Tobacco told investors that it had reassessed the “useful economic lives” of some of its brands amid waning sales and a shift toward...
Microsoft’s Stock Recovers After Hiring OpenAI Outcasts
The tech giant moved quickly to hire Sam Altman and others after their abrupt departures from OpenAI, a key Microsoft partner, which had rattled the...
Stock Markets Tumble as Bank Fears Go Global
Shares fell sharply, with banking stocks taking a beating, as Tuesday’s rally quickly faded.
Zelensky Meets With BlackRock Chief to Discuss Reconstruction Fund
The world’s largest asset manager advised Ukraine on how to revive the country’s shattered economy by attracting public and private investment.
Zelensky Meets With BlackRock Chief to Discuss Reconstruction Fund
The world’s largest asset manager advised Ukraine on how to revive the country’s shattered economy by attracting public and private investment.
Unilever, Walmart Results Show How Inflation Is Altering Shopping Habits
Unilever said shoppers are buying less as prices rise by double-digit percentages, after Walmart warned that big-ticket items were languishing unsold.