Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted. The…
Business
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Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died. He was…
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Intel’s CEO is stepping down as the stalwart American chipmaker has struggled to keep pace with the artificial intelligence revolution. The company announced that Pat Gelsinger, who’d led Intel since…
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Business
Why Amazon sellers and retailers are flocking to TikTok Shop despite looming U.S. ban
by adminSporting a sparkly dress and a Santa hat atop her distinctly pink hair, Sarah Potempa stood in front of her smartphone at her hair-care company’s warehouse in Waukegan, Illinois. It…
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Business
Rush orders, cut costs, crossed fingers: How small businesses are preparing for tariffs
by adminPresident-elect Donald Trump is wasting little time affirming that tariffs will be a Day One priority. With his inauguration less than two months away, small businesses are already making moves…
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The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter told Reuters…
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Shares in a little-known drone company soared Wednesday after it announced that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years…
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Business
Amazon workers worldwide set to protest on Black Friday weekend, union federation says
by adminAmazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on strike between Black Friday and Cyber Monday, two…
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Business
Retailers saw a dismal fall quarter. The election seems to be turning things around.
by adminMany U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed a GOP sweep, seems to be giving them…
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Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago…