JPMorgan shareholders reject special payout to Jamie Dimon
Only 31% of votes cast in a shareholder advisory referendum on Tuesday supported JPMorgan Chase in its special $52.6-million award last year to CEO ...
Tag: Business
Home Depot raises forecast despite slow spring, inflation
Home Depot’s first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance. Revenue ...
Eric Adams urges Jamie Dimon to ride subway to work
Mayor Eric Adams is urging CEOs like JPMorgan’s Jamie Dimon to ride the subway to work as he pushes to ...
Walmart shares tank 9% as inflation slams profit margins
Walmart’s quarterly profits sorely missed Wall Street’s forecasts despite higher sales, as higher costs from inflation, supply-chain snags and workers’ ...
Nonprofits want checks placed on ‘toxic’ Mark Zuckerberg
Nonprofits including the American Federation of Teachers, the Anti-Defamation League and the LGBTQ advocacy group GLAAD are throwing their weight ...
Elon Musk’s SpaceX selling shares possibly to finance Twitter bid
SpaceX is planning to sell existing shares starting Tuesday to a select group of buyers and there is speculation Elon ...
People’s print magazine faces closure: sources
People may scrap its weekly print edition as its new owner looks to slash costs — even as writers privately ...
Microsoft doubles budget for employee salaries to address inflation, retain talent
Microsoft plans to boost salaries and benefits to retain its talent in the competitive labor market as decades-high inflation has ...
Longtime Elon Musk backer says Twitter deal will close at lower price
A longtime investor in Elon Musk’s companies predicts the mogul’s Twitter takeover bid will close — but not until the ...
Peloton, NordicTrack maker iFit settle all patent lawsuits
Peloton Interactive and NordicTrack maker iFit said they have settled all pending litigation between them, where the fitness equipment makers accused each other of infringing their ...
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