(Bloomberg) – The rise in Tesla Inc.’s stock price has already allowed CEO Elon Musk to raise two tranches of his moon compensation award, valued at a collective of $ 3.94 billion. Now, at most, he’s a couple of months away from getting the third, according to the company’s own …
Read More »Stock futures trading carefully before tech hearing, Fed decision
President Trump says the next round of stimulus is still being negotiated and says he wants to do what is best for the American people and for the economy. US equity futures range from profit to loss before Wednesday’s trading session. Futures indices suggest a small gain at the open. …
Read More »Antitrust Technology Hearing: CEOs of Amazon, Facebook, Google and Apple to answer questions from lawmakers
Now, the CEOs of those companies will testify before lawmakers on Wednesday at the largest hearing of their kind since Microsoft’s Bill Gates went to Washington in 1998. While most executives have appeared before Congress previously, they have never been Faced with a situation quite like this, the four will …
Read More »Kamala Harris on Joe Biden’s handwritten notes amid vice president rumors
Senator Kamala Harris appeared at the top of ex-Vice President Joe Biden’s handwritten notes with cryptic talking points that included “holding no grudge,” “great support for the campaign,” and “great respect for her.” An Associated Press photographer captured Biden’s notes at a campaign event in Wilmington, Delaware, on Tuesday. Biden …
Read More »Starbucks extends profit after reporting positive sales in July
(Bloomberg) – Starbucks Corp. CEO Kevin Johnson said a key sales measure turned positive in July, a sign that the coffee giant’s recovery from Covid-19 locks is gaining strength. The shares expanded the gains in late trading. “Our recovery strategy is working,” Johnson said during a call with analysts after …
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