After shareholder backlash, Apple CEO Tim Cook accepts a 40% pay cut.
Apple Inc. is reducing Chief Executive Officer Tim Cook’s pay by more than 40% to $49 million in 2023, mentioning investor guidance and Cook’s request. […]
Blogs
Merck and Pfizer rebuff China’s push for deeper price cuts on Covid drugs
Top US makers of Covid drugs seem to be resisting China’s efforts to get them to reduce their prices, highlighting the challenges it faces in […]
The downturn of inflation in the US could not stop the ongoing Fed
Consumer inflation has reduced in December as gasoline and oil prices have reduced, but not enough to counter the Fed rate hike. Economists expect the […]
Jackpot at Mega Million surged to approximately $1 billion this week
Inasmuch as Friday night draw went without a winner, Mega Million jackpot has soared to approximately $1 billion this week, marking the second largest jackpot […]
Tesla’s Texas factory expansion costs $770 million
According to the department of licensing and registration of Texas state, Tesla has registered its factory in Austin. Tesla plans to invest $770 million in […]
Unpopular steps are needed to stabilize prices, Powell
On Tuesday, Federal Reserve Chairman Jerome Powell emphasized the central bank requires it to be free from political interference while tackling persistent high inflation. While […]
Elon Musk encountered the biggest personal fortune loss of $182 billion, making a world record
Elon Musk made a world record since his net worth dropped to $182 billion. Founder of SpaceX and the owner of Twitter has surpassed the […]
Canada will see the weakest level of home sales since 2001 this year: TD report.
According to a recent report from TD Economics, Sondhi predicts this year will witness the lowest amount of home sales in Canada since 2001. According […]
The stock price plunged inasmuch as Virgin Orbit failed to officiate the launch on Monday
Virgin Orbit, a company that renders small satellite launch services, failed to officiate its launch from the United Kingdom on Monday. The company facilitates air […]
Jim Cramer warns investors not to ‘gamble’ on tech stocks
Even after their gains on Monday, CNBC’s Jim Cramer told investors to stay away from tech stocks. He said, “Just remember, if you were buying […]