The board of directors has to walk a fine line, looking out for investors without running afoul of Ms. Redstone, the company’s most influential shareholder.
Category: Corporations
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A.L.S. Drug Relyvrio Will Be Taken Off the Market, Its Maker Says
Results of a large clinical trial found the treatment did not work any better than a placebo.
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Walmart Wants to Teach Store Managers Compassion
The retailer brings about 2,000 managers a year to its headquarters to discuss how to relate to workers and customers, part of a U.S. corporate trend.
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Hottest Job in Corporate America? The Executive in Charge of A.I.
Many feared that artificial intelligence would kill jobs. But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology.
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Is Cryptocurrency Like Stocks and Bonds? Courts Move Closer to an Answer.
Federal judges are weighing whether digital currencies should be subject to the same rules as stocks and bonds. The outcome could shape crypto’s future in the U.S.
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Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.
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Seeking a Big Edge in A.I., South Korean Firms Think Smaller
While they lag behind their U.S. counterparts, their focus on non-English languages could help loosen the American grip on artificial intelligence.
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Chaebol Families Dominate South Korea’s Economy: What to Know
Conglomerates that sprawl across the society trace their roots to the nation’s rise into a world power and have been tightly controlled for generations.