A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
Category: Stocks and Bonds
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Stocks Jump on Hopes of Lower Inflation
Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
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The Week in Business: Mass Layoffs at Meta
Inflation showed signs of easing, cheering investors who hope the Fed will slow its aggressive rate increases. And one of the biggest crypto exchanges collapsed.
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Markets Edge Higher at End of a Strong Week
Signs of China easing its pandemic restrictions appeared to bolster stocks, adding to investors’ bullishness about cooling inflation in the United States.
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Forbes Nears Deal With Investor Group for Under $800 Million
The group of bidders includes investors from the United States and overseas, a company spokesman said.
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China’s Great ‘Zero-Covid’ Guessing Game
Companies, investors and global policymakers are trying to divine when the Chinese government will drop its strict restrictions. It comes down to one man: the country’s top leader, Xi Jinping.
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Investors Bet on Midterm Bounce for Stock Market
Stocks usually rise after midterm elections, but the data is mixed on which results produce the best performance.
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The Week in Business: The Fed Stays Its Course
Job growth slowed last month, but remained strong. Elon Musk cleaned house. And the economy will be a big issue in the midterms.
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Stocks Drop As Fed Leaves Investors Uncertain About Rates
The Fed chair said the central bank “still has a ways to go” before it will be finished raising interest rates, and that they may go higher than previously anticipated.
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Investors Await the Fed’s Next Move
Markets expect another big interest rate increase on Wednesday. But investors are also anxious about the central bank’s coming moves.
