Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.
GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024...
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.
Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it...
Trump Media CEO renews assault on ‘DJT’ short sellers — but the math doesn’t add up
Former President Donald Trump’s media company is waging war on short sellers, but data show they cannot be blamed for the stock’s volatility.
The FTC is banning noncompete agreements. Did your job search just get easier?
The regulator voted to ban the controversial agreements that block millions of workers from going to a rival employer. Here’s what it all means for...
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to...
Tesla shows Wall Street a path to ‘positive catalysts,’ BofA says
Tesla Inc.’s better-than-expected quarterly earnings and reassurances from the EV maker that it is on a path of “positive catalysts” led to a stock upgrade...
Bitcoin payments app Strike is now available in Europe
Strike, a payments app focused on the Bitcoin blockchain, is now available in Europe. The platform recently expanded to Africa and its app is also...