Tesla shareholders have voted to both re-approve a pay package for Chief Executive Elon Musk that was once valued at $56 billion and to reincorporate the Texas-based electric vehicle maker, giving him important victories as he seeks to regain control. on the company. The preliminary results, announced at Tesla’s annual meeting in Austin on Thursday, … Read more
Stock splits are back in the spotlight after Nvidia took this step recently. Investors should remember that this is merely a cosmetic move that does not change the value and fundamentals of a company. What a stock split does is increase the number of shares outstanding while lowering the price of each share. So the … Read more
Nasdaq 100, S&P 500 close at record highs as tech stocks regain dominance: Thursday’s winners and losers The Nasdaq 100 posted its fourth straight session high on Thursday, closing up 0.6% at 19,576 and hitting new all-time highs as technology stocks led broader market gains. The S&P 500 also posted a fourth consecutive positive day, … Read more
HOUSTON, TEXAS – DECEMBER 14: Pablo Vegas, president and CEO of ERCOT, left, and Texas Governor Greg … [+] Abbott, right, is shown during a news conference at Calpine, 717 Texas Ave., Thursday, Dec. 14, 2023, in Houston. (Melissa Phillip/Houston Chronicle via Getty Images) Houston Chronicle via Getty Images The Texas power grid managed by … Read more
Renewing US passports, one of the most annoying red tape involved in visiting other countries, is about to get a lot easier this year. On Wednesday, June 12, MyTravelGov — the website for the US State Department’s Bureau of Consular Affairs — relaunched its online passport renewal system. MyTravelGov first introduced online passport renewals in … Read more
US President Joe Biden speaks at the Washington Hilton in Washington, DC on June 11, 2024. … [+] The Biden administration has directed student loan servicers to place millions of borrowers in a temporary forbearance while payments are recalculated. (Photo by SAUL LOEB/AFP) (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images Millions … Read more
An aerial view of banana plantations in Apartado, Colombia, taken on June 11. Banana giant Chiquita Brands International says it will appeal a federal jury’s decision finding it responsible for financing a Colombian paramilitary group known for rampant killings. Danilo Gomez/AFP via Getty Images hide title change the subtitles Danilo Gomez/AFP via Getty Images A … Read more
WASHINGTON – The US Space Force has selected Blue Origin, SpaceX and United Launch Alliance for the National Security Space Launch Services Phase 3 program. The three companies won contracts worth $5.6 billion over five years, the Pentagon announced June 13. The three companies will compete for orders during the contract period running from fiscal … Read more
Your old man deserves to be spoiled with brand new technology this Father’s Day. Your dad doesn’t need a mug or tie this year. You don’t have to go all out trying to impress him, but if you want to indulge, we’ve got you covered, too. Apple introduces iPhone 15 and Apple Watch Series 9 … Read more
A 3-year CD may be a wise place to deposit $5,000 in today’s unusual economic environment. Getty Images If you have $5,000 in savings outside of what you need for your emergency fund, you may be wondering where you can save that money and earn a meaningful return. In this case, a 3-year-old certificate of … Read more