political

Tesla investors urged to vote against board members, for shareholder proposals by influential advisory services

Tesla investors urged to vote against board members, for shareholder proposals by influential advisory services

Two prominent and influential proxy advisory firms are urging Tesla Inc. investors to vote against the re-election of two board members, recommending that they defy the company’s wishes and vote for six of the eight proposals. of the shareholders. tesla Tesla, +0.04% is facing several employee-related controversies and is caught in the spotlight of CEO …

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‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

The Federal Reserve raised its benchmark rate by 0.75 percentage point on Wednesday in an effort to moderate rising costs of consumer goods and services. While economists say raising the interest rate will help cool consumer demand and hopefully ease record inflation, it will also raise the cost of borrowing for everything from houses to …

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Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the one place that everyone on the Internet seemed to touch at least once in an online session. However, after an ignominious fall, Yahoo is just another site that has a few followers in certain parts of Asia and offers some niche products. Did Mark …

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What possible credit legislation could mean for Visa, Mastercard — and you

What possible credit legislation could mean for Visa, Mastercard — and you

Credit card companies appear to be under the political microscope once again, as the Wall Street Journal reported Wednesday that senators are working on a new bill that would target Visa Inc. and Mastercard Inc. The story noted that Sen. Dick Durbin, a Democrat from Illinois, and Sen. Roger Marshall, a Republican from Kansas, are …

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