Stock market plunge is the time to ditch long-term rewards for CEOs

Three points about executive pay in the current climate should be obvious. First, bonuses should be a non-starter if a company has taken support from the government, for example, by getting the state to pick up a chunk of the wage bill. Second, bonuses for 2019 should be returned if a company has subsequently cancelled its dividend. Third, it would […]

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Tesla says update lets cars automatically stop for traffic lights

Tesla stock will hit $70 a share: Analyst Gordon Johnson of GLJ Research LLC argues competition, low gas prices, and slow growth will drive Tesla stock down. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below After testing on public roads, Tesla is rolling out a new feature of its […]

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Small business rescue program resumes: What you need to know

Secretary Mnuchin on expectations for restarting US economy, new relief for small businesses Treasury Secretary Steven Mnuchin, member of the president’s coronavirus task force, joins Chris Wallace on ‘Fox News Sunday.’ Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The race is on once again for small business owners […]

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Heartburn meds tapped in coronavirus treatment

New York hospitals testing heartburn drug Pepcid as potential coronavirus treatment Johns Hopkins School of Public Health Professor Dr. Marty Makary provides insight into Pepcid as a possible coronavirus treatment, antibody testing and which businesses can best function safely during a pandemic. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading […]

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Hasan Minhaj, Sen. Kamala Harris, Dave Chapelle And More Board All Americans Movement To Support Marginalized Communities Impacted By COVID-19

Asian cultural collective Gold House has teamed with Andrew Yang’s Humanity Forward to launch The All Americans Movement, an initiative that helps unify support cross-cultural support for marginalized communities affected by COVID-19. The campaign has garnered support from numerous multicultural leaders and celebrities like Hasan Minhaj, Sen. Kamala Harris, Dave Chapelle, Olivia Munn, John Leguizamo, Joseph Gordon Levitt, George Takei, […]

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Coronavirus forces Adidas to miss forecasts with 93% profit plunge, warn on sales

Get used to PPE once retail stores reopen: Analyst Retail and sales analyst Erin Sykes discusses her outlook for retail amid the coronavirus pandemic. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below BERLIN (Reuters) – Adidas reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of […]

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Vossloh Q1 Preliminary EBIT Surges; Affirms FY20 Outlook – Quick Facts

German rail technology company Vossloh Group (VOSSF.PK) on Monday announced preliminary results for the first quarter of 2020. The company’s earnings before interest and taxes or EBIT improved significantly to 16.5 million euros, from negative EBIT of 0.6 million euros in the same period last year. Vossloh noted that the unusually high EBIT reflects not only operating improvements, but also […]

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