Microsoft CEO Satya Nadella speaks at an event on the company’s Redmond, Washington, campus on May 20, 2024. Chona Kasinger | Bloomberg | Getty Images Microsoft gave CEO Satya Nadella a pay raise for the 2024 fiscal year of more than $30 million. But his total package would have been $5.5 million higher if not
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Scout Terra pickup truck and Scout Traveler SUV concepts Scout NASHVILLE, Tenn. — Volkswagen-backed Scout Motors revealed its first electric vehicles Thursday and announced plans for the brand to expand its lineup to include an emerging type of plug-in hybrid electric vehicle in addition to EV models. Scout, a former American vehicle brand from 1961
Bob Jordan, CEO of Southwest Airlines, listens to questions from media during Southwest Airlines Investor day at Southwest Airlines Headquarters on September 26, 2024 in Dallas, Texas. Sam Hodde | The Washington Post | Getty Images Southwest Airlines and activist hedge fund Elliott Investment Management struck a deal to avert a proxy fight in exchange
People hold signs during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024. Jason Redmond | AFP | Getty Images Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter. Here’s how the
Rena Hairston’s extraordinary journey to becoming Floyd Mayweather’s personal chef is a testament to the strength of positive intention, determination, and faith. Her path to success, marked by setbacks and challenges, shows how perseverance and belief in a higher purpose can open doors, even in the darkest moments. Rena’s love for cooking wasn’t always her
Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David Ryder | Bloomberg | Getty Images Boeing‘s new CEO, Kelly Ortberg, said the company is reviewing its various businesses, laying out a vision for a leaner future at the troubled airplane manufacturer ahead of
Amazon Flex driver Ricardo Escalona works to deliver his same-day orders during Cyber Monday from an Amazon fulfillment center in Tampa, Florida, on Nov. 27, 2023. Octavio Jones | Getty Images News | Getty Images Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers, CNBC has learned. The company
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks on Tuesday posted preliminary quarterly results that showed its sales fell again as the coffee chain tries to execute a turnaround. “Our fourth quarter performance makes it clear that we need to fundamentally change our
Rockaa | E+ | Getty Images Federal tax brackets for 2025 Federal income tax brackets show how much you owe on each part of your “taxable income,” which you calculate by subtracting the greater of the standard or itemized deductions from your adjusted gross income. 37% for individual single taxpayers with incomes greater than $626,350
The General Motors headquarters inside the Renaissance Center in Detroit on April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday. Here is what Wall Street is expecting, according to average estimates compiled by LSEG: Earnings per share: $2.43 adjusted
A still from Warner Bros. Discovery Blade Runner 2049 trailer and from Tesla’s Live robotaxi event. Source: Warner Bros. Pictures | Tesla Elon Musk, his car company Tesla and Warner Brothers Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner 2049” to promote Tesla’s robotaxi concept.
The U.S. 10-year Treasury yield rose above 4.11% on Monday as investors awaited a flurry of speeches from Federal Reserve policymakers. The yield on the 10-year Treasury rose about 5 basis points to 4.128%. The yield on the 2-year Treasury was up about 3 basis points to 3.987%. Yields and prices move in opposite directions. One
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Anna Moneymaker | Getty Images Billionaire Elon Musk promised on Saturday to give away $1 million each day until November’s election to someone who signs his
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Within minutes of former President Donald Trump‘s brief appearance at a McDonald’s, where he served up French fries to drive-thru customers in Feasterville, Pennsylvania, the Republican nominee took to searing his election opponent, Vice
Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S. October 18, 2024. Brian Snyder | Reuters A majority of voters are less likely to support a candidate who promotes universal tariffs, according to NBC News polling released Sunday, marring a cornerstone economic proposal of
Donald Trump and Mark Cuban Lucas Jackson | Reuters; Getty Images Former President Donald Trump on Saturday railed against fellow billionaire Mark Cuban, who has been vigorously campaigning for his Democratic opponent, Vice President Kamala Harris. “Mark Cuban is a Loser,” Trump wrote in a Saturday Truth Social post. “Wouldn’t take his phone calls anymore
People hold sings during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024. Jason Redmond | AFP | Getty Images Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could
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