Press "Enter" to skip to content

Posts published in “Uncategorized”

Mark Zuckerberg could pay millions to the IRS on Meta dividends. He still might be getting ‘a major break’.

Mark Zuckerberg delighted Meta shareholders and Wall Street with the social media giant’s first-ever dividend. The IRS may also be happy, now that it’s staring at millions in taxes on the Meta stock dividends bound for Zuckerberg’s portfolio...

Three cheers for the Delaware judge who stood up to Elon Musk

“Was the world’s richest man overpaid?” begins Kathaleen McCormick in her ruling from the Delaware court of chancery. You bet. An incentive package worth up to $55.8bn for Elon Musk at Tesla in 2018 was over the top, unnecessary to secure the great man’s services and thus “unfair” to other shareholders because of the dilutive

NY Community Bancorp Flashes a $560 Billion Real Estate Warning for Banks

(Bloomberg) -- The US commercial real estate market has been in turmoil since the onset of the Covid-19 pandemic. But New York Community Bancorp and Japan’s Aozora Bank Ltd. delivered a reminder that some lenders are only just beginning to feel the pain. Most Read from Bloomberg Donald Trump Loses London Case Against Ex-MI6 Spy

Paul ‘Triple H’ Levesque makes public comments after WWE employee’s sex trafficking accusations against Vince McMahon

Paul “Triple H” Levesque, the chief content officer at World Wrestling Entertainment, made his first public comments after Vince McMahon resigned Friday from the board of WWE’s parent company, TKO Group Holdings, in the wake of a former employee’s lawsuit accusing McMahon of sex trafficking, sexual assault and physical abuse. At a news conference after

Tesla stock plunges as EV maker warns production growth will be ‘notably lower’ than 2023

Tesla stock (TSLA) fell 12% on Thursday after the company reported fourth quarter earnings late Wednesday that missed estimates and issued a downbeat full-year production outlook. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion against $25.87 billion expected; revenue rose approximately 3% from a year ago. Tesla reported adjusted EPS of $0.71

Tesla stock drops on Q4 earnings miss, warns production growth rate will be ‘notably lower’ than 2023

Tesla stock (TSLA) fell 12% on Thursday after the company reported fourth quarter earnings late Wednesday that missed estimates and issued a downbeat full-year production outlook. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion against $25.87 billion expected; revenue rose approximately 3% from a year ago. Tesla reported adjusted EPS of $0.71