Boeing CEO Dave Calhoun’s pay climbed 45% last year
Dave Calhoun, the outgoing chief executive of troubled aerospace giant Boeing Co., saw his total compensation climb last year by 45%, to $32.8 million, according to a filing Friday.
Details of David Ellison bid
Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders might be: Is it better than no deal at all? Skydance has made a unique pitch to Paramount Global’s special committee, in charge of accepting or rejecting transactions, and its investors, […]
This mistake can cost home buyers up to $6,000 a year. Here’s how to avoid it.
Many prospective homeowners are leaving money on the table, a Swiss study found.
Spire Global, Nvidia see potential in using AI to help predict weather
Artificial intelligence has been instrumental to weather forecast modeling for years, and recent breakthroughs in generative AI dangle the possibility of it becoming more accurate. That’s what Spire Global is betting on in its recently announced partnership with AI darling Nvidia. “What deep learning and neural networks and generative AI have done is they have […]
Oil extends rise that sent Brent crude above $90 a barrel on Mideast tensions
Oil futures are trading at their highest since October, partly due to fears of a more direct confrontation between Israel and Iran.
Hyundai’s Genesis brand is a dark horse in U.S. luxury vehicle market
NEW YORK — When Hyundai Motor launched its Genesis luxury brand domestically in 2016, many were skeptical the South Korean automaker — recognized mainly for budget vehicles at the time — knew what it was doing. Among the skeptics were auto industry veterans Randy Parker and Claudia Marquez. Both were working for Nissan’s luxury Infiniti […]
Shares of Levi Strauss surge 18% on Q1 2024 earnings
The Levi Strauss & Co. label is seen on clothes in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Andrew Kelly | Reuters Shares of Levi Strauss surged 12% on Thursday after the retailer raised its full-year profit guidance and posted holiday earnings that beat expectations. […]
Apple to lay off more than 600, weeks after canceling electric-vehicle project
Those are the first significant job cuts for Apple since the pandemic.
Drug similar to Ozempic slowed Parkinson’s disease in small trial
The coronal view of a human brain of a patient suffering from Parkinson’s disease Sherbrooke Connectivity Imaging Lab | Getty Images A highly popular class of drugs for diabetes and obesity is showing early potential to help patients with Parkinson’s disease, too. An older diabetes treatment called lixisenatide helped slow the progression of motor disability […]
RBNZ likely to keep rates steady next week despite rising financial instability
The consensus heading into the meeting is that the official cash rate will be held at 5.5%, but there could be dovish tweaks to the outlook.
