Tag: businessNews

Delaware judge says Tesla board must face trial over Musk’s mega-pay package

WILMINGTON, Del. (Reuters) – A Delaware judge ruled on Friday that Tesla Inc’s (TSLA.O) board of directors must defend at a trial Chief Executive Elon Musk’s multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company. FILE PHOTO: Tesla Inc CEO Elon Musk attends the World Artificial […]

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U.S., China held ‘productive’ talks, still plan October meeting: USTR

WASHINGTON (Reuters) – U.S. and Chinese deputy negotiators held “productive” talks in Washington this week aimed at improving their trade relationship, the U.S. Trade Representative’s office said on Friday without offering further details. “These discussions were productive, and the United States looks forward to welcoming a delegation from China for principal-level meetings in October,” USTR […]

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Few U.S. lawmakers hit ‘like’ button after Facebook CEO visits Capitol Hill

WASHINGTON (Reuters) – Facebook CEO Mark Zuckerberg wrapped up three days of discussions with Washington movers and shakers on Friday, with few if any indications he had won new “friends” to help the top social media company deal with multiple probes by Congress, state attorneys general and federal regulators. FILE PHOTO: Facebook CEO Mark Zuckerberg […]

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EU court ruling on Starbucks, Fiat million euro tax orders on September 24

BRUSSELS (Reuters) – Europe’s second-highest court will rule on Sept. 24 whether Starbucks Corp (SBUX.O) has to pay up to 30 million euros ($33 million) in Dutch back taxes and Fiat Chrysler Automobiles NV (FCHA.MI) a similar amount to Luxembourg. FILE PHOTO: European Competition Commissioner Margrethe Vestager addresses a news conference on an antitrust case […]

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Facebook suspends tens of thousands of apps in response to Cambridge Analytica row

FILE PHOTO: Small toy figures are seen in front of Facebook logo in this illustration picture, April 8, 2019. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Facebook Inc (FB.O) said on Friday it has suspended tens of thousands of apps on the social networking platform, as part of the company’s ongoing app developer investigation it began in […]

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