Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide
A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s…
Russian oligarch Dmitry Rybolovlev loses suit accusing Sotheby’s of art fraud
Russian billionaire Dmitry Rybolovlev on Tuesday lost a New York federal court lawsuit in which he had accused the Sotheby’s…
Citadel CEO and billionaire Ken Griffin donated $5 million to Nikki Haley super PAC
Citadel CEO Ken Griffin, a billionaire and major Republican campaign donor, gave $5 million to a political action committee backing…
White House touts highest consumer confidence in more than 2 years
The White House cheered the Conference Board report on Tuesday showing consumer confidence rising to its highest level in more…
E. Jean Carroll lawyer says Trump claims of judge conflict no basis to toss $83.3 million verdict
E. Jean Carroll’s lawyer on Tuesday rebutted a claim that she was mentored by the judge who oversaw the rape…
IMF warns British government against more tax cuts
LONDON — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund said Tuesday, as…
Fahmi Quadir, short seller nicknamed ‘The Assassin,’ takes aim at for-profit college giant Adtalem
WASHINGTON — Short seller Fahmi Quadir has found her new target: The $2 billion market cap Adtalem Global Education, a…
Stocks are the ‘asset class of choice’ as markets are now used to bad news, strategist says
Geopolitical risks may be mounting, but stocks are still the “asset class of choice,” according to Beat Wittmann, partner at…
Former Pakistan Prime Minister Imran Khan sentenced to 10-year jail term
Former Prime Minister of Pakistan Imran Khan has been sentenced to 10 years in jail on charges of leaking state…
DOJ and SEC unveil charges in $1.9 billion HyperFund cryptocurrency fraud
The Department of Justice on Monday announced criminal charges against two people and the guilty plea of a third person…
