business news

Walmart announces 3-for-1 stock split as shares hover below all-time high

Walmart announced a three-for-one stock split on Tuesday as the retailer’s shares sit just below their all-time high. The company…

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…

A change to this one clause could be the most important part of the Fed meeting

Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small…

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…