WeWork curbs CEO’s voting power in bid to boost IPO prospects
WeWork owner The We Company said on Friday it has curbed the voting power of founder and CEO Adam Neumann, as part of changes to...
WeWork plans Nasdaq listing, curbs CEO’s voting power
WeWork owner The We Company said on Friday it plans to list its stock on the Nasdaq and announced changes to its corporate governance, including...
Trump trade-war aid sows frustration in farm country
The U.S. government is paying Texas cotton farmer J. Walt Hagood $145 an acre for losses related to U.S. President Donald Trump’s trade policies. But...
Ford, GM rev up electric pickup trucks to head off Tesla
Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century – with...
Shares, bond yields perch at six-week highs
World shares climbed to a six-week high alongside benchmark government bond yields on Friday, as markets cheered signs of progress in U.S.-China trade talks and...
Japan Post Bank admits improper sales to elderly clients, discovers 19,500 cases
Japan Post Bank said it had improperly sold investment trust products to elderly customers in a total of about 19,500 cases, the latest case of...
WeWork considering curbing Neumann’s voting power to save IPO: source
WeWork owner The We Company’s executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from...
Record low rates deliver competitive advantages to Australia’s biggest banks: regulator
Australia’s banking watchdog on Friday said record-low interest rates are likely to benefit the country’s “Big Four” lenders over their smaller counterparts due to their...
White House moving forward to strip California of vehicle authority: sources
The Trump administration is moving forward with a plan to revoke California’s authority to set its own vehicle greenhouse gas standards and declare that states...
Billionaire investor Carl Icahn to leave New York for Florida
Billionaire investor Carl Icahn, a born New Yorker who has run his business from the city for decades, is moving his office, more than half...