JPMorgan raises CEO Dimon’s pay to $31.5 million

FILE PHOTO: Jamie Dimon, chairman & CEO of JP Morgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York City, New York, U.S., September 25,... Read more »

Wall Street hit by coronavirus concerns, weak earnings

(Reuters) – U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China and disappointing corporate earnings prompted investors to hit the brakes after a... Read more »

American Airlines profit rises 27% as travel demand offsets MAX impact

FILE PHOTO: An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, U.S., March 4, 2019. REUTERS/Lucy Nicholson (Reuters) – American Airlines Group Inc (AAL.O)... Read more »

Amazon asks court to pause Microsoft’s work on Pentagon’s JEDI contract

The logo of Amazon is seen at the company logistics centre in Boves, France, November 5, 2019. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc said on Wednesday it filed a... Read more »

ValueAct CEO Jeff Ubben to step down: Financial Times

FILE PHOTO: Jeffrey Ubben, Founder & CEO at ValueAct Capital, poses for a portrait before speaking on the Reuters Newsmaker event’ “The Future of Shareholder Activism” panel in Manhattan,... Read more »

GM’s Cruise unit unveils driverless vehicle for ride-sharing service

Dan Ammann, chief executive officer of Cruise, a Honda and General Motors self-driving car partnership, speaks on stage at the launch of the Cruise Origin autonomous vehicle in San... Read more »

Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney

(Reuters) – Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming... Read more »

Boeing seeks to borrow $10 billion or more amid 737 MAX crisis: source

WASHINGTON (Reuters) – Boeing Co (BA.N) is in talks with banks about borrowing $10 billion or more amid rising costs for the U.S. planemaker after two crashes involving its... Read more »

Best Buy starts investigation into CEO’s personal conduct

FILE PHOTO: A sign marks a Best Buy store in Salem, New Hampshire, U.S., November 25, 2019. REUTERS/Brian Snyder (Reuters) – U.S. consumer electronics retailer Best Buy Co (BBY.N)... Read more »

Days before Grammys, academy shakes up leadership over ‘allegation of misconduct’

FILE PHOTO – The Recording Academy CEO Deborah Dugan announces nominations for the 2020 Grammy Awards at a news conference in Manhattan, New York, U.S. November 20, 2019. REUTERS/Mike... Read more »