The compensation of U.S. CEOs rises sharply when their companies gain import restrictions against foreign competitors, according to a new research paper.
Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports.
Wall Street’s top regulator on Tuesday proposed a pair of long-awaited rules that would set new limits on shareholders’ ability to call for corporate changes on thorny issues like climate change disclosures and executive compensation.
(Bloomberg) — Charles Schwab, founder of the giant discount brokerage, said he has always hated charging commissions and he’s glad to be “out of the business.”“I hated commissions,” Schwab, 82, said Tuesday at the Impact 2019 conference in San Diego. “I hated them then. I hate ’em now. I took ’em away.”Charles Schwab Corp. roiled the brokerage industry when it eliminated fees for U.S. stocks, exchange traded funds and options. The move escalated a long-simmering price war spurred by investors who have moved to the cheapest investment products.Also at the conference, Schwab Chief Executive Officer Walter Bettinger said the firm …read more […]
Occidental Petroleum Corp on Tuesday said sharp reductions in capital spending next year will result in oil and gas production growth of just 2 percent, missing the target for 5% growth of the combined business with Anadarko Petroleum. Occidental plans to slash spending by 40% and cut back on production goals in order to meet dividend and debt payments, it disclosed Monday when it released third quarter financial results. It plans 2020 spending of about $5.4 billion and a 2021 budget of $6.6 billion, Chief Executive Officer Vicki Hollub said Tuesday on a call with analysts. …read more […]
The 737 MAX saga is far from over – and only part of the problem Continue reading… …read more […]
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be… …read more […]
Yahoo Finance’s Adam Shapiro shares what’s making headlines Tuesday. …read more […]
The legendary hedge fund manager spoke at the Greenwich Economic Forum. …read more […]
Although the American multinational ridesharing company beat Q3 estimates on the top and bottom line, Uber Technologies, Inc. reported a net loss over $1 billion. MorningStar Analyst Ali Mogharabi joins Yahoo Finance’s Adam Shapiro, Julie Hyman and Brian Cheung to break it down on On The Move. …read more […]
The three main U.S. indexes took a breather on Tuesday after expectations of a U.S.-China trade deal propelled them to record highs in the previous session.
At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important to judge companies by their spending on less glamorous areas like power lines and grid reliability.
Looking at one of Einhorn’s cheapest positions Continue reading… …read more […]
AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans but reducing data speeds if they used too much, the Federal Trade Commission (FTC) said on Wednesday. As part of the settlement of the 2014 complaint, AT&T is also prohibited from making any representation about the speed or amount of its mobile data, without also disclosing any material restrictions on the data. AT&T issued a brief statement acknowledging that it had reached a settlement with the FTC. …read more […]
Peloton reports first earnings results since IPO. Yahoo Finance’s Jared Blikre and Former CFTC Chief Market Intelligence Officer Andy Busch joined On The Move to discuss. …read more […]
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