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Apple CEO Tim Cook to take a more than 40 percent pay cut | Technology News
The compensation committee took into account shareholder feedback, company performance and a recommendation by Cook himself. Apple CEO Tim Cook…
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US treasury secretary Yellen warns of hitting debt cap by June | Business and Economy News
In a letter, Janet Yellen urged congressional leaders to quickly act to raise the debt ceiling. US Treasury Secretary Janet…
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Tesla slashes prices globally by as much as 20 percent | Business and Economy News
Tesla has slashed prices globally on its electric vehicles by as much as 20 percent, extending an aggressive discounting strategy…
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Trump Organization fined $1.6m for ‘brazen’ tax fraud | Business and Economy News
A New York judge has ordered former US President Donald Trump’s namesake real estate company to pay a $1.6m criminal…
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Pakistan foreign exchange reserves drop to lowest since 2014 | Business and Economy News
Experts paint a gloomy picture, saying the government must reconsider its priorities from finding short-term solutions to more sustainable reforms.…
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China’s imports, exports plunge in warning sign for economy | Business and Economy
Exports shrink 9.9 percent year-on-year in December, while imports decline 8.7 percent. China’s exports plummeted in December at their fastest…
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ExxonMobil predicted climate change while downplaying risk: Study | Business and Economy
Texas, US-based company’s own scientists accurately predicted global warming as far back as the 1970s, study says. ExxonMobil publicly sowed…
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IMF chief sees 2023 global growth forecast holding steady | Business and Economy
IMF Managing Director Kristalina Georgieva says 2023 to be another “tough year” for the global economy. The International Monetary Fund…
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US regulator charges two crypto firms with unregistered offerings | Business and Economy News
The Securities and Exchange Commission charged Genesis and Gemini with illegally selling securities to hundreds of thousands of investors. The…
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‘I didn’t steal funds’ says former crypto titan Bankman-Fried | Business and Economy News
In a highly unusual post-arrest blogpost a month after his arrest, he said he ‘didn’t stash billions away’. Sam Bankman-Fried…
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