Satsuma Technology, a company listed on the London Stock Exchange, recently made a significant move. They sold a large chunk of their Bitcoin holdings. This was part of their plan to prepare for a bigger role in the main market. The company sold 579 Bitcoins from their total of 1, 199. This sale br
A tech company, Corvex, finds itself in a confusing situation after one of its top executives was arrested. Brian Raymond, named as Corvex's Chief Technology Officer (CTO) in official documents, was indicted for illegal activities. Here's where it gets messy: Corvex first said Raymond was their CTO,
Elon Musk, the CEO of Tesla, is up for a massive pay package that could be worth a trillion dollars. This is not a typo. A trillion. That's a lot of zeros. Tesla's board is really pushing for shareholders to approve this deal. They even warned that Musk might leave if they don't. But not everyone is
Shareholders of GigaCloud Technology Inc. might have grounds to question the actions of some company leaders. A legal team is looking into possible wrongdoing by certain officers and directors. If you bought GigaCloud stock before August 18, 2022, you could have options to seek changes in how the co
In China, companies listed on the stock exchange are under constant scrutiny. One interesting aspect is how visits from institutional analysts affect how these companies take risks. Researchers looked into this and found something surprising. More visits in one year can lead to managers taking bigge
Elon Musk's actions have sparked a lot of worry among investors. The CEO's political activities have led to a significant drop in Tesla's stock value. Many pension funds and institutional investors are now questioning the risks of investing in Tesla. The Lehigh County pension fund, for instance,
The Brazilian meat giant JBS had a notable moment when it started trading on the New York Stock Exchange. The company, which has been around for 72 years, saw its shares dip by 3. 9% on the first day. This event was a long time coming for JBS, which is now one of the biggest meat producers globally.
A grocery store chain is in the middle of a family feud. The company has been in the spotlight for a long time. This is because of the power struggle between family members who own the company. The latest twist in this drama happened when the CEO, Arthur T. Demoulas, was put on paid leave. This
Robyn Denholm, the head of Tesla's board, has been making some serious moves in the stock market. She's sold over 500 million dollars worth of Tesla shares in the last few years. This is a big deal because it's more than what most other big company board chairs have made in the same time. Denholm's
Kohl's, a well-known retail chain, has recently gone through a significant change. The company's board decided to fire its CEO, Ashley Buchanan. This decision came after an investigation found that Buchanan had been involved in some questionable business deals. Specifically, he had directed the comp
