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2 mins read

These are the 8 best quotes from JPMorgan chief Jamie Dimon's latest shareholder letter

The Wall Street veteran nodded to the banking crisis, obstacles facing JPMorgan, geopolitical risks…

Phil Rosen   


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1 min read

Elon Musk said Target should expect lawsuits over its Pride range for 'destruction of shareholder value'

Target's stock has tanked amid backlash from right-wingers over its Pride Month collection, which i…

Grace Dean   


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2 mins read

Tesla shareholders will vote today on whether to kick Elon Musk's brother off the company's board

An advisory firm has urged Tesla shareholders to oust both Kimbal Musk and James Murdoch, saying Te…

Isobel Asher Hamilton   


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2 mins read

Mark Zuckerberg is arguing he can't be held liable for kids' Instagram addiction just because he's the boss. He may be right.

Mark Zuckerberg says he can't be held personally liable in lawsuits alleging harm to kids with soci…

Kelsey Vlamis   


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1 min read

AI is overhyped, Warren Buffett's right-hand man Charlie Munger says

Berkshire Hathaway's vice chairman Charlie Munger is skeptical about the AI hype and previously sai…

Sawdah Bhaimiya   


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An investor group says DoorDash's past tipping problems and dual-class stock structure make it 'unready for public markets'

The delivery company will start trading for the first time this week, raising up to $3.1 billion in…

Graham Rapier   


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3 mins read

Cyrus Mistry says he's fighting the Tatas for 'rights' but not the chairman's seat

Cyrus Mistry believes Ratan Tata’s questioning of the NCLAT judgement is ‘brute majoritarianism’

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18 mins read

Jeff Bezos is about to hand over the keys of Amazon to a new CEO. Read his final letter to shareholders right here.

For over 20 years, Amazon CEO Jeff Bezos has written an annual letter to shareholders. Earlier this…

Ben Gilbert   


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1 min read

Elon Musk fended off a 'gag order' aimed at silencing his views on a fraud lawsuit brought by Tesla investors

The investors are suing Musk over his infamous "funding secured" tweet and asked a judge to stop th…

Isobel Asher Hamilton   


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4 mins read

At Globe Life, potential shareholder lawsuits, an "influx" of new witnesses following allegations of sexual assault at a top agency

Major investor Berkshire Hathaway, corporate partner Dallas Cowboys silent on sexual assault allega…

Susan Antilla   


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22 mins read

Amazon CEO Andy Jassy says his letter to shareholders follows one of the toughest economic years in recent memory. Read it in full.

Jassy addressed the company's shareholders on Thursday in the annual letter, saying 2022 had been a…

Sam Tabahriti   


Theron Mohamed   


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2 mins read

Airtel’s board approves raising funds of up to ₹21,000 crore

The rights entitlement ratio entails 1 equity share for every 14 equity shares held by eligibl…

PTI   


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2 mins read

SEBI comes out with stringent norms to save IPO investors from losing big money

India’s financial markets regulator has come up with a slew of measures to tighten the rules for co…

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1 min read

A new trading app wants to give retail investors a voice in activist campaigns against big corporations

The meme stock rally showed that social media makes collective action among retail investors much e…

Matthew Fox   


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3 mins read

Ben Gilbert   


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2 mins read

Tesla investor looking to rein in Elon Musk drops his bid for a board seat, saying the EV maker's shareholders 'have been heard'

Ross Gerber had been pushing for Tesla to identify potential successors for CEO Elon Musk, but has …

George Glover   


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2 mins read

Lawyer dubs Elon Musk a 'part-time CEO' distracted by Twitter and SpaceX in Tesla shareholder lawsuit over $56 billion pay package, report says

The final comments in a lawsuit over Elon Musk's $56 billion Tesla pay package were made on Tuesday.

Pete Syme   


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3 mins read

Shareholders to pay 25% for subscribing to RIL's ₹53,125-crore right issue now, balance next year

Of the Rs 1,257 per share price, only 25 per cent is to be paid at the time of subscription. A …

PTI   


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2 mins read

Mukesh Ambani offers Reliance Industries shareholders 1 new share for every 15 held⁠— at a price 14% below market value

Analysts expected RIL to announce 1 share for every 20 held and that would have diluted the valu…