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    Delaware judge rejects request to restore Musk’s $56 billion Tesla pay

    by skolnes December 2, 2024
    December 2, 2024

    By Tom Hals WILMINGTON, Delaware (Reuters) -A Delaware judge ruled on Monday that Tesla (TSLA) CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite …

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    Art Cashin, Wall Street veteran for over 60 years, dies at age 83

    by skolnes December 2, 2024
    December 2, 2024

    (Reuters) – Art Cashin, UBS’ director of floor operations at the New York Stock Exchange who spent more than 60 years on Wall Street, has died aged 83. “It is …

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    Fed’s Williams eyes further cuts as price pressures cool further

    by skolnes December 2, 2024
    December 2, 2024

    By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Monday the U.S. central bank is likely to lower its interest …

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    An Intel Break-Up Could Follow Its CEO Shake-Up, Bank of America Says

    by skolnes December 2, 2024
    December 2, 2024

    I-Hwa Cheng / AFP / Getty Images Intel said CEO Pat Gelsinger (pictured above) retired on Monday Intel could be more likely to split its operations now that CEO Pat …

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    The Average Retiree Has A Net Worth Of $1.79 Million – Are You Ahead Of The Curve?

    by skolnes December 2, 2024
    December 2, 2024

    According to Federal Reserve data, the average retiree’s net worth is $1.79 million. Sounds impressive, right? But here’s the catch: that number doesn’t tell the whole story. A small group …

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    Why Taiwan Semiconductor Stock Was Moving Higher Today

    by skolnes December 2, 2024
    December 2, 2024

    Shares of Taiwan Semiconductor (NYSE: TSM) were moving higher today even though there was no company-specific news out on the stock. Instead, investors seemed to react positively to news that …

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    Intel CEO Forced Out by Board Frustrated With Slow Progress

    by skolnes December 2, 2024
    December 2, 2024

    (Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to turmoil at …

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  • Cryptocurrency News

    Super Micro says independent review finds no evidence of misconduct as company searches for new CFO

    by skolnes December 2, 2024
    December 2, 2024

    Super Micro Computer (SMCI) stock jumped more than 30% Monday midday after the server maker announced that an independent review of its business found no evidence of fraud or misconduct. …

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    Super Micro’s shares jump after server maker says review finds no evidence of misconduct

    by skolnes December 2, 2024
    December 2, 2024

    NEW YORK (AP) — Just over a month after Ernst & Young resigned as its public accounting firm, Super Micro Computer says a review committee has found no evidence of …

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  • Cryptocurrency News

    Super Micro Finds No Evidence of Fraud; Will Replace CFO

    by skolnes December 2, 2024
    December 2, 2024

    (Bloomberg) — Super Micro Computer Inc. said an independent review of its business found no evidence of misconduct but recommended that the server maker appoint new top financial and legal …

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