Wednesday, May 6, 2026

Business

Shareholders of Tesla Approve CEO Elon Musk’s $45 Billion Compensation Package

Tesla CEO Elon Musk has secured a $45 billion pay deal after a contentious vote by shareholders. Musk, who faced challenges to his leadership,...

S&P 500 and Nasdaq Reach New Record Highs as Inflation Eases and Fed Optimistic About the Future

A positive surprise in inflation data just before the Federal Reserve's latest policy announcement has economists feeling upbeat about what Chair Jerome Powell might...

Tesla’s Future: Shareholders Rally Behind Elon Musk Despite Controversy

Tesla shareholders have overwhelmingly re-approved Elon Musk's 2018 pay package, resolving uncertainties about his future with the company. Musk's controversial $56 billion package was...

Lawsuit Alleges Rampant Sexual Harassment at SpaceX, Elon Musk Sued

Newspaper headline: Former Employees Sue SpaceX CEO Elon Musk Over Alleged Toxic Work EnvironmentIn a recent lawsuit, eight former employees of SpaceX have accused...

Live updates on today’s stock market

Two hours ago, European markets opened higher, with most sectors starting the day positively. The pan-European Stoxx 600 was up 0.35% at 8:14 a.m....

Major supply surplus expected by 2030 delivers stark warning to Big Oil

A recent report by the International Energy Agency (IEA) is predicting a significant surplus in global oil production led by the United States until...

GameStop Raises Over $2 Billion in Funding Following Surge in Retail Trading Influenced by Roaring Kitty

GameStop announced on Tuesday that it has successfully completed an "at-the-market" equity offering of its shares, raising approximately $2.14 billion in gross proceeds. This...

Senate committee expands investigation into forced Uyghur labor in BMW China supply chain

The head of the US Senate Finance Committee, Senator Ron Wyden, has launched an investigation into BMW after the company was found to have...