Business

Musk’s $1 Trillion Pay Package Is Due for a Vote on Thursday. Here’s What to Know

Tesla shareholders are set to vote Thursday on a proposed pay package for Elon Musk that could potentially make him the world’s first trillionaire.

Moderna Projects Lower Revenue in 2025 Due to Flagging COVID-19 Vaccine Sales

Moderna on Nov. 6 revised its revenue projections for 2025 after third-quarter sales plummeted from a year prior.
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US Steel, Nippon Steel Announce $11 Billion Investment Over 3 Years

U.S. Steel announced a $14 billion plan with Nippon Steel to modernize and expand operations to boost growth and competitiveness in the steel industry.

Kimberly-Clark to Buy Tylenol Parent Kenvue in $48.7 Billion Deal

Kimberly-Clark will buy Tylenol and Band-Aid maker Kenvue for $48.7 billion, creating a massive consumer staples powerhouse.

US Oil Industry Braces for Lower Prices in 2026

The price of crude oil has fallen sharply this year, and the energy industry is bracing for lower prices in 2026.

Ben & Jerry’s Co-Founder Says Unilever Blocked Palestinian-Themed Ice Cream

Ben & Jerry’s was blocked by Unilever from creating a Palestinian-themed ice cream, the company’s co-founder, Ben Cohen, said in a video post on Instagram.

Government Shutdown Could Cost US Economy $14 Billion: CBO

The government shutdown could cost the U.S. economy up to $14 billion, a new analysis by the CBO said on Oct. 29.

Nvidia Becomes First Company Ever to Cross $5 Trillion Market Cap

Shares of chip titan Nvidia jumped about 5 percent on Oct. 29, making it the first company to achieve a $5 trillion market cap milestone.