FINANCE

Boeing CEO Dave Calhoun denies culture of retaliation against whistleblowers at Senate hearing

Embattled Boeing CEO Dave Calhoun spent two hours Tuesday trying to persuade largely skeptical senators that the beleaguered aircraft maker…

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Kansas City Chiefs new stadium plan heads for vote in legislature

A 170-year-old rivalry is flaring up as Kansas lawmakers try to snatch the Super Bowl champion Kansas City Chiefs away from Missouri…

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Illegal vapes are flooding the market and the government is scrambling

Millions of American youth are hooked on nicotine—and politicians tore into top public health officials during a contentious hearing Wednesday…

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Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing

Volvo Car AB has started to shift manufacturing of Chinese-made electric vehicles to Belgium as the European Union prepares to…

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Tokyo’s government plays matchmaker with new dating app to reverse its plunging birth rate

The birth rate in Japan is so low that its biggest city’s government is going to desperate measures to help…

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How much do CEOs get paid? In 2023, it was $16.3 million at the median

The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press…

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Billionaire Bill Ackman is about to get $4 billion richer as his hedge fund Pershing Square expects a funding round at a premium valuation

Investor Bill Ackman is adding billions to his billions—at least on paper—as the value of his stake in hedge fund…

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Hess CEO drags $53 billion Chevron deal over the line amid grapple with Exxon

Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon…

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Offices are ‘once in a generation’ buying opportunities

It’s been 30 years since the commercial real estate market was this bad—and that represents a generational entry point for…

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Disney and Bob Iger beat Nelson Peltz in proxy fight

Activist investor Nelson Peltz lost his high-profile proxy fight against Disney’s board on Wednesday after shareholders voted by a “substantial…

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