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Dow rises more than 300 points after the wild trading day

Dow rises more than 300 points after the wild trading day

U.S. stocks traded higher on Thursday as tech shares went up from last trading day. The Dow Jones industrial average rose 341 points, with Boeing and DowDuPont as the best-performing stocks. The S&P 500 gained nearly 1 percent, with energy leadi..

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Nike Executive Resigns Amid Inappropriate Behavior Complaints

Nike Executive Resigns Amid Inappropriate Behavior Complaints

Nike Inc.’s (NYSE: NKE) brand president, Trevor Edwards will resign and leave the company effective in August amid inappropriate workplace complaints, reports The Wall Street Journal, citing a Nike spokeswoman.The Journal cited an internal mem..

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Two of Tesla Inc. (NASDAQ: TSLA) shareholders are supporting a plan to award Elon Musk, CEO of Tesla, a compensation package valued at approximately $2.6 billion. The award is to prove that the electric vehicle manufacturer can keep Musk as CEO..

Facebook Losing Younger Users at a Faster Rate than Previous Forecast

Facebook Losing Younger Users at a Faster Rate than Previous Forecast

Facebook (NASDAQ: FB) is on track to lose its younger users at a faster rate than the previous forecast. The social media giant is expected to lose nearly two million users under the age of 24 this year alone as more begin to shift to other platform..

Tesla’s 10 Year Plan for Company Growth Can Net Elon Musk Billions or Nothing

Tesla’s 10 Year Plan for Company Growth Can Net Elon Musk Billions or Nothing

Tesla Inc. (NASDAQ: TSLA) announced on Tuesday a new 10-year CEO performance award for Elon Musk. The new plan will “not guarantee Musk any form of compensation - no salary, no cash bonuses, and no equity that vests simply by the passage ..

Apple Stock Down After Report Indicates iPhone X Demand Lower than Expected

Apple Stock Down After Report Indicates iPhone X Demand Lower than Expected

Apple Inc. (NASDAQ: AAPL) shares fell more than 2.5% Tuesday after a report by Taiwan's Economic Daily claiming that demand for iPhone X could come in below expectations in the first quarter of sales.According to a report by Reuters, the Ta..