Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial $56 billion pay package.
Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
Private job creation slowed more than expected in May, signaling further slowing in the labor market.
Stocks making the biggest moves premarket: Hewlett Packard Enterprise, Instacart, CrowdStrike and more
These are the stocks posting the largest moves in premarket trading.
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
The new Google executive will replace Ruth Porat, who will become president and chief investment officer of the company after nearly a decade as CFO.
Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion
The sprawling shopping complex is already home to 1,200 stores, 200 food and beverage outlets, an aquarium, a skating rink, and indoor amusement parks.
Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software
Starling will pursue international expansion via its software business Engine rather than via banking licenses, incoming CEO Raman Bhatia said.
Citadel and BlackRock back project to start a national stock exchange in Texas
BlackRock and Citadel Securities are among investors backing a group seeking to start a new national stock exchange in Texas.
Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
Despite the lower valuation, Nium is confident it can go public in the next 18 months and is eyeing late 2025 for its stock market debut.
The best banks in the Asia-Pacific region, according to customers
The report is the first of its kind between CNBC and market research firm Statista, which surveyed 22,000 individuals with a checking or savings account in 14 major economies.
Stocks making the biggest moves after hours: CrowdStrike, Hewlett Packard Enterprise and more
These are the stocks posting the largest moves in extended trading.