Thirty-one percent of shareholders participating in JPMorgan Chase & Co.'s JPM, +3.31% annual meeting supported a $52.6 million options award to CEO Jamie Dimon in his 2021 compensation package, according to a transcript of the event on Tuesday. Dimon drew the bonus on top of his regular pay to...
U.S. stocks finished sharply higher Tuesday after Federal Reserve Chairman Jerome Powell said a "softish landing" for the economy still was possible. The Dow Jones Industrial Average DJIA, +1.34% advanced about 431 points, or 1.3%, ending near 32,655, up for a third straight day in a row. It also...
Shares of Container Store Group Inc. TCS, -1.50% rallied more than 10% in the extended session Tuesday after the retailer reported fiscal fourth-quarter earnings and sales above Wall Street expectations and promised $2 billion in yearly sales within five years. The Container Store said it earned $23.2 million, or...
Gold prices ended higher Tuesday for a second day in a row, with a pullback in the surging dollar helping to lift the yellow metal from its slump. Gold for June delivery gmc22 GC00, +0.02% rose about 0.3%, to settle at $1,818.90 an ounce on Comex, after dipping below...
President Joe Biden on Tuesday called Saturday's mass shooting in Buffalo, New York, "domestic terrorism," and blasted backers of the so-called great replacement conspiracy theory. "I condemn those who spread the lie for power, for political gain and for profit," the president said on a visit to the city....
Higher mortgage rates, soaring building costs and rising home prices drove the NAHB Home Builders Index to a nearly two-year low of 69 in May from 77 in the prior month, the National Association of Home Builders said Tuesday. The NAHB/Wells Fargo index was forecast to total 75. The...
Three of the new positions revealed in Berkshire Hathaway's BRK.B, -0.34% 13-F filing jumped in premarket trade on Tuesday. Paramount Global's B shares PARAA, -0.82% bounced 10%, as Celanese CE, +1.52% rose 6% and Citigroup C, -0.38% rose 5%. Investors had already known that Warren Buffett's investment vehicle had...
Twitter Inc. TWTR, -8.18% said Tuesday it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission regarding its agreement for the social media site to be acquired by Tesla Inc. TSLA, -5.88% CEO Elon Musk to $54.20 a share in cash. "Twitter is committed to...
Shares of Griffon Corp. GFF, +23.94% soared 23.4% toward a record in morning trading Monday, after the diversified management and holding company said it started a review of strategic alternatives to maximize shareholder value, which could include a sale of the company, a divestiture or a recapitalization. The stock...
Walmart Inc. WMT, +0.11% said Monday that it is piloting the College2Career program this summer, which will focus on putting new college grads on a career path with the retail giant. College graduates and college students within a year of graduation are eligible. The program offers training, classwork and...