South Korea's inflation climbs in November, but misses expectations
Last week, the bank of Korea cut its headline inflation outlook for 2024 and 2025 to 2.3% and 1.9% respectively, down from 2.5% and 2.1%.
-
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk’s pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.
-
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
-
California special session to ‘safeguard' state from Trump kicks off with proposed $25 million legal fund
Gov. Gavin Newsom’s special legislative session to safeguard California from potential “federal overreach” from the incoming Trump administration begins Monday
-
Art Cashin, New York Stock Exchange fixture for decades, dies at age 83
Art Cashin was UBS’ director of floor operations at the NYSE and a man The Washington Post called “Wall Street’s version of Walter Cronkite.”