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Russell Crowe held a divorce auction in Redfern, Australia, yesterday, which he called ‘The Art of Divorce’ in a bid to make some cash. The 54-year-old actor, perhaps most famous for his role in blockbuster hit The Gladiator as well as a A Beautiful Mind, aimed to sell memorabilia from his career. The aim of […]
SAN FRANCISCO/BOSTON — Shareholders of electric car company Tesla approved a compensation package potentially worth $ 2.6 billion for Chief Executive Officer Elon Musk on Wednesday, though by a lower margin than U.S. CEOs typically receive on pay votes. Excluding votes by Musk and his brother Kimbal, the measure passed with about 73 percent of […]
State Street Global Advisors, a $ 2.6 trillion asset manager, is a huge player in the passive investment movement, developing index and exchange-traded funds that provide cheap ways for Main Street to invest. The passive trend has some people worried that ETFs are warping the stock market. State Street also has an active investment management business, […]
Wikimedia Commons (Reuters) – Power grids maker ABB is buying General Electric’s Industrial Solutions business for $ 2.6 billion in a bet it can improve the division’s lacklustre margins over the next five years, the Swiss engineering company said on Monday. Zurich-based ABB sees potential for annual cost benefits of $ 200 million with the deal, which includes an […]
Business Insider Courtesy of AUrate Manhattan jewelry startup AUrate New York raised $ 2.63 million in a seed funding round, The Wall Street Journal reported. Speaking with Business Insider, its founders Sophie Kahn and Bouchra Ezzahraoui said that one of their earliest choices for the business made a big difference in their ability to raise money: […]
