CEO David Calhoun’s 45% pay jump from the prior year should be rejected at the company’s annual meeting on May 17, shareholder advising firm ISS said.
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Alicia Diaz, Bloomberg (via Fortune)
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5/5/24
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It’s the first flight of Boeing’s Starliner capsule with a crew on board, a pair of NASA pilots who will check out the spacecraft during the test drive and a weeklong stay at the space station.
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Marcia Dunn, The Associated Press (via Fortune)
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5/5/24
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Shein is hunting down a $90 billion valuation, IPO approval—and Amazon’s online retail stronghold.
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Sasha Rogelberg (via Fortune)
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5/5/24
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“I trust my children and my wife totally, but that doesn’t mean I ask them what stocks to buy,” Buffett said.
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Jason Ma (via Fortune)
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5/4/24
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In a note distributed to investors on Thursday, JPMorgan analysts recounted a recent meeting they had with Boeing CFO Brian West.
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Jason Ma (via Fortune)
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5/4/24
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Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg
Crypto startups are turbocharging valuations through aggressive fundraising methods that reflect renewed crypto industry investor appetite despite looming economic uncertainty.
The post Crypto …
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Vince Dioquino (via Crypto Briefing)
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5/4/24
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“Therefore, we have no doubt Embraer could develop an excellent jet to compete in the same class as the 737 Max and the A320neo, on budget, on time and at a fraction of the cost of the other OEMs."
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Marco Quiroz-Gutierrez (via Fortune)
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5/4/24
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Berkshire's investment in the iPhone maker is still the biggest one in the $364 billion portfolio at $135.4 billion.
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Josh Funk, The Associated Press (via Fortune)
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5/4/24
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Apart from forgery incidents, paper-based pedigree certificates suffer from various problems, like missing documents and overseas verification issues, according to the Akita Inu Preservation Society. …
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Wahid Pessarlay (via CoinGeek)
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5/4/24
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Most of the investment will be used to equip 840,000 Indonesians with AI skills, with an aim for nationwide upskilling program that will focus on women and youth from underrepresented communities. …
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Wahid Pessarlay (via CoinGeek)
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5/3/24
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Last year’s banking turmoil reignited debate about holding executives accountable for bad decisions.
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Katanga Johnson, Lydia Beyoud, Bloomberg (via Fortune)
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5/3/24
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Critics say the new rules amount to freebies for China.
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Tom Krisher, Matthew Daly, The Associated Press (via Fortune)
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5/3/24
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The state hospital has long struggled to address staffing shortages, overcrowding and other security lapses.
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The Associated Press (via Fortune)
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5/3/24
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An announcement about the legislation went viral for reasons completely unrelated to meat of any kind: “It’s the worst picture of me,” a reality star says.
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Amanda Gerut (via Fortune)
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5/3/24
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Frontier CEO said the airline industry’s technology may be a barrier to compliance.
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Marco Quiroz-Gutierrez (via Fortune)
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5/3/24
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In the changing institutional investment landscape, top concerns include the shifting world order, demographic forces, and cybersecurity. Cybersecurity makes the list for many reasons, including …
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Zac Amos (via Hacker Noon)
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5/3/24
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Unemployment ticked up slightly, and wages rose less than expected. But is that a blip or a start of a trend?
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Paolo Confino (via Fortune)
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5/3/24
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What some call the best four years of your life might end up leaving a decades-long aftertaste.
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Chloe Berger (via Fortune)
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5/3/24
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For the fourth year in a row, MicroStrategy Executive Chairman Michael Saylor shared his company’s Bitcoin playbook with Bitcoin-curious Fortune 1000 firms.
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Frank Corva (via Bitcoin Magazine)
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5/3/24
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MSTR still trades much higher than the value of the Bitcoin behind it, but one analyst believes fundamentals aren’t important for investors right now.
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Andrew Throuvalas (via Decrypt)
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5/3/24
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After selling $2.7 billion worth of Bitcoin in Q1 2024, Jack Dorsey's Block unveiled a plan to reinvest Bitcoin-related profits into the coin.
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André Beganski (via Decrypt)
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5/3/24
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Altman is more worried about how quickly society can adapt to the technology: “One thing we’ve learned is that AI and surprise don’t go well together.”
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Christiaan Hetzner (via Fortune)
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5/3/24
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"Without entrepreneurship, I am not sure where I would be," writes inmate-turned-entrepreneur Claudia L. Shivers.
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Claudia L. Shivers (via Fortune)
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5/3/24
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In closing arguments, Google maintained that its ubiquity flows from its excellence, and its ability to deliver consumers the results that it's looking for.
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Matthew Barakat, The Associated Press (via Fortune)
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5/3/24
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The Army’s Special Operations recruiters who recruit from already-serving soldiers say they are making about 75% of their overall goal, which is between 3,000 and 4,000.
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Lolita C. Baldor, The Associated Press (via Fortune)
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5/3/24
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