 | | | | Occidental Petroleum Corp said on Thursday it had restored a major portion of its chief executive officer's base salary, nearly a year after its management and employees were to forced to take a pay cut to battle one of the industry's worst downturns. | | | | | | U.S.-based stock funds attracted $22.9 billion in the week to Wednesday, the largest weekly inflow since March 2008, as Wall Street's main indexes hit record highs on optimism about President Joe Biden's plans for fiscal stimulus and COVID-19 vaccine distribution. | | | | | | Indaba Capital is pushing benefit management software company Benefitfocus Inc to put itself up for sale after years of poor returns and high turnover in the executive suite, according to a letter the hedge fund sent to the company's board on Thursday. | | | | | | Greece is preparing new measures to attract family offices offering dedicated wealth management services to ultra-rich clients, as it seeks to overhaul its image as an investment destination, two senior government officials said. | | | | | | Two senior JP Morgan Chase & Co executives responsible for defending corporate clients against activist investors who push for companies to perform better have left the bank, three sources said. | | | | | | Billionaire investor Daniel Loeb called Intel's resources "unmatched" in the semiconductor industry and said his firm, Third Point, is "excited" to be a long-term investor. | | | | | | JPMorgan Chase & Co CEO Jamie Dimon has led calls for companies to consider the needs of workers, communities and customers as well as those of shareholders. | | | | | | Americans stuck at home and with more discretionary funds at their disposal but fewer spending options because of the COVID-19 pandemic are piling into the stock market and sprucing up their homes, a survey showed on Tuesday. | | | | | | Shares of video game retailer GameStop tumbled nearly 20% Tuesday to their lowest levels since the start of a retail investor-led surge that echoed across Wall Street. | | | | | | Stock brokers in Canada cannot use marketmakers to execute trades for a fee, under a government rule that has restricted the growth of zero-commission trading platforms like Robinhood, whose booming business in United States was linked to wild swings in GameStop Corp and other "Reddit rally" stocks. | | | | | |
