Stocks and Bonds – Page 46

Elon Musk’s Twitter Role Puts Tesla Board Under New Scrutiny

Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.

The billionaire chief executive is testifying about a multibillion dollar compensation package the electric car company’s board put in place in 2018.

A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.

Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.

Executives, analysts and bond traders are all wondering if corporate finance is about to unravel as interest rates rise.