One common thread runs between Boeing CEO Dave Calhoun's departure and the death knell for GE next week: Jack Welch. Veteran financial journalist Allan Sloan notes that of the CEOs Welch mentored, four succeeded while 13 failed.
For Tesla, a combination of poor guidance, a tough selling environment in China, and more drama from CEO Elon Musk led the EV maker — which topped $750 billion in market cap to start the year — to shed over $200 billion since Jan. 1.
BANGKOK (AP) — Asian shares ended mostly higher in quiet, Good Friday holiday trading, while European and U.S. markets were closed. Tokyo's Nikkei 225 rose 0.5% to 40,369.44 and the Kospi in Seoul was little changed, at 2,748.55. The Shanghai Composite index gained 1% to 3,041.17. Taiwan's Taiex advanced 0.7%. In Bangkok, the SET added 0.5%. India’s markets were closed for Holi. The U.S. dollar slipped to 151.35 Japanese yen from 151.38 yen. The euro edged lower, to $1.0774 from $1.0790. On Thur
(Bloomberg) -- Syngenta Group has withdrawn its application for a stock-market listing in Shanghai, according to a notice on the stock exchange’s website.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseApple Plans New iPad Pro for May as Production Ramps Up OverseasUBS Banker’s Frustration Exposes Cracks in World of Climate FinanceDubai Is Losing Its Allure for Wealthy RussiansThe notice
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