Citigroup Inc stated on Friday that its CEO Mike Corbat's compensation for previous year would be 21% lower than a year before and amount to $19M.
Volkswagen AG called the US government on Friday to grant it a four-year reprieve to acquire batteries for its electric cars production.
On Friday, Citigroup Inc announced that outgoing CEO Mike Corbat's payment for last year would be $19M, a 21% decline from 2019.
On Friday, the House Committee on Financial Services said that the CEOs of Robinhood, Melvin Capital and Citadel would testify before the US Congress on February 18 on GameStop turmoil.
According to a Reuters poll, the US economy is likely to reach pre-coronavirus pandemic levels in a year, driven by President Joe Biden's proposed $1.9 trillion stimulus package.
Facebook is making a smartwatch with extra fitness and health features, with plans to launch the device sales in 2022, according to The Information report.
The US Federal Trade Commission launched an in-depth investigation into Nvidia's acquisition of Arm, Bloomberg's report shows.
The CEOs of Twitter and Facebook are in negotiations with lawmakers to testify at the House of Representatives hearing in March, according to a Politico report.
Citigroup slashed its CEO Mike Corbat's 2020 compensation by 21% to $19M, compared to the previous year, a regulatory filing shows.
Alphabet's Google agreed to pay $76M in three years to French news publishers to finish a more than one-year-long copyright spat, a deal one publishers' lobby deemed unfair.
The US networking giant Cisco Systems announced its collaboration with Japan through its CDA Program to drive digitization across Japan.
Big tech firms including Microsoft, Alphabet and Qualcomm complained to the US antitrust regulators on Nvidia's agreement to acquire Arm, Bloomberg News reported.
Mobile banking platform MoneyLion agreed to go public via a blank-check merger with Fusion Acquisition, in a deal valuing the combined firm at $2.9B.
Ford Motor's CEO Jim Farley publicly called on South Korea's EV battery developers SK Innovation and LG Chem to settle the allegation between two makers over SK stealing trade secrets.
PayPal Holdings is unlikely to invest in cryptocurrencies, including bitcoin, the company's CFO John Rainey stated on Thursday.
Siemens' mobility signalling unit Intelligent Traffic Systems will be renamed to Yunex Traffic as part of the company's carve-out plans ahead of a possible sale.
On Friday, the world's largest cosmetics group L'Oreal is anticipating a robust rebound in its cosmetics sales after the COVID-19 pandemic slows down, as people will start going out again.
KBA, the German motor vehicle authority, stated on Friday that Tesla must recall about 12,300 Model X vehicles worldwide amid faulty car body mouldings.
On Friday, the US Dollar was expected to end the week's trading by booking a decline. The previous week, the USD ended the week with record gains.
During early Friday's trading, the price for Bitcoin reached above the 49,000.00 level, as the Tesla caused surge continued.
During Friday's European trading hours, stock indices declined, as a retracement from historical high levels was taking place.
On Friday, the US House committee approved the proposal to subsidize airlines with additional $14 billion.
On Thursday, the Anglo-Dutch company Royal Dutch Shell outlined plans to curb net carbon emissions to zero by 2050.
On Thursday, the Speaker of the US House of Representatives Nancy Pelosi stated that she expected the Congress to finish legislation on COVID-19 relief package by the end of February.