By Ross Kerber(Reuters) - State Street (NYSE:STT)’s asset management unit on Friday dropped targets for the number of women and minority directors who should serve on corporate boards, according to new proxy voting guidance posted on its website.The changes were in line with those of other major asset managers under political pressure, shifts likely to slow the pace at which boardrooms add dir ...
(Reuters) - SoftBank (TYO:9984) Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.The Japanese technology investor might borrow another $8 billion in early 2026, the report added. Reuters reported in January that SoftBank is in talks to ...
By David Shepardson(Reuters) - A FedEx (NYSE:FDX) Boeing (NYSE:BA) 767 cargo plane struck a bird while departing Newark Airport, New Jersey, on Saturday and made an emergency landing with one engine on fire.FedEx Flight 3609, which was headed to Indianapolis, landed safely nine minutes after takeoff at 7:58 a.m. The Federal Aviation Administration and National Transportation Safety Board will inve ...
By Eduardo Munoz and Rich McKayNEW YORK (Reuters) - Nine people were arrested during a raucous demonstration outside a New York City Tesla (NASDAQ:TSLA) dealership on Saturday, protesting owner Elon Musk’s role in sweeping cuts to the federal workforce at the behest of President Donald Trump.The protest, which police said involved hundreds of people, was one of a wave of "Tesla Takedown" demonst ...