Elon Musk, the billionaire co- founder of Tesla Motors Inc., received $4.3 million in stock- based pay for work on the Model X sport-utility vehicle that the board found “probable” the company will complete later.
Newark Mayor Cory Booker, who lived on food stamps and resided in low-income housing to identify with his poor constituents, is acknowledging his status as a technology millionaire as he campaigns across New Jersey for a U.S. Senate seat.
The cheapest valuation on record for shares of OAO Gazprom, the world’s biggest producer of natural gas, is prompting Chairman Viktor Zubkov to buy a stake for the first time since his appointment in 2008.
Yahoo! Inc.’s Mickie Rosen, the veteran entertainment executive hired to lead the company’s media business in 2011, is departing one year into Chief Executive Officer Marissa Mayer’s attempt at a turnaround.
Oracle Corp.’s Larry Ellison remained the highest-paid chief executive officer in the U.S. last year in an updated New York Times list, as total compensation for CEO’s rose 16 percent, the newspaper said.
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its biggest three-day rally since January, on better-than-estimated economic data and assurances on stimulus efforts from Federal Reserve officials.