Shares in CN, which counts billionaire Bill Gates' investment firm as its biggest shareholder, fell almost 2% in morning trading in both New York and Toronto, after the company said it expects 2019 adjusted diluted per share growth in low to mid single-digit range. CN, Canada's largest railroad, estimated the strike to slice around C $0.15 from its full year...
LONDON, Dec 1- The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his company to Hewlett Packard in an ill-fated $11.1 billion deal, to face charges including securities fraud, wire fraud and conspiracy. The U.S. embassy in London submitted the extradition request on Nov. 21 for Lynch to stand trial in...
*S&P 500 directors' average compensation above $300,000 in 2018. BOSTON, Nov 8- It's nice work if you can get it. The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher than it was 10 years ago, according to a new report released by executive...
*S&P 500 directors' average compensation above $300,000 in 2018. BOSTON, Nov 8- It's nice work if you can get it. The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher than it was 10 years ago, according to a new report released by executive...
Oct 9- Biotechnology start-up Ginkgo Bioworks said on Wednesday that it had raised a $350 million fund to more easily invest in spinout ventures that use its bio-engineering technology in a variety of industries that are just starting to use cutting edge biology. Dubbed the Ferment Fund, the investment vehicle will invest in two to three companies a year,...