Salesforce CEO Marc Benioff had a remarkably eventful 2018, buying Time, taking on Facebook and backing a measure to support the homeless.
*Another choppy session to end wild trading week. Dec 28- The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains for the first time in December following a wild few days of trading that saw equities rebound from a prolonged slide. Its just maybe nervousness... with another short week coming up, "said Bucky Hellwig, senior...
CNBC's "Closing Bell" team is joined by Jeff Sonnenfeld, CNBC contributor from Yale School of Management, to talk about Tesla's new names to the board. The carmaker named Larry Ellison and Kathleen Wilson-Thompson to board after a SEC settlement.
*Wall St set to snap three straight weeks of losses. The week started off with Wall Street's worst-ever Christmas Eve drop, pushing the S&P 500 to within a whisker of bear market territory. The primary driver of todays action continues to be this idea that markets were oversold, said Michael Arone, chief investment strategist at State Street Global Advisors in...
Dec 28- Tesla Inc on Friday named Oracle Corp co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon Musk, to its board to the provide independent oversight demanded by U.S. regulators after Musk tweeted about taking the electric carmaker private. Under a court-approved agreement with the U.S. Securities and Exchange...
Dec 28- Tesla Inc on Friday named two independent board directors, including Oracle Corp co-founder Larry Ellison, to fulfill a September deal that resolved federal charges that arose from Chief Executive Elon Musk's tweet about taking the electric carmaker private. Tesla said Ellison and Walgreens Boots Alliance's global head of human resources, Kathleen...
Dec 28- Tesla Inc on Friday named two independent board directors as part of a September deal with federal regulators to move past the turbulence that followed Chief Executive Elon Musk's tweet about taking the electric carmaker private. The company said Oracle Corp co-founder Larry Ellison and Walgreens Boots Alliance's global head of human resources,...
'Squawk on the Street' reports on Tesla naming Larry Ellison and Kathleen Wilson-Thompson as new board members following its settlement with the SEC.