In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice. Ms. Denholm has made $198 million in the past six months selling Tesla stock that she earned for serving …
Corporate America is stumbling in the dark, and so are investors. Ford and General Motors executives say they can’t estimate what lies ahead. There’s too much fog even to hazard a guess, so both companies have suspended earnings guidance — signals about future sales and profits — leaving investors to …
Warren E. Buffett has been at the forefront of American capitalism for decades as the chief executive of Berkshire Hathaway, the conglomerate he built into a $1.1 trillion colossus. By the end of the year, he is preparing to give up that role. Mr. Buffett said at Berkshire’s annual shareholder …
A couple of weeks after the presidential election, Joe Davy, chief executive of the marketing firm Banzai, sent an email to the company’s board of directors: He wanted Banzai to start buying Bitcoin. On the face of it, a plunge into the freewheeling world of cryptocurrencies was a strange move …