Entries by sustainablefuture

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House Commerce Committee delays net neutrality hearing – The Hill

The Hill House Commerce Committee delays net neutrality hearingThe HillThe House Energy and Commerce Committee will delay its hearing on net neutrality that was scheduled for Sept. 7, two sources with knowledge of the matter confirmed to The Hill on Wednesday. Republicans in the committee had intended to use the hearing …Republicans postpone net neutrality hearingAxiosThis […]

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Freeport to Give Up Majority Stake in Grasberg Mine Under Deal With Indonesia – Fox Business

Indonesia Investments Freeport to Give Up Majority Stake in Grasberg Mine Under Deal With IndonesiaFox BusinessJAKARTA, Indonesia–U.S.-based mining company Freeport-McMoRan Inc. (FCX) said it will give up its majority stake in the giant Grasberg copper and gold mine to end a long-running dispute with Indonesia, cutting its ownership to 49% from 90.64%.Freeport agrees to sell […]

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Apple’s Tim Cook gets $89 million stock payout – CNNMoney

CNNMoney Apple's Tim Cook gets $89 million stock payoutCNNMoneyThe iPhone maker's CEO received company stock worth $89 million last week after hitting a key performance target, according to a regulatory filing Monday. The payout is part of the huge welcome package that Apple (AAPL, Tech30) gave Cook after he …Apple's Cook collects nearly $90.5M in vested […]

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Here’s why Gilead broke its dealmaking hiatus and splurged $12 billion on a cancer treatment – Business Insider

Business Insider Here's why Gilead broke its dealmaking hiatus and splurged $12 billion on a cancer treatmentBusiness InsiderCancer cells Promising trial data convinced Gilead that Kite had an edge over competitors. jovan vitanovski/Shutterstock. Gilead Sciences bought cancer-immunotherapy company Kite Pharma for $11.9 billion Monday. The acquisition breaks a years-long …Wall Street closes little changed as Harvey […]