As Tesla Inc. discusses potential ramifications for Chief Executive Elon Musk’s actions with the Securities and Exchange Commission, it disclosed a dramatic change to its board of directors late on Good Friday. In a proxy filing with the SEC, Tesla TSLA, +0.75%  said that four independent directors will step down.Read More →

© Reuters. Starboard drops Dollar Tree board challenge (Reuters) – Activist investor Starboard Value LP said on Friday it was withdrawing its nominations for directors at Dollar Tree (NASDAQ:) Inc’s board, saying that it was pleased with the company’s decision to test multiple price points at its stores. Starboard inRead More →

© Reuters. China publishes final rules for new tech board SHANGHAI (Reuters) – China has finalised regulations for a Nasdaq-style innovation board that promises to smooth the way for Chinese technology IPOs and, if successful, could raise Shanghai’s profile as a capital-raising competitor to Hong Kong and New York. TheRead More →

© Reuters. BlueMountain names slate for PG&E board By Svea Herbst-Bayliss NEW YORK (Reuters) – PG&E Corp investor BlueMountain Capital Management LLC on Friday named 13 people it hopes to install as directors at the embattled power utility weeks after the company filed for bankruptcy in the wake of California’sRead More →

The U.S. dollar strengthened against most of its major rivals Monday, shaking off last week’s weakness that followed the Federal Reserve’s dovish about-face. The ICE U.S. Dollar Index DXY, +0.26% which measures the greenback against six major rivals, was 0.3% higher at 95.853. Last week, the index dropped 0.2% inRead More →