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Incoming CEO Ted Pick and his top two lieutenants will receive equal packages worth roughly $20mn at time of grant
Figure underlines how Big Tech company has splashed out to make its engine a go-to for many users
US company competes with the likes of Norway’s Stokke and Amsterdam-based Bugaboo
Executives are worried about more disruption next year unless staffing issues in the control tower are resolved
Former billionaire denies intending to defraud customers in testimony to the jury at trial
French pharma group announces consumer unit split and increased R&D investment
Risks to privacy and mandatory data collection on religion flagged as concerns
Toyota appears close to a manufacturing breakthrough that could accelerate the transition to electric vehicles. But will the technology ever be commercially viable?
Upheaval has left trophy purchase of social network seriously impaired
Foxconn founder Terry Gou tests his long relationship with Beijing as geopolitics reshapes supply chains
UAW’s tentative deal with Ford is latest to reflect revived power at the negotiating table
Alberto Nagel secures new term as shareholders back directors proposed by outgoing board
Consumer appetite for battery-powered cars and trucks has fallen short of industry expectations
Business coalition asks UK chancellor to raise support for ‘productivity enhancing’ investments
Also in this newsletter: US inflation measure hits two-year low, bad day for NatWest, science round-up
Higher insurance prices make EVs less attractive to consumers
Credit scores in America are capricious and unfairly limit access to banking
Fear of ageing is nothing new. But it’s happening younger and younger
Rising rates are draining money away from an investment that comes with worries about rising debt costs and empty offices
Shares suffer biggest fall since Brexit vote as bank reduces guidance on margins
Market’s dim view of sector’s growth prospects may be overdone
Sadiq Khan rejects prime minister’s suggestion that private sector will pay for 4.5-mile stretch of high-speed rail project
Share price has fallen by 20 per cent since March
Broadcaster says former PM will join in new year and play key role in its election coverage
A summit next week is a chance to boost co-operation in controlling the cutting-edge technology
Global political leaders and tech executives will gather in UK next week to discuss risks of new technology
Plus, Siemens Energy, Chevron, Amex, Meta, Microsoft, Foxconn
Shares fall for large US active fund group despite sharp rise in quarterly profit
Banker salaries that were doubled to get round the measure could become baked-in
Walkout by inspectors of meat and other foods will pose first test of post-Brexit Windsor framework deal
Customers moved funds from zero interest rate current accounts into higher yielding term deposits faster than expected
Norwegian energy group says Europe’s supplies ‘in a much better place’ than last year
Founder backs Rithm Capital buyout plan valuing company at $720mn
Quarterly profits at oil group and rival Chevron miss Wall Street expectations
This is not your mother’s EFFR
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