Donald Trump’s conviction on falsifying business records led to an immediate reaction from his stable of friendly billionaires.
Donald Trump has taken a $357m (£280m) hit as shares in his social media company dropped after the former president was found guilty of fraud.
A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge. ISS late Thursday joined Glass Lewis in recommending against the package, recently valued by the company at $44.9 billion but in January had a value of about $56 billion. Shareholders of the electric vehicle and solar panel company are voting on the package, with the results to be tabulated at Tesla's June 13 annual meeting.