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Tesla asks shareholders to retain Robyn Denholm's position as company chairman
Tesla wanted Robyn Denholm to continue as chairman, discouraging market speculation that CEO Musk would return as chairman after the three-year ban ended. Musk, who has led the electric car manufacturer since 2008, lost his title as chairman in 2018. At the time, the US Securities and Exchange Commission charged that his attempt to privatize Tesla was misleading consumers, and later reached a settlement agreement with him. According to the settlement agreement announced in September 2018, Musk must step down as chairman and be replaced by an independent chairman for a period of three years. This led to a few
Amazon plans to spend 120 billion US dollars to buy “Made in America” up 20% from last year
Amazon said on Thursday it plans to increase its spending on US suppliers by 20% this year to support US SMEs at a time when the Delta variant virus may bring more uncertainty. The company said it plans to purchase products and services worth more than 120 billion US dollars from more than 200,000 US companies this year. Most of these suppliers are small and medium-sized enterprises. This 20% increase in spending did not include companies selling products on the Amazon website, but rather companies that provided the goods and services needed to operate Amazon. Citing a report from Keystone Economics, Amazon stated,
Bank of America: the US economy in 2021 is most similar to the period of hyperinflation
Michael Hartnett (Michael Hartnett), chief investment strategist at Bank of America, points out that if you try to find a historical stage similar to the current unprecedented period in the capital markets, the bulls can refer to 2017-2018, when the United States faced strong economic growth, but the Fed hesitated. Bears think it was between 2007 and 2008, when a series of deleveraging events ended in reckless speculation that led to the collapse of the market. Hartnett, on the other hand, believes that the present is most similar to the period of 1967-69, during which the United States had a huge budget.
Cook: Apple spends tens of billions of dollars on research and development, and it's right to charge a 30% commission.
Original title: Cook: Apple has invested tens of billions of dollars in research and development, and a 30% commission is the source: PingWest Game, May 22, Friday, local time, Apple CEO Tim Cook testified in the Epic Games v. Apple monopoly case for the first time. Mr Cook said, Epic Games's move last year to bypass the 30 per cent commission Apple charged on its popular video game Fortnite was "malicious" and Apple removed the app directly. In addition, Cook pointed out when questioned by Apple's lawyer that Apple is studying
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