Adobe lifts profit forecast on tax reform boost | | (Reuters) - Photoshop maker Adobe Systems Inc on Monday lifted its adjusted profit forecast for the current quarter and the full year, saying it expects its effective tax rate to decline "substantially" due to the recently enacted U.S. tax reforms. |
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Musk may get no salary unless Tesla hits milestones | | (Reuters) - Silicon valley billionaire Elon Musk will get no salary or cash bonuses from Tesla Inc and all his compensation as Chief Executive of the electric car maker will be tied to stock and operational milestones, the company said on Tuesday. |
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SEC is scrutinizing overnight blockchain companies: chairman | | WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) is scrutinizing public companies that change their name or business model in a bid to capitalize upon the hype surrounding blockchain technology, SEC Chairman Jay Clayton said on Monday. |
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Montana governor takes stand for state to honor 'net neutrality' | | WASHINGTON (Reuters) - Montana will sign contracts only with internet service providers that honor "net neutrality" firms, Governor Steve Bullock said on Monday, the latest effort by a state to undermine a Federal Communications Commission order rolling back rules introduced in 2015. |
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