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    1. Facebook Spent Over $23 Million on Security and Private Jets for Mark Zuckerberg in 2019

      Facebook Spent Over $23 Million on Security and Private Jets for Mark Zuckerberg in 2019

      It takes a lot of cash to keep Mark Zuckerberg safe. Facebook filed its executive compensation for 2019 to the SEC on Friday, revealing how much it spent on personal security for its top execs last year. CEO Mark Zuckerberg does not draw a salary from Facebook, but the company did spend $23.4 million protecting him last year. Included in this figure was a pre-tax allowance of $10 million for Zuckerberg’s family, plus $2.9 million in costs for his use of private jets...

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    2. The Trillion-Dollar Reason Why Wall Street Should Take Gender Diversity More Seriously

      The Trillion-Dollar Reason Why Wall Street Should Take Gender Diversity More Seriously

      There are plenty of reasons why companies and investors should take gender diversity seriously. But if a quantitative reason based on stock-market returns is needed, Morgan Stanley has it. Strategists at the bank recently updated their study on 1,600 public companies around the world and found that the shares of public companies that are more gender diverse experience less volatility and outperform those that aren’t...

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    3. Meet the Bankers Working on Elon Musk’s Contentious $2.6 Billion Takeover

      Meet the Bankers Working on Elon Musk’s Contentious $2.6 Billion Takeover

      Tesla is buying the solar-panel company SolarCity for $2.6 billion , and two banks are on the deal. The boutique firm Evercore was Tesla’s sole financial advisor, while Lazard was the sole advisor to SolarCity. Evercore’s team included its founder and executive chairman, Roger Altman, as well as Stuart Francis, Courtney McBean, Preston Comey, Patricia Shaw, Anand Sankaralingam, Connor Landy, Marshall Watkins and Jessica Yi. Over at Lazard, George Bilicic and Jonathan Mir led the firm’s efforts...

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    1-6 of 6
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