Jefferies CEO Sells $65 Million of Shares to Fund Yacht Purchase
Jefferies Financial Group Inc. Chief Executive Officer Rich Handler sold $65 million of shares in his investment bank partly to buy a present for himself — a yacht.
Jefferies Financial Group Inc. Chief Executive Officer Rich Handler sold $65 million of shares in his investment bank partly to buy a present for himself — a yacht.
Prime Minister Pedro Sanchez announced that he may resign over right-wing attacks against him and his wife, a move that would push Spain into unchartered political territory and raise the possibility of a new general election.
Demand for Treasuries is holding up as the US government floods the market with more than $180 billion of new debt this week, a testament to the appeal of high yields for shorter-term notes.
Meta Platforms Inc. increased its spending estimates for the year and projected second quarter sales that were below Wall Street’s expectations, once again raising questions about whether its futuristic technological bets will eventually pay off for investors.
Chipotle Mexican Grill Inc. lifted its full-year outlook as limited-time offers such as chicken al pastor helped boost demand.
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