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Squawk Pod: Fed renovations & rebuilding the middle class - 07/25/25 | Audio Only
CNBC Television· 2025-07-25 17:30
Bring in show music, please. Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, him to lower interest rates. Other than that, what can I tell you? The presidential field trip that pitted the White House's numbers against the Fed chair's facts. It was like almost like a sitcom, that little moment. This was a little crazy watching it yesterday. Where does Chairman Jay Powell go from here? a White House adviser who was at this extraordinary meeting at the central bank, OM Director Russell Vote joins us. ...
Rep. Suozzi on increasing worker stock ownership: Need to expand ownership society in our country
CNBC Television· 2025-07-25 12:59
A bipartisan bill is being floated on Capitol Hill that would incentivize companies to distribute at least 5% of their stock to the lowest paid 80% of their employees. Joining us right now is New York Democratic Congressman Ton Swisi. He is one of the co-authors of the Share Plan Act. Good morning to you. Good morning. Ex. It's an interesting concept. It's a provocative idea. Explain how it would work in practice. It's a big idea. And the idea is that if companies with more than 500 employees share 5% of th ...
Rivian CEO RJ Scaringe's voting control slips following divorce settlement
TechCrunch· 2025-07-14 14:52
Core Insights - Rivian's CEO RJ Scaringe has transferred approximately 4 million shares and 6 million options to his ex-wife as part of a divorce settlement, valued at around $130 million at current stock prices [2][3] - Following the transfer, Scaringe's voting power has decreased from 7.6% to about 4%, marking the lowest level since Rivian's IPO in 2021 [3][8] - Rivian is currently focused on redesigning its R1S SUV and R1T truck to reduce manufacturing costs and improve performance, while also preparing for the launch of the R2 SUV in 2026 [4] Ownership Structure - Rivian's ownership structure has evolved since its IPO in 2021, with Ford largely exiting and Volkswagen Group becoming a significant stakeholder, now owning 12.3% of Rivian [5][8] - Amazon remains the largest shareholder with a 14.2% stake, granting it the most voting power among shareholders at 13.3% [8] - Scaringe's ownership stake was 2% prior to the divorce settlement, and he previously held a 7.6% voting power due to Class B shares, which have since been reduced [8][10] Company Developments - Rivian entered a joint venture valued at $5.8 billion with Volkswagen, focusing on software and electrical architecture, with Rivian contributing technology and personnel [7] - The Class B stock transferred in the divorce settlement was converted to Class A stock, limiting the voting power of Scaringe's ex-wife if she retains the shares [10] - Scaringe's overall control remains significant, with around 50 million shares, options, and Restricted Stock Units (RSUs) that could increase his ownership and voting power as they vest [10]
花旗:歌尔股份-宣布新员工持股计划;重申 2025 - 2026 年关键绩效指标不变
花旗· 2025-05-12 03:14
Flash | 08 May 2025 12:20:00 ET │ 12 pages GoerTek (002241.SZ) New ESOP Announced; Restated Same KPI For 2025/26 CITI'S TAKE GoerTek released 2025 ESOP (Draft) on 8th May. We noted that: (1) the 2025/2026 financial performance target is the same with the 2023 ESOP. (2) 2025 revenue target is 41%/35% higher than CitiE/VAe, and NP target is 26%/22% below CitiE/VAe. (3) 2026 revenue target is 59%/46% higher than CitiE/VAe, and NP target is 26%/17% below CitiE/VAe. (4) The exercise price is set to be Rmb22.10, ...
CHARTER INTRODUCES EMPLOYEE STOCK PURCHASE PLAN
Prnewswire· 2025-04-29 14:15
New Plan Latest Addition to Company's Comprehensive Benefits, Including Minimum $20 Starting Wage, Market-Leading Retirement Contributions and Tuition-Free Education STAMFORD, Conn., April 29, 2025 /PRNewswire/ -- Charter Communications (NASDAQ: CHTR) today announced the launch of an Employee Stock Purchase Plan (ESPP), designed to encourage and reward employee tenure and empower its workforce to share in the Company's success. Eligible employees will now have the opportunity to purchase Charter stock throu ...