JPMorgan Shareholders Reject Jamie Dimon's $50 Million Bonus 
 

Only 31% of shareholders voted in favor of the bank's compensation plan, but the vote isn't binding.

 
Cerebral Board Members Agree to Replace CEO Amid Federal Probe Into Prescription Practices 
 

Directors who controlled the board plan to install the mental-health startup's chief medical officer in place of co-founder Kyle Robertson.

 
Apple Pauses Plans for Three Days a Week in the Office 
 

The iPhone maker had been gradually increasing the number of days in the office as it rolled out its hybrid work plans.

 
Netflix Cuts About 150 Staffers in Another Round of Layoffs 
 

Layoffs make up about 2% of its workforce as Netflix grapples with slowing revenue growth.

 
U.S. Allows Chevron to Maintain Venezuela Operations but Won't Permit Drilling 
 

A license extension, which allows the oil company to negotiate future business, seeks to encourage talks between the Maduro government and the opposition.

 
Coinbase to Slow Hiring Spree as Users Drop Off 
 

The crypto exchange's stock price has fallen 74% so far this year.

 
Mother Sues TikTok, Saying Daughter Died From 'Blackout Challenge' 
 

The lawsuit, which was filed last week, alleges that TikTok knew about the challenge and didn't stop its spread.

 
China Eastern Black Box Points to Intentional Nosedive 
 

Flight data suggests that someone in the cockpit of the Boeing 737-800 that crashed in March put the aircraft into a near-vertical descent, according to a preliminary U.S. assessment.

 
Conditions for Higher Airfares Could Persist for Years, Frontier Airlines Chief Says 
 

Frontier Group CEO Barry Biffle says the forces pushing plane ticket prices higher have no quick fix.

 
Pro Take: Carvana's Financing Woes Point to End of Debt Nirvana 
 

Borrowers that until recently were able to raise capital easily are having trouble persuading investors to lend them money.

 
 

(END) Dow Jones Newswires

May 17, 2022 23:15 ET (03:15 GMT)

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