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Google CEO Pichai receives stock grant worth about $199 million

February 9, 2016 by · Leave a Comment 

(Reuters) – Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc . Pichai, who took over in August, received a grant for 273,328 Class C Google stock units on Feb. 3. The valuation is based on the stock's closing price on that date. On the same day, Pichai sold 375 Class A common shares at a price of $786.28 each, and 3,625 Class C capital stock at a price of $768.84 each, the filing said. (http://1.usa.gov/1PhAHCI). …

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Google CEO Pichai receives stock grant worth about $199 million

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Corporate winners of Obama budget still face long odds

February 9, 2016 by · Leave a Comment 

By Lewis Krauskopf NEW YORK (Reuters) – Facing a hostile Congress in an election year, President Barack Obama will be hard-pressed to push through many of the proposals in his final budget as U.S…

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Corporate winners of Obama budget still face long odds

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Insight: Electric vehicle sales fall far short of Obama goal

January 20, 2016 by · Leave a Comment 

By David Shepardson and Bernie Woodall DETROIT (Reuters) – Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015. The Chevy Bolt promises a breakthrough on both fronts, with a 200-mile range and a price starting at about $30,000 – after government incentives.

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Insight: Electric vehicle sales fall far short of Obama goal

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Obama rejects Keystone XL pipeline in win for greens

November 7, 2015 by · Leave a Comment 

U.S. President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who campaigned against the project for more than seven years. “The pipeline would not make a meaningful long-term contribution to our economy,” Obama told a press conference. The denial of TransCanada Corp's more than 800,000 barrels per day project will make it more difficult for producers to develop the province

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Obama rejects Keystone XL pipeline in win for greens

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