01:07 PM EST, 11/07/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 1.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.8%. In corporate news, Tesla (TSLA) shareholders voted in favor of Elon Musk's $1 trillion pay package, media outlets reported late Thursday. The proposal received 75%...

01:07 PM EST, 11/07/2025 (MT Newswires) -- Tesla (TSLA) shares were falling Friday, a day after shareholders approved Chief Executive Elon Musk's roughly $1 trillion compensation plan, with Wedbush Securities saying the company needs to pass significant hurdles to unlock the pay package. More than 75% of the electric vehicle maker's shareholders voted in favor of the proposed compensation package...

(Reuters) -Disney ( DIS ) said on Friday it is continuing talks with Google's YouTube TV to restore ABC and ESPN ( DIS ) after its networks went dark on the pay-TV service. On Monday, YouTube TV proposed restoring ABC and ESPN ( DIS ), in response to Disney's ( DIS ) request to bring back ABC to the pay-TV...

NEW YORK (Reuters) -KKR executives signaled optimism for investment returns and dealmaking on Friday and sought to allay concerns about slower private equity fundraising, deal volume and credit defaults saying there was no reason for alarm. KKR Chief Financial Officer Rob Lewin described the environment for monetizations, meaning selling or refinancing assets in its portfolio as constructive and said the...