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What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
Space Startups Get Government Contracts as SpaceX Explores Share Sale Valued at $350 Billion
The commercial space industry has had a rocket lit under it recently, as the government changes how it awards contracts, looking closely at new innovators.Inc. - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
Talent agency Gersh acquires sports representation firm You First in major expansion
Beverly Hills talent agency Gersh will acquire Madrid-based sports representation firm You First, marking an entry into the business of working with athletes.Los Angeles Times - Dec. 3 -
Vietnam court may commute tycoon's death sentences if she repays $11 billion
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billionABC News - Dec. 3 -
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What to know about Travel Tuesday deals
In another round of post-Thanksgiving deals, an airfare tracking site says there's an opportunity to save on your next trip. According to Hopper, last year there were nearly twice as many travel ...CBS News - Dec. 3 -
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"It's Christmas": Chef urged thieves to donate $32K worth of stolen pies
A Michelin-starred chef called on the thieves who stole his van, along with 2,500 meat pies inside it, to embrace the holiday spirit.CBS News - Dec. 3 -
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
13 Best Travel Tuesday Deals (2024)
Welcome to Travel Tuesday. We’ve got deals on suitcases, bags, and noise-canceling headphones ahead of your next flight.Wired - Dec. 3 -
Michelin-starred chef makes Christmas plea to thieves who stole $30K worth of pies
Michelin-starred chef Tommy Banks has appealed to thieves who stole his van containing $30,000 worth of pies to do something nice for Christmas.NBC News - Dec. 3 -
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Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
5 Daily Habits to Eliminate Digital Clutter and Make You Super Focused
Great tips to keep you from wasting time and help you be more productive.Inc. - Dec. 3 -
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.The New York Times - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Zelensky Signals He's Open to Negotiating a Peace Deal
In a shift, the Ukrainian president indicates he would accept a cease-fire with Russia if his country obtains NATO membership.The Wall Street Journal - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - Dec. 3 -
54 Best Cyber Monday Tech Deals (2024)
All cords lead to WIRED. Come gather to find the best Cyber Monday tech deals before they're gone.Wired - Dec. 2 -
Judge rejects Elon Musk request to reinstate his $56 billion pay package
Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.CBS News - Dec. 2 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2 -
35 Best Cyber Monday Headphone Deals (2024)
Looking for a new pair of earbuds or over-ears? Some of our favorite models are on sale right now.Wired - Dec. 2 -
Michelin-starred chef pleads with thieves to return £25,000 worth of stolen pies
Tommy Banks urges those who stole van packed with 2,500 pies to ‘do the right thing’ so food can go to people in need. A Michelin-starred chef has appealed to thieves who stole his van which had ...The Guardian - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Are Airline Loyalty Programs Worth It?
Some travelers, frustrated with changing airline rewards programs, have stopped chasing status and adopted different strategies when booking flights and using credit cards.The New York Times - Dec. 2 -
Lego Zen Garden Is Discounted In Cyber Monday Deal
Zen gardens are one of the coolest and most tranquil forms of art that you can nurture, but they can be expensive. Fortunately, this Lego replica will save you time, space, and money, as it's on ...GameSpot - Dec. 2 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2