Tesla asks shareholders to back $56bn pay for Elon Musk rejected by judge
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Elon Musk’s Tesla pay package assailed by shareholder group
New York City’s investment chief and other key investors are urging Tesla Inc. shareholders to vote against Chief Executive Elon Musk’s $56 billion pay package and the reelection of board directors Kimbal Musk and James Murdoch.MarketWatch - Business - Tesla -
Group of Tesla shareholders ask investors to vote against Musk's compensation package
They say it’s not in the electric vehicle maker’s best interest.ABC News - Top stories - Tesla -
Tesla Shareholder Group Calls for Vote Against Musk Pay Package
The letter calls for shareholders to reject the re-election of two directors, Kimbal Musk and James Murdoch.The Wall Street Journal - World - Tesla -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - World - Tesla -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - Business - Tesla -
A Legal Scholar Critiqued Elon Musk's Pay. Now He's Out of a Job.
Tesla threatened to fire a law firm over Charles Elson’s objections to the CEO’s proposed pay package, an email suggests.The Wall Street Journal - Business -
Tesla’s chair on Elon Musk: ‘I might wake up to a tweet. I don’t wake up to a strategy shift’
Robyn Denholm rejects criticisms of carmaker’s governance ahead of landmark votes on Musk’s pay and Texas moveFinancial Times - Business -
Elon Musk confirms Twitter's transformation is complete. It's now X.com.
Twitter has fully migrated over to X.com, owner Elon Musk says. Although the logo and branding had already changed to "X," the domain name was still Twitter.com.CBS News - Top stories - Elon Musk -
How a smear campaign against NPR led Elon Musk to feud with Signal
Rightwing media personalities on X transmuted a screed against NPR’s CEO into a fight over encryption via the Transitive Property of Bad People. For nearly two weeks, an esoteric debate has raged on X, formerly Twitter: could users concerned about ...The Guardian - World - Elon Musk -
Elon Musk debuts Starlink satellite internet service in Indonesia
Elon Musk traveled to Bali this weekend to officially launch Starlink, the SpaceX satellite internet service, in Indonesia this Sunday. At a launch event with ministers in a health clinic in Indonesia, Musk stressed the significance of providing ...The Hill - Politics - Elon Musk -
Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk
Indonesia’s top investment official says the government has proposed building an electric vehicle battery plant to Tesla CEO Elon MuskABC News - Tech - Elon Musk -
Elon Musk's Neuralink Gets FDA Green Light for Second Patient
The brain-chip startup has proposed solutions for a thread pullout problem experienced by its first participant, Noland Arbaugh.The Wall Street Journal - Tech - Elon Musk -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
Musk Effect Drives Spread of Supersize CEO Pay Packages
Elon Musk didn’t just upend the global auto business and space missions. The billionaire is also reshaping the landscape of executive pay.The Wall Street Journal - World - Elon Musk -
Elon Musk launches Starlink satellite internet service in Indonesia, world's largest archipelago
The billionaire arrived by private jet on the idyllic “island of the gods.”ABC News - Tech - Elon Musk -
Senators ask for Formula 1 investigation over Andretti Global rejection
A bipartisan group of senators has written to the Biden administration asking the Justice Department and the Federal Trade Commission to investigate Formula 1 over a possible violation of American antitrust law. Formula 1, commonly known as F1, in ...The Hill - Politics -
Top Anglo shareholder backs break-up plan as clock ticks for BHP
Legal & General says it is confident Anglo’s management can deliver as miner fends off interest from larger rivalFinancial Times - Business -
UN Security Council rejects Russia-backed resolution on banning weapons in space
The United States says that Russia last week launched a satellite that could be part of weaponizing spaceABC News - Tech - Russia -
Are consumers pulling back on spending? It depends which CEO you ask
With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers.NBC News - Top stories -
Are consumers pulling back on spending? It depends on which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.CNBC - Business -
London judge rejects Prince Harry's bid to add allegations against Rupert Murdoch in tabloid lawsuit
A London judge says Prince Harry can't expand his privacy lawsuit against The Sun tabloid's publisher to include allegations that Rupert Murdoch and some other executives were part of an effort to conceal and destroy evidence of unlawful ...ABC News - Entertainment -
London judge rejects Prince Harry's bid to add allegations against Rupert Murdoch in tabloid lawsuit
A London judge says Prince Harry can't expand his privacy lawsuit against The Sun tabloid's publisher to include allegations that Rupert Murdoch and some other executives were part of an effort to conceal and destroy evidence of unlawful ...ABC News - Top stories -
Judge in Trump trial weighs jury instructions after defense rests
Former President Donald Trump's defense rested its case at his "hush money" trial, signaling the start of the final chapter of proceedings before the jury begins deliberations.CBS News - Top stories - Donald Trump -
Defense rests in hush money trial without calling Trump to the stand
Robert Costello, who clashed with Judge Juan Merchan when he testified yesterday, could be the last witness in the trial.NBC News - Top stories - Donald Trump -
IRS whistleblowers ask judge to toss Hunter Biden lawsuit against the tax agency
IRS whistleblowers Gary Shapley and Joseph Ziegler are also asking to intervene in the case, arguing the IRS has a conflict of interest in the matter.CBS News - Top stories - Joe Biden -
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.The Wall Street Journal - World -
Judge and Stanton homer to back effective Cortes as streaking Yankees top White Sox 4-2
NEW YORK (AP) — Aaron Judge and Giancarlo Stanton homered, Nestor Cortes won for the first time in 5 1/2 weeks and the New York Yankees beat the Chicago White Sox 4-2 on Friday night for their fifth straight victory. Alex Verdugo and Stanton hit ...Yahoo Sports - Sports - MLB -
Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business -
Tesla’s Controversial Factory Expansion Is Approved
After anti-Tesla activists clashed with police in Germany last week, local councillors today backed Elon Musk’s plan to make Tesla’s only European Gigafactory even bigger.Wired - Tech -
Musk's X Completes Rebranding Away From Twitter
The social-media platform’s URL is now X.com, about a year and a half after Elon Musk completed his $44 billion acquisition of Twitter.The Wall Street Journal - World - Elon Musk -
Musk's X Completes Rebranding Away From Twitter
The social-media platform’s URL is now X.com, about a year and a half after Elon Musk completed his $44 billion acquisition of Twitter.The Wall Street Journal - Tech - Elon Musk -
Musk's X Completes Rebranding Away From Twitter
The social-media platform’s URL is now X.com, about a year and a half after Elon Musk completed his $44 billion acquisition of Twitter.The Wall Street Journal - Tech - Elon Musk -
Who pays for long-term care?
People are confused and overestimate Medicare’s role in paying for long-term careMarketWatch - Business -
Supreme Court Rejects Challenge to CFPB Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.The New York Times - Top stories -
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Ofcom rejects OnlyFans complaint about BBC report
A complaint about a report which highlighted claims that illegal images had originated on OnlyFans has been dismissed.BBC News - Top stories -
Biden rejects allegations of genocide against Israel in Gaza
President Biden said what is happening in Gaza is not genocide and reiterated his support for Israel as he hosted a White House celebration for Jewish American Heritage month Monday. Biden addressed dozens of guests gathered in the Rose Garden, ...The Hill - Politics - Joe Biden -
Tencent's Top Shareholder Taps New Chief in AI Ramp-Up
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - World