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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 - 1d -
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 - 1d -
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 - 18h -
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. - 16h -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - 9h -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 23h -
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 - 21h -
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 - 18h -
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 - 22h -
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 - 21h -
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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 - 1d -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - 1d -
Stalking victims to get right to know abuser's identity
Jess Phillips, who herself was stalked, says victims will get "peace of mind" under the government's plans.BBC News - 20h -
This Giving Tuesday, Workplace Giving Could Be Getting a Boost
Celebrated the Tuesday after Thanksgiving, Giving Tuesday offers companies a chance to give back. Here’s a look at the state of workplace giving in 2024.Inc. - 14h -
Chewy Promo Code: Get a $20 eGift Card
Explore Chewy deals, like $20 off and free shipping, and shop smarter today with WIRED.Wired - 2h -
Groupon Promo Code: Get 20% Off This December
Sign up to receive emails from Groupon and receive a 15% discount that can be used on future purchases.Wired - 2h -
Broncos get a big win and we all get the full Jameis Winston experience in Denver
It's always exciting with the Browns QB, who threw for four touchdowns and nearly 500 yards but also delivered a pair of pick sixes to Denver's defense.Yahoo Sports - 1d -
Zack Snyder Thinks Hollywood Needs to Get on Board With AI or Get Left Behind
Zack Snyder says he still questions “the why” of the technology when it comes to some aspects of filmmaking, but can definitely see the perks.Wired - 12h -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 22h -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - 15h -
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 - 19h -
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 - 15h -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - 1d -
Graphics Upscaler For Nintendo Switch And Retro Games Gets Rare Discount At Amazon
mClassic Graphics Upscaler for Switch and Retro Games $85 (was ...GameSpot - 1d -
Hunter Biden pardon gets mixed reactions on Capitol Hill
Lawmakers on Capitol Hill are reacting to news of Hunter Biden's pardon and President-elect Donald Trump's plan to make Kash Patel the FBI director. CBS News' Nikole Killion reports.CBS News - 1d -
Woman gets 25 years for DUI crash that killed bride on wedding night
A South Carolina woman who admitted to driving drunk and speeding was sentenced to 25 years in prison after pleading guilty in the death of a bride on her wedding night. Skyler Henry has details.CBS News - 1d -
Singapore gets tough on commodity trading practices after series of scandals
Long jail sentence for 82-year-old former oil trader is sign of ‘zero tolerance’ for fraudFinancial Times - 1d -
Earn $800,000? You Might Get Financial Aid at an Elite N.Y.C. School.
The average tuition of $65,000 a year at private schools has separated New York’s truly rich, who can afford to pay full tuition, from its merely wealthy.The New York Times - 16h -
'I get £770 a month - what's in the Scottish Budget affects everything'
BBC News Scotland has been speaking to people about what they want - and what they fear - from the Budget.BBC News - 1d
