Latest in Musk's Cost Cutting
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Delaware Judge Upholds Ruling That Denied Musk Massive Tesla Pay Package
Chancellor Kathaleen St. Jude McCormick cited ‘multiple, material misstatements’ in a company proxy statement as she reaffirmed earlier rulings scrapping the CEO’s $56 billion compensation award.Inc. - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Nomura CEO to take pay cut after ex-staffer charged with attempted murder
Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited ...MarketWatch - Dec. 3 -
Will Elon Musk Ever Collect His Full Tesla Pay Package?
The electric vehicle maker vowed to appeal after a Delaware judge rejected the tech mogul’s massive compensation deal for a second time.The New York Times - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - 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 -
Musk's record $56bn pay deal rejected for second time
The judge upheld her previous decision, saying board members who set the pay were too heavily influenced by Mr Musk.BBC News - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
Musk's Multibillion-Dollar Pay Package Is Rejected Again by Judge
Tesla’s board had argued that a shareholder vote earlier this year addressed the court’s previous criticisms.The Wall Street Journal - Dec. 2 -
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 -
Tesla loses bid to restore Musk’s record $56bn pay package
Delaware judge rejects shareholders’ overwhelming reapproval of award for chief of electric-car makerFinancial Times - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
Elon Musk’s $56bn Tesla pay package rejected again by US judge
Kathaleen McCormick in Delaware rules Musk not entitled to vast sum despite Tesla shareholders voting to reinstate it. A judge ruled on Monday that Tesla chief executive Elon Musk is still not ...The Guardian - 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 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package
A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay packageABC News - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Scottie Pippen Mocked for Post About Elon Musk on the Bulls
Scottie Pippen, a basketball star turned crypto fanatic, posted about how many championships Chicago would have won with Mr. Musk. The answers weren’t kind.The New York Times - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Feeding grazing cows seaweed could cut their methane emissions by nearly 40 percent: Study
Supplementing the diets of grazing beef cows with seaweed in pellet form could cut their methane emissions by almost 40 percent, a new study has found. The seaweed pellets led to this plunge in ...The Hill - Dec. 2 -