Latest in Pay 1.2 Billion
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GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Thailand's starring role in 'The White Lotus' is about to pay off
With Season 3 of the hit HBO show 'The White Lotus' slated for 2025 release, Thailand is gearing up to court luxury travelers and more Hollywood productions.Los Angeles Times - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
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 - Dec. 3 -
Houston player suspended 3 games without pay following violent hit
Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games for repeated violations of player safety rules following his hit to the head of Jacksonville’s Trevor Lawrence, which ...ABC News - Dec. 3 -
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 -
England’s chief prosecutor warns lawyers’ pay may be adding to court delays
Head of Crown Prosecution Service Stephen Parkinson calls for reviewFinancial Times - Dec. 3 -
How can I avoid paying interest on my credit card?
Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.CBS News - Dec. 3 -
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Thames Water creditors veto use of £3bn loan to pay fines
Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisationFinancial Times - Dec. 3 -
Judge reaffirms ruling invalidating massive Tesla pay package for Musk
A Delaware judge on Monday again blocked Elon Musk’s multibillion-dollar pay package from Tesla. The controversial compensation agreement, which is now worth more than $100 billion, was reapproved ...The Hill - 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 -
Trump appears to threaten Hamas with 'all hell to pay' over hostages
The US president-elect vows a response if captives in Gaza are not released by the time he returns to the White House.BBC News - 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 -
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 -
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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 -
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 -
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 -
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 $1.3 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 -
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 -
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 -
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 -
Business school teaching case study: Can transparency improve pay equality?
UK employers must report gender disparity in wages but critics say the obligation provides little accountabilityFinancial Times - 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 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
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 -
Trump warns of ‘hell to pay’ if Israeli hostages not released by January
US president-elect’s comments come as Gaza ceasefire talks fail to make progressFinancial Times - Dec. 2 -
Trump Says There Will Be ‘Hell to Pay’ Unless Hostages in Gaza Are Released
President-elect Donald J. Trump said in a social media post on Monday that the hostages must be released before his inauguration in January.The New York Times - Dec. 2 -
Trump warns of 'hell to pay' if Hamas doesn't release hostages
President-elect Trump on Monday threatened to unleash “hell” in the Middle East if hostages held by Hamas in the Gaza Strip are not released before his inauguration Jan. 20, underscoring urgency to ...The Hill - 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
