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Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's ...
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
  • Tesla is planning a major layoff to prepare for the future.

  • Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.

  • Tesla experiences a decline in revenue margin compared to other automakers.

  • The success of Tesla's future depends on the implementation of autonomous driving technology.
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Tesla wants shareholders to reinstate $56 billion Musk pay package tossed by a Delaware judge
pbs.org/newshour/economy/tesla-wants-shareholders-to-reinstate-56-billion-musk-pay-package-tossed-by-a-delaware-judge
Tesla wants shareholders to reinstate $56 billion Musk pay package tossed ...
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
  • Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.

  • The company asserts that implementing the plan is crucial for Tesla's future growth.

  • Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
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Gov. Hochul, husband made nearly $2M in 2023, paid $733,000 in state, federal taxes
newsday.com/news/region-state/kathy-hochul-bill-tax-return-nyfa9vm1
Gov. Hochul, husband made nearly $2M in 2023, paid $733,000 in state ...
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Fare beater on parole for murder busted entering Bronx subway with ghost gun: Jermaine Greene, 42, was trying to slip through an opened exit door into the ...
nydailynews.com/2024/03/29/fare-beater-on-parole-for-murder-busted-entering-bronx-subway-with-ghost-gun/
Fare beater on parole for murder busted entering Bronx subway with ghost ...
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Trump Media (DJT) Plunges After Registering Shares, Warrants for Sale: Donald Trump’s social media startup tumbled on Monday, extending a two-week slump ...
bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale
Trump Media (DJT) Plunges After Registering Shares, Warrants for Sale
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
  • The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.

  • Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.

  • The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.

  • Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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Tesla (TSLA) Asks Shareholders to Re-Ratify Elon Musk’s $56 Billion Payout: Tesla Inc. asked shareholders to vote again on the same $56 billion compensation ...
bloomberg.com/news/articles/2024-04-17/tesla-asks-shareholders-to-re-ratify-musk-s-56-billion-payout
Tesla (TSLA) Asks Shareholders to Re-Ratify Elon Musk’s $56 Billion Payout
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Lawyers in Musk pay case seek fee of $6 billion in Tesla stock: Lawyers asked a judge to award them Tesla stock worth nearly $6 billion as their fee for ...
nbcnews.com/tech/tech-news/lawyers-musk-pay-case-seek-6-billion-tesla-stock-free-rcna141480
Lawyers in Musk pay case seek fee of $6 billion in Tesla stock
Quick Glance: Lawyers Request Tesla Stock Instead of Cash
  • Lawyers who nullified Elon Musk's $56 billion pay package seek payment in Tesla stock.

  • Attorneys for shareholder Richard Tornetta argue they deserve over 29 million Tesla shares.

  • This unusual request aims to link the reward directly to the benefit created and avoid financial strain on Tesla.

  • The preference for stock is to protect Tesla shareholders and not harm the company.
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Explainer: Did Delaware 'lock the doors' to stop companies from leaving, as Musk claims?
reuters.com/business/autos-transportation/did-delaware-lock-doors-stop-companies-leaving-musk-claims-2024-02-14/
Explainer: Did Delaware 'lock the doors' to stop companies from leaving ...
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Elon Musk’s unlikely foe in $56bn pay defeat: US thrash metal drummer: Musician Richard Tornetta, who held just nine shares in Tesla, brought case against the ...
theguardian.com/technology/2024/feb/01/elon-musk-pay-package-lawsuit-drummer-delaware
Elon Musk’s unlikely foe in $56bn pay defeat: US thrash metal drummer
Quick Glance: Elon Musk's $56 Billion Loss in Lawsuit by Heavy Metal Drummer
  • Elon Musk loses $56 billion pay package after lawsuit by heavy metal drummer Richard Tornetta.

  • Tornetta filed the lawsuit in 2018 and won in 2022, voiding Musk's pay package.

  • Prior to Tornetta's case, Musk won other trials, but Tornetta's minimal stake in Tesla enabled his victory.

  • Tornetta's case demonstrates how even investors with small holdings can shape US corporate law.
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Boy Scouts victims can't change 'quick pay' decision, judge rules: Hundreds of former Boy Scouts who say they were abused as children by troop leaders are stuck ...
reuters.com/legal/litigation/boy-scouts-victims-cant-change-quick-pay-decision-judge-rules-2024-02-06/
Boy Scouts victims can't change 'quick pay' decision, judge rules
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JPMorgan Defeats Frank Founder Charlie Javice Bid to Get It to Pay for Her Suit: JPMorgan Chase & Co. defeated for now a bid by Charlie Javice ...
bloomberg.com/news/articles/2024-02-15/javice-fails-to-get-jpmorgan-to-pay-for-her-suit-against-it
JPMorgan Defeats Frank Founder Charlie Javice Bid to Get It to Pay for Her ...
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Musk Says Tesla Will Hold Shareholder Vote ‘Immediately’ To Move Company’s Incorporation To Texas
forbes.com/sites/siladityaray/2024/02/01/musk-says-tesla-will-hold-shareholder-vote-immediately-to-move-companys-incorporation-to-texas/
Musk Says Tesla Will Hold Shareholder Vote ‘Immediately’ To Move Company’s ...
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RFK Jr. Starting New Political Parties In Effort To Expand Ballot Access: RFK Jr. launched the new political parties in six states—California, Delaware, Hawaii ...
forbes.com/sites/mollybohannon/2024/01/16/rfk-jr-starting-new-political-parties-in-effort-to-expand-ballot-access/
RFK Jr. Starting New Political Parties In Effort To Expand Ballot Access
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Athene parent moves out of Bermuda: A leading Bermudian-domiciled retirement services company that issues, reinsures, and acquires retirement savings products ...
royalgazette.com/reinsurance/business/article/20231228/athene-parent-moves-out-of-bermuda/
Athene parent moves out of Bermuda
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Cantor Fitzgerald Defeats Ex-Partners With Noncompete Agreement Ruling: Cantor Fitzgerald LP can deny payments to six former partners under noncompete agreements ...
bloomberg.com/news/articles/2024-01-29/cantor-fitzgerald-gets-noncompete-ruling-thrown-out-in-delaware
Cantor Fitzgerald Defeats Ex-Partners With Noncompete Agreement Ruling
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Hunter Biden lawyer accuses prosecutors of ‘bowing to Republican pressure’: Abbe Lowell says if client’s ‘last name was anything other than Biden ...
theguardian.com/us-news/2023/dec/08/hunter-biden-lawyer-republican-pressure
Hunter Biden lawyer accuses prosecutors of ‘bowing to Republican pressure’
Quick Glance: Hunter Biden Indicted on 9 Tax Offenses
  • Court documents reveal: Hunter Biden indicted on nine tax offenses, including three felony counts.

  • Charges include allegations of failure to pay taxes, failure to file tax returns, evasion of assessments, and submission of fraudulent forms.

  • Indictment claims defendant spent millions on an extravagant lifestyle instead of paying taxes. Charges brought by special counsel David Weiss.

  • White House declined to comment, referred NBC News to Hunter Biden's attorneys and the Justice Department.
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Art fair: Art Basel Miami Beach: Buying collectors boost the mood: The Swiss trade fair Art Basel Miami Beach serves a large and diverse audience ...
handelsblatt.com/arts_und_style/kunstmarkt/kunstmesse-art-basel-miami-beach-kauflustige-sammler-befluegeln-die-stimmung/100002581.html
Art fair: Art Basel Miami Beach: Buying collectors boost the mood
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Hunter Biden decries ‘weaponization’ of his drug addiction: Biden was critical of Republican-led investigations on his business dealings and of his ongoing ...
washingtonpost.com/politics/2023/11/02/hunter-biden-addiction-usa-today-oped/
Hunter Biden decries ‘weaponization’ of his drug addiction
Quick Glance: Hunter Biden condemns 'weaponization' of his drug addiction
  • Hunter Biden discusses his struggle with addiction and the political and legal issues he is facing.

  • He states that he is prouder of his recovery from drug addiction than anything else he has accomplished.

  • Biden laments the use of his addiction as a weapon by partisan and unscrupulous factions.

  • Republicans have intensified their focus on Hunter Biden, searching for compromising details, but have provided no concrete evidence of wrongdoing so far.
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50 Cent rips Biden for Delaware beach trip amid Israel-Hamas war: ‘We got some real s— going on’
foxnews.com/politics/50-cent-rips-biden-delaware-beach-trip-amid-israel-hamas-war
50 Cent rips Biden for Delaware beach trip amid Israel-Hamas war: ‘We got ...
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Boaz Weinstein’s Sculptor Bid at Stake in Dual Court Hearings: Boaz Weinstein isn’t a party in either of the two court hearings Tuesday over the future of ...
bloomberg.com/news/articles/2023-11-14/boaz-weinstein-s-sculptor-bid-at-stake-in-dual-court-hearings
Boaz Weinstein’s Sculptor Bid at Stake in Dual Court Hearings
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Sam Bankman-Fried Trial FTX Bankruptcy: The Biggest Developments: In this issue of the Bloomberg Crypto newsletter, Jonathan Randles checks in on FTX’s ...
bloomberg.com/news/newsletters/2023-10-19/sam-bankman-fried-trial-ftx-bankruptcy-the-biggest-developments
Sam Bankman-Fried Trial FTX Bankruptcy: The Biggest Developments
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9-year-old who vanished from NY state park found safe; no winner of $1B Powerball; 3 scientists win Nobel for physics; and more morning headlines
omaha.com/news/nation-world/missing-new-york-girl-found-powerball-drawing/article_664418d4-3127-5307-a271-67e757f9c981.html
9-year-old who vanished from NY state park found safe; no winner of $1B ...
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Could 'Trump Org II' Be Used to Escape Fraud Ruling? What We Know: New York AG Letitia James accused Trump's company in 2022 of setting up a Delaware-based ...
newsweek.com/trump-organization-fraud-ruling-letitia-james-delaware-1830258
Could 'Trump Org II' Be Used to Escape Fraud Ruling? What We Know
Quick Glance: Donald Trump held accountable for fraud in New York civil case
  • Engoron also ordered the cancellation of certificates that allowed some of Trump's businesses, including the Trump Organization, to operate in New York, and appointed a receiver to manage the businesses' dissolution.

  • The judge described how Trump, his adult sons Donald Jr. and Eric, the Trump Organization, and other defendants fabricated valuations and inflated Trump's net worth to meet their business needs.

  • Christopher Kise, a lawyer representing Trump, stated, 'Today's scandalous decision is completely detached from the facts and the applicable law.'

  • James expressed anticipation in presenting the remaining aspects of her case in court.
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UpHealth Puts Unit in Bankruptcy After Losing SPAC Fee Ruling: A unit of UpHealth Inc. filed for bankruptcy after a judge recently ruled the telemedicine ...
bloomberg.com/news/articles/2023-09-19/uphealth-puts-unit-in-bankruptcy-after-losing-spac-fee-ruling
UpHealth Puts Unit in Bankruptcy After Losing SPAC Fee Ruling
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State to repair Indianapolis streets near North Split. Work begins Monday.: INDOT will close 11th Street downtown for two months, the first of several roads ...
indystar.com/story/news/local/transportation/2023/10/07/indiana-indot-north-split-closure-indianapolis-city-roads-repairs-11th-street-meridian-penn/71098698007/
State to repair Indianapolis streets near North Split. Work begins Monday.
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What to Make of the Hunter Biden Prosecution Debacle: With the collapse of Hunter Biden’s plea deal and the appointment of David Weiss as a special counsel ...
nymag.com/intelligencer/2023/08/what-to-make-of-the-hunter-biden-prosecution-debacle.html
What to Make of the Hunter Biden Prosecution Debacle
Quick Glance: Allegations against Hunter Biden
  • The federal investigation into the president's son had appeared settled.

  • It could now proceed to trial.

  • The laptop belonged to Joe Biden's son.

  • The allegations are broader than the previous federal investigation and pertain to activities spanning the past decade.
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Biden tells Maui survivors he can realte, citing small kitchen fire: President Joe Biden told survivors of the Maui wildfires in Lahaina that he could relate to ...
businessinsider.com/biden-lahaina-maui-wildfires-survivors-gets-it-small-house-fire-2023-8
Biden tells Maui survivors he can realte, citing small kitchen fire
Quick Glance: Massive fire engulfs Tower Hamlets in London; Thick smoke visible from afar
  • A huge fire has broken out in Tower Hamlets, London, with smoke visible from the M25 highway, which is far away from the fire site.

  • Initial reports from social media suggest that the fire started in flats above the business center.

  • Videos taken by shocked commuters on the Elizabeth Line passing through Stratford show thick smoke covering the city's skyline, according to the Daily Mail.

  • Tower Hamlets police have issued a statement through X, urging people to stay away from the area.
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The Memo: Hunter Biden’s headlines create political bind for president: The tale of Hunter Biden took yet another strange turn Wednesday, when a district judge ...
thehill.com/homenews/campaign/4121820-the-memo-hunters-headlines-create-political-bind-for-biden/
The Memo: Hunter Biden’s headlines create political bind for president
Quick Glance: Joe Biden Refuses to Pardon His Son
  • Hunter Biden, son of US President Joe Biden, is facing multiple charges.

  • Hunter Biden appeared in court in Delaware on July 26.

  • According to federal law, a US President has the power to pardon convicted offenders and reduce or mitigate sentences.

  • Biden has already exercised this right in several cases.
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FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried, others: The lawsuit said the defendants continually misappropriated funds to finance luxury ...
globalnews.ca/news/9847130/ftx-sues-sam-bankman-fried-losses/
FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried ...
Quick Glance: FTX sues Bankman-Fried and others for over $1 billion
  • FTX sues founder Sam Bankman-Fried and former executives for over $1 billion

  • Alleged fraudulent transfers between 2020 and 2022 to be undone

  • Bankman-Fried and Wang also misappropriated funds to buy Robinhood shares

  • Ellison used $28.8 million for self-bonuses
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There is no doubt that Jonquel ‘JJ’ Jones and the new-look New York Liberty are on a mission this season. They clinched a playoff spot in the Women’s National ... Show more
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Pfizer Sued By GSK Over Alleged Patent Infringement For Its RSV Vaccine: British drugmaker GlaxoSmithKline is accusing Pfizer of infringing on four of its ...
forbes.com/sites/willskipworth/2023/08/02/pfizer-sued-by-gsk-over-alleged-patent-infringement-for-its-rsv-vaccine/
Pfizer Sued By GSK Over Alleged Patent Infringement For Its RSV Vaccine
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Sarah McBride could be 1st openly trans person in Congress, but her focus is on results for Delaware
abcnews.go.com/Politics/sarah-mcbride-1st-openly-trans-person-congress-focus/story
Sarah McBride could be 1st openly trans person in Congress ...
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AMC Stock: Shares Surge After Court Ruling on Stock-Conversion Settlement Plan: AMC Entertainment Holdings Inc. shares rose as much as 33% at the open of trading ...
bloomberg.com/news/articles/2023-07-23/amc-revises-stock-conversion-settlement-plan-rejected-by-judge
AMC Stock: Shares Surge After Court Ruling on Stock-Conversion Settlement ...
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Hunter Biden will plead guilty in a deal that likely averts time behind bars in a tax and gun case
cleveland.com/news/2023/06/hunter-biden-will-plead-guilty-in-a-deal-that-likely-averts-time-behind-bars-in-a-tax-and-gun-case.html
Hunter Biden will plead guilty in a deal that likely averts time behind ...
Quick Glance: Hunter Biden Reaches Agreement with DOJ, to Plead Guilty to Tax and Gun Charges
  • Hunter Biden, son of US President Joe Biden, has made an agreement with the Justice Department to avoid charges related to tax offenses and unlawful possession of a weapon.

  • Biden will plead guilty to misdemeanor tax charges and is expected to reach an agreement with prosecutors on the felony charge of owning a firearm as a drug user.

  • The agreement concludes a lengthy investigation into Joe Biden's second son, who has struggled with addiction after his brother Beau Biden passed away in 2015.

  • Hunter and Beau Biden hold the bible during a ceremony.
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Hunter Biden Case Assigned To Trump-Appointed Judge—Who Dismissed Part Of Lawsuit Surrounding His Infamous Laptop
forbes.com/sites/saradorn/2023/06/21/hunter-biden-case-assigned-to-trump-appointed-judge-who-dismissed-part-of-lawsuit-surrounding-his-infamous-laptop/
Hunter Biden Case Assigned To Trump-Appointed Judge—Who Dismissed Part Of ...
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AMC Stock Rises as Judge Blocks APE Stock Split: AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE ...
bloomberg.com/news/articles/2023-07-21/amc-ape-deal-rejected-in-surprise-court-win-for-meme-stock-base
AMC Stock Rises as Judge Blocks APE Stock Split
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Why has Byju’s sued its lenders, calling them ‘predatory’?: This is perhaps the first instance of an Indian start-up suing its own lenders after failing to pay ...
indianexpress.com/article/explained/explained-economics/why-has-byjus-sued-its-lenders-redwood-8649862/
Why has Byju’s sued its lenders, calling them ‘predatory’?
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AMC meme investors win rare access to evidence in fight over $129 mln settlement: Faced with an extraordinary flood of objections from AMC Entertainment Holdings ...
reuters.com/legal/government/amc-meme-investors-win-rare-access-evidence-fight-over-129-mln-settlement-2023-05-22/
AMC meme investors win rare access to evidence in fight over $129 mln ...
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Frank Founder Charlie Javice Says JPMorgan Documents Will Exonerate Her: Frank founder Charlie Javice is seeking access to JPMorgan Chase & Co ...
bloomberg.com/news/articles/2023-06-02/frank-founder-javice-says-jpmorgan-documents-will-exonerate-her
Frank Founder Charlie Javice Says JPMorgan Documents Will Exonerate Her
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Ex-Fox News producer dismisses Delaware lawsuit against Fox, New York lawsuit pending
theglobeandmail.com/world/article-ex-fox-news-producer-dismisses-delaware-lawsuit-against-fox-new-york/
Ex-Fox News producer dismisses Delaware lawsuit against Fox ...
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Cannes Review: Sean Price Williams’ The Sweet East is a Total Blast of a Debut: In The Sweet East, a high school senior take a journey through fame, exploitation ...
thefilmstage.com/cannes-review-sean-price-williams-and-nick-pinkerton-combine-with-the-sweet-east/
Cannes Review: Sean Price Williams’ The Sweet East is a Total Blast of a ...
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Republicans Celebrate Hunter Biden's Laptop Countersuit: The lawsuit alleges that a Delaware computer store owner accessed and shared Biden's information ...
newsweek.com/republicans-celebrate-hunter-bidens-laptop-countersuit-1788652
Republicans Celebrate Hunter Biden's Laptop Countersuit
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Dominion, Fox News attorneys to each seek summary judgment ahead of trial: Dominion's $1.6 billion lawsuit against Fox News is set for trial next month.
abcnews.go.com/US/dominion-fox-news-attorneys-seek-summary-judgment-ahead/story
Dominion, Fox News attorneys to each seek summary judgment ahead of trial
Quick Glance: Fox News Producer Sues Network, Claiming Network Set Her Up in Dominion Testimony
  • Fox News lawyers, according to Abby Grossberg, harassed and coerced her into safeguarding executives and on-air talent while jeopardizing her own image.

  • According to Ms. Grossberg's claims, Fox executives referred to Ms. Bartiromo as a "crazy bitch" who was "menopausal" and ordered Ms. Grossberg to remove the host from coverage talks.

  • Ms. Grossberg responded, according to the transcript, "No."

  • Ms. Grossberg said in her claims that she would have answered those questions differently if she hadn't been "coached by and intimidated by" Fox's lawyers.
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AMC shareholders sue company over vote to add shares: AMC Entertainment Holdings Inc (AMC.N) shareholders have filed a lawsuit in Delaware accusing the movie ...
reuters.com/legal/amc-shareholders-sue-company-over-vote-add-shares-2023-02-21/
AMC shareholders sue company over vote to add shares
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Read: Hunter Biden's lawyers request criminal investigation: Read the letters his attorneys sent the DOJ, IRS, Delaware attorney general and Fox News' ...
axios.com/2023/02/02/read-hunter-biden-lawyers-request-criminal-investigation-letters
Read: Hunter Biden's lawyers request criminal investigation
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Biden acknowledges ‘White Lotus’ star is most famous person from Delaware in ‘SNL’ skit
thehill.com/blogs/in-the-know/3825192-biden-acknowledges-white-lotus-star-is-most-famous-person-from-delaware-in-snl-skit/
Biden acknowledges ‘White Lotus’ star is most famous person from Delaware ...
Quick Glance: Leslie Knope (Amy Poehler) and April Ludgate (Aubrey Plaza) Crash SNL
  • When Amy Poehler made a brief appearance in Aubrey Plaza's Saturday Night Live monologue, it seemed probable that there would be more to come.

  • "OK, fine, uh, so, yeah, everybody should get involved where they live," she explained.

  • With that, an in-character Poehler walked out to tremendous applause from the audience, saying she had no experience behind that specific desk.
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Colbert on more Biden documents: ‘Playing right into Republican hands’: Late-night hosts discuss the discovery of five additional classified documents and ...
theguardian.com/culture/2023/jan/17/late-night-recap-colbert-biden-documents
Colbert on more Biden documents: ‘Playing right into Republican hands’
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Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy Proceedings, Despite Controversy
coindesk.com/policy/2023/01/20/sullivan-cromwell-gets-go-ahead-to-represent-ftx-in-bankruptcy-proceedings-despite-controversy/
Sullivan & Cromwell Gets Go-Ahead to Represent FTX in Bankruptcy ...
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The best books to read to understand financial crime: Our deputy business affairs editor considers a boom in financial shenanigans
economist.com/the-economist-reads/2022/07/11/the-best-books-to-read-to-understand-financial-crime
The best books to read to understand financial crime
Profile picture of We Got This Covered
Donald Trump NFT Trading Cards Linked To Mysterious Company: Those who did buy in gave their money to a shady and unknown LLC.
wegotthiscovered.com/social-media/donald-trump-nft-trading-cards-mysterious-company/
Donald Trump NFT Trading Cards Linked To Mysterious Company
Quick Glance: Trump was mocked after unveiling the NFT collection.
  • The NFTs, according to Trump, "would make a good Christmas gift"

  • Former US President Donald Trump has released a set of digital trading cards picturing him as a superhero, astronaut, and Nascar driver.

  • "These limited edition cards feature amazing ART of my Life & Career!" Trump said.

  • In an apparent dig at Trump, US Vice President Joe Biden tweeted that he had "some MAJOR ANNOUNCEMENTS the last couple of weeks too"
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Criminal complaint from the USA: Bankrupt crypto exchange: FTX founder arrested in the Bahamas
noz.de/deutschland-welt/wirtschaft/artikel/bankrotte-kryptoboerse-ftx-gruender-auf-den-bahamas-festgenommen-43738089
Criminal complaint from the USA: Bankrupt crypto exchange: FTX founder ...
Quick Glance: "Great risk of flight": FTX founder Bankman-Fried's bail application is denied
  • If found guilty on all allegations, FTX founder Sam Bankman-Fried faces up to 115 years in jail.

  • On Tuesday, a judge in the Bahamas denied Bankman-Fried bail and instead committed him to a local detention facility.

  • Bankman-Fried had previously been sued by prosecutors and authorities in the United States.

  • Bankman-Fried apologized to customers but has so far denied any wrongdoing.