Published On Dec 2, 2024, 5:20 PM
A Delaware judge upheld a ruling to rescind Elon Musk’s $50 billion pay package from Tesla, citing insufficient shareholder information and lack of board independence. This decision comes despite a second shareholder vote that had approved the package.
The ruling may lead to investor concerns regarding corporate governance and how executive compensation is structured in Tesla, potentially affecting shareholder sentiment negatively.
Dec 2, 2024, 4:00 PM
Investors are looking ahead to a week of labor data that could influence the scope of interest rate cuts.
Dec 1, 2024, 8:15 PM
Some councils are considering charging owners of larger vehicles more for parking permits.
Dec 1, 2024, 8:30 AM
The race to cash in on humanoid robots is well underway.