Firstft Tesla Faces Difficult Task to Win Shareholder Vote Chair Warns
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Elon Musk gets 77% approval from shareholders to get back his big, $44.9 billion Tesla pay package
Tesla shareholders have voted to restore CEO Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this yearABC News - Tech - Elon Musk -
Tesla Shareholders Vote to Uphold Musk's Pay Plan
The move signals support for the EV maker’s longtime leader and gives the board ammunition in its fight to preserve the court-rejected compensation plan.The Wall Street Journal - Business - Tesla -
The Big Loser in Tesla's Shareholder Vote Is Delaware
Tesla’s proposal to reincorporate in Texas is about much more than saving on state fees: It’s Elon Musk’s attempt to loosen Delaware’s grip on American corporations.The Wall Street Journal - World -
FirstFT: Musk talks of AI and humanoid robots after vote win
Also in today’s newsletter, Trump woos business leaders, and Wells Fargo workers fired for creating impression of ‘active work’Financial Times - World - Elon Musk -
Elon Musk Got 72% in Tesla Shareholder Vote on Pay
About 72 percent of shares in the balloting affirmed the chief executive’s lucrative stock award. The company hopes to get a court to reinstate it.The New York Times - Business - Elon Musk -
Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
At Tesla's annual meeting on Thursday, shareholders were asked to vote on a dozen proposals, including CEO Elon Musk's 2018 pay package.CNBC - Business - Tesla -
Elon Musk takes victory lap after 77% of Tesla shareholder votes back his $56bn pay
Company reveals clear majority of investors back stock options and Texas moveFinancial Times - Business - Elon Musk -
Tesla Shareholders Approve Elon Musk’s Big Payday
Elon Musk will pocket $50 billion after Tesla shareholders made a show of support for his leadership.Wired - Tech - Tesla -
Surprise, Tesla Investors Vote for a Higher Share Price
Right or wrong, Elon Musk and his investors are co-believers in a glorious if imprecise future.The Wall Street Journal - World - Tesla -
Tesla shareholders will have no one to blame if things go south
A solid majority has said that they are fine with giving Elon Musk his sharesFinancial Times - Business - Tesla -
Sunak warns voting for Reform will hand ‘blank cheque’ to Labour
Thursday evening poll shows Nigel Farage ahead of ToriesFinancial Times - Business - United Kingdom -
Vlahovic warns England that Serbia have studied Iceland’s Wembley win
Forward says ‘no one invincible’ before Euro 2024‘There are things that can be copied from [Iceland]’Serbia will take inspiration from Iceland’s recent victory at Wembley as they plot to surprise England on Sunday, according to their ...The Guardian - World -
DOJ: Garland won’t face charges after House contempt vote
Politico - Politics -
Elon Musk's $46 Billion Pay Package: How Tesla Shareholder Approval Could Play Out
Tesla shareholders voted to reinstate a pay package for Elon Musk that a judge had thrown out—a victory for Musk that is unlikely to put the issue to rest.The Wall Street Journal - Business - Tesla -
Elon Musk Says Vote on HisTeslaPay Winning by Wide Margin
Tesla’s CEO also says in posting on X that shareholders are backing the company’s reincorporation to Texas.The Wall Street Journal - Business - Elon Musk -
Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal
Toyota's chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its boardABC News - World -
Tesla stockholders vote to restore Elon Musk's record $44.9 billion pay package that was tossed out by a Delaware judge
Tesla stockholders vote to restore Elon Musk's record $44.9 billion pay package that was tossed out by a Delaware judgeABC News - Tech -
Christy Goldsmith Romero Nominated to be Next FDIC Chair
Christy Goldsmith Romero has been nominated to be the next chair of the bank regulator that has been shaken by a “toxic” workplace culture.The New York Times - Business -
U.S. Open 2024: Tiger Woods hangs tough, flirts with cut after Round 1 as Pinehurst proves difficult
Woods started hot in his first round Thursday morning but struggled down the stretch bogeying half of his last 12 holesCBS Sports - Sports - US Open -
Shein tries to suppress chair’s claim that fashion retailer is ‘American’
Donald Tang’s remarks are said to have annoyed Chinese officials who need to approve London IPOFinancial Times - Business -
Sawdust toilets and chairs that crash cars: inside Copenhagen’s radical design festival
The 11th edition of 3daysofdesign favours family businesses over tech startups, with over 400 designers (including a Norwegian postman) exhibiting work. At the Verpan showroom, a space dedicated to the work of Verner Panton, the renowned Danish ...The Guardian - World -
Warnings over Guatemala's volcano tourist hotspot
Scientists say tourists don't understand the dangers when they sign up for hiking trips.BBC News - Top stories -
2024 Polestar 2: Built to Compete With Tesla
Borrowing DNA from the Volvo Cars brand, the Polestar 2 is gaining ground on Tesla by addressing key earlier-generation deficits.The Wall Street Journal - World - Tesla -
Clarence Thomas took more undisclosed trips paid for by GOP megadonor Harlan Crow, Senate committee chair says
Supreme Court Justice Clarence has come under fire for accepting years of luxury gifts and private jet rides.CNBC - Business -
Former MOCA board chair Maria Arena Bell named head of LA28 Cultural Olympiad
Maria Arena Bell, former MOCA board chair and head writer for 'The Young and the Restless,' has been picked to chair the LA28 Cultural Olympiad.Los Angeles Times - Entertainment -
House Oversight chair pushes for sweeping DOJ probe after Hunter Biden guilty verdict
Politico - Politics - Joe Biden -
Sunak warns of Labour ‘blank cheque’ as Tories fall behind Farage in poll
PM says he is still fighting for every vote as Reform UK overtakes Tories in pre-election survey for first time. Labour would be handed a “blank cheque” if current polling were replicated at the election, Rishi Sunak has said after Nigel Farage’s ...The Guardian - World -
Visitors to Greece appear ill informed about heatwave risk, warn rescuers
Call for better trail signage and backing for walking clubs as concerns grow over tourists encountering searing heat. With Greece gripped by unusually high temperatures, fears are growing that foreign visitors are not aware or being properly ...The Guardian - World -
China’s support for Russia is ‘long-term threat’ to European security, warns G7
Leaders discuss measures to counteract Beijing’s economic policies, which they say are unbalancing global tradeFinancial Times - World - China -
Steelmaker Nucor’s stock extends selloff after a profit warning
Nucor’s stock was headed for a 7-month low on Friday, after the steel and steel-products maker warned of a second-quarter earnings shortfall, citing weakness at its steel mills business.MarketWatch - Business -
Massive "dead zone" to form in Gulf of Mexico, scientists warn
Nearly 6,000 square miles in the Gulf of Mexico are expected to be severely lacking in oxygen, forcing some marine life out and leaving those that remain to likely die, this summer.CBS News - Top stories -
CDC warns of disruptions to ADHD meds after $100M fraud arrest
The Centers for Disease Control and Prevention (CDC) is warning those who take medication for ADHD, attention-deficit/hyperactivity disorder, could face a disruption in accessing care after two executives were arrested for a $100 million fraud ...The Hill - Politics -
GameStop Shareholder Meeting Is Adjourned After Glitch Disrupts Call
The annual meeting is to resume on Monday after high interest from shareholders led to a technical issue on Thursday.The Wall Street Journal - Business -
Servers for GameStop annual shareholder meeting crash due to overwhelming interest
The debacle comes amid a meme stock craze that surged when Keith Gill, aka Roaring Kitty, resumed posting on his social accounts after more than three years.CNBC - Business -
Superdry shareholders back £10mn lifeline to stave off insolvency
Struggling retailer says approval is ‘crucial step’ for its survivalFinancial Times - Business -
If Everyone Voted, Would Biden Benefit? Not Anymore.
Inside the unusual dynamic shaping the 2024 campaign.The New York Times - Top stories - Joe Biden -
Thuram urges French public to vote in election
France striker Marcus Thuram expressed his concern on Saturday about the rise of the Rassemblement National, the country's right-wing populist party, before the election at the end of the June.ESPN - Sports - France -
French Government Bonds Face Trouble as Elections Loom
As France heads towards snap elections at the end of June, French government bonds could slide further, having already taken a major hit from the weekend’s European parliamentary elections, pushing their yields even higher, analysts said.The Wall Street Journal - Business -
Raducanu to face Boulter in Nottingham Open semis
Emma Raducanu will face fellow Briton Katie Boulter in the Nottingham Open semi-finals after her last-eight opponent Fran Jones withdrew.BBC News - Top stories -
GOP faces political minefield on IVF, life at conception
In vitro fertilization (IVF) has become a political minefield for GOP Senate candidates as they seek to balance their stated support for IVF access with their beliefs that life begins at conception. Democrats sought to force the issue this week ...The Hill - Politics