The Tesla shareholder who blocked CEO Elon Musk’s massive pay package has asked a Delaware judge to bar the company from reincorporating in Texas, which would move the pay dispute to the Lone Star State. On Wednesday, the legal team of Tesla shareholder Richard Tornetta asked Delaware Chancellor Kathaleen McCormick to stop the electric vehicle […]
WASHINGTON — The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.S. lawmakers that’s expected to face legal challenges and disrupt the lives of content creators who rely on the short-form video app for income. The […]
A company that works to give housing to “high-risk” past drug and alcohol users is the owner of a home in Buffalo, New York, where the body of a missing child was found last week, according to WKBW-TV. The Buffalo Police Department reported that the body of 12-year-old Jaylen Griffin was discovered in a home […]
X owner Elon Musk admitted his posts on the platform have done more to financially hurt the company than help. In a March 27 deposition made public Monday, Mr. Musk said his posting habits have not changed since he took the reins at X in 2022 and that they have likely hurt the company financially. […]
News By The Associated Press April 4, 2024 at 5:46pm A California-based election services company is charging several large Texas counties tens of thousands of dollars in additional fees, sending election officials scrambling to pay the surcharges to preserve a crucial system that manages their voter registration. The state’s primary runoff elections are next month. […]
SAN FRANCISCO — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had recommended a slate of directors that did not include Peltz or Rasulo. The dissident […]
NEW YORK — Two Florida brothers pleaded guilty Wednesday to insider trading charges, admitting making over $22 million illegally before the public announcement in 2021 that an acquisition firm was taking former President Donald Trump’s media company public. Michael and Gerald Shvartsman entered their pleas to a single count of securities fraud in Manhattan federal […]
X announced Tuesday it’s adding two names to the safety team as advertising dollars continue to dwindle at the social media company. According to X, current employee Kylie McRoberts was promoted to head of safety on the platform and Yale Cohen, executive vice president at public relations firm Publicis Media, is taking over as chief […]
The owner of the container ship that crashed into the Francis Scott Key Bridge in Baltimore last week, causing it to collapse and killing six workers, and the ship’s management company, have filed a petition in federal court to limit their liability in the tragedy. The U.K. Independent reported that the petition and appeal filed […]
John Barnett was found dead in his car in the parking lot of the Charleston, South Carolina, hotel where he was staying while giving testimony in a whistleblower case against aircraft manufacturer Boeing. Authorities are still investigating the cause of death, but Barnett’s mother, Vicky Stokes, said she already holds the company responsible for it. […]
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