Delaware judge rejects Musk's $56 billion
Tesla pay - again
Posted By: sunset, 12/3/2024 4:52:26 AM
A Delaware judge ruled on Monday that Tesla (TSLA.O), opens new tab CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting in June to reinstate it. The ruling by the judge, Chancellor Kathaleen McCormick of the Court of Chancery, follows her January decision that called the pay package excessive and rescinded it, surprising investors, and cast uncertainty over Musk's future at the world's most valuable carmaker. In a post on X after the decision, Musk said that "shareholders should control company votes, not judges."
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A Delaware judge ruled on Monday that Tesla (TSLA.O), opens new tab CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting in June to reinstate it.
The ruling by the judge, Chancellor Kathaleen McCormick of the Court of Chancery, follows her January decision that called the pay package excessive and rescinded it, surprising investors, and cast uncertainty over Musk's future at the world's most valuable carmaker. In a post on X after the decision, Musk said that "shareholders should control company votes, not judges."
President-elect Trump tapped his daughter Tiffany Trump's father-in-law, Lebanese-American businessman Dr. Massad Boulos, to join his Cabinet as senior adviser on Arab and Middle Eastern affairs.
"I am proud to announce that Massad Boulos will serve as Senior Advisor to the President on Arab and Middle Eastern affairs," the president-elect wrote on TRUTHSocial. "Massad is an accomplished lawyer and a highly respected leader in the business world, with extensive experience on the International scene. He has been a longtime proponent of Republican and Conservative values, an asset to my Campaign, and was instrumental in building tremendous new coalitions with the Arab American Community.
President-elect Donald Trump appointed two of his in-laws to prominent diplomatic roles that could shape his foreign policy in his second term.
On Saturday, he nominated Charles Kushner, the father-in-law of Ivanka Trump, as U.S. ambassador to France. Meanwhile, Massad Boulos, the Lebanese-American father-in-law of Tiffany Trump, was appointed as senior adviser on Arab and Middle Eastern affairs. Boulos will join a Middle East team with ardent supporters of Israel — real estate developer Steve Witkoff, who was appointed as special envoy to the region, and Mike Huckabee, an evangelical hardliner and Trump’s nominee for U.S. ambassador to Israel.
The British Board of Film Classification (BBFC) has issued a trigger warning for the new blockbuster Wicked, citing concerns over discrimination against a "green-skinned woman" and persecuted "talking animals".
The new movie musical, starring Ariana Grande and Cynthia Erivo, has received the warning despite the green-skinned character being central to its plot.
California’s AG Asks Residents to Snitch
on Stores That Don’t Comply With Gender-Neutral
Toy Law 10 replies
on Stores That Don’t Comply With Gender-Neutral
Toy Law 10 replies
California has many problems facing its residents, including earthquakes, wildfires, and housing crises. People are dealing with heightened crime rates in cities like Los Angeles and San Francisco. Homelessness has become a near-epidemic in the Golden State. So, Californians should be comforted to know that Attorney General Rob Bonta is focused on making sure stores that sell children’s products are including gender-neutral sections for their customers. Bonta's the press release urges residents to snitch on retailers that fail to comply with a new state law requiring them to provide gender-neutral sections for toys and childcare products
Rumble is suing California for allegedly forcing the social media platform to alter its own speech and censor its users’ speech, according to a copy of the lawsuit obtained by The Daily Wire. The lawsuit was filed Wednesday by Alliance Defending Freedom (ADF) in the U.S. District Court for the Eastern District of California, Sacramento Division. Rumble is challenging California’s latest laws punishing speakers for certain political commentary, which California Governor Gavin Newsom has framed as measures that will combat the “harmful use of deepfakes in political ads and other content.”
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines. Inglewood Oil Field owner Sentinel Peak argues in the lawsuit, filed this week, that the law, which was signed in September by Gov. Gavin Newsom, is unconstitutional. Attorneys for Sentinel Peak argue that the law “represents an illegal attempt to coerce an individual company to stop operation of its legal business,” according to court documents. They allege that mandatory fines, in particular, violate federal and state laws forbidding excessive fines.
President Joe Biden's administration is urging Ukraine to quickly increase the size of its military by drafting more troops and revamping its mobilization laws to allow for the conscription of those as young as 18.
A senior Biden administration official, who spoke on the condition of anonymity to discuss the private consultations, said Wednesday that the outgoing Democratic administration wants Ukraine to lower the mobilization age to 18 from the current age of 25 to expand the pool of fighting-age men available to help a badly outnumbered Ukraine in its nearly three-year-old war with Russia.
Rivian (RIVN.O), opens new tab said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.
The announcement comes ahead of the inauguration of President-elect Donald Trump, who is expected to undo many of the Biden administration's EV-friendly policies and incentives.
Operation of the Georgia plant, where Rivian plans to build future vehicles such as its smaller, less expensive R2 SUVs and R3 crossovers, will begin in 2028, the California-based startup said in a statement.
Republican Sen. Rand Paul has hit out at the Democratic mayor of Denver for his plans to stop mass deportations of undocumented immigrants under President-elect Donald Trump. Mayor Mike Johnston has said that he plans to keep immigration officials out of the Colorado city, and warned that his planned resistance could compare to the infamous Tiananmen Square protests in China. 'You'd have every one of those Highland moms who came out for the migrants. And you do not want to mess with them.' (snip)Now, if Johnston were to start a similar protest, Paul said he could be removed from office and could even face potential criminal charges.
For the first time, officially communist Vietnam has taken delivery five T6-C Texan trainer aircraft from the US. Seven more are on order. According to a report in the Eurasia Times, this acquisition could put Vietnam in line to buy F-16 jets from the US, of which there have been reports since October last year. The Texan trainer is commonly used by the US Air Force to train pilots for advanced jets like the F-16. Vietnam has until now bought only Russian military hardware and its air force is known to deploy 35 SU-30 fighter jets and older Su-22s.
Alaska chooses to keep ranked choice voting,
Begich defeats Peltola, unofficial results show 3 replies
Begich defeats Peltola, unofficial results show 3 replies
Alaska’s open primary and ranked choice voting system survived, while Republican U.S. House candidate Nick Begich defeated Democratic Rep. Mary Peltola, according to the unofficial results released on Wednesday.
The Alaska Division of Elections completed the ranked choice tabulations for all nine races in which no candidate received more than 50% of first-preference ballots.
The division is targeting Nov. 30 as the date by which it will certify the results. There will be another tabulation completed then. Until that is completed, the results are unofficial, although unlikely to change.
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It's not a procedure you'd expect a 28-year-old to be planning. But for Lydia Echols from Texas, having her fallopian tubes removed is the price she's willing to pay to ensure her reproductive rights. Newsweek spoke to five women who have either undergone sterilization procedures or plan to in the wake of President-elect Donald Trump's victory on November 5. They all expressed fear their reproductive choices will be taken from them under Trump's administration. "If I am to be denied any rights in the next four (or more) years, I will not give them up without a fight," Echols said.
Whoopi Goldberg and her lefty cohorts on “The View” went to the mat Monday in defense of President Biden’s sweeping pardon of his son Hunter, writing it off as just “what presidents do” and dismissing criticism of the controversial move as “foolish” and “pearl-clutching.”
Goldberg launched straight into her defense of Biden during the ABC TV show’s “Hot Topics” segment by rattling off a list of people President-elect Donald Trump pardoned during his first term, including Roger Stone and Michael Flynn.
“That’s what presidents do every time. They do it every time, they pardon somebody, so I’m not sure why the pearl-clutching is happening now,
Daniel Penny was greeted with shouts of “Guilty!” as he arrived in court Monday morning ahead of closing arguments in his lightning-rod Manhattan manslaughter trial in the chokehold death of Jordan Neely.
Penny, 26, strolled into Manhattan Supreme Court around 10:15 a.m. flanked by his attorneys Thomas Kenniff and Steven Raiser — as a 12-person jury will hear final remarks from prosecutors and the defense before the panel begins deliberations.
A group of a dozen protesters chanted, “Guilty! Guilty! Guilty!” as the Marine veteran exited a black SUV outside the 100 Centre St. courthouse.
“What do we want? Justice! When do we want it? Now!” the demonstrators shouted.
California Gov. Gavin Newsom (D) convened the state legislature for a special session on Monday designed to “Trump-proof” the state, including by passing $25 million for use in lawsuits against the incoming administration.
As Breitbart News noted after the election in November, Newsom announced the special session — not to deal with pressing problems facing the state, but rather for the political purpose of leading the so-called “resistance” (i.e. opposition) to President-elect Donald Trump. Trump responded on Truth Social, saying Newsom was “using the term ‘Trump-Proof’ as a way of stopping all of the GREAT things that can be done to ‘Make California Great Again’.”
An unknown disease has killed 143 people in the Congo in an outbreak that has alarmed health officials and the World Health Organization. Patients suffered from flu-like symptoms, including a high fever and severe headache, local officials say, with women and children reported to be most seriously affected. Deaths are being recorded in Kwango province, in the Southwest of the Democratic Republic of the Congo (DRC) and on its border with Angola. (Snip) Officials say the situation is 'extremely worrying' and that the death toll is rising rapidly. On November 25, they had reported 67 deaths from the disease. Patients
A Delaware judge ruled on Monday that Tesla (TSLA.O), opens new tab CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting in June to reinstate it.
The ruling by the judge, Chancellor Kathaleen McCormick of the Court of Chancery, follows her January decision that called the pay package excessive and rescinded it, surprising investors, and cast uncertainty over Musk's future at the world's most valuable carmaker. In a post on X after the decision, Musk said that "shareholders should control company votes, not judges."
The Biden administration might be in its final days but that doesn’t mean the flow of lethal U.S. weaponry to Ukraine shows any sign of slowing. Far from it.
That was confirmed Monday when an additional $725 million in military assistance, including counter-drone systems and munitions for its High Mobility Artillery Rocket System (HIMARS), was announced by the White House.
AP reports it is unclear whether the munitions for the HIMARS are the coveted ATACMS — the Army Tactical Missile System — but Ukraine has been pressing for more of the longer-range missiles to strike additional targets inside Russia.
Good old ‘Hanoi’ Jane Fonda recently appeared on Bill Maher’s podcast and played dumb on the topic of fare left policies.
When Maher suggested that the extreme left is one of the reasons that Joe Biden lost the election, Fonda stupidly asks him ‘who is the far left?’ as if she doesn’t know. When Maher uses the example of leftists saying that men can get pregnant, she claims to have never heard anyone say this.
Maher tells her that she likely watches media that never tells her any of this, which is likely correct. Fonda is probably MSNBC’s number one fan.
Prosecutors have shown grisly evidence at Daniel Penny's trial just moments before the judge sent the jury for deliberations.
The 26-year-old Marine veteran denies charges of manslaughter and negligent homicide after the May 2023 death of Jordan Neely on a New York City subway car.
Neely died on the floor of the uptown-bound F train in Manhattan after Penny placed him in a chokehold for six minutes to stop him threatening commuters.Assistant District Attorney Dafna Yoran on Tuesday displayed a graphic photo of inside Neely's eye, taken during an autopsy after his death, which shocked the room.
A former Houston FBI agent has been convicted for repeatedly stealing money while conducting searches, including from a Jan. 6 protestor.
Nicholas Anthony Williams stole more than $10,000 during searches and faces up to 10 years in federal prison and potentially a $250,000 fine. He was convicted in September and will be sentenced in January. This incident highlights once again the corruption within the FBI, the need for reform, and also the unfair treatment of Jan. 6 protestors.
Federal court documents, according to Houston Public Media, detail how Williams — who was on the criminal violent gang and counterterrorism squads
In dealing with his enemies in the Deep State, President Trump could follow one of two paths. One would be the path of peace, reconciliation, and forgiveness. This would certainly be easier in the short term and also garner approval from insiders and the media. Alternatively, he could seek to clean house and punish the worst and most insubordinate offenders from his first term. Which path Trump should take all depends on whether one believes the last eight years were normal partisan squabbles or if one believes that something monumental happened
Below is my answer to Congresswoman Jasmine Crockett’s (D-Texas) burning questions and observations, which she cried out at a recent congressional hearing:
You tell me which white man was dragged outta their homes! You tell me which one of them got dragged all the way across an ocean and told that you’re gonna go to work! We’re gonna steal your wives — we’re gonna rape your wives. That didn’t happen!