Tesla CEO Elon Musk scored a resounding victory on Thursday, Nov. 6 as shareholders approved a pay package of as much as $878 billion over the next decade, endorsing his vision of morphing the EV maker into an AI and robotics juggernaut. Shares of Tesla rose about 1% in after-hours trading. The proposal was approved with over 75% support. Musk took to…
Alan Carr has won the BBC show The Celebrity Traitors, the most-watched TV programme of the year so far. Viewers were eagerly anticipating whether traitors Cat Burns and Alan Carr or faithfuls Joe Marler, Nick Mohammed and David Olusoga would win the £87,500 prize for charity. Burns was the first to be caught and banished…
Trump’s maximalist design preferences are the stuff of legend. His penthouse apartment in Trump Tower is a rococo calamity with gold as far as the eye can see. When he purchased Mar-a-Lago in 1986, the mansion was already considered, in the words of the Chicago Tribune, a “monument to Roaring ’20s ostentation.” His love of…
Tesla shareholders met on Thursday to vote on a compensation plan for CEO Elon Musk worth close to $1tn. If approved, the package will demonstrate shareholders’ confidence the billionaire can lead his car company into an era dominated by artificial intelligence and robotics. If denied, Tesla may face the loss of a leader who once…
WASHINGTON — The Supreme Court on Thursday allowed the Trump administration to enforce a policy aimed at limiting transgender rights that would restrict sex designations on passports to “male” and “female” based on sex assigned at birth. The justices granted an emergency request filed by the administration, which is seeking to reverse a policy introduced…
FIFA president Gianni Infantino has been accused of a “clear violation” of the governing body’s statutes on neutrality after appearing to endorse United States president Donald Trump’s political agenda. Speaking at the American Business Forum in Miami on Wednesday, an event that was also attended by Trump, Infantino lavished praise on the U.S. president and…
Bill Gates and Warren Buffett ushered in a new Gilded Era of philanthropic giving, likened in influence to the Rockefellers and Carnegies. But charity work is about to look very different as higher taxes are threatened on liberal institutions, and new methods of giving are popularized by women mega-donors. MacKenzie Scott has become a pioneer…
President Donald Trump has announced a landmark deal aiming to expand Medicare coverage to include certain weight-loss medications, a move that could dramatically change access to these treatments for millions of older Americans. On November 6, Trump revealed that his administration had struck agreements with Eli Lilly and Novo Nordisk, the makers of popular weight-loss…
President Donald Trump just got a boost in his ongoing appeal of his New York state hush money conviction, thanks to the Supreme Court’s immunity ruling in his federal election interference case. That boost came Thursday, when a federal appellate panel ordered a federal district judge to reconsider Trump’s bid to move his hush money…
When you think of supercomputers, you probably think of vast air-controlled rooms crammed full of cabinets and illuminated by banks of flashing LEDs. The first Cray supercomputer, for instance, cost $10 million, contained 60 miles of wiring, and drew enough power to power ten homes, but it also weighed…