Shareholders Vote on Elon Musk's Pay Package; Stock Reaction;

Shareholders Vote on Elon Musk’s Pay Package; Stock Reaction;

Tesla CEO Elon Musk has a knack for creating drama. Thursday’s shareholder meeting, where investors will vote on his trillion-dollar gambit, is just another example. Shareholder meetings are usually sleepy affairs, where investors typically approve accounting firms and listen to proposals about voting rights or corporate disclosures. Tesla’s meetings are a little different; they’ve become…

Read More
Trump’s supreme court strategy is to redefine ‘tariffs’. Will the justices buy it? | Trump tariffs

Trump’s supreme court strategy is to redefine ‘tariffs’. Will the justices buy it? | Trump tariffs

Donald Trump faced arguably the biggest test so far of his contentious use of executive power at the US supreme court on Wednesday. The stakes could not be higher – “literally, LIFE OR DEATH” for the US, at least according to the president. Trump’s signature, globe-rattling economic policy, his sweeping tariffs regime, was in the…

Read More
Why is Trump hosting C Asia leaders; can he compete with Russia, China? | International Trade News

Why is Trump hosting C Asia leaders; can he compete with Russia, China? | International Trade News

United States President Donald Trump will host the heads of five Central Asian countries – Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan – in an annual summit in Washington, DC, on Thursday. The group, founded in 2015, is known as C5+1, which refers to the five Central Asian countries and the US. According to the US…

Read More
MacKenzie Scott sells amazon stake: Jeff Bezos' ex-wife MacKenzie Scott cuts her Amazon stake by $12.6 billion, gives away $80 million as one of largest donations

MacKenzie Scott sells amazon stake: Jeff Bezos’ ex-wife MacKenzie Scott cuts her Amazon stake by $12.6 billion, gives away $80 million as one of largest donations

Amazon founder Jeff Bezos’ ex-wife MacKenzie Scott recently reduced her Amazon stake by an astounding $12.6 billion (£9.62 billion), and made astonishing donation to Howard University. Billionaire philanthropist MacKenzie Scott gave a whopping $80 million to Howard University, marking one of the largest single donations in the school’s 158-year history in a bid to support…

Read More