Elon Musk says Tesla shareholders voting yes for his $56 billion pay package
Tesla shareholders are voting to approve a $56 billion compensation package for Elon Musk and move the electric car maker’s legal headquarters to Texas, Musk said on social media platform X on Wednesday, adding that the votes were “in sync.” By a large margin. A yes vote would give the electric car maker more ammunition […]
Biden Admin Shoots Down $24 Billion Pay Raise For Enlisted Troops — After Spending Seven Times More On Ukraine
The Biden administration is “strongly opposed” to a proposal to raise pay for junior soldiers in the military, even after spending almost seven times the proposed amount on Ukraine and broader regional security. The House Armed Services Committee’s (HASC) draft National Defense Authorization Act for 2025 (NDAA) would give pay to all junior soldiers. increaseThis […]
World’s largest wealth fund to vote against Musk’s $56 billion Tesla pay package
Varney & Co. host Stuart Varney discusses whether Elon Musk’s latest tech bet will pay off for investors. Tesla Inc.’s eighth-largest shareholder said it will vote against next week’s planned shareholder vote to approve a $56 billion compensation package for Chief Executive Officer Elon Musk. Norway’s $1.7 trillion sovereign wealth fund, which has criticised excessive […]
NYS audit: $1.5 billion 'questionable' Medicaid payments went to unenrolled providers – Newsday
A New York state audit released Tuesday found that more than $1.5 billion in “improper and questionable” payments were made under New York’s Medicaid system over a nearly four-year period to health care providers who were not enrolled in the government-funded system that provides care to disadvantaged residents and people with specific health needs. Medicaid […]
Elon Musk Sold $7.5 Billion in Tesla Stock Before Disappointing Quarter Went Public
Tesla CEO Elon Musk is facing a lawsuit alleging he illegally sold $7.5 billion worth of Tesla stock in the fourth quarter of 2022, knowing it would disappoint investors after the company promised a “great end to the year.” luck Reports In a lawsuit filed last week in Delaware court, shareholder Michael Perry accused Musk […]
NBA’s new TV deal is worth $76 BILLION, and the salary cap is exploding again
The NBA’s new media deal was expected to be big, but no one anticipated just how enormous the financial benefits for the league would be. Wall Street Journal report The 11-year, $76 billion deal with NBC, ESPN and Amazon would shatter even the high end of expectations. That averaged out to just over $6.9 billion […]
Paramount, Skydance $8 billion deal near: reports
FOX Business’ Charlie Gasparino appears on “The Craman Countdown” to discuss the feud between Paramount CEO Bob Bakish and Skydance over the “messy” merger. Paramount Global is finalizing the details of its $8 billion acquisition by Skydance Media, according to multiple reports. FOX Business’ Charlie Gasparino reports. It was reported last week that Skydance and […]
Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder
Barron’s deputy editor Al Root joins Barron’s Roundtable panelists to discuss what U.S. automakers need to do to compete against a flood of cheap electric vehicles from China. Tesla CEO Elon Musk was accused of insider trading in a lawsuit filed by Tesla shareholders in Delaware Chancery Court on Thursday. Shareholder Michael Perry alleges in […]
Pfizer sees lung cancer drug topping $1 billion in sales following impressive 5-year data
Pfizer Chairman and CEO Albert Bourla breaks down the company’s earnings on The Claman Countdown. Pfizer said it expects annual sales of its cancer drug Lorbrena to exceed $1 billion by 2030, after data released Friday showed the majority of patients treated for a rare form of advanced lung cancer were still alive five years […]
Covid Fraud: A Staggering $600 Billion
Editors’ Note: Looking back at the Covid lockdowns, the overall response looks even worse than before. At the time they were being imposed, The Prickly Pear opposed them on a variety of grounds; medical, economic, and because they violated human rights and freedom. Now in hindsight, it is clear lockdown, mask requirements, and forced immunizations, […]