Elon Musk says Tesla shareholders are backing his $56bn pay package; markets cling onto soft landing hopes – business live | Business
Important Events Musk says Tesla shareholders voted for $56 billion compensation package It’s a landmark day for Tesla as the company asks shareholders to approve a $56bn (£44bn) pay package for CEO Elon Musk. The bill is back up for approval after being rejected by a Delaware judge earlier this year, so the electric-vehicle maker […]
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 […]
Buy now, pay later products to be treated like credit cards, CFPB says
The CFPB said BNPL lenders will be treated similarly to credit cards. (iStock) The Consumer Financial Protection Bureau (CFPB) will apply credit card rules to buy now, pay later (BNPL) products. As a result, according to the CFPB, BNPL lenders must comply with the federal Truth in Lending Act (TILA) and Regulation Z rules that […]
Making a plan to pay for long-term care: Insurance and other alternatives – CNBC
Experts say understanding what benefits you’re eligible for and what you may be eligible for is a critical part of planning for long-term care. Long-term care insurance typically pays for care if you have a chronic illness, dementia, severe cognitive impairment, or are unable to perform at least two of the six “activities of daily […]
Waffle House raises worker pay to $3 an hour after labor protests — and menu prices are going up
Waffle House is raising wages for its US employees after a year of pressure from labor advocates. Waffle House CEO Joe Rogers III said in a video message to employees late last month that base pay will increase to at least $3 an hour in June, then gradually increase to at least $5.25 an hour […]
Chiquita Will Pay $38.3 Million To Victims Of Foreign Militia It Allegedly Funded, Court Rules
A South Florida federal court on Monday found U.S. multinational banana producer Chiquita Brands International guilty of funding Colombian militias and ordered it to pay $38.3 million to the militia’s victims, according to multiple statements. “Chiquita deliberately [Autodefensas Unidas de Colombia or] An eight-judge jury in the U.S. District Court for South Florida returned a […]
Arizona Republicans ask Maricopa County Attorney to take Hobbs ‘pay to play’ investigation
More Republican state officials are calling on Maricopa County Attorney Rachel Mitchell to investigate allegations of “transactional fraud” involving the Hobbs administration and Sunshine Residential Homes. Democratic Attorney General Chris Mays has already launched an investigation following a letter from Senate President Pro Tem TJ Shopp after The Arizona Republic reported allegations that the group […]
Chiquita must pay Colombian families $38.3 million, Florida jury says
Nikita Sekei, 24, was shopping at a local supermarket in Canada when she came across a pre-packaged vegetable platter on sale for 45 Canadian dollars (30 US dollars) and was so amazed that she shared her discovery with others on TikTok. Chiquita Brands International must pay $38.3 million in damages to eight families Colombian Man […]
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 […]
Apple to offer buy now, pay later option with Affirm
Apple announced on Tuesday that Apple users will be able to opt into buy now, pay later loans with Affirm as part of an update to the company’s operating system due later this year. Announced updates. The ability to use Affirm will be available to US users when using Apple Pay as part of an […]