The lawyers who took on Tesla and Elon Musk wanted $5.6 billion for winning the case. In a lawsuit about excessive pay, ‘That was a bold ask,’ said the judge. 

A Delaware court judge this week denied Tesla CEO Elon Musk’s bid to reinstate his pay package, now valued at $100 billion.  But there was another denial issued: The lawyers … Read More

The 4 ‘fatal flaws’ in Tesla’s bid to award Elon Musk $100 billion, according to the judge who dashed his pay

The full-throated push to grant Tesla CEO Elon Musk a pay package now valued at $100 billion was shut down by a judge this week.  In a 101-page opinion, Delaware … Read More

Underlying Job Market Dynamics Begin to Retighten. The Fed Is Already Backpedaling on the Pace and Depth of Rate Cuts

Job openings and voluntary quits jumped by the most in over a year, layoffs and discharges plunged. By Wolf Richter for WOLF STREET. The underlying dynamics of the labor market bounced back in … Read More

FBI tells telecom firms to boost security following wide-ranging Chinese hacking campaign

WASHINGTON (AP) — Federal authorities on Tuesday urged telecommunication companies to boost network security following a sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and … Read More