(Reuters) – Tesla on Monday defended a proposal to ratify CEO Elon Musk’s $56 billion pay package and said a new compensation would be costlier, days after a top proxy advisory firm recommended shareholders to vote against the proposal. The electric-vehicle maker argued that his pay package – one of the biggest in corporate America […]
Six former University of Maryland, Baltimore County student-athletes say they will continue their lawsuits against the university, rejecting an initial settlement offer stemming from an agreement between the school and the U.S. Department of Justice. The Justice Department found that the Catonsville research university failed to protect students from former head swim coach Chad Cradockâs […]
Tesla (TSLA) and its Chief Executive Elon Musk each fired their own salvos at institutional investors apparently reluctant to give the nod to a disputed $58 billion compensation package for the head of the electric-vehicle giant. Musk himself said one key Tesla stock investor had “no honor.” X Tesla wrote a detailed letter to shareholders […]
May 29âMaine regulators on Wednesday rejected a proposed settlement with a competitive electricity provider, ruling that the agreement calling for refunds to customers and the opportunity to switch to different rate plans falls short of what’s needed to punish the company given that it has drawn hundreds of consumer complaints. The Public Utilities Commission voted […]
TAIPEI (Reuters) – Taiwan’s cabinet will reject and send back for review legislation the opposition passed on Tuesday on parliamentary reforms that have brought tens of thousands onto the streets to protest and accusations of Chinese interference. The peaceful protests, and sometimes violent confrontations in parliament over the reforms, have been taking place against a […]
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” of the pay deal, […]
Reality Check is a Bee series holding officials and organizations accountable and shining a light on their decisions. Have a tip? Email realitycheck@sacbee.com. A California Republican lawmaker made a series of false statements Wednesday, in response to a Democratic bill that would stop school districts from forcing school staff to inform parents that their child […]
UAW President Shawn Fain acknowledged that the defeat at Mercedes in Alabama was a setback but said the union would push on with additional organizing drives in the South (BILL PUGLIANO) Workers at Mercedes-Benz’s Alabama facilities have rejected a union drive in a setback to the United Auto Workers’ ambitious campaign to organize the American […]
A variety of books and resources are available at the Cabell County Public Library Main Branch in Huntington, West Virginia, on Thursday, July 27, 2023. In addition to the Main Branch, the Cabell County Library system has seven branches serving the communities of Barboursville, Cox Landing, Gallaher Village, Guyandotte, Milton, Salt Rock, and West Huntington. […]
May 14âLEWISTON â Voters on Tuesday rejected the School Committee’s proposed $111.47 million budget by a vote of 743-395. It was a 9.29%, or $9.48 million, increase over the current $101.99 million budget. Lewiston Schools Superintendent Jake Langlais said Tuesday night that administrators will adapt. “There are a lot of factors but at the end […]
Los Angeles Unified is pushing ahead with district-wide lesson plans based on the science of reading even after state lawmakers rejected legislation requiring the curriculum. About half of the 434 elementary schools in the nationâs second-largest school system have already adopted lessons aligned to the phonics-based science of reading, according to Superintendent Alberto Carvalho. The district […]
Evoking the classic Disney tearjerker Old Yeller, in which a family is forced to put down their beloved dog, the US film-maker and campaigner Abigail Disney exhorted voters to oppose the Republican party of Kristi Noem, the South Dakota governor whose story of killing Cricket, a 14-month-old dog, shocked the world and seemingly dynamited her […]