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A Delaware judge on Tuesday ruled that Elon Musk's record-breaking $56 billion Tesla pay package could be tossed, calling the compensation granted by the EV maker's board "an unfathomable sum" that was unfair to shareholders. Shares of Tesla dropped about 3% in extended trade. The ruling may sweep away the largest pay package in corporate America.
WASHINGTON (Reuters) -U.S. President Joe Biden's administration on Friday formally informed Congress of its intention to proceed with the $23 billion sale of F-16 fighter jets to Turkey, taking a major step toward completing a long-delayed process that tested ties with Ankara. The State Department sent the notification to advance the sale of 40 Lockheed Martin F-16s and nearly 80 modernization kits to Turkey, a day after Ankara fully completed ratification of the NATO membership of Sweden, a move that became directly linked to the jet sales.
A Houthi anti-ship missile damaged an oil tanker in the Gulf of Aden on Friday but no injuries were reported and a U.S. Navy ship was providing assistance, the U.S. military said. ... -January 26, 2024 at 09:31 pm EST - MarketScreener
U.S. National Security Advisor Jake Sullivan will meet with Chinese Foreign Minister Wang Yi in Bangkok on Friday and Saturday, building on a commitment by the two countries' leaders to deepen dialogue between the world's two largest economies. The meeting comes a little more than two months after U.S. President Joe Biden and Chinese President Xi Jinping met for about four hours on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. Biden and Xi agreed to open a presidential hotline, resume military-to-military communications, and work to curb fen...
WASHINGTON/BEIJING -US-China ties and Taiwan will be topics raised at a meeting between the U.S. National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi in Bangkok, building on a... -January 26, 2024 at 02:57 am EST - MarketScreener