Elon Musk’s $1 trillion pay plan faces pushback from investors, state officials

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Elon Musk’s $1 trillion pay plan faces pushback from investors, state officials

In the letter to Tesla shareholders, the coalition – which also includes state treasurers of Nevada, New Mexico and Connecticut – called on investors to oppose the re-election of directors Ira Ehrenpreis, Joe Gebbia and Kathleen Wilson-Thompson.The group cited what it called the board’s “relentless pursuit” o …

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Bitcoin hits all-time high above $125,000

Bitcoin’s previous record was $124,480 in mid-August, buoyed by friendlier regulations from U.S. President Donald Trump’s administration and strong demand from institutional investors.The cryptocurrency had risen on Friday for an eighth straight session, bolstered by recent gains in U.S. equities and inflows …

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UnitedHealth shareholder proposes independent board chair

The Accountability Board, a nonprofit advocacy group and UnitedHealth’s shareholder, said the current structure would decrease the board’s “checks and balances by consolidating power.”Hemsley took the CEO job after his predecessor Andrew Witty resigned abruptly in May. Hemsley served as the board chair since …

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Indian ministers push domestic alternatives to Google, Microsoft apps amid strained US ties

NEW DELHI (Reuters) -Three cabinet colleagues of Indian Prime Minister Narendra Modi are promoting use of apps by domestic rivals to Google Maps, WhatsApp and Microsoft, in the strongest backing yet for “Made in India” products amid trade tension with the United States.After the United States imposed a 50% ta …

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Exclusive-Trump administration eyes stake in company developing Greenland rare earths mine

(Reuters) -Trump administration officials have discussed taking a stake in Critical Metals Corp, four people familiar with the discussions told Reuters, which would give Washington a direct interest in the largest rare earths project in Greenland, the Arctic territory that President Donald Trump once suggeste …

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