The upcoming hearing on Elon Musk’s pay package is scheduled for July 8, 2024, and will not take into account the TSLA shareholder vote that supported the 2018 compensation plan. Earlier this month, during the Annual Stockholder Meeting, Tesla shareholders voted to reapprove Elon Musk’s 2018 pay package. The investors voted in favor of ratifying […] More
The Office for National Statistics (ONS) has revised the UK’s first-quarter economic growth to 0.7%, up from the previously estimated 0.6%. In terms of output, the services sector — including businesses such as hairdressers, banks, and hospitality — expanded by 0.8% in the quarter, showing widespread growth. Meanwhile, the production sector increased by 0.6%, whereas […] More
Hennes & Mauritz, the world’s second-largest publicly traded fashion retailer, experienced a sharp drop in its share price on Thursday after issuing a sales warning for June due to unfavorable weather conditions. Shares in the Swedish company fell by 15 percent as the market turned its attention to the group’s performance for the remainder of […] More
Proposed changes to the Bank of England’s bond-selling strategy could potentially provide Sir Keir Starmer with up to £11.6 billion annually, as predicted by economists. This anticipated windfall arises from expectations that the Bank will scale back its quantitative tightening (QT) program in the coming months. QT involves selling bonds acquired during quantitative easing (QE), […] More
In a startling cyberattack, the popular Australian news broadcaster 7News’ YouTube channel, which boasts 1.71 million subscribers, was hijacked to livestream an AI-generated depiction of Elon Musk promoting a cryptocurrency scam. The fraudulent streams garnered significant viewership, with one attracting 60,000 views and another 45,000 before they were removed. During the livestreams, an AI-generated image […] More
Fresh details have emerged about the thrilling concept as Universal Destinations and Experiences prepares for the attraction. Last year, the company, owned by Comcast, the parent group of Sky, acquired a 476-acre site on a former brickworks in Kempston Hardwick, Bedfordshire. The company has proposed developing a large theme park resort on the site and […] More
The union representing the majority of film and television crews working behind the scenes has reached a preliminary agreement with studios covering approximately 50,000 of its members. This development reduces the likelihood of another major strike that could halt production, following a tumultuous year of labor issues in Hollywood. In a joint statement released Tuesday […] More