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Shareholder Advocate Criticizes Musk's 'Excessive' Tesla Pay Package

Reported 4 months ago

Shareholder advocate Glass Lewis deems Elon Musk's Tesla pay package as 'excessive' and recommends shareholders vote against it, as it would significantly dilute their positions. Musk's ownership stake would increase from 12.9% to 22.4% if approved. Glass Lewis previously raised concerns about Musk's compensation in 2018, emphasizing the hefty size of the award and its dilutive effect. The advisory firm also questions Tesla's move to change its state of incorporation to Texas. Musk's 2018 pay package, valued at around $56 billion, was rescinded by a Delaware judge this year, and Glass Lewis now estimates his current package at $44.9 billion. The firm compared Musk's stock award's dilutive effect to other megacap companies, showing a significant impact. Musk has threatened to halt high-value tech projects if he doesn't gain approximately 25% ownership control of Tesla, leading to expected volatility around Tesla's June 13 shareholder meeting.

Source: YAHOO

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Parents of Aurora Masters want her to be remembered for how she lived

Reported 4 months ago

Aurora Masters, a 5-year-old Colorado girl, tragically died after a swing set accident. Her parents want her to be remembered for her vibrant life, community impact, and the joy she brought to others through her music and wise character. Her parents are creating a foundation to boost mental health through music, honoring Aurora's legacy and continuing her positive influence on the community.

Source: YAHOO

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San Jose Sharks签下2023年首轮新秀史密斯,签订入门级合约

Reported 4 months ago

San Jose Sharks宣布与2023年首轮NHL选秀的新秀威尔·史密斯签订了一份入门级合约。这位年轻的中锋在球队官方社交媒体上为鲨鱼队球迷送上了一条消息。总经理迈克·格里尔表示,他们认为这是他未来发展成为一名全职NHL球员的下一个最佳步骤,并期待他在最高级别的比赛中竞争。史密斯还在Instagram上发布了一段视频,突显了该组织悠久的历史。

Source: YAHOO

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Exclusive interview with Josef Newgarden, Two-Time Indy 500 Winner

Reported 4 months ago

Following his victory at the Indy 500, Josef Newgarden discusses the importance of truthfulness, his winning experience, his relationship with Pato O’Ward, and his outlook on the future in a heartfelt interview with NBC Sports. Newgarden reflects on his emotional win, the challenges of racing, and his dedication to the sport, emphasizing the significance of honesty and respect in his interactions with fellow drivers like O’Ward.

Source: YAHOO

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Can Icahn Enterprises Afford a 20% Dividend Yield in 2024?

Reported 4 months ago

Icahn Enterprises, controlled by Carl Icahn, has paid consistent dividends since 2005, with a current yield of nearly 24%. The company's dividend history and financial situation suggest it might pay out $4 per share this year, costing around $1.8 billion based on share count and available cash. However, the sustainability of such a high dividend remains uncertain beyond 2024, given the company's market cap exceeding its net asset value.

Source: YAHOO

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Minnesota Timberwolves Ownership Dispute Threatens Team's Future

Reported 4 months ago

The Minnesota Timberwolves face an ownership dispute as the billionaire entrepreneurs who agreed to buy the team failed to meet final payment deadlines, leading to uncertainties about spending to keep the team together. Concerns are raised about proposed budget cuts that could reduce the team's payroll below the luxury tax threshold, potentially affecting player extensions and future success. The team's future remains uncertain as they strive to balance financial considerations with maintaining a competitive roster.

Source: YAHOO

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Morgan Spurlock's Exes Remember Him with Love and Gratitude After His Passing

Reported 4 months ago

Following the death of documentary filmmaker Morgan Spurlock at 53 from cancer complications, his ex-wives Sara Bernstein and Alex Jamieson paid tribute to him on social media. Bernstein expressed thanks for the support, sharing a touching message from their son, while Jamieson remembered Spurlock as a dedicated and loving father and friend. Reflecting on their friendship despite past struggles, Jamieson expressed deep sadness over his loss. Spurlock's complicated past, including confessions of infidelity and settling a harassment case, added complexity to the mourning process.

Source: YAHOO

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US lifts financial restrictions against Cuba to boost private businesses

Reported 4 months ago

The United States has lifted some financial restrictions against Cuba to support private businesses on the island, allowing independent entrepreneurs to open and access U.S. bank accounts online. The measure also aims to enhance internet-based services and expand private companies' financial capabilities. The Treasury Department clarified that the changes are intended to help Cuban people, particularly independent private sector entrepreneurs, and not benefit Cuban officials or Communist Party members.

Source: YAHOO

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Lexi Thompson 宣布退休,給高爾夫界帶來震撼

Reported 4 months ago

Lexi Thompson 在29歲時宣布退休,給高爾夫界、特別是美國索爾海姆盃隊帶來震撼。作為女子高爾夫界的重要人物之一,這位佛羅里達選手選擇在本週的美國女子公開賽前宣布賽季結束後退休。儘管近年表現平平,但自 2014年奪得 Chevon Championship - 當時名為 Kraft Nabisco - 以來,她一直是人們關注的焦點。

Source: YAHOO

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Siemens Energy's Gamesa to cut 4,100 jobs, CEO announces in internal memo

Reported 4 months ago

Siemens Gamesa, a division of Siemens Energy, intends to reduce its workforce by 4,100, representing about 15% of its employees, according to Chief Executive Jochen Eickholt in an internal communication seen by Reuters. The decision is driven by the need to adjust to lower business volumes and market dynamics. Siemens Energy will confirm the exact number of affected jobs after completing consultations with stakeholders, with plans to maintain overall workforce stability by reallocating roles and hiring in other areas within the division.

Source: YAHOO

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紐華克機場TSA探員逮捕携帶槍支、裝填彈匣的男子:官方

Reported 4 months ago

在紐華克自由國際機場,紐澤西州的一名男子於週六被逮捕,涉嫌試圖攜帶裝滿子彈的手槍上飛機,美國運輸安全管理局周二宣布。據官方表示,該男子携帶了一把9毫米手槍以及裝滿子彈的彈匣,共有30發子彈。根據聯邦航空法律,TSA探員可以發放罰款,這位紐澤西男子可能面臨最高達1.5萬美元的罰款。官方提醒槍支持有者,可以攜帶槍支旅行,但必須沒有子彈且放在鎖定的硬殼箱中,槍支和仿製品絕不允許在飛機機艙內,而只能隨行李行李在貨艙中旅行。

Source: YAHOO

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Consumer confidence boosts Nasdaq on PCE optimism: Yahoo Finance

Reported 4 months ago

The Nasdaq climbs with Nvidia's surge, buoyed by strong consumer confidence per the Conference Board's survey, exceeding May expectations and indicating consumer resilience. The market awaits the Personal Consumption Expenditures report on inflation data and the Federal Reserve's interest rate decision. Notable guests include U.S. Bank's Rob Haworth, NorthEnd Private Wealth's Alex McGrath, and VantageScore's Silvio Tavares.

Source: YAHOO

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Boston Celtics: Aiming to Make NBA History as Preseason Favorite

Reported 4 months ago

The Boston Celtics are on the brink of becoming the first preseason favorite to win the NBA Finals since the 2018 Golden State Warriors. With key acquisitions like Jrue Holiday and Kristaps Porzingis, the Celtics have navigated through the playoffs and are only four wins away from achieving this milestone. The article also recaps the preseason favorites and eventual champions from the past five seasons, highlighting unexpected outcomes and challenges faced by teams like the Los Angeles Clippers, Los Angeles Lakers, Brooklyn Nets, and Denver Nuggets.

Source: YAHOO

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Jean Chatzky Challenges Traditional 15% Retirement Savings Rule

Reported 4 months ago

Jean Chatzky, an American journalist and financial editor, argues against the conventional 15% retirement savings guideline, known as the 50/15/5 rule, suggesting it is unrealistic in today's economy with rising inflation. Chatzky emphasizes the possibility of making up for lower early savings by living more frugally in one's 40s and beyond, and even working a bit longer towards the end of one's career. Her approach differs from traditional retirement planning strategies and encourages a more adaptable and realistic approach to financial security in later years.

Source: YAHOO

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Cava Earnings Due With Hot IPO Nearly Doubling In 2024; Watch For This

Reported 4 months ago

Writing summary...

Source: INVESTORS

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Glass Lewis urges Tesla shareholders to reject Musk's pay deal

Reported 4 months ago

Tesla shareholders are gearing up for a critical vote on June 13 to determine the future of Elon Musk's $56 billion pay package. Glass Lewis is advising shareholders to vote against the proposed compensation plan, expressing concerns that it would dilute existing shareholders' stakes and elevate Musk to the top shareholder position, without adequate rationale from the board. The decision is anticipated to shed light on corporate governance issues within Tesla.

Source: YAHOO

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EU與Telegram接觸,即將達到歐盟科技規則標準

Reported 4 months ago

歐盟科技監管機構接觸到訊息應用Telegram,因其接近關鍵使用標準,可能導致該平台受到歐盟一項重要網路內容法規更嚴格要求的規範。 EU表示,數位服務法(DSA)自去年開始實施,適用於所有線上中介平台,但對於大型科技公司有更嚴格的義務,要求他們在自身平台上更積極打擊非法和有害的網路內容。Telegram在二月前六個月有4100萬歐盟用戶,低於DSA的4500萬門檻,如若達到將會被標記為非常大型網路平台(VLOP),需要遵守更嚴格的義務。

Source: YAHOO

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Jett Lawrence Dominates Motocross with Impressive Flag-to-Flag Leads

Reported 4 months ago

Jett Lawrence recently extended his winning streak to 24 consecutive motos and 12 straight Outdoor Nationals victories by displaying unmatched dominance in the motocross circuit. He led flag-to-flag in 80% of his starts, only allowing four other riders to lead laps since his debut. Lawrence also set impressive record streaks and tied with James Stewart for third on the all-time list, positioning himself as a force to be reckoned with in motocross.

Source: YAHOO

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Starbucks Launches Colorful Summer Cups and Enhances Order-Ahead Process

Reported 4 months ago

Starbucks is introducing new colorful cold cups for the summer season, such as the Peach Bling and Flowers and Forest designs, priced from $23 to $25. Additionally, Starbucks collaborates with artist Sofie Birkin to release LGBTQ+ themed cups. Alongside these new merchandise, Starbucks upgrades the order-ahead process, providing more accurate estimated ready times for online orders in the Starbucks app, as confirmed by a PEOPLE staffer.

Source: YAHOO

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Premier League Investigates 'Tapping Up' Claim in Russell Martin's Move to Southampton

Reported 4 months ago

Southampton allegedly obtained confidential contract details about Russell Martin to secure a reduced £1.25 million deal last summer, prompting a 'tapping up' investigation by Swansea City and the Premier League. Swansea claims Martin aided Southampton in avoiding paying the full £2 million release clause, resulting in a legal battle. Despite the investigation, the Premier League is not actively pursuing the case. Martin, now the head coach of Southampton, faces allegations of breaching his contract with Swansea City.

Source: YAHOO

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Celsius Stock Drops Amid Nielsen Data and Analyst Warning

Reported 4 months ago

Celsius stock (NASDAQ: CELH) fell 17% due to new Nielsen data showing slower sales growth. Market share dropped from 10.8% to 10.5%, and Morgan Stanley analyst Dana Mohsenian warned of potential slower growth as Celsius faces challenges after its PepsiCo deal. Despite short-term concerns, long-term prospects include promising shelf gains and international market expansion, maintaining Celsius' premium valuation and growth potential.

Source: YAHOO

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Ex-OpenAI Safety Leader Leike to Join Rival Anthropic

Reported 4 months ago

Former OpenAI safety team co-head Jan Leike is leaving to join rival Anthropic, focusing on AI safety, after criticizing OpenAI for prioritizing products over safety processes. At Anthropic, Leike will continue working on safety issues related to superhuman AI models, with both companies researching how to control such models if developed in the future. Anthropic, founded by ex-OpenAI members, is known for its safety-focused approach. Leike's move comes after changes in OpenAI's safety team, including the appointment of a new CEO.

Source: YAHOO

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Sixers draft profile: Zach Edey's unique game known by Nick Nurse

Reported 4 months ago

Zach Edey, a standout NBA draft prospect from Purdue, is recognized for his exceptional talent and height, having won the Naismith Men’s College Player of the Year award multiple times. Edey demonstrated his scoring prowess and defensive capabilities, although he may need to improve his passing and defensive range as he transitions to the NBA. Sixers head coach Nick Nurse praised Edey's work ethic and basketball IQ, making him a potential candidate for the team's No. 16 pick in the draft.

Source: YAHOO

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Victoria Beckham回憶報紙在產後畫出「箭頭」指她「需要減重」後的不安

Reported 4 months ago

Victoria Beckham在接受Grazia採訪時談及了她產下第一個孩子後的困難時刻,她回憶起媒體印刷照片後對她造成的影響。在她的第一次外出與25歲的兒子Brooklyn後,報紙刊登了她的照片,還用箭頭指出她需要減重的地方。她提到這種事情可能會影響你的感覺和在公共場合的行為表現,但現在,如果狗仔隊想拍照並說些什麼 — 沒關係,這不再影響她。

Source: YAHOO

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Fed's Kashkari anticipates stable rates but leaves possibility of a rate hike open

Reported 4 months ago

Minneapolis Fed President Neel Kashkari expressed the likelihood of the Federal Reserve keeping interest rates steady for an extended period while not ruling out the potential for a rate increase. Kashkari emphasized the need for convincing evidence that inflation will return to the 2% target, and highlighted that if inflation does not decrease, other policy options remain open. The recent Fed meeting discussions and economic indicators indicate a cautious approach to rate decisions, with expectations shifting away from a rate cut this year.

Source: YAHOO

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