Tesla shareholders have approved a groundbreaking compensation deal for Elon Musk worth up to $1 trillion. The decision, backed by 75% of voters at Thursday’s annual meeting, was met with thunderous applause and celebration. Musk, the world’s wealthiest man, must dramatically raise Tesla’s market value over the next decade to claim the full payout. If he meets every target, he will receive hundreds of millions of new Tesla shares. Critics have called the deal excessive, but Tesla’s board defended it, warning that the company could not afford to lose Musk’s leadership. Musk celebrates in Texas with confidence and energy After…
Author: Grace Johnson
President Donald Trump’s sweeping tariff program faced intense scrutiny at the Supreme Court on Wednesday, in a case that could redefine the limits of presidential power and reshape U.S. trade policy. Several conservative justices questioned the administration’s justification for the tariffs, which Trump said were necessary to revive American manufacturing and correct trade imbalances. Small businesses and multiple states challenged the measures, claiming the president exceeded his authority by imposing what they called an unlawful tax. With a 6–3 conservative majority, the Supreme Court usually takes months to issue major rulings, but observers expect a faster decision given the high…
MetLife Inc., a leading U.S. insurer, surpassed earnings expectations for the third quarter, fueled by strong returns from its private equity investments. The results reflect the company’s strategic focus on investment performance and risk management. Analysts note that private equity gains played a significant role in lifting the insurer’s profitability. These returns complemented MetLife’s core insurance operations, demonstrating the benefits of a diversified investment portfolio. The earnings beat underscores the company’s operational resilience amid economic uncertainty. Effective asset management, disciplined underwriting, and prudent financial strategies helped MetLife achieve stronger-than-expected results. MetLife’s performance also signals confidence in its long-term growth strategy.…
Tesla faces one of the most pivotal decisions in its history. As the annual general meeting approaches, the company has launched a high-profile campaign urging shareholders to approve a potential $1 trillion pay package for its CEO, Elon Musk. Digital ads champion Musk’s leadership, while the website Votetesla.com shows board chair Robyn Denholm and director Kathleen Wilson-Thompson praising him to a swelling soundtrack of triumph. But not all investors are convinced. The meeting in Austin, Texas, could turn into a referendum on Musk himself. His political statements and unpredictable management style have divided both fans and critics. On his social…
Moldova is pressing the European Union to maintain a clear accession path, with President Maia Sandu emphasizing that key benchmarks should not be postponed. Her statements reflect the country’s commitment to European integration and ongoing reforms. President Sandu highlighted the importance of a predictable and structured accession process. She noted that delays in benchmarks could slow Moldova’s progress in implementing critical reforms, affecting governance and public trust. The Moldovan government has focused on strengthening institutions, fighting corruption, and modernizing the economy. These reforms are central to meeting EU criteria and building confidence among European partners. Political analysts say that Sandu’s…
OpenAI has signed a $38 billion (£29 billion) agreement with Amazon to use its cloud computing infrastructure. The deal boosts OpenAI’s computing capacity as it accelerates the development of advanced artificial intelligence systems. OpenAI expands its technology alliances In 2025, OpenAI has finalized over $1 trillion in partnerships with Oracle, Broadcom, AMD, and Nvidia. The Amazon deal reduces its dependence on Microsoft and provides access to Nvidia’s high-performance processors through Amazon Web Services. The seven-year agreement follows a major restructure that ended OpenAI’s non-profit status and redefined its relationship with Microsoft. The changes give the company more operational independence and…
Donald Trump has dismissed concerns that the United States is preparing for war with Venezuela, while warning that Nicolás Maduro’s presidency could be nearing its end. Speaking to CBS’ 60 Minutes, Trump said: “I doubt it. I don’t think so. But they’ve been treating us very badly.” US ramps up Caribbean anti-drug operations Trump’s comments come as Washington intensifies strikes on vessels suspected of smuggling drugs in the Caribbean. Officials say the operations aim to prevent narcotics from entering the United States. Critics claim the campaign targets Maduro’s government. Trump rejected that, saying the missions serve “many purposes.” Since early…
Europe’s corporate-profit outlook for the third quarter has turned positive, with analysts now expecting year-on-year earnings growth instead of declines. The shift reflects improving business conditions and stronger operational performance across key sectors. Earnings growth is being supported by rising demand in technology, industrials, and consumer goods, as well as cost management and efficiency improvements among European firms. Analysts say this trend signals a recovery in corporate performance after a period of uncertainty. The positive outlook is encouraging for investors and market participants. Rising profits indicate that companies are navigating challenges effectively while positioning themselves for future growth. Corporate earnings…
Anfield finally erupted with joy. After a dark spell of defeats, Liverpool rediscovered their identity and rhythm. Manager Arne Slot credited the fans for helping the team find its heartbeat again. The Dutchman had been under heavy scrutiny after six losses in seven games across all competitions. But his side responded with a convincing 2-0 win over Aston Villa. Mohamed Salah and Ryan Gravenberch scored the crucial goals that ended a four-match Premier League losing streak and pushed Liverpool back up to third place. The noise, belief, and pride returned to Merseyside. The Anfield Faithful Lead the Comeback Even before…
South Korea steps into a leading AI role Nvidia will supply more than 260,000 of its most advanced AI chips to South Korea’s government and top companies including Samsung, LG, and Hyundai. The chips will power factories producing semiconductors, robots, and autonomous vehicles. Chief executive Jensen Huang said the deal allows South Korea to “export intelligence as a new product.” He did not disclose the total value of the agreements. The announcement follows a historic week for Nvidia. On Wednesday, it became the first company in history to reach a $5 trillion valuation. A day later, optimism grew that easing…