Elon Musk is facing a shareholder lawsuit in the Delaware Chancery Court over his executive compensation, and a Tesla Inc. TSLA board director, who testified on Monday, strongly defended the billionaire. What Happened: Ira Ehrenpreis, who has been serving as a director on the electric vehicle makers board since 2007, testified on the first day
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close video Is Boom Supersonic the answer to America’s ‘flightmare’? Boom Supersonic founder and CEO Blake Scholl unveils his plan to disrupt the airline industry on ‘The Claman Countdown.’ The Department of Transportation announced Monday that six airlines were slapped with fines and collectively paid more than half a billion dollars to travelers who were
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The unknown individual who allegedly hacked thenow-defunct FTX exchangeFTT/USD late Friday still holds $339 million of digital assets. What Happened: According to blockchain intelligence firm Arkham Intelligence, the hacker holds $215 million worthEthereumETH/USD , $48 million worth ofMakersstablecoinDAIDAI/USD , $44 million worth ofBinance'snative token BNB/USD , $4 million worth ofTetherUSDT/USD and $3.8 million worth ofPolygonMATIC/USD
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Astronomers have discovered a black hole as it spaghettified a hapless star.   The intermediate-size black hole, located 850 million light-years from Earth in the galaxy SDSS J152120.07+140410.5, snared and shredded the star after it wandered too close, sending out a powerful beam of light that astronomers used to locate it.  Researchers spotted the flare,
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surprised that Tesla did as well as it did,” Munger said in an interview with CNBC’s Becky Quick that
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Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart shares surged 6.9% in the premarket after the retailer reported better-than-expected quarterly profit and revenue, and also saw comparable store sales exceed estimates. Walmart also announced a $20 billion share repurchase program. related investing news Dan Loeb’s Third Point
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The City of Rochester, New York, and its former finance director Rosiland Brooks-Harris have denied all wrongdoing following the Securities and Exchange Commission’s June complaint that the city, Brooks-Harris and the former Rochester City School District CFO mislead investors and provided outdated financials in connection with a $119 million bond offering in 2019. In a separate complaint,
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Binance CEO Changpeng "CZ" Zhaoslatest announcement on Twitter has triggered a rebound in the prices of Bitcoin BTC/USD , Ethereum ETH/USD and other cryptocurrencies. What Happened: CZ said hes forming an industry recovery fund to support strong companies and projects that are struggling with liquidity in the aftermath of the collapse of FTX, saying he
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