World’s wealthiest man Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval
The net value of those shares would be $878 billion: the package is structured to exclude the value of the stock on the day the board passed the proposal in early September. Musk could either pay that amount in cash or accept fewer shares to account for their original value.
Japan’s ‘female’ leader ‘impresses’ President Trump as she grants US access to rare earth minerals
Japanese companies on the list of possible future investors included Mitsubishi Heavy Industries, Softbank, Hitachi, Murata Manufacturing and Panasonic, among others.
Twelve foreign tourists heading to Kenya’s world-famous Masai Mara National Park perish in air crash
The Kenya Civil Aviation Authority said that 12 people were on-board the Cessna Caravan-type aircraft, and authorities were investigating the cause of the crash. The breakdown of how many were passengers and crew wasn’t immediately clear
Striking Postal Corporation of Kenya workers adamant they will not call off industrial action until their salary arrears are settled
The Communication Workers Union notified relevant authorities, including the Postmaster General, the Board of Directors, the Federation of Kenya Employers, and the Central Organisation of Trade Unions about its concerns, signalling its readiness to engage stakeholders to find a lasting solution.
Trump vows never to mend ties with Musk, warns the billionaire against funding Democrats
Musk and Trump began exchanging insults on Thursday last week, as Musk denounced Trump’s bill as a “disgusting abomination.” Musk’s opposition to the measure complicated efforts to pass the legislation in Congress, where Republicans hold only slim majorities in the House of Representatives and Senate.
Costly feud: Elon Musk rants so much about government pork, but his businesses rely on state largesse
The dispute comes just a week before a planned test of Tesla’s driverless taxis in Austin, Texas, a major event for the company because sales of its EVs are lagging in many markets, and Musk needs a win.
Trump, Elon Musk brawl over contracts and impeachment as their bromance turns murky
The trouble between the two started brewing days ago, when Musk denounced Trump’s sweeping tax-cut and spending bill. The president initially held his tongue while Musk campaigned to torpedo the bill, saying it would add too much to the nation’s $36.2 trillion in debt.
