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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how critiquing Elon Musk's pay package cost Charles Elson his consulting gigCharles Elson, founding director of the Weinberg Center at the University of Delaware, and Larry Hamermesh, Professor Emeritus at Widener University, join ‘Squawk Box’ to discuss Tesla as the company's shareholders prepare to vote on reinstating Elon Musk’s $46 billion pay package.
Persons: Elon, Charles Elson, Larry Hamermesh, Tesla Organizations: Weinberg, University of Delaware, Widener University, Elon Musk’s
The Hunter Biden case is an unexpected career turn for David C. Weiss, a tough, workmanlike prosecutor and commercial lawyer whose stubborn competitiveness earned him a reputation as a hard man to strike out in local softball leagues. Appointed by President Donald J. Trump, the low-key U.S. attorney for Delaware was held over in his job by the Biden administration to shield the Justice Department from accusations of political meddling. Mr. Weiss grew up in the Philadelphia suburbs, attending Cheltenham High School, whose graduates include Prime Minister Benjamin Netanyahu of Israel, the Hall of Fame slugger Reggie Jackson and the conservative commentator Mark Levin. After completing law school at Widener University in Wilmington, Del., he worked two long stints as a prosecutor in the Delaware U.S. attorney’s office on an array of cases. Those included an investigation of a businessman who pleaded guilty to campaign finance violations after illegally bundling contributions for President Biden’s failed 2008 bid for the White House.
Persons: Hunter Biden, David C, Weiss, Donald J, Trump, Biden, Benjamin Netanyahu, Israel, Reggie Jackson, Mark Levin, St . Louis, Biden’s Organizations: Justice, Cheltenham High School, of Fame, Washington University, Widener University, Delaware U.S, White Locations: Delaware, Philadelphia, St ., Wilmington, Del
But it's home to more than 60% of Fortune 500 companies, the state says, including Google parent company Alphabet, Amazon, CVS Health, and CNBC parent company Comcast. One of Delaware's major advantages is its Court of Chancery, which is a separate court system specifically for handling corporate cases. "It's a misnomer that Delaware is a tax haven for corporations," said Gigi Tewari, assistant professor at Widener University Delaware Law School. "So many people believe that, I should incorporate my business in Delaware because I'm going to save so much on corporate tax. Actually, Delaware is on the higher end for corporate tax."
Stocks plunged earlier this month after the closely watched November jobs report showed a resilient labor market. They fell again on Thursday when weekly numbers showed the number of Americans filing for unemployment benefits fell, indicating a still-tight labor market. “There’s an imbalance in the labor market between supply and demand,” he said, adding that it will take a “substantial period” to fix that imbalance. That path to the Fed’s 2% inflation target is through the jobs market. “There will be some softening in labor market conditions,” Powell said.
Super Saturday, the last Saturday before Christmas, could draw a record 158 million shoppers. But shoppers who take advantage of that extra time to buy are in for another treat: major discounts. "Retailers staring down time-limited inventory surpluses will do whatever they can to liquidate before the holiday season has expired." Shoppers could see major discounts on Super SaturdayBrandon Bell/Getty ImagesMajor retailers have been lamenting their inventory positions throughout 2022. The supply chain challenges that squeezed retail brands last holiday season have subsided, leaving a pandemic-induced hangover in their wake.
New York CNN —Stores are drowning in a glut of merchandise this holiday season, keeping the discounts fast and furious in the runup to Christmas. With Christmas Day falling on a Sunday, and Christmas Eve falling on the preceding Saturday, Super Saturday this year is on Dec. 17th. With eight days to go until Christmas Day, and drop-dead shipping deadlines approaching, people have a lot more buying to do. Well ahead of the final full weekend before Christmas, stores this year were already offering discounts of 50% to 60% off, and tacking on free shipping for online orders. “Retailers want to start selling for the next big holiday, which is Valentine’s Day,” said Davis.
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