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[1/2] SpaceX Chief Engineer Elon Musk gestures during a joint news conference with T-Mobile CEO Mike Sievert at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. REUTERS/Adrees LatifCompanies Twitter Inc FollowTesla Inc FollowWILMINGTON, Del., Nov 7 (Reuters) - As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker. The disputed pay package allows Musk to buy 1% of Tesla's stock at a deep discount each time escalating performance and financial targets are met; otherwise Musk gets nothing. Does Elon Musk work for the board or does the board work for Elon Musk," said Minor Myers, a professor at UConn School of Law. Myers said if the pay package is rescinded, the board could simply create a new one and do so with McCormick's ruling to guide them.

☆ Elon Musk has added a new $78 million jet to his growing fleet of private planes. Take a look inside the Gulfstream G700, which is designed with a luxury suite and spacious bathroom.
▼ + stars: | 2022-11-02 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: 1 min

Elon Musk, the richest person in the world, is a big fan of private jets — and he just added a new jet to his collection. Adrees Latif/ReutersAccording to a June report by the Texas-based news site Austonia, Musk has placed an order for the Gulfstream G700. The G700, which was launched in October 2019, is expected to replace his current jet, the G650ER, per the report. Musk regularly travels by private plane. In 2018, the billionaire flew more than 150,000 miles on his G650ER, per flight records obtained by the Washington Post.

☆ What Cramer is watching Friday — a new wild card for Musk and Twitter, more earnings
▼ + stars: | 2022-10-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Twitter (TWTR) and Musk new wild card. A separate report in the Washington Post said Musk is planning to cut the Twitter workforce by 75%. Jeffries lowered price target for Club name Estee Lauder (EL), but maintains its buy rating. Dow Inc. (DOW) price target raised to $47 from $45 at Citi. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ How Amazon's warehouse empire reshaped the nation — and the US workforce
▼ + stars: | 2022-10-21 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +5 min

Today, we're exploring the new Insider project Warehouse Nation, and specifically, Amazon's role. The tech giant has made efficiency the cornerstone of its business, and this series examines how that's reshaped the nation and its workforce. Plus, this week has shown us that Elon Musk and Jeff Bezos have pretty much opposite views on the state of the economy (no surprise there). Elon Musk told investors that he planned to get rid of nearly 75% of Twitter's 7,500 workers, according to The Washington Post. Jeff Bezos thinks it's time to "batten down the hatches," while Elon Musk says Tesla is "pedal to the metal" on production.

☆ What Cramer is watching Thursday — Tesla slides, IBM surprises, Danaher rolls on
▼ + stars: | 2022-10-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

IBM — A truly good quarter with excellent numbers when it comes to mainframe and hybrid cloud and artificial intelligence. Club holding Danaher (DHR) beat and raise ... no slowdown, all systems go ... company says growth was broad-based across all segments of the company. Company beat top and bottom line estimates as travel demand remains strong. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Iraqi outgoing PM appoints new acting finance minister
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: 1 min

CAIRO, Oct 15 (Reuters) - Iraqi outgoing Prime Minister Mustafa al-Kadhimi appointed Hayam Nemat as acting finance minister after accepting Ihsan Abdul Jabbar's resignation, the state news agency said on Saturday. It added Nemat will fill the position until a new government is formed. Iraq’s parliament on Thursday elected Kurdish politician Abdul Latif Rashid as president, who immediately named Mohammed Shia al-Sudani prime minister-designate, ending a year of deadlock after a national election in October last year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yasmin Hussein; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

☆ Iraq Names New President, Paving Way for Next Government
▼ + stars: | 2022-10-13 | by ( David S. Cloud | Ghassan Adnan | ) www.wsj.com time to read: 1 min

Iraq’s new president, Abdul Latif Rashid, second from right, handed an assignment to form a new government to Mohammed al-Sudani in Baghdad on Thursday. BAGHDAD—Iraq’s Parliament moved Thursday to end a yearlong deadlock over forming the country’s next government, choosing an independent Kurdish politician as the new president after a rocket attack nearby failed to disrupt the proceedings. A majority of the lawmakers present in Parliament voted over two rounds to select Abdul Latif Rashid as president, a largely ceremonial post. Immediately after he was sworn in, Mr. Rashid asked Mohammed al-Sudani, a senior Shiite politician, to assemble a new government.

Newly elected Iraqi President Abdul Latif Rashid has named Mohammed Shia al-Sudani as prime minister-designate and tasked him with forming a new government in Baghdad, Iraq, October 13, 2022. Rashid, 78, was the Iraqi minister of water resources from 2003-2010. Sudani, 52, previously served as Iraq’s human rights minister as well as minister of labour and social affairs. Under a power-sharing system designed to avoid sectarian conflict, Iraq's president is a Kurd, its prime minister a Shi'ite and its parliament speaker a Sunni. Rashid’s election raises concerns about escalating tensions between the KDP and PUK, who fought a civil war in the 1990s.

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