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CNN —Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth around $101 billion based on Tesla’s closing share price Monday, is made up of 303 million Tesla stock options. The package was worth around $56 billion at the time the judge threw out the package. “The large and talented group of defense firms got creative with the ratification argument, but their unprecedented theories go against multiple strains of settled law,” McCormick wrote in a scathing opinion. “There were undoubtedly a range of healthy amounts that the Board could have decided to pay Musk,” she wrote.
Persons: CNN — Elon, Chancellor Kathaleen McCormick, McCormick, Musk, , Kimbal, ” McCormick, , Tesla’s, Donald Trump’s, Trump, Vivek Ramaswamy, Chris Isidore Organizations: CNN, CNN — Elon Musk’s, Tesla, SpaceX, Neuralink, Boring Company, Republican, Government Locations: Delaware, Washington
Our best Cyber Monday deals guide has a full breakdown of great sales, including several beauty deals. Shop all Cyber Monday deals from Charlotte Tilbury. The best Cyber Monday Charlotte Tilbury dealsCharlotte Tilbury Charlotte's Beauty Chest of Love $154.00 $220.00 Save 30% Open a gem-covered drawer every other day with Charlotte’s Diamond Chest of Wonders 12-door advent calendar. View at Charlotte TilburyCharlotte Tilbury 3 Step to Beautiful Lips Kit $51.00 $85.00 Save 40% Achieve the perfect lip combo with this three-piece gift set from Charlotte Tilbury. Charlotte Tilbury products don't often go on sale, so Cyber Monday is the ultimate time to stock up and save.
Persons: Charlotte, you'll, Tilbury, Charlotte Tilbury, Charlotte’s, Charlotte Tilbury’s, Charlotte Tilbury's, It's, We've Organizations: Business, Cyber Locations: Charlotte Tilbury, Charlotte
Wall Street's fickle pendulum when it comes to the Federal Reserve has swung more decisively toward expectations for a December rate cut. It's going to depend on the inflation data. However, he noted that if inflation data continues to show signs of "stalling," he will "be supportive of holding the policy rate constant." The Fed currently targets its benchmark overnight borrowing rate in a range between 4.5% and 4.75%. That follows cuts in September and November that took the fed funds rate down by three-quarters of a percentage point altogether.
Persons: Donald Trump's, Aditya Bhave, they'll, Christopher Waller, bank's, Waller Organizations: Federal Reserve, Federal, Bank of America, Fed
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London CNN —Toomaj Salehi, an Iranian dissident rapper and activist, has been released from prison, according to a statement issued Monday by his international legal team. Salehi, 32, had been held in the Dastgerd prison in the city of Isfahan for 753 days in total, according to his team. When he was briefly released from prison last year, Salehi posted a video to social media describing how he was tortured and held in solitary confinement. “Toomaj should never have been in prison at all.”Though Salehi’s case was processed in Iranian courts, his family had the support of international lawyers. “This is a time of celebration: Our brave, brilliant client Toomaj Salehi is finally free,” Caoilfhionn Gallagher, a lawyer with the Doughty Street Chambers who is the international counsel for the Salehi family, said in a statement.
Persons: Toomaj, Salehi, , Arezou Eghbali Babadi, “ Toomaj, Doughty, Doughty Street Chambers, ” Caoilfhionn Gallagher, Gallagher, Ye, Kianoosh Sanjari, Negin Niknaam Organizations: London CNN, Iran’s, Doughty Street, Human Rights Foundation, United, Islamic Locations: Iranian, Isfahan, Kurdish, Iran, United States, London, United Nations, Europe, Australia, New Zealand, Canada, Tehran, Islamic Republic
As part of its Big Orange Box Set promotion, Nugget is offering 10% off when you purchase The Nugget play couch and Chunk ottoman together. For Cyber Week, you can save 10% when you purchase The Nugget and The Chunk play ottoman together in the Big Orange Box Set. View at Nugget What we like Check mark icon A check mark. Play couch comes in 20 colors and ottoman is available in 10Check mark icon A check mark. Waterproof liners sold separatelyCyber Monday Nugget couch FAQsWhat age is the Nugget play couch for?
Persons: Conz, It's Organizations: Business, Big
The rebel coalition consists of well-established armed Islamist factions who, despite their differences, are united in fighting Assad, ISIS and Iran-backed militias. Hayat Tahrir Al ShamThe most prominent and formidable one of those rebel groups is Hayat Tahrir Al-Sham (HTS), also known as the Organization for the Liberation of the Levant. Rebel groups were delivered a severe blow after the loss of Aleppo to the Syrian regime in 2016. Hall said Syrian groups relying on Turkey has become “problematic” as it sets its target on Kurdish controlled areas instead of the Assad regime. “Being entirely reliant on Turkey, rather than fighting the good fight for the Syrian people they’re fighting the fight for the Turkish government.
Persons: Bashar Al, Assad’s, Assad, Hayat Tahrir Al Sham, Abu Mohammad al, al, Jolani, , ” Natasha Hall, Hall, Bashar al, Mahmoud Hassano, Sham who’s, Al Sham, Ahmed al, Dalati, , ” Hall Organizations: CNN, ISIS, Hayat, Organization for, Terrorist Organization, PBS, Middle, Washington DC, Strategic, International Studies, Syrian National Army, Liberation, Sharia, , Kurdistan Workers ’ Party Locations: Russian, Aleppo, Syrian, Iran, Hayat Tahrir, al Qaeda, United States, Iraq, Syria, Qaeda, Idlib, , Assad, Turkey, Turkish
That means its ongoing Kindle Unlimited deal will leave soon, and time is running out to score 3 months for $1. Kindle Unlimited is a powerful service that, while not necessary for Kindle enjoyment, goes hand-in-hand with owning one. The best Cyber Monday Kindle Unlimited dealsAmazon Kindle Unlimited Subscription (3 Months) $1.00 $35.97 Save 97% Amazon's Kindle Unlimited offers access to millions of e-books and thousands of audiobooks as part of a monthly subscription. Best used with a Kindle e-readerCyber Monday Kindle Unlimited FAQsWhat is Kindle Unlimited? It usually costs $12 a month, making this ongoing Cyber Monday Kindle Unlimited deal an especially great call.
Persons: we've, you've Organizations: Business, Amazon, Kindle
The ExpressVPN Cyber Monday deals are especially impressive and offer savings on both one and two-year plans. One-year plans cost $99.95 and throw in four free months (buying you 16 months total), and two-year plans cost $149.70 and throw in six free months (buying you 30 months total). For additional savings opportunities, check out our guide to the best Cyber Monday deals. ExpressVPN Cyber Monday dealsExpressVPN One Year Plan (w/ 4 Extra Months Free) $99.95 $207.20 Save 52% ExpressVPN's one-year plan offers major discounts plus an extra four months free. Check out our roundup of all of the best Cyber Monday deals.
Persons: There's, VPNs, ExpressVPN, You'll Organizations: Business, Theft Insurance
Beachwaver is part of a growing influx of retailers that are flocking to TikTok Shop, the video app's shopping service. "When TikTok Shop was new and people hadn't used it yet, they would ask, 'Is this on Amazon yet?'" Le Bourgeois declined to comment on the looming TikTok ban, but a company spokesperson at the event said TikTok Shop isn't slowing down. Yay's Snacks, which makes crispy Cambodian beef jerky, was one of the earliest companies to join TikTok Shop when it launched. TikTok Shop was a big topic of conversation at a conference for Amazon sellers in New York in October.
Persons: Sarah Potempa, Potempa livestreams, Potempa, TikTok, EcommerceDB, Caila Schwartz, Mira Dix, Dix, Joe Biden, Jan, Donald Trump, Trump, CNBC's, Jeff Yass, Nico Le Bourgeois, Le Bourgeois, It's, Alibaba's, Rachel Cheng, she's, Marlin Chan, Yay's, Cheng, Craig Sjodin, Aaron Krause, Krause, influencers, Vanessa Amaro, Amaro, Dan Hughes, Rafay, Michelle Barnum Smith, Barnum Smith, I've Organizations: Base, Visual China, Getty, TikTok, Nike, Amazon, CNBC, U.S, Black, Disney ABC Television, Daddy, QVC Locations: Wuhan, China, Waukegan , Illinois, Amazon, U.S, ByteDance, Manhattan, New York
Best Cyber Monday standing desk dealsMany of our favorite tried-and-tested standing desks, including the Uplift and Flexispot desks, are on sale. View at Flexispot What we like Check mark icon A check mark. Difficult assemblyFlexispot E2 Pro Standing Desk $119.99 $289.99 Save 59% The no-frills Flexispot Standing Desk moves quickly, smoothly, and quietly to reach your desired height. View at AmazonBranch Four Leg Standing Desk $806.00 $949.00 Save 15% Branch's new Four-Legged Standing Desk is on sale for the first time ever! View at AmazonCyber Monday standing desk deal FAQsIs Cyber Monday a good time to buy a standing desk?
Persons: Pick, Secretlab Magnus, Magnus Pro, it's, We've, you'll Organizations: Business, Amazon, Branch Locations: Burrow, Branch
CNN —A crowd crush at a football match in Guinea has caused multiple casualties, the country’s prime minister has confirmed, with one social media video showing fans scrambling to get out of a packed stadium. “The government deplores the incidents that marred the football match between the Labé and Nzérékoré teams this afternoon in Nzérékoré,” Prime Minister Bah Oury said in a statement. Video geolocated by CNN showed fans scaling a wall as they tried to flee the stadium in Nzérékoré in southeastern Guinea. Doumbouya, who seized power in a 2021 coup and has installed himself as president, is eyeing a potential presidential run in elections expected to be held in 2025. Doumbouya is one of several figures who have seized power in the volatile region since 2020.
Persons: Bah Oury, , ” Oury, Mediaguinee, Mamady, Doumbouya Organizations: CNN, , AFP, Local Locations: Guinea, Nzérékoré, Doumbouya, West, Central Africa
It comes as Syria's powerful allies, Iran and Russia, are distracted with other conflicts. With Russia and Iran distracted by regional conflicts, a stagnant 13-year-long civil war in Syria has exploded into renewed violence. It's the most intense outbreak of fighting in the war since Syrian government forces, backed by Iran and Russia, drove rebels back to their strongholds in the north eight years ago, and a stalemate developed. "Israel has changed the balance of power in the region by going on this all-out war on the axis of resistance." Meanwhile, Russia, whose 2015 entry into the Syrian Civil War was crucial in propping up the Assad regime, has problems of its own.
Persons: Tahrir, Sham, Bashar al, Assad, who've, that's, Joshua Landis, Charles Lister, it's Organizations: Rebels, Syrian Observatory, Human Rights, University of Oklahoma, New York Times, Middle East Institute, Turkey Locations: Syria, Hayat, Aleppo, Iran, Russia, Hama, Idlib, Sunday, Israel, Syrian, Tunisia, Egypt, Gaza, Lebanon, Tehran, Ukraine
A Fidelity fund has boosted the value of its shares in xAI by 70%, according to filings. The fund also boosted the value of its shares in Musk-owned social media platform X by 32.4%. Fidelity increased the value of its shares in two Elon Musk-owned companies in October, social media platform X and startup xAI, according to filings. Last month, the fund valued its xAI shares at $44,152,362, or $11.96 each. Fidelity also bumped up the value of its X shares to $5,530,358 in October, according to the November filing.
Persons: Elon Musk's xAI, Elon Musk, xAI, Musk, Donald Trump's, Andreessen Horowitz, OpenAI Organizations: Elon, Fidelity, Growth, Qatar Investment Authority, Sequoia Capital, Wall Street Journal, Trump, firm's, Fund Locations: xAI, OpenAI
AdvertisementRussia's labor shortage has businesses turning to teens and retirees to fill positions. The nation was short around 5 million workers last year, Russia's Academy of Sciences estimated. That adds to last year's 289% increase, with openings for young workers rising from 14,500 to 42,000, the analysis found. The nation is short around 2 million workers, Bloomberg reported, citing an analysis from FinExpertiza, one of the nation's largest auditors. Last year, the Russian Academy of Sciences estimated the nation was short around 5 million workers.
Persons: Putin Organizations: Russia's Academy of Sciences, Bloomberg, Russia's, Russian Academy of Sciences Locations: Russian, Ukraine, Russia
AdvertisementIntel CEO Pat Gelsinger is out of the top spot after a challenging 4-year tenure. On Monday morning, Intel employees joined an all-hands meeting after receiving an email invite at 5 a.m. PT. Being CEO of Intel was Pat Gelsinger's dream since he joined the company as a teenager in 1979. But no one at the top has the technical expertise of Gelsinger, which Intel employees pointed out in their questions. No one has been a closer witness to this roller coaster than Intel employees, who have seen multiple waves of layoffs and buyouts.
Persons: Pat Gelsinger, David Zinsner, Michelle Johnston Holthaus, unravels ChatGPT, isn't, Pat Gelsinger's, Alvin Nguyen, Forrester, Gelsinger, Zisner, Holthaus, Intel's, Edward Jones, Said, Frank Yeary, Bernstein, Vivek Arya, Daniel Newman, Logan Purk, Pat, Emma, ecosgrove Organizations: Intel, Bloomberg, Department of Commerce, Nvidia, Gaudi, Bank of America
Norway's Prime Minister Jonas Gahr Store gives a speech during the Autumn 2024 conference of Equinor, a Norwegian multinational energy company, in Oslo, Norway on November 26, 2024. Norway has shelved plans to open a vast ocean area at the bottom of the Arctic for commercial-scale deep-sea mining. Norwegian Prime Minister Jonas Gahr Støre described the move as a "postponement," Reuters reported Sunday, citing comments delivered to private broadcaster TV2. Støre leads Norway's center-left Labor Party, which is the senior party in a minority government coalition with the Center Party. The practice of deep-sea mining involves using heavy machinery to remove minerals and metals — such as cobalt, nickel, copper and manganese — from the seabed, where they build up as potato-sized nodules.
Persons: Jonas Gahr, Jonas Gahr Støre, Støre Organizations: Norway's, Socialist Left Party, Reuters, TV2, Labor Party, Center Party Locations: Norwegian, Oslo, Norway, Norway's, Germany, Britain, Canada, Mexico
For millions of people across the globe, these words form part of a bigger movement: culture, and it all starts on TikTok. So, for brands, the challenge isn't simply to follow trends but to embed themselves meaningfully within these cultural conversations. On a platform where creativity reigns, the brands that take risks and facilitate culture are the ones that thrive. Trends are a powerful driver of culture — just ask KFC, whose TikTok Ad Award-winning campaign turned viewers into advocates. TikTok provides a unique platform to supercharge engagement and achieve cultural relevance.
Persons: Moo Deng, Nielsen, TikTok, Alex Whitlock Organizations: Finance, WARC, Peugeot, Burberry, KFC, Insider Studios Locations: TikTok
Sentencing in the NY hush-money case has been indefinitely delayed by this latest dismissal bid. His hush-money case should therefore be immediately dismissed, and his 34 felony convictions wiped clean, his lawyers said last month that they plan to argue. Just how Trump leaps from presidential immunity to president-elect immunity has yet to be fleshed out. Jane Rosenberg/Pool Photo via APThe argument that a president-elect has immunitySo why does Trump believe he enjoys presidential immunity from prosecution even now, as president-elect? Advertisement"President Trump has already commenced this complex, sensitive, and intensely time-consuming process," the two lawyers wrote of the transition on November 8.
Persons: Trump, Donald Trump, Juan Merchan, Stormy Daniels, DANY's, Todd Blanche, Emil Bove, Blanche, Attorney Alvin Bragg, Bragg, , SCOTUS, Jane Rosenberg, Bove, Jack Smith, Trump's, Justin Lane Organizations: US, New, Trump, Manhattan, Attorney's Office, District, Attorney, Prosecutors, New York Locations: New York, Bove, Manhattan
Paris CNN —French lawmakers said they had introduced a motion of no confidence against Prime Minister Michel Barnier on Monday, setting up a vote that could see the far right topple his government within days. However, that maneuver in turn grants lawmakers the opportunity table no-confidence motions against him – and lawmakers on the left, who have repeatedly vowed to bring down Barnier’s government, did just that. She added a warning to French President Emmanuel Macron, writing: “We have tabled a motion of no confidence. “We are going to support this no confidence vote because the French have had enough of being mistreated. They thought things would change with Barnier, but it’s worse,” Le Pen told reporters on Monday.
Persons: Michel Barnier, Barnier, centrists, , ” Mathilde Panot, Emmanuel Macron, Macron, , Le Pen, Pen Organizations: Paris CNN —, European Commission Locations: Greece, Brussels
If you've been eyeing the lululemon's impossibly soft leggings, ubiquitous colorful belt bag (which we consider the best belt bag), or high-quality yoga wear, you're in luck. Read on for our top picks of the sale, and be sure to check out our guide to the best Cyber Monday deals from across the internet, which we're keeping updated throughout the weekend. The best Cyber Monday lululemon belt bag specialsIf we had to choose just one product to scoop up from lululemon, it would be one of the brand's belt bags. View at lululemonThe best Cyber Monday lululemon men's apparel findsWhile primarily known for its women's apparel, lululemon also makes stellar men's styles with the same thoughtful technical design. Check out our roundup of all of the best Cyber Monday deals.
Persons: you've, lululemon Organizations: Business Locations: lululemon, Jersey
The retired detective was accused of using his position as a police officer in Kansas City, Kansas, to sexually assault vulnerable Black women over the course of decades. Prosecutors said in court filings that Golubski hand-picked his victims because he was confident they would never be believed. The second case accused him of being in cahoots with a drug kingpin in the sex trafficking of underage girls. Developments were chronicled on the front pages of the local newspaper, The Kansas City Star, and resulted in a crusading newspaper columnist winning one of journalism’s highest honors — a Pulitzer Prize. “This trial will turn entirely on victim credibility,” prosecutors wrote in a court filing last year.
Persons: CNN —, Roger Golubski, Golubski, Chris Joseph, Joseph, Prosecutors, Lamonte McIntyre, , Jay, Roc, ” Prosecutors, Golubski’s, , Kristen Clarke, Kate E Organizations: CNN, Authorities, Golubski, Kansas City, Kansas City Star, , FBI, Department of Justice’s Civil Rights Division, U.S, District of Locations: Kansas, Topeka, Kansas City , Kansas, Washington, District of Kansas
The 2024 Paramount Plus Cyber Monday deals offer the same low price on both tiers of Paramount Plus. Paramount Plus Cyber Monday dealsParamount Plus Essential (Monthly Plan) $2.99 $7.99 Save 63% Paramount Plus is perfect for viewers who want to stream CBS TV shows, local NFL games, and tons of content from Nickelodeon, Comedy Central, BET, and MTV. View at ParamountFAQWho is eligible for the Paramount Plus Cyber Monday deals? What are the differences between Paramount Plus Essential and Paramount Plus with Showtime? The Paramount Plus Essential plan costs $60 per year, and the Paramount Plus with Showtime plan costs $120 per year.
Persons: you've, Dexter, It's, we've Organizations: Business, Paramount, Paramount Plus, Showtime, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, UEFA Champions, UEFA Champions League
Following Monday's trade, Jim Cramer's Charitable Trust will own 235 shares of MSFT, decreasing its weighting to roughly 2.85% from 3.12%. As a result of the rally, heading into the seasonably strong month of December, the market has become overbought, according to the S & P 500 Short-Range Oscillator . The Oscillator, which tracks trading momentum, climbed to plus 5.5.% after Friday's session Reading the Oscillator A reading above plus 4% indicates an overbought market that could be due for a rest or consolidation. When the stock market goes on a run like this and pushes into overbought territory, our discipline kicks in and we trim positions that have moved up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer's, Donald Trump, OpenAI, Jim Cramer, Jim Organizations: Microsoft, CNBC Locations: Copilots
Bonobos Fireside Flannel Lined Chinos $90.30 $129.00 Save 30% Bonobos took the stellar fit of its iconic chinos and then upgraded them with a cozy lining. View at BonobosBonobos Gramercy Premium Jeans $104.30 $149.00 Save 30% Yes, Bonobos does jeans as well as they do chinos. View at BonobosBonobos Cyber Monday sale FAQsWhen does the sale start and end? The Bonobos Cyber Monday sale starts and ends on December 2. Check out our roundup of all of the best Cyber Monday deals.
Persons: suiting, we've, Bonobos, Washable Organizations: Business, Chino, Bonobos, Oxford Locations: chino, Cashmere, Cardigan
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