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By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was first …

Exclusive-Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package Read More »

By Hyunjoo Jin, Ross Kerber and Tom Hals SAN FRANCISCO (Reuters) -Tesla will use Thursday’s strong support for Elon Musk’s $56 billion pay package to try to win over a Delaware judge that invalidated his 2018 agreement, the company’s board president said Friday. The long process to reaffirm the largest-ever corporate pay package ended Thursday, …

Tesla plans to leverage Elon Musk’s big pay win in Delaware court battle Read More »

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms will not launch its Meta AI models in Europe for now after the Irish privacy regulator told it to delay its plan to harness data from Facebook and Instagram users, the U.S. social media company said on Friday. The move by Meta came after complaints and a …

Meta pauses AI models launch in Europe due to Irish request Read More »

(Reuters) -Coca-Cola and Starbucks have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting in response to Moscow’s invasion of Ukraine in 2022, domestic business newspaper Vedomosti reported. Coca-Cola filed three trademark applications in April, Vedomosti said, citing documents on the website of Russian intellectual property agency Rospatent. “Intellectual …

Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports Read More »

BORGO EGNAZIA, Italy (Reuters) – French President Emmanuel Macron said on Friday he was hopeful that decisions on the top jobs for the next European Commission could be decided next week. European Union leaders meet on Monday for an informal summit where they will discuss jobs, including the chairman of EU leaders’ summits and the …

France’s Macron hopes to have deal on top EU jobs quickly Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration is investigating whether false or incorrect documents were used to verify the authenticity of titanium used in some recently manufactured Boeing jets, the agency said. The New York Times, which first reported the issue on Friday, said the FAA is also investigating the authenticity of …

FAA investigating titanium used in some Boeing, Airbus jets Read More »

(Reuters) – Barclays suspended on Friday its sponsorship of all Live Nation music festivals in 2024 after various acts dropped out in protest over the bank’s links to defense companies that work with Israel. The suspension includes upcoming Live Nation festivals across the UK this summer, including Latitude, Download and the Isle of Wight. “The …

Barclays suspends sponsorship of Live Nation music festivals after protests Read More »