Business

In US trial, Musk defends his $50 bn pay deal at Tesla

Tesla tycoon Elon Musk on Wednesday defended his $50 billion pay package as CEO of the electric vehicle giant, arguing that the pioneering company was on the verge of collapse when the deal was agreed.

Business

A timeline of billionaire Elon Musk's bid to control Twitter

Elon Musk is offering to go through with his original proposal to buy Twitter for $44 billion. The offer comes just two weeks before Twitter's lawsuit seeking to force Musk to go through with the deal goes to trial in Delaware ...

Business

Amazon union could face a tough road ahead after victory

In the aftermath of their hard-won labor victory, Amazon workers in the New York City borough of Staten Island popped Champagne, cheered their victory and danced in celebration. But their jovial attitude will be tested by ...

Business

Boeing 737 MAX negligence case ends with $237.5 mn settlement

Boeing shareholders have reached a $237.5 million out-of-court settlement with the US aircraft manufacturer's current and former directors in a 737 MAX aircraft safety negligence case, according to documents released Friday.

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