Tesla has proposed a new $1 trillion pay package for chief executive Elon Musk, in what would be the largest compensation deal ever awarded to a corporate leader. Under the plan, Musk would receive 12 tranches of shares over the next decade if Tesla hits a series of financial, production and technological milestones. If achieved in full, the deal would ...
British companies are cutting jobs at the fastest pace in four years following Chancellor Rachel Reeves’s £25 billion payroll tax raid, according to new data from the Bank of England. The central bank’s latest decision-makers panel, which surveys around 2,000 chief financial officers, found that employment fell by 0.5% in the three months to August — the steepest decline since ...
Angela Rayner has resigned from government after the prime minister’s adviser on ministerial standards concluded she failed to pay the correct stamp duty on a second home, leaving her position untenable. The deputy prime minister and housing secretary stepped down on Thursday, hours after Sir Laurie Magnus delivered his report to Sir Keir Starmer. The investigation centred on a £40,000 ...
Senate Democrats found unlikely allies in Senate Republicans during a fiery hearing, where Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. was grilled for his stance on vaccines. Kennedy’s testimony before the Senate Finance Committee on Thursday was billed as a discussion on President Donald Trump’s healthcare agenda, but it quickly turned into a tongue-lashing from lawmakers, who ...
President Donald Trump has never played by the stale rules of Washington and Americans are grateful for it. His bold call for a 2026 pre-midterm convention is a political masterstroke that will cement America First policies, energize the Republican base, and ignite Generation Z voters. This convention is a seismic shift that sends a clear message to every politician: fight ...
Kevin Maxwell, the brother of Ghislaine Maxwell, is fighting a last-ditch legal battle to avoid bankruptcy after being pursued for almost £600,000 by administrators of collapsed investment fund Fortress Capital Partners, which has been accused of operating as a Ponzi scheme. Court filings show Maxwell, 65, applied to the High Court last week to dismiss a statutory demand from insolvency ...
Investment in British artificial intelligence (AI) companies surged to a record £2.9 billion last year, cementing the UK’s position as a global hub for cutting-edge technology and innovation. New figures show the UK now ranks second only to the United States in attracting AI investment, ahead of both China and the rest of Europe. The milestone underlines Britain’s emergence as ...
The search is on for the UK’s next generation of pioneering female leaders as Veuve Clicquot opens nominations for the 2026 Bold Woman Award. Now in its 54th year, the award is the longest-running international accolade of its kind, inspired by Madame Clicquot, one of the world’s first female entrepreneurs. In 1805, aged just 27, she took over her husband’s ...
The Trump administration asked the Supreme Court on Thursday to allow the president to fire a member of the Federal Trade Commission, after lower courts ruled he lacks the authority to remove members of independent agencies without cause. President Donald Trump moved to fire Rebecca Slaughter earlier this year, but lower courts ruled she could keep her job because the ...
Israel has 40% control of Gaza City as the Israel Defense Forces are now preparing to seize the entire area, an Israeli military spokesperson confirmed Thursday. Brig. Gen. Effie Defrin told reporters at a news briefing that his forces had already secured large neighborhoods in its latest offensive. ‘We continue to damage Hamas’ infrastructure,’ he said before adding: ‘Today we ...