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"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.A court in Vietnam has upheld a death sentence for a real estate tycoon after rejecting her appeal against a conviction for embezzlement and bribery, state media reported. Truong My Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group (VTP), was sentenced to death in April for her role in a financial fraud worth more than $12bn, Vietnam's biggest on record. The 68-year-old chair of VTP was found guilty of embezzlement, bribery and violations of banking rules following a month-long trial. Lan and her accomplices were charged with illegally controlling the Saigon Joint Stock Commercial Bank (SCB) between 2012 and 2022 to siphon off funds through thousands of ghost companies and by paying bribes to government officials. From early 2018 to October 2022, when the state bailed out SCB after a run on its deposits, Lan appropriated large sums by arranging unlawful loans to shell companies, investigators said. Vietnamese news outlet VnExpress reported that if Lan can return three-quarters of the money embezzled while on death row, it is possible the sentence could be commuted to life imprisonment. According to the outlet, the prosecution said on Tuesday: "The consequences Lan caused are unprecedented in the history of litigation and the amount of money embezzled is unprecedentedly large and unrecoverable. More from World Ceasefire 'victory' looks bleak as Hezbollah bodies exhumed from makeshift mass graves Syria says its strikes with Russia have killed at least 400 insurgents over past 24 hours Israel threatens to 'respond with force' after Hezbollah fires towards IDF in 'ceasefire violation' "The defendant's actions have affected many aspects of society, the financial market, the economy." This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app . You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.PNC Financial Services Group Inc. Purchases 8,542 Shares of Electronic Arts Inc. (NASDAQ:EA)
QB Josh Allen and coach Sean McDermott deserve credit in Bills latest AFC East-clinching seasonORONO, Maine (AP) — Christopher Mantis helped lead Maine past Holy Cross on Sunday with 17 points off of the bench in an 80-55 win. Mantis had five rebounds for the Black Bears (3-3). Quion Burns scored 16 points and added eight rebounds. AJ Lopez went 6 of 13 from the field (2 for 6 from 3-point range) to finish with 14 points. The Crusaders (4-3) were led in scoring by DeAndre Williams, who finished with 12 points. Joe Nugent added 11 points for Holy Cross. Caleb Kenney had 10 points. Maine took the lead with 11:42 left in the first half and did not relinquish it. The score was 35-26 at halftime, with Burns racking up nine points. Maine pulled away with a 19-3 run in the second half to extend a seven-point lead to 23 points. They outscored Holy Cross by 16 points in the final half, as Lopez led the way with a team-high 12 second-half points. NEXT UP Both teams play on Friday. Maine squares off against Elon and Holy Cross travels to play Virginia. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .An online debate over foreign workers in tech shows tensions in Trump’s political coalitionWild first season in expanded Big 12 comes down to final weekend
Japanese Prime Minister Shigeru Ishiba will visit Malaysia and Indonesia from Jan 9 to 12, to deepen cooperation with the Southeast Asian nations toward realizing a rules-based, free and open Indo-Pacific, the top government spokesman said Friday. During his trip, he is expected to hold talks with Malaysian Prime Minister Anwar Ibrahim and Indonesian President Prabowo Subianto, Chief Cabinet Secretary Yoshimasa Hayashi told a press conference. Malaysia serves as the chair of the Association of Southeast Asian Nasions next year. "It's essential that Japan strengthens ties with countries in Southeast Asia" located near key sea lanes and seen as a growth engine, Hayashi said. "We hope that the meetings will help build personal ties between the leaders and serve as an opportunity to boost bilateral economic and security ties and confirm coordination over various global challenges," he added. Since taking office in October, Ishiba has traveled overseas to attend a series of multilateral gatherings, but this will be the first time to do so solely for the purpose of bilateral talks.
Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk
It’s almost time for Spotify Wrapped. When can you expect your 2024 recap?NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of iLearningEngines, Inc. (NASDAQ: AILE). Shareholders who purchased shares of AILE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ilearningengines-loss-submission-form/?id=113431&from=3 CLASS PERIOD: April 22, 2024 to August 28, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company’s “Technology Partner” was an undisclosed related party; (2) the Company used its undisclosed related party Technology Partner to report “largely fake” revenue and expenses; (3) as a result of the foregoing, the Company significantly overstated its revenue; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. DEADLINE: December 6, 2024 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ilearningengines-loss-submission-form/?id=113431&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AILE during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is December 6, 2024. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: dg@securitiesclasslaw.com Phone: (646) 453-8903
Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office NEW YORK (AP) — President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China as one of his first executive orders. The tariffs, if implemented, could dramatically raise prices for American consumers on everything from gas to automobiles to agricultural products. The U.S. is the largest importer of goods in the world, with Mexico, China and Canada its top three suppliers. Trump’s latest tariff plan aims at multiple countries. What does it mean for the US? WASHINGTON (AP) — President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. On Monday, Trump sent shockwaves across the nation’s northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as part of his effort to crack down on illegal immigration and drugs. Trump said he will impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders. Canadian officials blast Trump's tariff threat and one calls Mexico comparison an insult TORONTO (AP) — Some Canadian officials have blasted President-elect Donald’s Trump’s threat to impose sweeping tariffs. The leader of Canada's most populous province on Tuesday called Trump’s comparison of Canada to Mexico “the most insulting thing I’ve ever heard.” Trump has threatened to impose tariffs on products from Canada, Mexico and China as soon as he takes office in January as part of efforts to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the U.S. from Canada and Mexico. Canadians say their economy and the U.S. one are deeply intertwined and Americans would feel tariffs, too. Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans WASHINGTON (AP) — Millions of obese Americans would be eligible to have popular weight-loss drugs like Wegovy or Zepbound covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday morning. The proposal, which would not be finalized until after President-elect Donald Trump takes office, could cost taxpayers as much as $35 billion over the next decade. It would give millions of people access to weekly injectables that have helped people shed pounds so quickly that some people have labeled them miracle drugs. Stock market today: Wall Street hangs near its records despite tariff talk NEW YORK (AP) — U.S. stocks are hanging near their records on Tuesday as Wall Street takes Donald Trump’s latest talk about tariffs in stride. The S&P 500 rose 0.4% in Tuesday afternoon trading and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average lost 49 points from its own record set the day before, while the Nasdaq composite rose 0.6%. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Treasury yields rose modestly in the bond market. What Black Friday's history tells us about holiday shopping in 2024 NEW YORK (AP) — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The annual sales event no longer creates the midnight mall crowds or doorbuster mayhem of recent decades, in large part due to the ease of online shopping and habits forged during the COVID-19 pandemic. Hoping to entice equivocating consumers, retailers already have spent weeks bombarding customers with ads and early offers. Still, whether visiting stores or clicking on countless emails promising huge savings, tens of millions of U.S. shoppers are expected to spend money on Black Friday itself this year. Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused ATLANTA (AP) — President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory. The announcement Tuesday comes less than two months before Donald Trump becomes president again. It’s unclear whether the Biden administration can complete the loan in that time, or whether the Trump administration might try to claw the money back. Rivian announced a $5 billion Georgia factory in 2021. But the startup automaker couldn't meet production targets and rapidly burned through cash. The company paused construction of the Georgia plant in March. The company now says its plans for producing electric vehicles in Georgia are back on. US consumer confidence ticks higher on better outlook for hiring WASHINGTON (AP) — Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked up to 111.7 from 109.6 in October. The small uptick followed a large gain in October. Small business owners breathe easier over labor costs after decision to strike down overtime rule Small business owners have had a mostly positive reaction to a judge’s decision to strike down an overtime rule that would have qualified more workers for overtime pay. On Nov. 15, a federal judge in Texas blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. Nearly all hourly workers in the U.S. are entitled to overtime pay after 40 hours a week. But many salaried workers are exempt from that requirement — unless they earn below a certain level. Will Trump's return lead to a new wave of bestselling books? NEW YORK (AP) — Donald Trump is coming back to the White House, but don't expect another “Fire and Fury,” or much fire and fury in book publishing in general. Authors and publishers doubt that the reading public will snap up Trump-related works in the same way it did the first time around. Among the skeptics is Mary Trump. As Donald Trump's niece and author of the bestselling takedown “Too Much and Never Enough” told The Associated Press in a recent interview, “What else is there to learn?” Bob Woodward has written several Trump-related books and now wonders what he's to write about next.Board of Regents gives go-ahead for UM college restructureAmon-Ra St. Brown to Miss Thanksgiving Game Against Bears Due to Injury
Through all the upsets, unexpected rises and falls, there are nine teams still in the mix to play in the conference championship game. No. 14 Arizona State and No. 17 Iowa State have the best odds, yet a multitude of scenarios could play out — 256 to be exact. There's even the possibility of an eight-team tie. It may take a mathematician to figure out which teams are in the Dec. 7 game in Arlington, Texas — even for the ones who win. Star power Travis Hunter, Colorado. The Buffaloes' two-way star has excelled on both sides of the field, making him one of the favorites to win the Heisman Trophy. Cam Skattebo, Arizona State. The senior running back can do a little of everything, but excels at punishing would-be tacklers. He's one of the nation's leaders in yards after contact and the focal point of the Sun Devils' offense. Shadeur Sanders, Colorado. If it weren't for Hunter, Sanders might be the Heisman favorite. The son of coach Deion Sanders, Shedeur is fifth nationally with 3,488 yards passing and has been a big part of the Buffaloes' turnaround. DJ Giddens, Kansas State. The Wildcats' running back is one of the nation's most versatile players. He is ninth nationally with 1,271 rushing yards and has added 21 receptions for 258 yards. Tetairoa McMillan, Arizona. The Wildcats have struggled this season, but McMillan has not. He is third nationally with 1,251 receiving yards with seven touchdowns on 78 catches. Jacob Rodriguez, Texas Tech. The Red Raiders' junior linebacker leads the Big 12 with 68 tackles, averaging 10.2 per game. He also has four sacks. Brendan Mott, Kansas State. He's a menace to opposing quarterbacks, leading the Big 12 with 8 1/2 sacks. Going bowling The Big 12 has nine teams already bowl eligible and two more a win away. The winner of the Big 12 championship game will be in the mix for a College Football Playoff spot. Arizona State, Iowa State, No. 19 BYU, Colorado, Kansas State, Baylor, TCU, Texas Tech and West Virginia have already clinched bowl berths. Kansas and Cincinnati can get into the postseason with wins this weekend. Hot seats Gus Malzahn, UCF. Despite successes in recruiting, the Knights are 10-14 in two seasons since moving to the Big 12. Maybe not enough to get shown the door this year, but another mediocre season could lead UCF to make a change. Kyle Whittingham, Utah. Whittingham was one of the Pac-12's best coaches, leading the Utes to consecutive conference titles. Utah was expected to contend for the Big 12 title its first year in the league, but enters the final weekend 1-7 in conference play, which could push Whittingham toward retirement since it's doubtful he'd be fired. Neal Brown, West Virginia. The Mountaineers' coach was in a precarious spot at the end of last season and West Virginia hasn't lived up to expectations this season. The Mountaineers are eligible to go to a bowl game for the second straight season, but Brown could be on the hot seat even after signing a contract extension before the season. Youth movement Josiah Trotter, West Virginia. The redshirt freshman is the latest Trotter to have success at the linebacker position, following the footsteps of his father, former Philadelphia Eagles player Jeremiah Trotter, and brother Jeremiah Trotter Jr., a current Eagles linebacker. Sam Leavitt, Arizona State. The Michigan State transfer has been just what the Sun Devils' needed: an agile quarterback who extends plays with his legs and rarely makes bad decisions. Bryson Washington, Baylor. The Bears' running back has rushed for 812 yards — 196 against TCU — and 10 TDs. Recruiting watch TCU has the Big 12's highest rated 2025 recruiting class with six four-star players among 26 commitments, according to the 247 Sports composite. Receiver Terry Shelton of Carrollton, Texas, is the highest-rated recruit at 71st nationally. Baylor is next with five five-star players among its 20 commitments, including running back Michael Turner, rated 13th at his position out of North Richland Hills, Texas. Texas Tech is ranked seventh in the Big 12, but has four four-star recruits.NEW YORK and SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM) , a leading provider of secondary liquidity solutions to private companies, employees, and investors, announced today that it has promoted Rotem David , Parul Dubey, Sharif Khaleel , and Chris Setaro to new roles on its Executive Leadership Team. Rotem David has been promoted to Chief Product and Technology Officer (CPTO) . At NPM, he is an active member of the company's Executive Leadership Team. In Mr. David's new role, he will lead NPM's product and technology divisions worldwide, responsible for setting and executing the product roadmap as well as effectively bridging the gap between product vision and technical feasibility. He will oversee tech infrastructure, engineering, QA, and product. Mr. David has spent more than 10 years building out NPM's portfolio of products which offers liquidity and data across various transaction and client types. Prior to NPM, he held lead engineering roles at SecondMarket and Nasdaq, Inc and is credited with helping to pioneer the first tender offer solution revolutionizing the way private companies provide secondary liquidity to their shareholders. Parul Dubey has been promoted to Managing Director and Head of the Private Client Group . In her new role, she now joins the Executive Leadership Team. Ms. Dubey will lead the development of NPM's retail business to service individuals, family offices, and mid-sized entities. Previously, she was General Manager of the Capital Markets division, where she helped build the business from inception. Ms. Dubey was instrumental in launching several capstone products, including buy-side auctions and SecondMarketTM. Prior to NPM, she worked at Wellington Management as an Investment Specialist responsible for global fund launches and distribution for private equity and healthcare hedge funds. Ms. Dubey also held investment roles at a buyout firm and served on the Board of Steven Feller P.E. (a portfolio company). She started her career at PIMCO, servicing managed separate accounts for sovereign wealth funds, central banks, and family offices in the Middle East and Africa. Sharif Khaleel has been promoted to Managing Director and Head of Institutional Trading . At NPM, he is an active member of the company's Executive Leadership Team. In his new role, Mr. Khaleel will lead the trading desk, overseeing relationships with institutional clients and broker-dealers. He has nearly 25 years of financial services experience. Prior to NPM, Mr. Khaleel was a Managing Director at Zanbato, where he specialized in executing institutionally sized blocks of private securities. Earlier in his career, he served as a Senior Portfolio Trader at BNY Mellon. Mr. Khaleel has also held various roles on the buy side, including Derivatives and Risk Analyst at Stillwater Investment Management, Senior Trader at Farallon Capital Management, and International Portfolio and Macro Trader at BlackRock, where he spent over four years. Chris Setaro has been promoted to Chief Compliance, Regulatory, and Risk Officer . At NPM, he is an active member of the company's Executive Leadership Team. Mr. Setaro will now oversee all compliance, regulatory affairs, and risk management functions for the company worldwide. Prior to NPM, he was a Senior Vice President and the Head of Global Risk at Forge Global Inc. Previously, Mr. Setaro was the Global Chief Compliance Officer of SharesPost, Inc. and Chief Compliance Officer for its broker-dealer subsidiary SharesPost Financial Corporation. Earlier in his career, he was a Vice President at Nasdaq, Inc. serving as the Chief Compliance Officer for several of its broker-dealers. "As our business continues to evolve, we are focused on adding talented people and valuable resources to strengthen our company and core products. I am confident that Rotem, Parul, Sharif, and Chris will each position us for continued success and accelerate our ambitions to be a key partner to participants across the private market ecosystem," said Tom Callahan, Chief Executive Officer, Nasdaq Private Market . "I am proud of their commitment to NPM thus far and look forward to their future contributions." NPM partners with some of the world's fastest-growing, venture-backed private companies to facilitate company-sponsored liquidity programs. Its electronic SecondMarket TM trading marketplace is gaining adoption by sellers and buyers who trade private company shares. The company's Transfer and Settlement product efficiently manages share transfer activity from match through settlement for some of the most sophisticated private companies and investors. Its private market premium data product Tape DTM helps investors and entities better evaluate global investment opportunities. As an industry-leading provider in the secondary market, NPM has executed $55+ billion in transactional value across 760+ company-sponsored liquidity programs for venture-backed private companies as well as 200,000+ individual eligible shareholders and investors. About Nasdaq Private Market Nasdaq Private Market provides liquidity solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. In 2013, the company was founded within Nasdaq, Inc. Today it is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo. Learn more at www.nasdaqprivatemarket.com . Visit LinkedIn and X for the latest company news. Media Contacts Nasdaq Private Market Amanda Gold Chief Marketing Officer Amanda.Gold@npm.com Disclosures and Disclaimers NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: https://www.nasdaqprivatemarket.com/disclosures-disclaimer/ © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys, who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price.At some point, the Mets might have to relent and sign top pitchers for more than 1-2 years.
Dolphins coach Mike McDaniel says he was surprised by reports of Shaq Barrett's unretirement planBy RANDALL CHASE DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive , who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price. Following the original court ruling, Tesla shareholders Musk’s 2018 pay package for a second time, again by an overwhelming margin. Defense attorneys then argued that the second vote makes clear that Tesla shareholders, with full knowledge of the flaws in the 2018 process that McCormick pointed out, were adamant that Musk is entitled to the pay package. They asked the judge to vacate her order directing Tesla to rescind the pay package. McCormick, who seemed skeptical of the defense arguments during an August hearing, said in Monday’s ruling that those arguments were fatally flawed. “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 103-page opinion. The judge noted, among other things, that a stockholder vote standing alone cannot ratify a conflicted-controller transaction. “Even if a stockholder vote could have a ratifying effect, it could not do so here due to multiple, material misstatements in the proxy statement,” she added. Musk expressed his disagreement with the ruling in a post on X, the social media platform he owns. “Shareholders should control company votes, not judges,” he wrote. Meanwhile, McCormick found that the $5.6 billion fee request by the shareholder’s attorneys, which at one time approached $7 billion based on Tesla’s trading price, went too far. “In a case about excessive compensation, that was a bold ask,” McCormick wrote. Attorneys for the Tesla shareholder argue that their work resulted in the “massive” benefit of returning shares to Tesla that otherwise would have gone to Musk and diluted the stock held by other Tesla investors. They value that benefit at $51.4 billion, using the difference between the stock price at the time of McCormick’s January ruling and the strike price of some 304 million stock options granted to Musk. While finding that the methodology used to calculate the fee request was sound, the judge noted that the Delaware’s Supreme Court has noted that fee award guidelines “must yield to the greater policy concern of preventing windfalls to counsel.” “The fee award here must yield in this way, because $5.6 billion is a windfall no matter the methodology used to justify it,” McCormick wrote. A fee award of $345 million, she said, was “an appropriate sum to reward a total victory.” The fee award amounts to almost exactly half the in legal fees awarded in 2008 in litigation stemming from the collapse of Enron.
Stopping for a pot of tea and cake or meeting with friends for a coffee and a chat have become a way of life for many people, but while some prefer to head to a big name chain, others prefer to seek out a unique independent coffee stop as their café of choice. And while a café in a castle is not a new idea, as most now have some type of refreshment on offer for visitors who have enjoyed exploring the towers and spiral staircases, battlements and dungeons, there is one cute café that might have slipped your notice. If you live in or around Cardiff or like to visit the capital, there is one tucked away tearoom happily welcoming regulars, dog walkers and even people on horseback to try their cake and light lunch menu. Castell Coch is a Grade I listed fairytale castle nestled into a wooded hillside that looks out over the capital. Built on the ruins of a medieval castle that was mostly destroyed in the Welsh rebellion of 1316, the castle is the creative vision of architect William Burges, also heavily involved in the design of the Victorian sections of Cardiff Castle. It was built for the wealthy Third Marquess of Bute as a place for partying and entertaining guests. Find out more about the history and see inside the castle here . For more property, renovation and interior design stories sent to your inbox twice a week sign up to the property newsletter here . READ MORE: 'I went to a fairytale castle in the woods for the first time in 30 years and couldn't believe the changes' YOU MIGHT ALSO LIKE: Inside mansion with mini castle in the garden and which once hosted a king Now the castle on the edge of the village of Tongwynlais is owned and maintained by Cadw and open to visitors all year round, with a few exceptions for national holidays and from January 6 to 21 for its annual deep clean. There are plenty of rooms and towers to explore, as well as the surrounding woodland, but surely every castle these days needs to feed as well as entertain its visitors? At first glance, when entering the castle, you might not realise that yummy cake, delicious soup, a variety of paninis, coffees and teas are on offer and now not just to castle visitors but, during specific times, to local residents and people who are passing who just want a brew and a cake and not a tour. Lew's Coffee Shop Yn Y Castell is hidden away at the base of the Keep Tower, accessed through a cute, arched doorway. Once you're inside this tower room there's a cosy and welcoming ambience that instantly cocoons you due, to some degree, to the combination of wooden beams, quarry floor tiles, large range in the fireplace, and vintage-style chairs. But don't underestimate the value of the welcome and service you get from two of the four main staff members that run and work in the café - supervisors Dewi Rees and Iestyn Jones and baristas Matthew Teixeira and Conor Harvard. Every day a team of two welcomes visitors to the castle café and most days they are, at some point, struck by the uniqueness of their place of work. Iestyn says: " It’s not every day you turn up to work and it’s a castle, it was a bit mind-boggling to begin with; you drive up and here you are at work and you're crossing a drawbridge, it’s very different but it’s great fun." Iestyn says that when he tells people where he works a lot of the time people don't even realise there is a café in this cute red castle, he says: "They are quite surprised that we run our own café in this building and you do tend to forget when you turn up to work every day just how special it is." Conor is the newest member of the team and it was the approach to the castle and its setting on the hillside that first captivated him about his place of work, he says: " I didn’t know there was a café in the castle and my first thought whe n I came here was that the view from the drawbridge was really amazing, and then walking out at the end of the day when the sun is setting, you get this incredible view looking out over Cardiff." Iestyn and Conor are very aware that the café is not your standard national brand or independent café, that Lew's coffee shop is part of the castle experience for visitors, either before or after they tour around its numerous pretty rooms and tackle the multiple spiral staircases, and they aim to make the experience as welcoming as possible, both via the atmosphere in the space plus the product on offer. Iestyn says: "It can be quite different going into a castle, you’re being transported back in time, but obviously this is more Victorian so it is a bit more grandiose than one built as a defensive fort which is quite nice, especially this time of year when you’re all cold outside and you come into our warm, cosy café. "We’ve got a good range of cold drinks that every month we’ll switch out to different brands to see what’s popular and some of them are a bit more artisan. We also do a load of different coffees, they’re all made with fresh, ground coffee, lots of teas as well including specialty teas, if you want something a bit more herbal or something sweeter or decaff. "When it comes to food, we have a range of paninis and we can make them up on site, most of them are prepared here by us, some have been pre-prepared by us in the morning to make the day run more smoothly but if you wanted something specific, say like vegan cheese we can make that to order. Because it’s winter now we’ve been really pushing the soup, a different soup every day, and that sells out really quickly. And, of course, our homemade cakes are always popular." Being nestled into the base of a castle tower that is a popular tourist attraction means that Lew's coffee shop opening hours are dictated by the castle opening hours but the café is also keen to attract local residents, passing traffic, and walkers within the woods that surround the building via the introduction of a café pass. Iestyn says: "It’s a bit of a tourist hot spot so you tend to get people from all over, a lot of coaches with older people on trips from England or an American family, everyone from everywhere but then when people get to know this place exists locally we do tend to have local people popping in more regularly. You can get a free café pass via our website that gives access into the café during school term time and during the week for free, without having to pay to go into the castle." During the busy summer months and most weekends Conor says the café operates an outside coffee bar within a horse box in the grounds of the castle to accommodate non-castle visitors. He thinks not only is it a good idea to tap into the dog walking and ramblers potential trade but the horsebox is also a highlight for him, he says: " I’ve been enjoying do shifts in the horse box coffee trailer, I like the fresh air - you’re basically serving coffee in the forest!" But there's another point that Conor is keen to make, and that's about working for the company Lew's coffee shops, who also operate a community café in the council's Llandaff North and Gabalfa Hub and the Ely and Caerau Hub. Conor says: "The main take away for me would be just that the entire staff who work for Lew's are lovely. When it was Lew’s birthday recently I got invited out to meet the staff on a night out and it’s a lovely bunch of people and I have found that this is quite rare. You can tell everyone gets on and it's like its own little community." The castle café and the two hub cafes are run by Lewys Wootten, aged 37 from Llandaff North, who has always been passionate about establishing and running cafes as popular places for people to meet having set up his first on Station Road, Llandaff aged just 19. After 10 years away from Cardiff Lewys returned home to dive straight back into cafe culture, setting up the hubs but then he just happened to hear about the castle. He says, "A friend of mine mentioned that Castell Coch was looking for someone to operate the café - it’s such a lovely castle I thought, 'there’s no harm in throwing my name in the hat'. "I didn’t really think at the time I’d get the lease because I didn’t really know what they were looking for, but because my background is independent community cafes in council hubs they said, 'we want what you've got'. "It was already kitted out because Cadw had run it themselves before the Covid pandemic, but it was June and we were about to hit the summer season so we had to get it open, and that first summer in 2022 was definitely a learning curve. "But it’s been great, it’s such a cool space - you do have to step back sometimes and make sure you appreciate it. When people ask what I do and I say I have a coffee shop in a castle, it’s so cool because it’s pretty rare. "It is also so different - in the summer it’s 100% tourist trade and you rarely see the same people twice but now we’ve got the café pass we are starting to have regulars and lots of walkers too. So many people love the area, it’s great to be a part of it." Now the café has experienced two summers of hectic trade, Lewys and the team are not only taking stock of the developments they've put in place but also considering ideas for the future. Lewys says: "With the horsebox in the grounds, we’re learning from it, next year we’d like to sell ice creams from it too because so many people just go up there for a walk, including someone on a horse recently! Space is limited so it’s a bit of a challenge but we’d like to do Christmas specials and we’d love to do afternoon teas next summer - it really lends itself to that." Iestyn adds, "Come and visit, it’s quite tough being so off the beaten track and it’s crazy because you see the castle every time you drive down the dual carriageway or the M4 . So just get the free café pass , come in, say hello, and you'll be very welcomed." For more property stories join our Amazing Welsh Homes Facebook group here . Find your own unique business or next home here:The Atlanta Hawks are officially back to being must-watch basketball. Fresh off a stunning come-from-behind victory over the Chicago Bulls—highlighted by an explosive 50-point fourth quarter—the national spotlight is beginning to shine on this team’s potential. Fred Katz of The Athletic recently spotlighted some Hawks players in the early-season NBA awards conversation. Dyson Daniels earned a mention in the Defensive Player of the Year race, while both De’Andre Hunter and Jalen Johnson were listed as contenders for the Most Improved Player award. “Could a perimeter player vault to the spot behind Wembanyama? Defensive Player of the Year is usually reserved for big men, but Dyson Daniels might have something to say about that. Daniels is getting steals on 4.4 percent of his possessions, the highest steal rate for any player since Tony Allen in 2010-11. He has 72 more deflections than De’Aaron Fox , who is second in the league. For reference, that’s the same difference as the one between Fox and 147th place. Daniels isn’t just a gambler. He’s a pest on the ball. Dribblers can’t jolt past him. As long as he keeps performing like this, he’s a lock for All-Defense, but he has two main knocks against him,” Katz writes. Daniels has been a complete and total revelation for an Atlanta Hawks club that has struggled on the defensive end of the court with Trae Young in the fold. However, as Katz continues, Wembanyama’s impact far exceeds Daniels’ own contributions for the Hawks. “First, a perimeter player can’t affect team defense like a big man can. And second (which may just be further proof of the previous point), the Hawks are actually better defensively with Daniels off the court. And that’s not just because Daniels plays many of his minutes alongside the defensively challenged Trae Young . When Daniels is on the court and Young is off, the Hawks defense is a sieve,” the national pundit continued. Katz continued with the two most improved player candidates, Hunter and Johnson. “De’Andre Hunter is another player who’s hitting jumpers like never before, though he’s developed in other ways, too. He’s getting to the line more than ever. Hunter used to avoid contact. Now he finishes through it, a big sticking point for Hawks head coach Quin Snyder,” he wrote. Hunter should be in the running for Sixth Man of the Year and MIP. He’s averaging a career-high 20.3 points on the most efficient shooting of his career, 48.5% from the field and an incredible 44% from beyond the arc. Hunter has found his niche and has an excellent chance of taking home the Sixth Man of the Year award. “Another Hawk, Jalen Johnson , should be on the list. Atlanta has handed more opportunities to Johnson this season, who is a better facilitator than ever. He’s never created his own shot this much and has never set up teammates like this. The Hawks offense is not just the Young show anymore. And Johnson is putting up the counting stats we normally associate with winners of this award: 19.4 points, 10.1 rebounds and 5.6 assists. He might be an All-Star this season.” There’s no doubt that JJ deserves to be considered the frontrunner for the MIP award. The Hawks forward can impact the game in so many different ways, from offense to defense to the transition game. He can rebound, defend, facilitate and score. Jalen Johnson deserves MIP consideration, but even more, the former lottery pick deserves All-Star consideration. This article first appeared on SportsTalkATL and was syndicated with permission.
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