Author: i2wtc

Tesla shareholders approved The deal to pay CEO Elon Musk $45 billion in compensation came after a bitter referendum on his leadership.The results, released Thursday, come as the billionaire tycoon struggles to hang on to the largest compensation package ever given to an executive at a publicly traded U.S. company.”First of all, I want to say I love you guys so much!” an elated Musk said as he appeared on stage after the vote.The vote came after a Delaware judge in January invalidated a payment to Musk then worth about $56 billion, on grounds that Tesla’s board was not deemed…

Recently, Render (RNDR) has faced significant downward pressure in line with the widespread bearish sentiment affecting the cryptocurrency market. The notable sell-off in Bitcoin has caused a ripple effect that has negatively affected various altcoins, including RNDR. Over the past week, the price of RNDR has fallen by nearly 18%, a clear reflection of the widespread negative market sentiment. However, Rendar (RNDR) has started to attract increasing attention from analysts and investors, signaling a potential turnaround. As market sentiment gradually shifts to a more optimistic outlook, RNDR has shown resilience by holding support levels, laying the groundwork for a potential…

The hearing comes amid rising tensions in the Indo-Pacific region, U.S. moves to reduce reliance on Chinese supply chains and concerns in Washington that exports of advanced U.S.-made semiconductors to China are increasingly being diverted for military purposes.The Chinese government considers Taiwan an integral part of China and should unify it, by force if necessary. The United States, like many other countries, does not recognize Taiwan’s independence, but opposes any changes to the status quo in the Taiwan Strait and has pledged to supply arms to Taiwan.Beijing’s domestic messaging about the need to “struggle” against foreign powers and remain “vigilant”…

The S&P 500 Index ($SPX) (SPY) closed up +0.23% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.17% and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.57%.Equity indexes were mixed on Thursday, with the Nasdaq 100 hitting a new all-time high and the Dow Jones Industrial Average dropping to a one-week low. Stocks were supported by lower bond yields after the U.S. Producer Price Index unexpectedly fell in May. Weekly jobless claims also unexpectedly rose to a 10-month high, strengthening the prospect of a Fed rate cut later this year. Equity gains were capped by negative…

A severe thunderstorm watch has been issued for much of the Chicago area, with large hail, wind gusts and isolated tornadoes possible. A severe thunderstorm watch is in effect until 8 p.m. CST on Thursday, extending across a large swath of northeastern Illinois and across northern Indiana, according to the National Weather Service. Illinois’ Cook, LaSalle, Kendall, Grundy, Will and Kankakee counties are all affected, and Indiana’s Lake, Porter, LaPorte, Newton and Jasper counties are also under the watch, according to NWS officials. The alert has been lifted for DeKalb, Kane and DuPage counties, officials said. Severe thunderstorm warnings in…

CNN — Justice Clarence Thomas has traveled on Republican megadonor Harlan Crow’s private jet more times than previously known, a senior Senate Democratic leader said Thursday. According to information obtained by Senate Judiciary Chairman Dick Durbin, Thomas flew on Crow’s private jet during interstate travel in 2017, 2019 and 2021, as well as during a previously publicized trip to Indonesia in 2019, during which Thomas also stayed on Crow’s mega yacht. The newly revealed private jet trips paint a clearer picture of the lavish travel enjoyed by Thomas, funded by friends of the justice with ties to conservative politics. Thomas…

WASHINGTON — Prospects for federal legislation on college sports have focused on the Senate in recent years, but a Republican-controlled House committee took its first substantive step Thursday, approving a single-purpose bill that would ban college athletes from being employees of their schools, conferences or national governing bodies.But the Senate is controlled by Democrats, and Sens. Cory Booker (D-Jersey) and Richard Blumenthal (D-Conn.) have been negotiating for months with Sen. Ted Cruz (R-Texas) on a more comprehensive bill that would address issues in college sports, so they will undoubtedly remain key players in whether the bill makes it through Congress…

Industry sources acknowledged that geopolitical considerations give China room to manipulate the direction of nitrocellulose flows but denied the accusations, saying Beijing cannot strangle the supply chain if Europe is willing to increase production on its own.As you know, deliveries of this cotton from China stopped, as if by coincidence, a few months ago.Thierry Breton, European Union Commissioner for the Internal Market”The manufacturing technology is very simple, so there’s no point in restricting exports. It can never really hinder rival countries’ military production,” said Lu Wei, an adviser to the China Public Security Guard Training Center, a Beijing-based counterterrorism training…

Chris Crow/RMD: How is reverse business going this year and how do you expect business to progress by December? Tyler Plack: We just finished May, and I thought the month was very good. I’m excited to see what the future holds. One of our corporate goals is to focus on scaling our sales floor and hiring more of these remote loan officers in an “on-the-ground” model. The reception we’ve received from some of our loan officers has been very warm and exciting. As for the in-person and call center models, they continue to grow as well. They’ve increased every month…

If the U.S. wins its World Cup group and advances that far in the tournament, it will play its round of 16 matches at Lumen Field. SEATTLE — FIFA announced Wednesday which groups 2026 World Cup hosts the United States, Mexico and Canada will play in during the tournament. Lumen Field has been selected as one of 11 stadiums in the United States to host matches for the 2026 World Cup, which will begin in June 2022. One scenario is that the U.S. could play a key final tournament game at Lumen Field. How Seattle could host US knockout…