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The Latest Breaking News from Charles Elson

Murdoch family drama plays out in court with fate of Fox News at stake

Rupert Murdoch, 93, wants eldest son Lachlan to run his empire after his death – but his other children want their say

The Guardian - US

Hewlett Packard to pursue Mike Lynch’s estate for up to $4bn

Tech company says it will follow legal proceedings ‘to their conclusion’ after tycoon’s death last month

The Guardian - UK

How the Starbucks board can set its new CEO up for success

Howard Schultz has been a major part of the company for years, whether the board likes it or not.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Law professor says Tesla threatened to fire law firm over Musk’s huge payout

Charles Elson accused EV company of strong-arming law firm where he consulted over his legal brief opposing Musk’s pay

The Guardian - US

Judge Invalidates Elon Musk's Massive Tesla Pay Package

Elon Musk's .8 billion pay package was struck down by a judge as unfair. Find out the complexities of executive compensation and its impact on CEOs.

Top News

Elon Musk isn’t the first big-name CEO to use recreational drugs. But how much is too much?

Experts who spoke to Fortune expressed concerns over Musk’s behavior, including one who said, “It’s a serious thing no matter how you look at it.”

Fortune

What board can learn from Disney’s activist showdown

Disney’s proxy battle reveals how activism is changing and why Nelson Peltz has a chance of winning.

Fortune

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Silicon Valley doesn’t care about Big Tech’s AI conflicts of interest

Generative AI technology is blurring the lines between businesses and bringing fresh scrutiny to the boardroom roles of heavy-hitters like Reid Hoffman and Marc Andreessen.

Fortune

Meta and Tesla can’t stop Mark Zuckerberg and Elon Musk beating each other up in a cage match, and that’s a problem

The Tesla and Meta CEOs are “key” executives at their organizations, and threats to their physical well-being represent a big risk for their companies, shareholders, and employees.

Fortune

Coinbase’s Meteoric Rise Defies Logic As BlackRock Alliance Boosts Stock

Coinbase's value soars as BlackRock applies to launch bitcoin-backed ETF with the digital exchange as custodian.

Zenger

US targets Binance and Coinbase – is the government ready to regulate crypto?

Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent

The Guardian - US

ComEd parent Exelon is paying legal bills for two executives convicted of bribery

The company will not say how much it has paid to attorneys representing ex-CEO Anne Pramaggiore and VP John Hooker, but a rep says ratepayer funds are not used.

Chicago Sun-Times

Fox isn't in the apology business. That could cost it a ton of money

When Fox Corp. CEO Lachlan Murdoch addressed investors on Tuesday, he did not apologize for the events that led to a $787 million settlement over the broadcasting of election-related falsehoods.

WEKU

Unions say rails should forgo buybacks and spend on safety

Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and use it to improve safety in the wake of several high-profile derailments and hire more workers

The Independent UK

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WEKU

Dominion to depose Fox boss Lachlan Murdoch as defamation suit heats up

Lachlan Murdoch, head of Fox News' parent company, is scheduled to be deposed Monday in Dominion's $1.6 billion lawsuit against the company.

The Philadelphia Inquirer

A $4 billion payout: In Albertsons' sale, where is the grocery workers' cut?

If the Federal Trade Commission clears grocery giant Albertsons' $20 billion sale to Kroger on schedule next month, the private-equity investors who control this collection of U.S. grocery and drug store chains will have squeezed out profits nine times larger than what they invested since 2006.

The Philadelphia Inquirer

Quakers protest Vanguard climate policy at its headquarters in Pennsylvania, while others bemoan 'woke' Wall Street

Eight Quaker climate activists were arrested Wednesday after protesting at Vanguard's main headquarters in Malvern, Pennsylvania. The group sought a meeting with the investment company's stewardship executive, while drawing focus to the firm's record on environmental issues.

The Independent UK

Unions push airlines to promise they'll avoid stock buybacks

Labor unions are pushing U.S. airlines not to buy back their own stock

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Los Angeles Times

How weird could things get if Twitter settles with Elon Musk?

As Elon Musk's imbroglio with Twitter moves from the boardroom to the courtroom, one might expect that, under the watchful eye of Delaware's Court of Chancery, things will take on a more predictable trajectory than they have so far.

The Guardian - US

Trillion-dollar crypto collapse sparks flurry of US lawsuits – who’s to blame?

Kim Kardashian and Floyd Mayweather among those being sued, but prosecuting fraud in the crypto arena is notoriously difficult

The Guardian - UK

Musk unlikely to fade into background by not joining Twitter board

Analysis: Past week of activity from tech billionaire support platform chief’s prediction of disruptions ahead

People

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read the most diverse news in one place.

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