With $1 trillion pay package on the line, Elon Musk blasts influential firms telling shareholders to reject it: ‘Those guys are corporate terrorists’
Musk also criticized the role of proxy advisory firms generally.
Business
The Fed just lost a key data feed on the job market days before its next rate meeting. A former BLS chief warns it’s ‘very concerning’ as Powell is left ‘flying blind’
A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.
Prince Harry, Richard Branson, Steve Bannon, and ‘AI godfathers’ call on AI labs to halt their pursuit of ‘superintelligence’—warning the technology could surpass human control
An open letter backed by AI pioneers, policymakers, and public figures urges tech companies to pause the race toward superintelligent AI, warning that unchecked development could outpace human control and endanger society.
An American chess grandmaster is dead at 29, and players are in an uproar about it. Here’s what’s going on
Daniel Naroditsky, a chess prodigy, achieved the title of grandmaster when he was just 18 years old.
As government shutdown persists, ICE agents are among the still-paid employees receiving ‘super checks’ including lost pay and overtime
Public finance expert Linda Bilmes says the “arbitrariness” of who gets paid and who doesn’t during shutdowns exposes the “dysfunction” of the budget approval process.
Former Sears boss says CEOs won’t challenge Trump’s tariffs out of ‘cowardice’—but the holidays are fast approaching, and ‘the party is over’
He expects many shelves at retailers will be empty this holiday season.
Even the author of ‘Trumponomics’ admits ‘tariffs are taxes—and taxes are bad’
Trump’s former economic advisor Stephen Moore tells Fortune tariffs have dragged down growth and raised prices, and says he’s concerned about Trump publicly dictating prices on drugs and beef.
‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich
“Index-based investing is a form of socialism. Our investment system is broken,” the longtime Tesla bull said, calling proxy firms “menaces to innovation.”
Israel, Hamas trade blame as bloodshed clouds Gaza peace bid
Hamas says at least 27 Palestinians have been killed by Israeli forces over the last week; Israeli officials said troops fired to prevent incursions across the yellow line.
