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The Arizona Cardinals were rested, relatively healthy and had been playing some of their best football in years. That's why Sunday's sobering 16-6 road loss to the Seattle Seahawks was so surprising. “Frustrating day offensively, especially the way we’ve been playing to come out here and lay an egg and get physically dominated in a sense,” quarterback Kyler Murray said. The Cardinals (6-5) had their four-game winning streak snapped. Murray completed 24 of 37 passes for 285 yards, but made a brutal mistake, throwing an interception that was returned 69 yards by Seattle's Coby Bryant. The running game never got going, gaining just 49 yards. James Conner, the team's leading rusher, had just 8 yards on seven attempts. “There were a lot of things where it felt like the flow of things just wasn’t in our favor,” receiver Michael Wilson said. "Some games go like that. And then we didn’t execute enough to make up for the game sort of not going our way.” Arizona's still in decent playoff position, tied with the Seahawks on top of the NFC West with six games to play. But after all the good news and winning over the past month, Sunday's loss was humbling. “We’re going to learn a lot from this game,” Gannon said. Arizona's defense continued its remarkable midseason turnaround, giving the team every opportunity to win Sunday. The front seven doesn't have any stars, but continues to cobble together a respectable pass rush. The Cardinals finished with five sacks, all by different players. Second-year cornerback Garrett Williams intercepted a pass by Geno Smith on the first play of the fourth quarter, briefly giving the Cardinals some momentum as they tried to fight back. Williams — a third-round pick out of Syracuse in 2023 — is growing into a steady starting corner that the Cardinals have missed for years. “I thought that they hung in there and battled, forced a bunch of punts, kept points off the board,” Gannon said. “I thought the interception by Garrett was fantastic, kept us in the game there, kept points off the board. We made some mistakes. We made some mistakes, starting with me.” The Cardinals aren't going to win many games with a rushing performance like Sunday's. Conner, held to a season low in yards rushing, did have 41 yards receiving. Rookie Trey Benson had four carries for 18 yards, while Emari Demercado broke a 14-yard gain. Getting Conner going is key. Arizona has a 5-1 record this season when he has at least 100 total yards from scrimmage. Gannon said falling into an early hole affected some of the things the Cardinals could do, particularly in the second half. “I thought there was plays there, but again, where you get down in that game, you’re not really playing normal ball there for a good chunk of the game,” Gannon said. “So we’ve got to do a better job earlier in the game to make sure we’re not playing left-handed.” Fourth-year edge rusher Zaven Collins isn't necessarily the star fans hoped for when he was selected with the No. 16 overall pick in the 2021 draft, but he has quietly had a productive season leading the team's no-name front seven. Collins picked up his fourth sack of the season Sunday and put consistent pressure on Smith. Murray's still having a great season, but the quarterback's MVP credentials took a hit with Sunday's mediocre performance. He played pretty well at times, but the interception that turned into a pick-6 was a backbreaker. The sixth-year quarterback had largely avoided those types of plays this season, which is a big reason they're in the playoff hunt. “Can't give them seven points, especially when our defense is playing the way that they’re playing,” Murray said. “I feel like if I don’t do that, we’re in the game four quarters because that’s the way it was trending.” The Cardinals came out of Sunday's game fairly healthy. Gannon said starting safety Jalen Thompson (ankle) should be back at practice Wednesday. He missed the last two games. 12 and 133 — Tight end Trey McBride continued his breakout season with a career-high 12 catches for 133 yards. The Cardinals have another difficult road game against the Vikings (9-2) on Sunday. AP NFL: https://apnews.com/hub/nflBoys cross country: North Jersey Interscholastic Conference all-stars, 2024
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Sam Darnold sensed the backside pressure as soon as he dropped back with Minnesota trailing by four points late in the fourth quarter in Seattle, so he moved into a safe space in the pocket and did precisely what the Vikings would prefer him to do with the game on the line. He threw the ball down the field to Justin Jefferson. The perfectly placed throw near the sideline beat double coverage for a 39-yard touchdown that put the Vikings back in front with 3:51 remaining in a 27-24 victory over the Seahawks on Sunday. “It was a great call,” said Jefferson, who had 10 receptions for 144 yards and two scores, all season highs. “I’m not going to say too much about that play, but something went on where me and Sam were on the same page, and he found me and we went up.” The Vikings were understandably coy about the context around the go-ahead touchdown , when Darnold made a difficult on-the-run pass just over cornerback Tariq Woolen that Jefferson deftly twisted to catch next to his backside hip so he could shield the ball from late-breaking safety Julian Love. Darnold saw Love's shoulders initially shaded inside just enough to believe he couldn't retreat fast enough to prevent Jefferson from getting the ball. Jefferson also applied some improvisation to his route that Darnold clearly and properly read during the play. “I want those guys to have some freedom in those moments,” coach Kevin O'Connell said. “We do a lot of things with Justin and Sam, seeing the coverage and then with some route opportunities to get to at the line of scrimmage, and I think those guys have just gotten so comfortable with that stuff.” Darnold's long-delayed breakout performance under O'Connell has been one of the stories of the NFL this season, one that wouldn't have unfolded as neatly for the third overall pick in the 2018 draft without such synergy between him and his superstar wide receiver. If the Vikings (13-2) win their last two games, they will not only be NFC North champions for the second time in three years but also get the No. 1 seed and the lone first-round bye in the NFC for the playoffs. “Every single game we’re finding different ways to overcome adversity, overcome the different stuff defenses have thrown towards us," Jefferson said. “Sam has done a great job being a leader.” What's working The pass rush was strong, with Andrew Van Ginkel recording two sacks and pressure leading to both interceptions of Seahawks quarterback Geno Smith. The Vikings were credited with eight hits on Smith. What needs help The Vikings converted only three of 12 third downs, their second-worst rate of the season. Stock up Theo Jackson, who saw significant playing time at safety with Harrison Smith out, had the game-sealing interception with 49 seconds left. Stock down Tight end Josh Oliver has played 47% of the snaps the last two games, his two lowest usage rates of the season. He dropped the only pass he was thrown on Sunday. Injury report The defense ought to get a big boost this week with the expected return of the 13-year veteran Smith from his first absence in two years when he was sidelined at Seattle with a foot injury. Linebacker Ivan Pace, who has missed four games on injured reserve with a hamstring strain, is also on track to be back with his return to practice. Backup defensive lineman Jalen Redmond, who didn't play against the Seahawks because of a concussion, has made progress through the protocol, O'Connell said. Backup cornerback Fabian Moreau, who was inactive at Seattle with a hip injury, will continue to be evaluated throughout the week. Key number 13.6% — That's the third-down conversion allowance rate for the Vikings over the last two games, with Chicago and Seattle combining to go just 3 for 22. The Vikings rank second in the NFL in third-down defense at 33.7% for the season and also rank second on fourth down at 36.7%. Up next The Vikings host Green Bay on Sunday, with the kickoff moved to the late afternoon showcase spot on Fox. If Minnesota loses to the Packers, the Lions will clinch the NFC North and the Vikings would open the playoffs on the road as the No. 5 seed at best. Even if the Lions were to lose at San Francisco on Monday night, the Vikings would need to win at Detroit on Jan. 5 to take the division title. AP NFL: https://apnews.com/hub/NFL
Note: NJ.com did not vote on the All-NJIC teams. Have a look at the All-Star selections for the 2024 season, as voted on by the coaches. Colonial Division Team Champion: Leonia Coach of The Year: Tim Ryan, Leonia Calvin Daou, Leonia, Jr. Aidan Noguiera, Lyndhurst, Jr. Matthew Vargas, Lyndhurst, Sr. Gabriel Campos, Lyndhurst, Jr. Isaac Mutumba, Leonia, Jr. Antoine Rowe, Becton, Sr. Musashi Shabazz, Dwight Englewood, Sr. Devin Smith, Glen Rock, Sr. Jakub Stypulkowski, Garfield, Sr. Ian Cortez, Leonia, Sr. Jeremy Garcia, Leonia, So. Gabriel Cespedes, Becton, Jr. Neil Saxana, Glen Rock, Jr. Max Thorn, Becton, Sr. Kacper Majewski, Glen Rock, So. Caiden Cole, Rutherford, Sr. Erick Cielo, Harrison, So. Thomas Cinque, Rutherford, Sr. Aquila Bernal, Leonia, Jr. Colton Johnson, Glen Rock, So. Andres Newman, Rutherford, Sr. Sean Lederer, Glen Rock, So. Luis Gonzalez, Leonia, Jr. Wesley Schlimer, Rutherford, Sr. Aaron Gilkes, Garfield, Sr. Johnny Amatucci, Rutherford, Jr. Kalel Zenteno-Prado, Becton, Jr. Ariel Tepox-Carino, Rutherford, Sr. Jermeiah Anderson, Lodi, Fr. Mathias Bello, Manchester Regional, Sr. Meadowlands Division Co-Team Champions: New Milford and Park Ridge/Emerson Coach of The Year: Greg Kelly, New Milford William O’Donovan, Park Ridge/Emerson, Sr. Sebastian Herrera Pineda, New Milford, Sr. Misha Theberge, Saddle River Day, So. Alex Culp, Eastern Christian, Sr. Jonah Chacko, New Milford, Jr. Ethan De Los Santos, New Milford, Sr. Devin Thomas, Saddle Brook, Sr. Henry Thayer, Park Ridge/Emerson, So. Dominic Vargas, Secaucus, Jr. Nikolas Pinto, Saddle Brook, So. Nicholas Pados, Palisades Park, Sr. Caleb Kuperus, Eastern Christian, Sr. Yonden Sherpa, Secaucus, Jr. Evan Kozlowksi, New Milford, So. Matthew Tortora, Park Ridge/Emerson, Jr. Sawyer Hotto, New Milford, Fr. Matthew Burns, Park Ridge/Emerson, Jr. Max Donaldson-George, Secaucus, Jr. Kyrolos Awad, Secaucus, Jr. William Shales, Palisades Park, Jr. Daniel Tubb, Eastern Christian, Sr. Benjamin Scarnato-Bennett, Eastern Christian, Fr. Sam Wasserman, Pompton Lakes, So. Brian Traverso, Saddle Brook, Sr. Andrei De Los Santos, Secaucus, Jr. Thomas Isernhagen, Saddle River Day, So. Luca Cappello, Saddle Brook, So. Gabriel Fernandez Siverio, New Milford, Sr. Emmanuel Marin of Bogota competes in the boys varsity race at the Bergen County Meet of Champions at Darlington Park, Mahwah, NJ on Saturday, October 26, 2024. Mile Djordjiovski | For NJ Advance Media Patriot Division Team Champion: Hasbrouck Heights Coach of The Year: Mike Ryan, Hasbrouck Heights Aidan Morrow, Hasbrouck Heights, Sr. Ryan Ober, Hasbrouck Heights, Sr. Emmanuel Marin, Bogota, Jr. Zohaib Syed, Bogota, Jr. Kyle Von Seidelmann, Hasbrouck Heights, Sr. Cole Higby, Hawthorne Christian Academy, Sr. Hussain Salam, Bogota, Jr. William Mangler, Waldwick, So. JeanPaul LaFranco, Paterson Charter, Jr. Matthew Harris, Waldwick, Sr. Max Mazza, Hasbrouck Heights, Sr. Connor Ng, Hasbrouck Heights, Sr. Ryan Tuero, Ridgefield, So. Vincent Zou, Hasbrouck Heights, Jr. Raymond Ehrmann, Bogota, So. Louis Tuero, Ridgefield, Sr. Elan Kagan, Weehawken, Sr. Neil Donnelly, Hasbrouck Heights, Sr. Brandon Kopczynski, Cresskill, Fr. James Skonier, Cresskill, Jr. Benjamin DeMarco, Weehawken, Sr. Colby Oostydk, Hawthorne Christian Academy, Jr. Kyle Fulcher, Paterson Charter, Sr. Ethan Schwarzenbach, Bogota, Fr. John Jamieson, Cresskill, Sr. Matthew Fannin, Cresskill, So. Isaac Lee, Hawthorne Christian Academy, Sr. Jack Fernandez, Weehawken, So. Jacob Junta, Midland Park, So. RECOMMENDED • nj .com Girls cross country: North Jersey Interscholastic Conference all-stars, 2024 Nov. 19, 2024, 2:04 p.m. North Jersey Interscholastic Conference Meadowlands All-Division teams, 2024 Nov. 22, 2024, 12:50 p.m. Bakari Tice can be reached at btice@njadvancemedia.com . Follow him or send him a message on Twitter/X at @BakariTice . The N.J. High School Sports newsletter is now appearing in mailboxes 5 days a week. Sign up now! Follow us on social: Facebook | Instagram | X (formerly Twitter)$TOCKHOLDER ALERT: The M&A Class Action Firm Continues To Investigate Merger - LBRDA, BFAC, LTRPA
A Haitian American organization has filed suit in federal court against the American Red Cross, the International Red Cross and related entities, accusing the well-known charities of exploiting “the poverty and calamities” of an impoverished Haiti to raise hundreds of millions of dollars in the name of humanitarian aid only to mismanage and misappropriate the funds to enrich themselves. The class-action lawsuit was filed Monday morning in the U.S. District Court for Southern Florida on behalf of the Haitian Diaspora Political Action Committee and individual Haitian-American plaintiffs, including Frantz St. Fort, the husband of a former director of the Haitian Red Cross in Port-au-Prince. The complaint before Judge Cecilia Altonaga accuses the Red Cross affiliates, including the Haitian Red Cross, and members of the leadership teams, of leveraging the 2010 earthquake and several subsequent natural disasters in 2016, 2018, 2021 and 2023 for personal gain. More than a half billion dollars were raised in the name of relief efforts, the lawsuit says. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Jharkhand Assembly elections: NDA’s double-engine push falls short
Townsville Don't miss out on the headlines from Townsville. Followed categories will be added to My News. A trail of destruction swept across Townsville early on Tuesday morning as thieves used stolen vehicles to target four locations in a brazen 30-minute crime spree, leaving small businesses with thousands in damages. The rampage began at 4.24am, when a stolen Toyota Prado was used to ram a parked car outside Brumbys Bakery at Parkside Plaza on Bamford Lane, Kirwan. From there, the Prado next targeted a Wulguru petrol station, crashing into the premises before the offenders made off with the cash register. Minutes later, the same vehicle smashed into Cre8ive Sk8, a popular skate shop on Ross River Road, stealing several electric scooters. The spree continued when the Prado was rammed into the front door of the Friendly Grocer store on Abbott Street, Oonoonba, causing extensive damage. The chaos ended just before 5am when both the Toyota Prado and a stolen Subaru were found abandoned near a creek on Boundary Street, Hermit Park. Police report the Subaru had been set alight. “It’s getting ridiculous,” says business owner Picking up the pieces of his shattered skate shop, Cre8ive Sk8 co-owner Nick Wilson expressed frustration over the escalating crime in Townsville, calling it “getting ridiculous.” The ADF veteran said the early morning ram-raid was the third time his store had been hit by thieves since he took it over a little over a year ago. “At about 4.20 this morning, I got a call from the security who monitors the alarms ... then I checked the cameras from my phone, could see the cops out the front with the lights flashing, so I jumped up and came down to the shop and met with the police,” Mr Wilson said. “(Police) said it’s been ram raided by a stolen four wheel drive Prado, and also told me they’ve already hit two other places before me.” Cre8ive Sk8's was ram raided overnight. Owners Femke and Nick Wilson. Picture: Evan Morgan After reviewing his CCTV footage, he said the offenders appeared to be six juveniles, aged between 12-15 years, who entered the business disguised with hats, masks, gloves, with “one young kid carrying a knife around”. Since the business had begun stocking electric scooters, there had been an upswing in the number of criminals targeting it. “They made a mess of the place trying to get to them ... the electric scooters that we sell ... I think four were stolen. We managed to get a couple back, the cops found the cars that did it. CCTV footage shows the ram raid at Cre8ive Sk8 on Ross River Rd at 4.19am on November 26. “One was burnt out and one was tried to be driven into the creek behind Officeworks there.” He said the business had needed to bolt their scooters to the floor after a bloke came in and took one out the front door. They also needed to install a “big bloody cage door” after two adults broke down their back door to steal e-scooters. Cre8ive Sk8's was ram raided overnight. Owners Femke and Nick Wilson. Picture: Evan Morgan It comes after the business’ previous owner was also stabbed in an attack some time ago. He had high hopes that new Premier David Crisafulli would be able to deliver on his promise of ‘adult crime, adult time’, as the city’s crime was “getting out of control”. “I get some pretty wild characters that come in here, and they’re telling me all the time, they get they get it better in jail, and they do at home, so why wouldn’t they?” he asked “It’s a game. They go in, see their mates, you know, and get a PlayStation. It’s just the way it is, you know. On the footage I’ve got a young kid with a knife f---ing longer than his arm carrying that around. “I’m over it, same as everybody else. It’s just getting ridiculous and something needs to be done. Whether it does, who knows?” ‘Only took soft drink and lighters’ The Friendly Grocer, a small store run by Linda and Gary Leong which has been in the family for over 50 years, also bore the brunt of the rampage. Thieves rammed a stolen car through the store, causing an estimated $15,000 to $20,000 in damage to the automated front doors and parts of the roof. Damage left after a ram raid at the Friendly Grocer in Oonoonba at 3.34am on November 26. Picture: Natasha Emeck According to Linda, the suspects, a group of at least six individuals, raced in to see the cash registers only to find they had been left empty and open. “They were trying to get into the drawers, but thankfully we keep the tills empty overnight,” she explains. “In the end all they ended up taking was a bottle of soft drink and a couple of lighters which they probably used to torch the cars.” Damage left after a ram raid at the Friendly Grocer in Oonoonba at 3.34am on November 26. Picture: Natasha Emeck She said while they had been hit by thieves in the past, this incident looked like it would be their most costly so far. natasha.emeck@news.com.au Originally published as Townsville ram raid rampage as thieves hit businesses in 30-minute spree Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Townsville NAMED: Four face court over stolen cars, police firearm charges Four men, aged 18 to 40, have been charged and will face court today over their alleged roles in a dramatic crime spree involving stolen cars and the theft of a police-issued firearm. Read more Townsville Workers were told to ‘work with what they had’: Gough Plastics One worker dead, a second struck in the head, and a third in a 16-day coma – the workplace safety record of Gough Plastics was laid bare this week in a Townsville courtroom. Read more
The National Economic and Social Development Council (NESDC) has raised concerns about the rising trend of consumer loans, fearing that this could lead to a debt trap, a situation in which an individual, a household or even a country is forced to take new loans to repay existing debt obligations. According to the NESDC's report on the social outlook for the third quarter, household debt as of the second quarter amounted to 16.3 trillion baht, an increase of 1.3% year-on-year, decelerating from a 2.3% rise in the previous quarter. The debt-to-GDP ratio in the second quarter stood at 89.6%, down from 90.7% in the first quarter. Danucha Pichayanan, secretary-general of the NESDC, said nearly all forms of household debt had either decelerated or contracted, except for personal loans. The decline in household debt was attributed to the high debt burden combined with deteriorating loan quality, prompting financial institutions to tighten their criteria when assessing loan applications. The quality of household loans has continued to decline, too, with outstanding personal loans overdue by more than 90 days in the National Credit Bureau database totalling 1.16 trillion baht, accounting for 8.48% of total loans in the second quarter, up from 8.01% in the first. The NESDC highlighted key issues that require attention in addressing the household debt problem over the coming time periods including increasing consumer loan trends; more dependence on informal loans; rising mortgage defaults; and the impact of the recent floods. Mr Danucha said personal consumer loans are likely to increase, as personal consumer loans now account for nearly one-third of total household debt. These loans typically carry high interest rates. If households are not cautious about taking on debt or lack financial discipline, this could lead to a debt trap, he said. Additionally, he said as financial institutions maintain stringent lending standards, households may turn to informal loans, especially borrowers who have already reached their maximum borrowing limits within the formal system. Last year, the value of informal loans was estimated at 67 billion baht. Mr Danucha added there is also an upward trend in mortgage defaults, particularly for loans under 3 million baht, indicating that the incomes of certain households have not yet recovered, and their financial situation remains strained. This is evident from their decision to default on home loans before other types of debt, despite housing being considered an essential asset. More importantly, he said the impact of the floods on household liquidity and debt repayment ability requires attention. The government may need to monitor the accessibility of relief measures for flood victims and expedite recovery efforts to restore normal conditions, enabling household incomes to recover quickly. According to the NESDC report, personal consumer loans made up 25% of total household debt in the first quarter, rising to 27.9% in the second quarter of this year. These loans are unsecured (without collateral), carry high interest rates and have a high default rate. As for mortgage loan defaults, 18.2% of total mortgage loans were classified as non-performing loans in the first quarter, with this figure increasing to 23.2% in the second. In a related development, the NESDC on Monday reported that unemployment in the third quarter of 2024 rose slightly from the same period in 2023, reaching 1.02% of the total workforce, or 410,000 individuals. The total workforce for the quarter tallied 40.5 million in the third quarter, down by 0.1% from the corresponding quarter last year. Meanwhile, the number of people employed stands at 40 million, a 0.1% decrease compared with the corresponding period in 2023, primarily due to a 3.4% contraction in agricultural employment, partly resulting from the flood. In contrast, non-agricultural sectors grew by 1.4%, with the transportation and storage sector expanding the most (14%), followed by the hotel and restaurant sector (6.1%). Meanwhile, the manufacturing sector contracted by 1.4%, particularly in the production of computer and electronic products and vehicles. A key issue to monitor is the adaptation of the workforce to modern industries. It is expected that the new industries preparing to invest in Thailand will require 170,000 workers.By TOM KRISHER, Associated Press DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick turned aside a request from Musk’s lawyers to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla’s board and had engineered the outsize pay package during sham negotiations . Lawyers for a Tesla shareholder who sued to block the pay package contended that shareholders who had voted for the 10-year plan in 2018 had been given misleading and incomplete information. In their defense, Tesla’s board members asserted that the shareholders who ratified the pay plan a second time in June had done so after receiving full disclosures, thereby curing all the problems the judge had cited in her January ruling. As a result, they argued, Musk deserved the pay package for having raised Tesla’s market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that under Delaware law, Tesla’s lawyers had no grounds to reverse her January ruling “based on evidence they created after trial.” On Monday night, Tesla posted on X, the social media platform owned by Musk, that the company will appeal. The appeal would be filed with the Delaware Supreme Court, the only state appellate court Tesla can pursue. Experts say a ruling would likely come in less than a year. “The ruling, if not overturned, means that judges and plaintiffs’ lawyers run Delaware companies rather than their rightful owners — the shareholders,” Tesla argued. Later, on X, Musk unleashed a blistering attack on the judge, asserting that McCormick is “a radical far left activist cosplaying as a judge.” Legal authorities generally suggest that McCormick’s ruling was sound and followed the law. Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, said that in his view, McCormick was right to rule that after Tesla lost its case in the original trial, it created improper new evidence by asking shareholders to ratify the pay package a second time. Had she allowed such a claim, he said, it would cause a major shift in Delaware’s laws against conflicts of interest given the unusually close relationship between Musk and Tesla’s board. “Delaware protects investors — that’s what she did,” said Elson, who has followed the court for more than three decades. “Just because you’re a ‘superstar CEO’ doesn’t put you in a separate category.” Elson said he thinks investors would be reluctant to put money into Delaware companies if there were exceptions to the law for “special people.” Elson said that in his opinion, the court is likely to uphold McCormick’s ruling. Experts say no. Rulings on state laws are normally left to state courts. Brian Dunn, program director for the Institute of Compensation Studies at Cornell University, said it’s been his experience that Tesla has no choice but to stay in the Delaware courts for this compensation package. The company could try to reconstitute the pay package and seek approval in Texas, where it may expect more friendlier judges. But Dunn, who has spent 40 years as an executive compensation consultant, said it’s likely that some other shareholder would challenge the award in Texas because it’s excessive compared with other CEOs’ pay plans. “If they just want to turn around and deliver him $56 billion, I can’t believe somebody wouldn’t want to litigate it,” Dunn said. “It’s an unconscionable amount of money.” Almost certainly. Tesla stock is trading at 15 times the exercise price of stock options in the current package in Delaware, Morgan Stanley analyst Adam Jonas wrote in a note to investors. Tesla’s share price has doubled in the past six months, Jonas wrote. At Monday’s closing stock price, the Musk package is now worth $101.4 billion, according to Equilar, an executive data firm. And Musk has asked for a subsequent pay package that would give him 25% of Tesla’s voting shares. Musk has said he is uncomfortable moving further into artificial intelligence with the company if he doesn’t have 25% control. He currently holds about 13% of Tesla’s outstanding shares.
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D.R. Horton director Barbara Allen sells $921,515 in stockStrengthening Canada-U.S. Critical Mineral Partnership Amid Rising Geopolitical TensionsCentury-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition. Public companies are under a lot more scrutiny and if private, the Nordstrom may have more leeway in reviving a department store chain that has been attempting to reinvigorate sales for years. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.