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 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. Following the court ruling, Tesla shareholders met in June and ratified 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. 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 current record $688 million in legal fees awarded in 2008 in litigation stemming from the collapse of Enron.k fortune apartelle 。

American released from Syrian prison is flown out of the country, a US official says

Coalition to throw Australia’s support behind Israel in campaign pledgesFor Cyber Monday, Alienware dropped the price of the Alienware m18 R2 RTX 4090 gaming laptop for $2999.99 shipped. The Alienware m18 is the biggest and most powerful Alienware laptop you can buy. It's clearly designed to be a mobile desktop replacement and, equipped with the right specs (like the RTX 4090 mobile GPU), it has the potential to be more powerful than most dedicated gaming desktop PCs. This particular configuration is as high-end as you can go, with Intel's most powerful i9 processor and Nvidia's most powerful mobile GPU. Alienware m18 R2 RTX 4090 Gaming Laptop The Alienware m18 "R2" model is the 2024 update to Alienware's flagship gaming laptop. The only changes from the prior year model are the transition to Intel's 14th gen HX processors and Wi-Fi 7 support. The Alienware m18 boasts exceptional build quality with a premium bead-blasted anodized aluminum chassis, full-sized keyboard with numpad, and an aggressive Cryo-Tech cooling sytem that incorporates a vapor chamber with quad heatpipes and four exhaust fans. The RTX 4090 mobile GPU has a maximum TGP wattage of 165W (150W + 15W dynamic boost). This is still the most powerful mobile GPU on the market, and by a very substantial margin. It's roughly equivalent to a desktop RTX 3090 GPU. It can easily run any game on the 2560x1600 or 1920x1200 display as well as any externally connected higher resolution gaming monitor. In fact, this is the only mobile GPU I'd personally recommend for 4K gaming. A GPU this powerful requires a lot of power, so the laptop includes a hefty 330W power brick. If this is going to be your primary gaming rig and you don't want to be limited by portablity, then there's no better choice than the 4090. Eric Song is the IGN commerce manager in charge of finding the best gaming and tech deals every day. When Eric isn't hunting for deals for other people at work, he's hunting for deals for himself during his free time.

Caprock Group LLC grew its holdings in Twilio Inc. ( NYSE:TWLO – Free Report ) by 152.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,038 shares of the technology company’s stock after buying an additional 6,661 shares during the period. Caprock Group LLC’s holdings in Twilio were worth $720,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Covestor Ltd increased its stake in shares of Twilio by 16.7% during the third quarter. Covestor Ltd now owns 1,033 shares of the technology company’s stock worth $67,000 after purchasing an additional 148 shares during the period. Tidal Investments LLC boosted its position in shares of Twilio by 2.3% in the first quarter. Tidal Investments LLC now owns 7,295 shares of the technology company’s stock valued at $446,000 after acquiring an additional 166 shares during the period. Metis Global Partners LLC grew its stake in shares of Twilio by 2.5% in the third quarter. Metis Global Partners LLC now owns 7,324 shares of the technology company’s stock valued at $478,000 after acquiring an additional 182 shares in the last quarter. Arizona State Retirement System increased its position in Twilio by 0.4% during the second quarter. Arizona State Retirement System now owns 47,511 shares of the technology company’s stock worth $2,699,000 after acquiring an additional 205 shares during the period. Finally, US Bancorp DE raised its stake in Twilio by 4.7% in the 3rd quarter. US Bancorp DE now owns 4,787 shares of the technology company’s stock worth $312,000 after purchasing an additional 217 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors. Insider Transactions at Twilio In other Twilio news, insider Dana Wagner sold 4,174 shares of the company’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $65.02, for a total transaction of $271,393.48. Following the sale, the insider now owns 152,563 shares of the company’s stock, valued at approximately $9,919,646.26. This represents a 2.66 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . Also, CEO Khozema Shipchandler sold 11,073 shares of Twilio stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $65.03, for a total value of $720,077.19. Following the completion of the transaction, the chief executive officer now directly owns 278,134 shares of the company’s stock, valued at approximately $18,087,054.02. This trade represents a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 49,946 shares of company stock worth $3,354,771 over the last ninety days. 4.50% of the stock is owned by insiders. Wall Street Analyst Weigh In Get Our Latest Research Report on Twilio Twilio Stock Up 2.3 % Shares of TWLO opened at $104.37 on Friday. The stock’s 50-day moving average price is $76.32 and its two-hundred day moving average price is $64.79. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $104.74. The company has a market capitalization of $16.01 billion, a PE ratio of -40.61, a PEG ratio of 2.78 and a beta of 1.32. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Company Profile ( Free Report ) Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication. Read More Want to see what other hedge funds are holding TWLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twilio Inc. ( NYSE:TWLO – Free Report ). Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.com's FREE daily email newsletter .

U.S.A.-based company has been working with Nitinol since 1991, developing custom precision materials for the medical device industry and beyond. Fort Wayne Metals Advances Capacity: Expanding Nitinol Melting Capabilities Fort Wayne Metals-melted Nitinol is available in custom-shaped wire, bar, and shape-set assemblies. Fort Wayne Metals Nitinol Fort Wayne Metals technician works with Nitinol, a cutting-edge shape memory alloy. The company doubled its melted Nitinol output from 2022 to 2024 and is poised to double that capacity again in 2025, reinforcing its commitment to innovation and customer support. Since opening its Nitinol melt facility in 2012, Fort Wayne Metals has established itself as a fully integrated supplier, controlling every step of the Nitinol manufacturing process-from melting to custom finishing. Over the past decade, the company has supplied more than 650,000 pounds of its melted alloy in wire form, becoming a trusted partner for manufacturers of miniaturized and complex medical devices. Furthermore, in the last 12 months, to meet growing market needs and customer demand, Fort Wayne Metals has expanded to melting Nitinol into bar, strip, and sheet form. To address growing demand and increase capacity, Fort Wayne Metals upgraded its plasma arc melting furnace, doubling production output compared to 2022-2023. Additionally, a second Vacuum Arc Remelting (VAR) furnace is set to become operational in early 2025, which will enable shorter lead times for customers and further enhance capacity, positioning Fort Wayne Metals to melt as much as 1,000,000 pounds of Nitinol annually. "The expansion of our melting capabilities demonstrates our long-term commitment to meeting the needs of our customers and becoming the largest, most reliable source of Nitinol for medical device manufacturers,” said Scott Glaze, Chairman and CEO of Fort Wayne Metals. "We are always looking to the future, continuously innovating to better serve our customers and empower their own groundbreaking developments.” Fort Wayne Metals-melted Nitinol is available in custom-shaped wire, bar, and shape-set assemblies. Wire and bar size capabilities range from 0.0127 mm (0.0005 in) to 51 mm (2 in) in diameter, including extremely small diameters that are used in tiny, complex medical devices, and cutting-edge medical technologies. With these latest advancements, the company is well-positioned to continue solidifying its role as a global leader in Nitinol production. ### About Fort Wayne Metals A leading manufacturer of precision materials used in life-improving medical devices, Fort Wayne Metals is dedicated to making Northeast Indiana and the world a better place. As committed as we are to supporting our customers' medical technologies, our more than 1,700 employees are just as committed to contributing to community organizations and causes. Whether it's providing the world with customized material solutions to support the medical device industry or championing efforts that lift up local communities, we are passionate about making lives better. Learn more at fwmetals.com . Attachments Fort Wayne Metals Advances Capacity: Expanding Nitinol Melting Capabilities Fort Wayne Metals Nitinol CONTACT: Jake Pickett Fort Wayne Metals Research Products, LLC 260-402-9633 [email protected]Banque Cantonale Vaudoise Has $233,000 Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk

MECHANICSBURG — Bishop Guilfoyle defeated Port Allegany, 41-22 in the PIAA Class 1A final at Cumberland Valley’s Chapman Field on Thursday. Tied 14-14 late in the third quarter, defense powered the Marauders the rest of the way while their offense cooked for 27 straight points to go the distance. • Sign up for PennLive’s daily high school sports newsletter Taurean Consiglio led the way for Bishop Guilfoyle with 15 rushes for 160 yards and four touchdowns. Hamilton Gates took seven carries for 101 yards and a touchdown. Braden Reilly intercepted a pass and pulled down a 27-yard touchdown. Chase Kissell recovered a fumble as well. Aiden Bliss, who entered the game with 3,180 rushing yards, 57 total touchdowns and 22 two-point conversions, ranked fourth nationally in scoring. He amassed 249 yards and three touchdowns on 47 totes to end his junior season. You can watch video highlights of the game below. Thanks for visiting PennLive. Quality local journalism has never been more important. We need your support. Not a subscriber yet? Please consider supporting our work. – Follow Evan Wheaton on X/Twitter @EvanWheaton ©2024 Advance Local Media LLC. Visit pennlive.com . Distributed by Tribune Content Agency, LLC.

La Liga Barcelona were stunned on Saturday evening as Celta Vigo scored twice in the final exchanges of their contest to secure a point in a pulsating 2-2 draw at the Estadio Municipal de Balaidos. Hansi Flick 's side were two goals ahead and cruising before Marc Casado was sent off in the 82nd minute, and Celta then scored twice in the space of two minutes to secure an unlikely point in front of their own fans. Barcelona remain top of the La Liga table , five points ahead of second-placed Atletico Madrid and seven clear of third-placed Real Madrid, who have two games in hand, while Celta sit 11th in Spain's top flight. The visitors made the breakthrough in the 15th minute of the contest through Raphinha , who collected a long pass from Jules Kounde before driving into the penalty area and picking out the bottom corner with a composed finish. Robert Lewandowski also had the ball in the back of the Celta net towards the end of the first period, but his effort was disallowed for offside, with just one goal separating the two teams at the interval. Celta were a threat, having six shots in the first half, although just one of those was on target, with Barcelona proving to be the more productive outfit from that point of view, registering three shots on target from five attempts in the opening 45 minutes. Barcelona registered their second of the match in the 61st minute, and the goalscorer was not a surprise, with Lewandowski bundling his way into the penalty box before slotting past Celta goalkeeper Vicente Guaita to score his 20th goal of the season. Casado was handed a red card in the 82nd minute after picking up a second yellow, though, and Celta then scored through Alfonso Gonzalez and Hugo Alvarez in the space of two minutes to secure an incredible point for the Sky Blues. What a season Raphinha is having 🔥 The Barcelona star opens the scoring for his side against Celta de Vigo 🔵🔴 pic.twitter.com/VLhvG413XI Barcelona make the breakthrough in the 15th minute of the contest through Raphinha, with the Brazilian collecting a pass from Kounde before driving into the Celta box and picking out the bottom corner. Not too sure about the defending from Oscar Mingueza there. "Persistence pays off!" 🎙️ Raphinha does brilliantly to set up Robert Lewandowski who makes it 2-0 🇵🇱 pic.twitter.com/2TTe7o1hTQ Barcelona double their advantage in the 61st minute of this contest, as Lewandowski bundles his way into the Celta penalty box before finding a finish; once again it is untidy defending from Celta. 82nd min: Marc Casado (Barcelona) red card Barcelona are reduced to 10 men, with Casado receiving his marching orders after picking up a second yellow card. 84th min: Celta 1-2 Barcelona (Alfonso Gonzalez) Celta get one back in the 84th minute, as Gonzalez wrestles Kounde off the ball before finishing into the bottom corner. Can the home side launch a late comeback against the division leaders? 86th min: Celta 2-2 Barcelona (Hugo Alvarez) Incredible scenes! Celta make it 2-2 in the 86th minute, less than two minutes after levelling, with Alvarez showing excellent feet inside the Barcelona box before feeding the ball into the bottom corner. © Imago Raphinha made the breakthrough in Vigo, with the Brazilian now on 13 goals and 10 assists in 18 appearances in all competitions this season, and he deserved to be on the winning side on Saturday night. The 27-year-old has taken his performances to a new level during the 2024-25 campaign, and Celta struggled to deal with him, particularly in the first period, with the forward putting in yet another excellent display. Possession: Celta Vigo 41%-59% Barcelona Shots: Celta Vigo 15-9 Barcelona Shots on target: Celta Vigo 8-4 Barcelona Corners: Celta Vigo 5-1 Barcelona Fouls: Celta Vigo 13-9 Barcelona 8 - Raphinha has scored eight goals in LaLiga 2024/25, his best tally in a single season with Barcelona in the competition and only with Leeds in the Premier League 2021/22 he managed to score more goals in a single campaign in top five European leagues (11). Inspired. pic.twitter.com/OZbniQviBJ Players in Europe's top five leagues with 20+ goals across all competitions: Robert Lewandowski Harry Kane No other player has more than 15. pic.twitter.com/AvGlUs1BHR Barcelona's attention will now switch to the Champions League, with the Catalan side facing Brest in the league phase of the competition on Tuesday night, before hosting Las Palmas in La Liga next Saturday. Celta, meanwhile, will be aiming to build on the positive result when they travel to Espanyol next Saturday.Matías Tarnopolsky to become New York Philharmonic CEO, teaming with Gustavo Dudamel

FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup

A burden has been lifted off Lora Wood’s shoulders. Lora Wood was one of 39 people who had non-violent convictions pardoned by President Joe Biden on Dec. 12, 2024. For 20 years, the 39-year-old Maxwell, Nebraska resident has been living under the pall of having been convicted of a felony. That limited her career opportunities. It also made her unable to own a firearm, which, as a livestock farmer, created difficulty at times. Wood was one of 39 people who had their non-violent convictions pardoned by U.S. President Joe Biden on Thursday. Biden also commuted the sentences of close to 1,500 people. Wood’s pardon stems from 2004, when she pleaded guilty to possession of methamphetamine with intent to distribute. Wood said when she was 19, she got involved with the wrong guy. Wood served one year in federal prison in Illinois and four years under supervised release as part of her plea agreement. Today, Wood said she's happy; living with her husband, Jeremy, and two children. She works as a graphic designer for Pro Printing and Graphics — a printing company owned by her mother-in-law in North Platte — and spends time on the farm. Having been clean for 20 years, Wood remains active in the community. She volunteers helping animals through Paws-itive Partners Humane Society in North Platte. With the humane society, she has organized pet food fundraisers, including Woofstock, an event where people can come with their dogs to a carnival-like atmosphere. She also works with therapy dogs. Wood began applying for a pardon five years ago. As part of her application process, the Federal Bureau of Investigation interviewed her, her family and her employers both present and past. When she got the call on Wednesday, she was moved to tears. “I was really excited,” she said. “This has been one of those things where you don’t have any information. It just came out of the blue.” In a press release, the White House noted Wood’s steady employment and volunteer service. The White House added Wood has been praised for her work ethic and devotion to her children. Although it does not expunge Wood’s conviction, she believes the pardon will give her better job opportunities and access to a firearm, which she said would come in handy if she needs to put down a sick pig at her and her husband’s farm. “Trying to put down a pig without a gun is a very difficult process,” Wood said. “We have to call neighbors to do it for us.” She also said the pardon would allow her to visit nursing homes to help comfort residents with a therapy dog. Wood said her drug conviction prevented her from doing that. Wood is thankful her pardon will now allow her to put a dark chapter of her past behind her. “It’s definitely lifted a burden off my shoulders,” she said. “I can move forward and basically never have to think about it again.” A few snowflakes rest on a hand rail at the Gerald R. Ford Birthsite and Gardens in Omaha on Monday, Dec. 2, 2024. Watie White prepares to hang the portraits he drew for an exhibit inside the carriage house at the Joslyn Castle in Omaha on Tuesday, Dec. 3, 2024. Watie White poses for a portrait holding some potraits he drew that will hang in an exhibit inside the carriage house at the Joslyn Castle in Omaha on Tuesday, Dec. 3, 2024. Creighton's Pop Isaacs (2) goes up for a 3-pointer s head coach Greg McDermott motions in the background during the second half of a men's college basketball game against Kansas at the CHI Health Center in Omaha on Wednesday, Dec. 4, 2024. Creighton players react as they are unveiled on the NCAA Volleyball Tournament bracket during a watch party at DJ's Dugout in Omaha on Sunday, Dec. 1, 2024. Creighton's Jackson McAndrew (23) and Fedor Žugić (7) take a selfie with fans after defeating Kansas, 76-63, at the CHI Health Center in Omaha on Wednesday, Dec. 4, 2024. Stay up-to-date on the latest in local and national government and political topics with our newsletter.Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon MuskTrudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says

Oracle Corporation's ( NYSE: ORCL ) stock has been my long-time favourite in the cloud space since I turned bullish on the stock in late 2020. The stock has also been among the first names that I rated as a high-conviction idea This idea was discussed in further detail in The Roundabout Investor. To find similar investment opportunities and learn more about how the roundabout investment philosophy could protect portfolio returns during market downturns, follow this link . Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors. He graduated from the London School of Economics and is interested in finding reasonably priced businesses with sustainable long-term competitive advantages. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Please do your own due diligence and consult with your financial advisor, if you have one, before making any investment decisions. The author is not acting in an investment adviser capacity. The author's opinions expressed herein address only select aspects of potential investment in securities of the companies mentioned and cannot be a substitute for comprehensive investment analysis. The author recommends that potential and existing investors conduct thorough investment research of their own, including a detailed review of the companies' SEC filings. Any opinions or estimates constitute the author's best judgment as of the date of publication and are subject to change without notice. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.