Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based package

Tesla’s battle to reinstate Elon Musk’s $45bn (£35bn) pay package is far from over, according to legal experts, despite shareholders backing the chief executive’s remuneration deal.

Investors in the electric carmaker re-ratified the pay deal on Thursday after it had been struck down by a judge in the US state of Delaware. The company’s chair, Robin Deynholm has already pledged to “put it back in front of the court”.

Continue reading...

💾

© Photograph: Mario Anzuoni/Reuters

💾

© Photograph: Mario Anzuoni/Reuters

The vote was seen as a referendum on his management of the electric car maker and on the limits of executive pay.

© David Swanson/Reuters

The vote is seen as a referendum on the limits of executive pay and the accountability of Silicon Valley billionaires.

© Anthony Gerace

Verdict comes after week-long trial in Biden family home town of Wilmington, Delaware

Hunter Biden, the eldest living son of the US president, was found guilty Tuesday on all three felony counts he faced relating to buying a handgun while being a user of crack cocaine.

Biden received the verdict in court as his friends and family, including the first lady, Jill Biden, stood in support.

Continue reading...

💾

© Photograph: Jim Lo Scalzo/EPA

💾

© Photograph: Jim Lo Scalzo/EPA

President’s son, who has declined to testify, charged with three felonies stemming from purchase of firearm in 2018

Jurors in Hunter Biden’s gun trial have begun deliberating to decide whether the president’s son is guilty of federal firearms charges over a revolver he bought when prosecutors say he was addicted to crack cocaine.

Hunter Biden is charged with three felonies stemming from the purchase of the gun in 2018. Prosecutors say he lied on a federal form by saying he was not illegally using or addicted to drugs.

Continue reading...

💾

© Photograph: Hannah Beier/Reuters

💾

© Photograph: Hannah Beier/Reuters

The federal trial of the president’s son undermines Trump’s claim of a weaponized DoJ, but the right aims to make hay regardless

The picture of criminal behavior and a dissolute lifestyle was painted in sometimes painfully frank testimony in a Delaware court room last week and would have been difficult to hear for the family of any defendant.

But Hunter Biden, the man in the dock in Wilmington, is no ordinary plaintiff; he is the son of the president of the United States.

Continue reading...

💾

© Photograph: Matt Slocum/AP

💾

© Photograph: Matt Slocum/AP