Monday, December 23

Tag: World

Elon Musk dealt $155 billion blow by judge over Tesla pay package

Elon Musk's record-breaking pay package for serving as Tesla's CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth around $101 billion (approx $AUD155 billion) based on Tesla's closing share price Monday, is made up of 303 million Tesla stock options. It had been previously thrown out in January by the same judge, Delaware Chancery Court Chancellor Kathaleen McCormick. Elon Musk's $155 billion-dollar pay packet has been blocked by a judge. (CNN) The package was worth around $56 billion ($A85 billion) at the time the judge threw out the package. At the time, McCormick ruled in favour of the main shareholder in the suit who challenged the package, arguing that Musk and the Tesla bo...

What to know about the ceasefire deal between Israel and Lebanon’s Hezbollah

A ceasefire deal that went into effect on Wednesday could end more than a year of cross-border fighting between Israel and Lebanon's Hezbollah militant group, raising hopes and renewing difficult questions in a region gripped by conflict. The US- and France-brokered deal, approved by Israel late Tuesday, calls for an initial two-month halt to fighting and requires Hezbollah to end its armed presence in southern Lebanon, while Israeli troops are to return to their side of the border. It offers both sides an off-ramp from hostilities that have driven more than 1.2 million Lebanese and 50,000 Israelis from their homes. An intense bombing campaign by Israel has left more than 3700 people dead, many of them civilians, Lebanese officials say. More than 130 people have been killed on ...

Australia backs Palestinians’ ‘permanent sovereignty’ at UN in significant foreign policy shift

Australia has voted to recognise Palestinians' "permanent sovereignty" over their natural resources in a significant foreign policy shift that breaks with the US and Israel. Votes in favour of two United Nations draft resolutions on Wednesday (Thursday AEDT) are the latest in a series of more pro-Palestinian votes Australia has taken at the global body, angering local pro-Israel groups but draw praise from Palestinian advocates. The draft resolution in the UN's Second Committee recognised the "permanent sovereignty of the Palestinian people in the Occupied Palestinian Territory, including East Jerusalem, and of the Arab population in the occupied Syrian Golan over their natural resources". Votes on both resolutions will now go to the UN's General Assembly. (AP Photo/Julia Ni...

FEMA employee fired after telling relief team to skip houses with Trump signs following Florida hurricane

A Federal Emergency Management Agency employee has been fired after they advised their disaster relief team to avoid homes with signs supporting former President Donald Trump while canvassing in Florida in the aftermath of Hurricane Milton, the agency's administrator said on Saturday. FEMA Administrator Deanne Criswell called the actions of the employee "reprehensible" and said they have been terminated from their role. "More than 22,000 FEMA employees every day adhere to FEMA's core values and are dedicated to helping people before, during and after disasters, often sacrificing time with their own families to help disaster survivors," Criswell wrote in a post on X before describing the employee's actions. Campaign signs are seen outside the Palm Beach County Superviso...

A presidential campaign unlike any other ends on Wednesday. Here’s how we got here

It's the election that no one could have foreseen. Not so long ago, Donald Trump was marinating in anger at Mar-a-Lago after being impeached twice and voted out of the White House. Even some of his closest allies were looking forward to a future without the charismatic yet erratic billionaire leading the Republican Party, especially after his failed attempt to overturn an election ended in violence and shame. When Trump announced his comeback bid two years ago, the New York Post buried the article on page 26. At the same time, Kamala Harris was languishing as a low-profile sidekick to US President Joe Biden. Once seen as a rising star in the Democratic Party, she struggled with both her profile and her portfolio, disappointing her supporters and delighting her critics. No one w...

Trump’s Madison Square Garden event features crude and racist insults

Donald Trump has hosted a rally featuring crude and racist insults at New York's Madison Square Garden, turning what his campaign had dubbed as the event where he would deliver his closing message into an illustration of what turns off his critics. With just over a week before Election Day, speakers at the rally on Sunday night (Monday morning AEDT) labelled Puerto Rico a "floating island of garbage", called Democratic Vice President Kamala Harris "the devil", and said the woman vying to become the first woman and Black woman president had begun her career as a prostitute. "I don't know if you guys know this, but there's literally a floating island of garbage in the middle of the ocean right now. I think it's called Puerto Rico," said Tony Hinchcliffe, a stand-up comic whose se...
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