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David Hamilton, Associated Press

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David’s Recent Stories

Economy Jun 13

Tesla shareholders restore CEO Elon Musk’s $44.9 billion pay package in annual meeting vote

The favorable vote doesn’t necessarily mean that Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court and Supreme Court for months as Tesla tries to overturn the rejection.

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The FTC's move represents the most significant regulatory threat so far to the nascent but fast-growing AI industry.

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The National Highway Traffic Safety Administration is investigating a Ford Motor Co. recall of more than a quarter-million Explorer SUVs in the U.S. after receiving complaints about repairs intended to prevent the vehicles from unexpectedly rolling away even while placed…

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