Author: Newyorki

Tesla plans to seek shareholder approval once more for a $56 billion compensation plan endorsed in 2018 for CEO Elon Musk, which was invalidated by a US court earlier this year. According to a submission to federal regulators on Wednesday, Tesla’s Chair Robyn Denholm affirmed the board’s support for the initial proposal. Denholm argued that the company’s ethos of embracing significant risks in pursuit of substantial rewards has been a longstanding feature. Musk’s compensation package, valued at up to $55.8 billion in 2018, was invalidated by a Delaware court in January following a complaint from a shareholder. The court ruled…

As jury selection continues, Juan Merchan admonished the former president for “gesturing and speaking in the direction of the juror,” cautioning against potential juror intimidation during Donald Trump’s criminal hush-money trial. The judge issued a stern rebuke, emphasizing, “I won’t have any jurors intimidated in this courtroom.” Despite Trump’s apparent misbehavior, the trial’s progress remained uninterrupted, with seven jurors selected by the end of the day. Judge Juan Merchan’s remark followed the resumption of jury selection after lunch, prompted by the discovery of a video on a potential juror’s social media. The video depicted a street celebration over Trump’s loss…

The US Supreme Court, with its conservative majority, has allowed an Idaho law targeting medical procedures for transgender youth to be enforced while a legal challenge unfolds. Although the court didn’t address the law’s constitutionality, it lifted an injunction preventing its enforcement during the ongoing lawsuit. The 2023 law subjects medical practitioners to potential imprisonment of up to 10 years for offering treatments like puberty blockers, hormone therapy, or surgery to minors. Puberty blockers have been utilized to help young adolescents exploring gender transition by postponing undesired physical changes. Advocates argue that these treatments effectively address gender dysphoria, a condition…

At the United Nations, Israel and Iran traded accusations on Sunday, each labeling the other as the main threat to peace in the Middle East. Israel’s UN Ambassador Gilad Erdan asserted that Iran, whom he called the “number one global sponsor of terror,” had revealed its true face as a destabilizer of the region and the world, following Tehran’s unprecedented attack on Israel overnight. Erdan urged the Security Council to “take action,” stating that “the mask comes off and the gloves must come on.” Erdan urged the Security Council to designate the Revolutionary Guards, Iran’s ideological army, as a terrorist…

Court filings on Monday revealed that Tesla has reached a settlement with the family of an engineer who tragically lost his life in a Model X crash in Silicon Valley six years ago. The settlement comes just before a scheduled jury trial, which was set to commence the following week, in a wrongful death lawsuit. The lawsuit accused Tesla of failing to fulfill its marketing promises regarding driver-assistance and safety technology in its vehicles. According to the court documents filed on Monday, both Tesla and the family of Wei Lun Huang, the deceased engineer, have agreed to a settlement. The…

As a rare total solar eclipse graces North America on Monday, scientists eagerly anticipate the opportunity to gather invaluable data on various phenomena, ranging from the Sun’s atmosphere to peculiar animal behaviors and potential effects on humans. This celestial event occurs as the Sun approaches the apex of its 11-year solar cycle, promising a mesmerizing spectacle: the corona’s dazzling glow against the Moon’s silhouette along the path of totality, spanning from Mexico to Canada through the United States. NASA Deputy Administrator Pam Melroy highlighted the “incredible scientific opportunities” presented by total solar eclipses during a recent press conference on the…

Muhammad Ali’s iconic shorts from his historic “Thrilla in Manila” boxing match are now available for auction at Sotheby’s in New York, representing a burgeoning market for sports memorabilia sought after by auction houses. Since late March, bids for the Everlast-brand shorts, which feature white with black stripes and bear Ali’s signature, have been steadily pouring in, with the latest bid reaching $3.8 million. The auction will remain open until April 12, offering enthusiasts and collectors a chance to own a piece of sporting history. As Sotheby’s conducts a series of sports auctions, featuring items like NBA star Victor Wembanyama’s…

US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu are scheduled to hold a conversation on Thursday, according to a US official. This communication marks their first discussion since an Israeli airstrike resulted in the deaths of seven aid workers in Gaza. Biden’s expression of outrage following the incident emphasized the need for Israel to enhance efforts to safeguard aid workers and civilians. “I can confirm President Biden and Prime Minister Netanyahu will speak tomorrow,” stated a US official familiar with the situation on Wednesday. Netanyahu has stated that the Israeli military unintentionally caused the deaths of the aid…

NASA announced on Tuesday that it is investigating an object that crashed into a Florida man’s home, a potential fragment from the International Space Station. Alejandro Otero, residing in Naples, Florida, shared on X that the object “penetrated the roof and passed through 2 floors” of his house, narrowly missing his son, on March 8. Otero suspects it may be a section of a cargo pallet containing aged batteries that NASA ground control crews ejected from the space station in 2021. According to official forecasts, the object was expected to safely disintegrate upon reentering Earth’s atmosphere on March 8. Otero…

A court ruling prohibits Trump from retaliating against family members of attorneys and court personnel involved in the case linked to hush-money payments. The judge presiding over Donald Trump’s upcoming criminal trial in New York has extended an existing gag order on Monday. This expansion now prevents the former president from making inflammatory remarks about the judge’s family members, who have become the targets of Trump’s personal attacks. The updated protective order still permits Trump to criticize the judge and Manhattan District Attorney Alvin Bragg. Bragg had charged Trump last year with falsifying records to conceal a sex scandal before…