Compensation

According to an SEC filing, Spirit Airlines, Inc. (OTC:SAVEQ) CEO Ted Christie was paid a $3.8 million retention bonus just one week before the budget airline filed for bankruptcy.  The Details: Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday and announced a comprehensive...

Delaware Chancery Court Judge Kathaleen St. J. McCormick said Thursday that she will hear arguments on whether to consider the recent shareholders' vote results in her decision on Elon Musk's $56 billion Tesla, Inc. (NASDAQ:TSLA) pay package.  The Details: According to a Bloomberg report,...

Well-known tech analyst Dan Ives has urged Tesla Inc.’s (NASDAQ:TSLA) board to secure Elon Musk‘s position in the company with a new compensation package. What Happened: On Thursday, in a post on X, formerly Twitter, Ives emphasized that it was time for Tesla’s board to...

In a recent development, activist investors are leveraging a court ruling that could potentially reshape Tesla Inc.’s (NASDAQ:TSLA) corporate governance, potentially curtailing Elon Musk’s influence. What Happened: A Delaware judge’s decision to nullify Musk’s approximately...

A 2018 compensation plan for Tesla Inc (NASDAQ:TSLA) CEO Elon Musk that was worth over $55 billion was voided Tuesday in a ruling by a Delaware judge. A leading Tesla analyst weighs in on what the ruling means and what's next for Tesla. The Tesla Analyst: Wedbush analyst Daniel Ives has an...

Robyn Denholm, the chair of Tesla Inc (NASDAQ: TSLA) and a prominent Australian businesswoman, is preparing to sell a portion of her Tesla stock valued at up to $50 million.  What Happened: Electrek reported a new SEC filing revealed Denholm's plan to potentially sell...

Following a temporary hiring freeze, Amazon.com Inc (NASDAQ: AMZN) has significantly accelerated its recruitment for Amazon Ads, its rapidly growing advertising arm. What Happened: The division mainly supports innovative products like TV ad formats. As of Dec. 8, Amazon Ads listed...

Several tech companies scored well on a recent analysis of employee satisfaction regarding compensation, but none of the usual mega-cap suspects made the top 10.  What To Know: Many tech companies, especially cybersecurity firms, performed well on compensation analysis from...

A detailed internal document from Google (NASDAQ: GOOGL) employees recently came to light, offering an unprecedented glimpse into the company's compensation across a variety of positions and demographics in the U.S. What Happened: The spreadsheet, which encapsulated data...

Following weeklong delays and cancellations, United Airlines Holdings Inc (NASDAQ: UAL) compensates affected passengers with 30,000 frequent flyer miles.  Last week, storms forced many U.S. airlines to cancel roughly 7,900 flights, and more than 42,000 flights arrived late from last...

Elon Musk, who is credited with founding and running Tesla Inc (NASDAQ: TSLA), the leader in the global electric vehicle market, takes the top honors in corporate America's executive compensation. Musk On Top: Musk was the highest-paid executive in 2020, and his...

The announcement that Tesla would be included in the S&P 500 sent the electric vehicle stock higher Monday night and Tuesday. The move is helping to increase the sizable wealth of Tesla CEO Elon Musk. What Happened: The S&P 500 announced that Tesla Inc. (NASDAQ: TSLA)...

Air travel is amazing: Being able to get across the globe in just a few hours is mind-blowing. Right? However, frequent travelers and occasional flyers can agree on the fact that there are a few very frustrating things involved in air travel. As the most recent scandals involving United Continental...