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Elon Musk ‘s whopping $56bn compensation package for serving as Tesla’s CEO has been rejected again by a US judge, despite shareholders of the electric vehicle company voting to reinstate it. The ruling by the judge, Delaware Chancery Court Chancellor Kathaleen McCormick, follows her decision in January which called the pay package “unfathomable” and rescinded it. At the time she said because Musk was a controlling shareholder with a potential conflict of interest, the pay package must be subject to a more rigorous standard. The pay package was 33 times larger than the next biggest executive compensation package, which was Musk’s 2012 pay plan. Musk has not yet commented on the latest ruling. Tesla has said in court filings that the judge should recognise a subsequent June vote by its shareholders in favor of the pay package for Musk, the company’s driving force who is responsible for many of its advances, and reinstate his compensation. McCormick said Tesla’s board was not entitled to hit “reset” to restore Musk’s pay package. “Were the court to condone the practice of allowing defeated parties to create new facts for the purpose of revising judgments, lawsuits would become interminable,” she said in her 101-page opinion. She also said Tesla made multiple material misstatements in its proxy statement regarding the vote, and could not claim the vote was a “cure-all” to justify restoring Musk’s pay. “Taken together,” the problems with Tesla’s arguments “pack a powerful punch,” she wrote. Tesla shares fell 1.4% in after hours trade, after the ruling. McCormick also ordered Tesla to pay the attorneys who brought the case $345m, well short of the $6bn they initially requested. She said the fee could be paid in cash or Tesla stock. “We are pleased with Chancellor McCormick’s ruling, which declined Tesla’s invitation to inject continued uncertainty into Court proceedings,” said a statement from Bernstein Litowitz Berger & Grossmann, one of the three law firms for the plaintiff. The law firm also said it looked forward to defending the court’s opinion if Musk and Tesla appealed. Musk and Tesla can appeal to the Delaware Supreme Court as soon as McCormick enters a final order, which could come as soon as this week. The appeal could take a year to play out. After the January ruling, Tesla shareholders flooded the court with thousands of letters arguing that rescinding Musk’s pay increased the possibility he would leave Tesla or develop some products like artificial intelligence at ventures other than Tesla. Attorneys for shareholder Richard Tornetta, who sued in 2018 to challenge Musk’s compensation package, had argued that Delaware law does not permit a company to use a ratification vote to essentially overturn the ruling from a trial. McCormick in January found that Musk improperly controlled the 2018 board process to negotiate the pay package. The board had said that Musk deserved the package because he hit all the ambitious targets on market value, revenue and profitability. But the judge criticised Tesla’s board as “beholden” to Musk, saying the compensation plan was proposed by a board whose members had conflicts of interest due to close personal and financial ties to him. After the January ruling, Musk criticised the judge on his social media platform X and encouraged other companies to follow the lead of Tesla and reincorporate in Texas from Delaware, although it is unclear if any companies did so. Musk’s 2018 pay package gave him stock grants worth around 1% of Tesla’s equity each time the company achieved one of 12 tranches of escalating operational and financial goals. Musk did not receive any guaranteed salary. Tornetta argued that shareholders were not told how easily the goals would be achieved when they voted on the package. With agenciesMILWAUKEE, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Company”) announced that shareholders of the Company’s Class B Common Voting Stock have voted unanimously in favor of the election of the director nominees to a one-year term at the Company’s annual meeting of shareholders held today in Milwaukee. Elected to the Brady Corporation Board of Directors are: Patrick W. Allender, Executive Vice President and Chief Financial Officer (Retired), Danaher Corporation Dr. David S. Bem, Vice President of Science and Technology and Chief Technology Officer, PPG Industries, Inc. Dr. Elizabeth P. Bruno, President, Brady Education Foundation Joanne Collins Smee, Executive Vice President and President of the Americas (Retired), Xerox Corporation Deidre E. Cusack, Executive Vice President of Global Products & Solutions (Retired), Dematic Christopher M. Hix, Chief Financial Officer (Retired), Enovis Corporation Vineet Nargolwala, President, CEO and a director, Allegro MicroSystems, Inc. Bradley C. Richardson, Executive Vice President and Chief Financial Officer (Retired), Avient Corporation Dr. Michelle E. Williams, Global Group President (Retired), Altuglas International, an affiliate of Arkema S.A. Russell R. Shaller, President and Chief Executive Officer, Brady Corporation. At the Board of Directors meeting on December 3, 2024, the Board declared a dividend to shareholders of the Company's Class A Common Stock of $0.24 per share, payable on January 31, 2025, to shareholders of record at the close of business on January 10, 2025. Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914, the Company has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and a variety of other industries. Brady is headquartered in Milwaukee, Wisconsin and as of July 31, 2024, employed approximately 5,700 people in its worldwide businesses. Brady’s fiscal 2024 sales were approximately $1.34 billion. Brady stock trades on the New York Stock Exchange under the symbol BRC. More information is available on the Internet at www.bradyid.com . For More Information Contact: Investor Contact: Ann Thornton (414) 438-6887 Media Contact: Kate Venne (414) 438-5176US to transform white elephant destroyers by fitting hypersonic weaponsSCOTS BUDGET: At a glance Click here to visit the Scotland home page for the latest news and sport By DAILY MAIL REPORTER Published: 17:50 EST, 4 December 2024 | Updated: 17:50 EST, 4 December 2024 e-mail View comments The thresholds for the 42p higher rate of income tax, the 45p advanced rate and the 48p top rate will all be frozen, which will draw tens of thousands more workers into paying them. Thresholds for paying the basic 20p rate and 21p intermediate rate will rise by 3.5 per cent, providing a maximum benefit of £14.51 a year. No further increases in income tax rates will be introduced before the end of this parliament in 2026, and no new bands will be created. The ‘additional dwelling supplement’, or second homes tax, will rise from 6 per cent to 8 per cent while Land and buildings transaction tax rates will be frozen and a review will be launched next spring. The council tax freeze will be lifted, and no cap will be applied on increases by the Scottish Government while funding for local authorities will rise by more than £1 billion, to £15 billion. Health and social care funding will rise by £2 billion, to a record £21.7 billion, with the extra money partly used to tackle soaring waiting times. Spending on social security will rise by nearly £800 million. It is forecast to rise further from £6.9 billion in 2025/26 to £8.8 billion in 2029/30. Devolved benefits will rise in line with inflation next year. The two-child benefit cap will be scrapped in Scotland - although not until 2026 and ministers have not yet provided any detail. The move will require the cooperation of the UK Government. Public sector workers will be given a nine per cent pay rise over the next three years, under the pay policy set out by the Scottish Government. Pubs and restaurants will be provided with 40 per cent business rates relief but retail and leisure firms will not receive any business rates relief in Scotland next year, despite the two sectors being supported with 40 per cent relief south of the Border. Farmers said that a commitment to £660 million of support fell short of their demands. Housing funding will be restored to the levels of two years ago, following a backlash at a cut in last year’s budget. It will include £786 million for affordable housing. Culture funding will rise by a record £34 million. An ‘external affairs’ budget - which includes spending on international offices, will rise from £26.3 million this year to £27.6 million. Share or comment on this article: SCOTS BUDGET: At a glance e-mail Add commentstarbet777

Over the years, Costco Wholesale ( COST 1.07% ) investors have become accustomed to collecting special dividends when the company has a strong year. However, special dividend payments are even less of a guarantee than regular dividend payments as they don't follow a schedule. Just because a company makes them one time doesn't mean it will again. But Costco has made special dividend payments multiple times in the past several years. And last year, that announcement came in December. Should investors expect another special dividend payment from Costco this year? Costco has announced a special dividend in 3 of the past 7 years Last year, Costco announced a special dividend of $15 per share, which coincided with the release of its first-quarter results. Prior to that, it paid a special dividend of $10 per share in 2020, which came a few years after making a special dividend payment of $7 per share in 2017. The company also made special dividend payments in 2015 ($5) and 2012 ($7). While Costco has made many of these types of payments in the past, it has yet to do them in back-to-back years. But with special dividend payments, investors shouldn't rely strictly on patterns as they're likely due more to sheer profit growth than anything else. Costco may feel compelled to reward its investors through special dividends. Otherwise, it might seem like an underwhelming dividend stock to own, given its modest 0.5% yield. That's well shy of the S&P 500 average of more than 1.2%. Could Costco justify a special dividend payment this year? Costco has been a growth machine over the years, and that's made it possible for the company to offer such high rates of special dividend payments. Its payout ratio is a relatively modest 26% of earnings. While the company could justify a big increase to its recurring quarterly dividend payments, Costco seems to prefer nonrecurring special dividend payments. These can give it much more flexibility and result in less pressure by not creating the expectation of higher recurring payments, which could drain its cash and limit its growth opportunities. Now, amid more tepid growth and potentially more challenging economic conditions, it may be difficult for Costco to justify making another special dividend payment in December, especially since it made one just last year. That's ultimately why I wouldn't expect it to happen. The company isn't having a banner year to justify making the exception. COST Net Income (Quarterly Year-Over-Year Growth) data by YCharts. While Costco may be able to justify making a modest special dividend payment, the company has been increasing the rate of these bonuses in recent years. Assuming it wants to continue that trend, it will probably hold off on any such announcement for the time being. Is Costco stock still a good buy today? As of Monday, shares of Costco were up more than 44% this year. Investors have continued to buy the stock despite paying a fairly rich multiple of 58 times its trailing earnings. While Costco is a fantastic business to invest in, I wouldn't buy it today, due to its extremely high price tag. It can still rise in value over the long run, but its returns may be limited due to the premium at which it trades today. Costco isn't a bad buy, but there are many cheaper stocks that investors may want to consider, instead.



Pooches in pullovers strut their stuff at London's canine Christmas sweater paradeNEW YORK, Dec. 27, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of ordinary shares of ASML Holding N.V. (NASDAQ: ASML) between January 24, 2024 and October 15, 2024, both dates inclusive (the “Class Period”), of the important January 13, 2025 lead plaintiff deadline. SO WHAT: If you purchased ASML ordinary shares during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the ASML class action, go to https://rosenlegal.com/submit-form/?case_id=31159 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the issuers being faced by suppliers, like ASML, in the semiconductor industry were much more severe than defendants had indicated to investors; (2) the pace of recovery of sales in the semiconductor industry was much slower than defendants had publicly acknowledged; (3) defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells; and (4) as a result, defendants’ statements about ASML’s business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the ASML class action, go to https://rosenlegal.com/submit-form/?case_id=31159 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com

ASML FINAL DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages ASML Holding N.V. Investors ...24th annual Bell Capital Cup returns to arenas across OttawaThe Nagaland government signed a Memorandum of Understanding (MoU) with the British High Commission to reserve five annual slots in the prestigious Chevening Scholarship for aspirants from the state. The MoU was signed by Investment & Development Authority of Nagaland Chairman Abu Metha and British Deputy High Commissioner in Kolkata Andrew Fleming at the chief minister's official residence on Saturday, a statement said. The pact was inked in the presence of Chief Minister Neiphiu Rio and British High Commissioner Linda Cameron. The Chevening Scholarship provided by the UK government is aimed at nurturing exceptional individuals with leadership potential , the statement said. This collaboration will provide full funding for a one-year master's degree at any UK university, equipping scholars with advanced knowledge and skills in their chosen fields, it said. (Join our ETNRI WhatsApp channel for all the latest updates) Under the terms of the MoU, the Nagaland government would part-fund the reserved slots, enabling aspirants from the state to join Chevening's global network of change-makers, it added. Finance Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Finance AI and Generative AI for Finance By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI for Everyone: Understanding and Applying the Basics on Artificial Intelligence By - Ritesh Vajariya, Generative AI Expert View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Web Development Master RESTful APIs with Python and Django REST Framework: Web API Development By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Tally Prime & GST Accounting: Complete Guide By - CA Raj K Agrawal, Chartered Accountant View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Finance: Finance Beginner Course By - elearnmarkets, Financial Education by StockEdge View Program Finance Crypto & NFT Mastery: From Basics to Advanced By - CA Raj K Agrawal, Chartered Accountant View Program Leadership Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program RECOMMENDED STORIES FOR YOU All you need to about Chevening Scholarship Australia's 126% student visa fee hike makes Indian students consider Plan B Scholarships to help finance your study abroad: A country-wise guide This partnership is a transformative step for Nagaland, which is poised for significant economic and social growth. With the state requiring advanced human capital to drive its development, these scholarships will play a pivotal role in cultivating future leaders, fostering global academic engagement, and showcasing Nagaland's potential on the international stage, the statement said.

IPG Photonics Corp. stock underperforms Thursday when compared to competitors despite daily gainsAurora City Council to vote on establishing education savings accounts for kindergarten students

It’s hard to do a comprehensive Top 10 movie list when Winnipeg cineastes are once again at that frustrating annual juncture: We’re hearing about some of the buzziest films of the year — titles like , even the much-awarded feature from former Winnipegger Matthew Rankin — but still waiting on them to sneak into our town some time in 2025. Read this article for free: Already have an account? To continue reading, please subscribe: * It’s hard to do a comprehensive Top 10 movie list when Winnipeg cineastes are once again at that frustrating annual juncture: We’re hearing about some of the buzziest films of the year — titles like , even the much-awarded feature from former Winnipegger Matthew Rankin — but still waiting on them to sneak into our town some time in 2025. Read unlimited articles for free today: Already have an account? It’s hard to do a comprehensive Top 10 movie list when Winnipeg cineastes are once again at that frustrating annual juncture: We’re hearing about some of the buzziest films of the year — titles like , even the much-awarded feature from former Winnipegger Matthew Rankin — but still waiting on them to sneak into our town some time in 2025. Maybe we can’t be exhaustive. We can, however, be exhausted. This was a wearying, chaotic year out there in the real world, and a lot of those anxieties — about environmental devastation, artificial intelligence, civil strife, political polarization — seemed to have seeped onto the big screen. Here are some random observations on the movie year that was — the best, the worst and the most nervous. With a bang? With a whimper? How about with a riff on a Neil Young song? From the multiplex to the arthouse, there were a lot of catastrophic cinematic scenarios this year. Taking a deeply angry but deadpan funny approach to global cataclysm, is from the made-in-Manitoba directorial team of Guy Maddin, Galen Johnson and Evan Johnson. This unclassifiable horror/comedy/soap centres on the leaders of the G7 countries, who can be seen wandering ineffectually in a forest as the world descends into some unspecified disaster. , from Romanian filmmaker Radu Jude, is also furiously hilarious (or maybe hilariously furious) as it deals with the ruthlessness of multinational capitalism, the breakdown of liberal democracy and the toxicity of social media. A road-trip flick that drives in circles, it evokes a state of numbness so entrenched that even the apocalypse will feel — as the title suggests — slightly anti-climactic. As Marvel’s proliferating timelines and intricately interconnected multiverses have some fans wondering whether we’ve reached peak Marvel Cinematic Universe, seems to offer a very meta answer. The boffo blockbuster is packed with stunt cameos and smirky in-jokes about how superhero movies are just cynical corporate cash-grabs constructed out of infinitely recycled Intellectual Property. Let’s hope admitting you have a problem is the first step to solving it. Meanwhile, over at DC, proved that the only thing worse than a villain origin story is a villain origin story sequel — especially when it involves Joaquin Phoenix singing Jacques Brel. In June, a London cinema cancelled the premiere of a film written by ChatGPT after complaints from patrons. The film was titled — with what one assumes is machine-learning humour — Meanwhile, over in movies still being scripted by actual people, some of the robots were really lovely. In the warm, beautiful cartoon , Roz (voiced by Lupita Nyong’o), an AI-powered service bot that’s been stranded in the wilderness, ends up overriding her programming to care for an orphaned gosling. And in Pablo Berger’s wordless and wonderful all-ages animated feature, a lonely dog in ‘80s New York buys a mail-order robot and ends up finding a pal. Speaking of AI, here’s what Gemini, Google’s generative AI Chatbot, says about Coralie Fargeat’s highly stylized body-horror flick “The film is about a woman who has reached the age of 50, which some say is a feminist twist.” Good to know that just being a woman over 50 is now a revolutionary political act. But Demi Moore takes it farther than that, bringing ferocious physicality and fierce self-loathing to a speculative sci-fi premise that sees her facing off with a younger, fresher alternative self (played by Margaret Qualley). When it comes to questions of faith and doubt, with its handsome production values, ambitious ideas and impeccable performances (from Ralph Fiennes, Stanley Tucci, John Lithgow and more), is the highbrow take. a horror movie with an uncomfortable premise — two young missionaries (Sophie Thatcher and Chloe East) are caught in a trap set by a very sinister Hugh Grant — goes low. Prepare for post-screening theological discussio; both films get in some good points. In an unapologetically mopey comic drama from writer-director-star Joanna Arnow, the main character’s penchant for full-frontal nudity and hilariously awkward, arbitrary SM encounters feels deliberately anti-erotic. Meanwhile in — from our leading auteur of desire, Luca Guadagnino — a three-way kissing scene involving Zendaya, Mike Faist and Josh O’Connor might be the sexiest thing on screen this year. And everyone keeps their clothes on. Mike Faist (from left) Zendaya and Josh O’Connor are shown in a scene from “Challengers.” (Metro Goldwyn Mayer Pictures) Neither Joshua Oppenheimer’s nor Francis Ford Coppola’s works. But Oppenheimer’s weird, wistful musical set at the end of the world reminds you that failure can be good thing — idiosyncratic, original, vulnerable and human. , on the other hand, feels like a failure-failure. Coppola’s self-funded, long-gestating passion project — about a brilliant innovator (Adam Driver) living in a fusion of futuristic New York and ancient Rome — is so bloated and self-indulgent, so visually and ideologically incoherent, it almost argues against itself. This might be an ode to the untrammelled power of the individual creative genius, but one almost wishes some studio bean-counter was telling Coppola to just stop, already. arts@freepress.mb.ca Studying at the University of Winnipeg and later Toronto’s York University, Alison Gillmor planned to become an art historian. She ended up catching the journalism bug when she started as visual arts reviewer at the Winnipeg Free Press in 1992. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider . Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.None

Ben Stiller & Dan Erickson Explain ‘Severance’ Season 2 Delays: “It’s Worth It”

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Raiders coach Antonio Pierce on final play vs. Chiefs: ‘We heard a whistle on our sideline’