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Tesla to ask shareholders to reinstate $55 billion pay package for Musk rejected by Delaware judge

Tesla to ask shareholders to reinstate $55 billion pay package for Musk rejected by Delaware judge

AUSTIN, Texas (AP) — Tesla will ask shareholders to reinstate a compensation package for CEO Elon Musk potentially worth $55 billion that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware
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Ohio man fatally shot Uber driver after scam phone calls targeted both of them, authorities say

Ohio man fatally shot Uber driver after scam phone calls targeted both of them, authorities say

SOUTH CHARLESTON, Ohio (AP) — An Ohio man who authorities say fatally shot an Uber driver who he thought was trying to rob him after scam phone calls deceived them both has been indicted on a murder charge.
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Some of the key highlights from the Liberal government's 2024 federal budget

Some of the key highlights from the Liberal government's 2024 federal budget

OTTAWA — Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights: Housing In hopes of building nearly 3.
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Budget 2024: Liberals aim to hit the brakes on car theft with new criminal offences

Budget 2024: Liberals aim to hit the brakes on car theft with new criminal offences

OTTAWA — The federal government is going after car thieves in its latest budget, which proposes several new Criminal Code offences specific to auto thefts.
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Police say two men, one youth facing 54 charges after two carjackings in Toronto

Police say two men, one youth facing 54 charges after two carjackings in Toronto

Toronto police have laid a total of 54 charges against three people who allegedly stole two luxury cars and ran over a victim in one carjacking with his own vehicle. Supt. Andy Singh says the first carjacking took place at around 2 p.m.
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Southern governors tell autoworkers that voting for a union will put their jobs in jeopardy

Southern governors tell autoworkers that voting for a union will put their jobs in jeopardy

DETROIT (AP) — On the eve of a vote on union representation at Volkswagen's Tennessee factory, Gov. Bill Lee and five other southern governors are telling workers that voting for a union will put jobs in jeopardy.
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German chancellor presses China on Russia's invasion of Ukraine

German chancellor presses China on Russia's invasion of Ukraine

BEIJING (AP) — German Chancellor Olaf Scholz told Chinese leader Xi Jinping on Tuesday that Russia’s invasion of Ukraine threatens global security, in an apparent call for China to apply greater pressure on its neighbor and close strategic partner to
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Nissan says it will make next-generation EV batteries by early 2029

Nissan says it will make next-generation EV batteries by early 2029

YOKOHAMA, Japan (AP) — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant.
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General Motors to move Detroit HQ to new downtown building, plans to redevelop Renaissance Center

General Motors to move Detroit HQ to new downtown building, plans to redevelop Renaissance Center

DETROIT (AP) — General Motors will move its Detroit headquarters to a new downtown office building next year and work to redevelop its iconic home along the Detroit River, company and city officials confirmed Monday.
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Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs , multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees.
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