Delaware

Delaware Governor Pursues Legal Action as Musk and Ackman Skip Key Investor Summit

7 days ago

In an unexpected turn of events, billionaire investors Elon Musk and Bill Ackman have notably snubbed a crucial summit aimed at fostering stronger ties between investors and the state of Delaware. This summit, organized by Delaware's Governor John Carney, was intended to highlight the economic opportunities that Delaware has to offer, making the absence of these prominent figures even more striking.

Delaware Regulators Green Light Significant Deal Between Capital One and Discover

2 months ago

In a pivotal move for the credit card industry, Delaware banking regulators have formally approved the deal between Capital One Financial Corp and Discover Financial Services. This decision marks a significant milestone for both financial giants as they aim to enhance their market position and expand their services.

Delaware Judge Faces Backlash After Rejecting Elon Musk’s Hefty Payday

2 months ago

In a recent landmark decision, a Delaware judge has denied a substantial payout to billionaire entrepreneur Elon Musk, igniting a firestorm of reactions from various quarters. The case revolved around Musk’s compensation package from Tesla, which was set to reward him significantly based on the electric vehicle manufacturer's soaring stock price and performance metrics.

Delaware Judge Dismisses Musk's Record Tesla Pay Package: A Significant Blow for the CEO

2 months ago

In a pivotal legal ruling, a Delaware judge has once again rejected Elon Musk's enormous pay package from Tesla, which had previously been under scrutiny for its astronomical size. This decision marks a critical juncture for Musk, Tesla, and stakeholders involved, particularly in a period where executive compensation has come under increased scrutiny in corporate America.