Elon Musk Got 72% in Tesla Shareholder Vote on Pay

Tesla shareholders decisively backed proposals to affirm Elon Musk’s multibillion-dollar pay package, according to details of the vote released on Friday. Passage of the proposals was announced at Tesla’s annual shareholder meeting on Thursday, without the underlying totals. In the end, about 72 percent of voting shares backed the pay package, excluding stock owned by…

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Why Investors Don’t Believe the Fed

The markets and Fed diverge again The bull market rally is continuing to run on Thursday. The S&P 500 is poised to set yet another record, as investors see inflation in retreat — even if Fed policymakers don’t quite see it that way. The gulf between investors and the central bank is widening again. After…

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Why the Paramount Deal Talks Failed

Why Redstone backed out For months, Skydance Media’s effort to merge with Paramount — the studio behind “Mission: Impossible” and “Top Gun” — was the most-discussed M.&A. matter on Wall Street and in Hollywood. Now it has fallen apart. What happened? The simple answer: Shari Redstone, who controls Paramount through the holding company National Amusements,…

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