Musk must now convince the courts on his Tesla pay package

CNN
NY AG opposes Trump motion for civil fraud judge to recuse himself
The New York attorney general’s office accused Donald Trump of undertaking yet another effort to “undermine the Court’s legitimacy” by calling for the judge in the former president’s civil fraud trial to recuse himself over communications with a real estate attorney.
Cover Media
Judge Blocks $30 Billion Visa, Mastercard 'Swipe Fee' Settlement
Federal Judge Margo Brodie rejected the $30 billion antitrust settlement on June 25, 'The Hill' reports. In March, Visa and Mastercard agreed to limit interchange fees that retailers who accept their cards are charged.
Yahoo Finance
With just a few years until retirement, 55-year-olds haven't saved nearly enough, study finds
For Gen Xers, retirement isn’t far off, and millions of them haven't saved enough.
Associated Press Finance
Judge puts $30 billion Visa, Mastercard settlement on hold, in signal of likely rejection
A federal judge said she's not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants who say they've overpaid on swipe fees. Visa and Mastercard reached a settlement with a group of small businesses and merchants back in March. The deal would lower and cap the fees charged by Visa and Mastercard and allow small businesses to collectively bargain for rates with the payment processors in a similar way that the large merchants do on their own now.
Colchester Evening Gazette
Colchester pub 'unable to serve walk-ins' amid claims site has now ceased trading
The future of a Colchester restaurant still appears to be in limbo after fears of its closure were denied by bosses.
Sky News
Post Office Horizon expert admits seeing legal advice on trial obligations and defends Fujitsu's remote access
A key figure behind the flawed IT system that led to hundreds of sub-postmasters being wrongly jailed has told the Post Office inquiry he had "not remembered" legal advice he was given about his obligations as an expert witness. Former senior Fujitsu engineer Gareth Jenkins was crucial in the prosecutions process because he was one of the architects of the Horizon accounting systems and one of a few people to have extensive knowledge of their workings. The letter, which related to the Post Office prosecution of postmaster Lee Castleton, was written four years before Mr Jenkins was presented as an expert witness in the case of Seema Misra, who was wrongfully sentenced to 15 months in prison while pregnant in 2010.
Reuters
Modi's govt calls on Indian state to look into Reuters report on Foxconn hiring
Indian Prime Minister Narendra Modi's government on Wednesday said it has asked the Tamil Nadu state to submit a "detailed report" after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country. In a statement calling for the probe, the federal government's Ministry of Labour and Employment cited the Equal Remuneration Act of 1976, saying the law "clearly stipulates that no discrimination (is) to be made while recruiting men and women workers." The ministry said it has requested a detailed report from the Labour Department of Tamil Nadu, site of a major iPhone factory where Reuters uncovered Foxconn’s practice of shunning married women from jobs.
CityAM
Convicted Dominic Chappell ordered to repay at least £50m over BHS collapse
The man who bought BHS from Sir Phillip Green for £1 (one pound) has been ordered by a court to repay the administrators at least £50m over its collapse.
Somerset County Gazette
National Apprentice of the Year title goes to Yeovil electrician
Yeovil's Chris Lintern has been crowned JTL’s National Apprentice of the Year 2024.
The Telegraph
Volkswagen to invest $5bn in Tesla electric car rival
Volkswagen has announced plans to invest up to $5bn (£3.9bn) in US electric carmaker Rivian, as manufacturers rethink their strategies amid uncertain demand.
Ideal Home
En-suite ideas to design the perfect bathroom retreat
These en-suite ideas will help you bring a touch of luxury to your bedroom, and can also value to your home. In this private space, you can have free rein to go bold and be more adventurous with the bathroom – bright colours, intricate patterns, and beautiful finishes all have a place. ‘Also an en-suite is generally only used by adults, it also won’t have the same wear and tear that a family bathroom would have, so it makes sense to be the place where you invest in high-end fixtures and fittings,' says Barrie Cutchie, Design Director at BC Designs.
The Independent
Meta responds after Instagram users complain feed is being filled with ‘made with AI’ images
Label is intended to alert users to pictures that might be misleading – but has been applied to vast number of posts
CityAM
Electric vehicles lead ‘massive change’ in UK factories
Electric vehicles made up almost two fifths of all new cars produced in the UK in May, according to new figures, as 26,475 models rolled off factory lines.
Investing.com
This stock is seen as Nvidia's 'little brother'
Jefferies analysts started research coverage on electronics manufacturing services provider Fabrinet (NYSE:FN) with a Hold rating and a price target of $230.
Euronews
‘Built for years, not for seasons’: Why Patagonia believes going out of fashion is good for business
While many clothing companies chase trends and aim for sky-high sales, Patagonia - which has made Earth its sole shareholder - swims against the tide.
Reuters
Exclusive-Poland's Orlen warned three gas companies it could seize Gazprom payments, sources say
WARSAW (Reuters) -Poland's biggest energy company Orlen warned gas companies in Hungary, Slovakia and Austria that it could seize their payments for imports from Russia's Gazprom, sources familiar with the matter said. The warnings, in letters sent over a month ago, are linked to claims for losses Poland incurred after being cut off from Russian supplies in 2022, two sources with knowledge of the letters told Reuters. Poland was cut off for not paying in roubles as Western nations imposed sanctions on Russia following its invasion of Ukraine.
Associated Press Finance
A mechanic for a Boeing subcontractor says he was fired after complaining about poor repair work
A mechanic for a Boeing subcontractor claims he was fired after complaining about poor repair work on planes in a Boeing factory near Seattle. Boeing says the man’s concerns did not raise safety issues. Lawyers for the mechanic said Wednesday that the man saw “substandard manufacturing and maintenance processes” during work on several Boeing 787 Dreamliners.
The Guardian
Sarah Finch: climate activism ‘early adopter’ behind supreme court win
UK campaigner who fronted lawsuit on future impact of fossil fuel projects says she fears for future despite ruling
TechCrunch
Amazon hit with fresh class action-style suit in UK -- $3.4B in competition damages sought for 200,000+ sellers
Amazon is facing another competition lawsuit in the U.K. The latest claim, which was filed Thursday, is seeking more than £2.7 billion in damages — or around $3.4 billion at current exchange rates — before the U.K.'s Competition Appeals Tribunal. The case is being brought by Andreas Stephan, a professor of competition law at the University of East Anglia and head of its Law School, on behalf of more than 200,000 U.K. third-party sellers on Amazon. The lawsuit argues Amazon has abused a dominant position in the supply of marketplace services to third-party sellers to reach customers in the U.K. in a variety of ways — including by discriminating in favor of its own retail offerings instead of those of third parties; discriminating in favor of its own logistics services (Fulfilled by Amazon, or FBA); and unfairly conditioning access to its membership product Prime on use of FBA.
Fortune
The clock is ticking as Boeing’s 32,000-strong union negotiates to ‘save the company from itself’—even if it takes a costly strike
Boeing’s employees are battling for a new contract—and it appears management is facing two choices: one bad and the other worse.

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Musk must now convince the courts on his Tesla pay package

Latest stories

NY AG opposes Trump motion for civil fraud judge to recuse himself

Judge Blocks $30 Billion Visa, Mastercard 'Swipe Fee' Settlement

With just a few years until retirement, 55-year-olds haven't saved nearly enough, study finds

Judge puts $30 billion Visa, Mastercard settlement on hold, in signal of likely rejection

Colchester pub 'unable to serve walk-ins' amid claims site has now ceased trading

Post Office Horizon expert admits seeing legal advice on trial obligations and defends Fujitsu's remote access

Modi's govt calls on Indian state to look into Reuters report on Foxconn hiring

Convicted Dominic Chappell ordered to repay at least £50m over BHS collapse

National Apprentice of the Year title goes to Yeovil electrician

Volkswagen to invest $5bn in Tesla electric car rival

En-suite ideas to design the perfect bathroom retreat

Meta responds after Instagram users complain feed is being filled with ‘made with AI’ images

Electric vehicles lead ‘massive change’ in UK factories

This stock is seen as Nvidia's 'little brother'

‘Built for years, not for seasons’: Why Patagonia believes going out of fashion is good for business

Exclusive-Poland's Orlen warned three gas companies it could seize Gazprom payments, sources say

A mechanic for a Boeing subcontractor says he was fired after complaining about poor repair work

Sarah Finch: climate activism ‘early adopter’ behind supreme court win

Amazon hit with fresh class action-style suit in UK -- $3.4B in competition damages sought for 200,000+ sellers

The clock is ticking as Boeing’s 32,000-strong union negotiates to ‘save the company from itself’—even if it takes a costly strike