Tag Archives: breaking news

Tesla shareholders should reject CEO Elon Musk’s $56 billion pay package, according to proxy advisory firm Glass Lewis, which singled out the “excessive size” of the deal and its potentially negative impact on smaller shareholders. The recommendation from the influential proxy advisory company comes as Tesla is asking its shareholders to vote again on his 2018 pay package after a …

You can get a mortgage with a small down payment (or sometimes none at all), but most mortgage lenders would prefer you to put at least 20% down. If you don’t, they’ll likely charge you for private mortgage insurance (PMI). Paying PMI means a larger monthly mortgage payment and typically amounts to about $30 to $70 more per month for …

In the mid-1980s, Air Force technician Mark Ely’s job was to inspect secretly obtained Soviet fighter jets. The work, carried out in hidden hangers known as hush houses, was part of a classified mission in the Nevada desert, 140 miles outside of Las Vegas at the Tonopah Test Range — sometimes referred to as Area 52. The mission was so …

Ashley White received her earliest combat action badge from the United States Army soon after the first lieutenant arrived in Afghanistan. The silver military award, recognizing soldiers who’ve been personally engaged by an attacker during conflict, was considered an achievement in and of itself as well as an affirming rite of passage for the newly deployed. White had earned it …

Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather. Major retailers are stepping up discounts heading into the summer months, hoping to entice inflation-weary shoppers into opening their wallets. Target, Walmart and other chains have rolled out price cuts — some permanent, others temporary — with the …

Technology is transforming how travelers pass through airports as biometrics, including facial recognition, are becoming more common. Advocates say it will lead to improved security and faster processing times. “It’s the future because it’s so much more effective than a manual comparison. This is better for security,” TSA administrator David Pekoske told “CBS Mornings.” “It will be better for efficiency.” …

The knock at the door came at nighttime on Mother’s Day 2008 in Oregon, where Jessica Ellis’ parents lived. It was around 9:20 p.m. and his wife, Linda, was already in bed; her father Steve Ellis told CBS News, that he thought someone let their animals out — but two soldiers in Class A uniforms were standing at the door. …

A group of investors will put up $6 billion to fund development of artificial intelligence by Elon Musk’s xAI. The company said on its website Sunday that the Series B funding round will be used to take xAI’s first products to market and speed up research. xAI said it has made “significant strides” during the past year in developing the …

A North Korean rocket carrying its second spy satellite exploded midair on Monday, state media reported, after its neighbors strongly rebuked its planned launch. The North’s official Korean Central News Agency said it launched a spy satellite aboard a new rocket at its main northwestern space center. But KCNA said the rocket blew up during a first-stage flight soon after …

With Memorial Day finally here, Americans from coast to coast are gearing up to celebrating the holiday with family and friends, or perhaps quietly solo. Whether you’re hosting a barbecue or attending one, you may find yourself in need of a last-minute run to the grocery store before the grilling begins. Those without plans may want to partake in some …