Tesla’s fight to restore Elon Musk’s $45 billion pay package is far from over, according to legal experts, despite shareholders backing the CEO’s pay deal. Investors in the electric car manufacturer reaffirmed the wage agreement on Thursday after it was rejected by a judge in the US state of Delaware. The company’s chairman, Robin Deynholm, … Read more
Legal & General’s new boss has announced a shake-up of the company, including a sharper focus on its booming pensions division and putting its housebuilding business up for sale. The insurance and asset management group’s new CEO, António Simões, a banker who started in January and previously worked for Santander and HSBC, promised a “simpler … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. António Simões, the new CEO of Legal & General, has unveiled a major overhaul of the insurer, including putting its residential building business up for sale, announcing the departure of its asset management director and … Read more
By Dan Grennan 12:06 May 27, 2024, updated 1:11 PM May 27, 2024 Share or comment on this article: It’s one of the sounds of the British summer, but an ice cream van owner’s noise has landed him in trouble after complaining it’s ‘too loud’. John Barton, who runs Harrison’s Ices in Lincolnshire, was shocked … Read more
Jasbir Sahota suffered debilitating injuries after the incident in February The family are now demanding that Menzies pay for specialist treatment costing around £300,000 The family of a Heathrow baggage handler who suffered brain damage after her scarf became stuck in machinery and dragged along a conveyor belt are taking legal action against her employers. … Read more
Manston airport site Image RSP An appeal against the rejection of a bid to undergo a judicial review to challenge the decision approving the reopening and redevelopment of the Manston airport site has been dismissed. A judgment today (May 21) by Lord Justice Peter Jackson, Lord Justice Lewis and Lord Justice Warby follows a hearing … Read more
Chinese online marketplace Temu is facing a legal challenge after 17 companies accused the company of breaking new EU laws with its “manipulative practices” and lack of transparency. It was the most downloaded app in Britain in 2023 and remains high in the Apple App Store charts. By means of Mickey Carroll, science and technology … Read more