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Eagle Point Credit Management sells $144,563 in Acres commercial stockBy TOM KRISHER, Associated Press DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick turned aside a request from Musk’s lawyers to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla’s board and had engineered the outsize pay package during sham negotiations . Lawyers for a Tesla shareholder who sued to block the pay package contended that shareholders who had voted for the 10-year plan in 2018 had been given misleading and incomplete information. In their defense, Tesla’s board members asserted that the shareholders who ratified the pay plan a second time in June had done so after receiving full disclosures, thereby curing all the problems the judge had cited in her January ruling. As a result, they argued, Musk deserved the pay package for having raised Tesla’s market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that under Delaware law, Tesla’s lawyers had no grounds to reverse her January ruling “based on evidence they created after trial.” On Monday night, Tesla posted on X, the social media platform owned by Musk, that the company will appeal. The appeal would be filed with the Delaware Supreme Court, the only state appellate court Tesla can pursue. Experts say a ruling would likely come in less than a year. “The ruling, if not overturned, means that judges and plaintiffs’ lawyers run Delaware companies rather than their rightful owners — the shareholders,” Tesla argued. Later, on X, Musk unleashed a blistering attack on the judge, asserting that McCormick is “a radical far left activist cosplaying as a judge.” Legal authorities generally suggest that McCormick’s ruling was sound and followed the law. Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, said that in his view, McCormick was right to rule that after Tesla lost its case in the original trial, it created improper new evidence by asking shareholders to ratify the pay package a second time. Had she allowed such a claim, he said, it would cause a major shift in Delaware’s laws against conflicts of interest given the unusually close relationship between Musk and Tesla’s board. “Delaware protects investors — that’s what she did,” said Elson, who has followed the court for more than three decades. “Just because you’re a ‘superstar CEO’ doesn’t put you in a separate category.” Elson said he thinks investors would be reluctant to put money into Delaware companies if there were exceptions to the law for “special people.” Elson said that in his opinion, the court is likely to uphold McCormick’s ruling. Experts say no. Rulings on state laws are normally left to state courts. Brian Dunn, program director for the Institute of Compensation Studies at Cornell University, said it’s been his experience that Tesla has no choice but to stay in the Delaware courts for this compensation package. The company could try to reconstitute the pay package and seek approval in Texas, where it may expect more friendlier judges. But Dunn, who has spent 40 years as an executive compensation consultant, said it’s likely that some other shareholder would challenge the award in Texas because it’s excessive compared with other CEOs’ pay plans. “If they just want to turn around and deliver him $56 billion, I can’t believe somebody wouldn’t want to litigate it,” Dunn said. “It’s an unconscionable amount of money.” Almost certainly. Tesla stock is trading at 15 times the exercise price of stock options in the current package in Delaware, Morgan Stanley analyst Adam Jonas wrote in a note to investors. Tesla’s share price has doubled in the past six months, Jonas wrote. At Monday’s closing stock price, the Musk package is now worth $101.4 billion, according to Equilar, an executive data firm. And Musk has asked for a subsequent pay package that would give him 25% of Tesla’s voting shares. Musk has said he is uncomfortable moving further into artificial intelligence with the company if he doesn’t have 25% control. He currently holds about 13% of Tesla’s outstanding shares.mnl168 website

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Ukrainian girls’ team finds hockey haven at Wickenheiser festivalNo Labels goes after opponents of third-party presidential bid in courtBleichroeder Acquisition Corp. I Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing December 2, 2024

{ "@context": "https://schema.org", "@type": "NewsArticle", "dateCreated": "2024-12-03T23:46:20+02:00", "datePublished": "2024-12-03T23:46:20+02:00", "dateModified": "2024-12-03T23:46:19+02:00", "url": "https://www.newtimes.co.rw/article/22329/news/culture/rwandas-intore-dance-recognized-as-unesco-intangible-cultural-heritage", "headline": "Rwanda’s ‘Intore’ dance recognized as UNESCO Intangible Cultural Heritage", "description": "The United Nations Educational, Scientific and Cultural Organization (UNESCO) has inscribed Rwanda’s Intore dance on its Intangible Cultural Heritage...", "keywords": "", "inLanguage": "en", "mainEntityOfPage":{ "@type": "WebPage", "@id": "https://www.newtimes.co.rw/article/22329/news/culture/rwandas-intore-dance-recognized-as-unesco-intangible-cultural-heritage" }, "thumbnailUrl": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/12/03/65525.jpg", "image": { "@type": "ImageObject", "url": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/12/03/65525.jpg" }, "articleBody": "The United Nations Educational, Scientific and Cultural Organization (UNESCO) has inscribed Rwanda’s Intore dance on its Intangible Cultural Heritage List, highlighting its significance as a symbol of Rwandan culture on the global stage. The announcement was made on Tuesday, December 3, during the 19th session of the Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage, held in Asunción, Paraguay. This recognition marks the first time a Rwandan cultural performance has been included on this prestigious list. FLASH INFO Nouvelle inscription sur la Liste du #PatrimoineImmatériel : Intore, #Rwanda. Félicitations !https://t.co/uaOG69gqvK #PatrimoineVivant pic.twitter.com/axF6s1OiTa — UNESCO en français (@UNESCO_fr) December 3, 2024 “Intangible cultural heritage” refers to the practices, representations, expressions, knowledge and skills– as well as the instruments, objects, artefacts and cultural spaces associated – that communities, groups and, in some cases, individuals recognize as part of their cultural heritage. UNESCO's Intangible Cultural Heritage list is designed to protect traditions that have been passed from one generation to another. It now features 678 elements corresponding to 140 countries. Louise Mushikiwabo, the Secretary General of Francophone, was among many Rwandans who took to social media to celebrate the latest milestone achieved by the Rwandan dance. What good news at the end of a year rich in emotions, memories and symbols for Rwanda! Kudos to the team of @RwandainFrance ! The dance of December 31?” Mushikiwabo reacted on UNESCO’s post announcing Intore Dance on its Intangible Cultural Heritage List. Quelle bonne nouvelle en cette fin d'une année riche en émotions, souvenirs et symboles pour le #Rwanda! Nuko nuko l'équipe de @RwandainFrance ! La danse du 31 décembre? https://t.co/piTKEQjBie — Louise Mushikiwabo (@LMushikiwabo) December 3, 2024 Intore is a dance performed by a troupe in Rwanda. The dancers are arranged in lines representing the ranks of warriors on a battlefield. Through their movements, they imitate a battle against an invisible opponent, jumping and brandishing their spears and shields to the rhythm of traditional drums and horns. They are supported by songs and poems of triumph. An expression of power, dance is at the center of community events and celebrations, such as harvest festivals and welcoming distinguished guests. The listing also coincides with recent UNESCO recognitions of other Rwandan heritage sites, including four Genocide memorials and Nyungwe National Park.", "author": { "@type": "Person", "name": "Alexis Kayinamura" }, "publisher": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/", "sameAs": ["https://www.facebook.com/TheNewTimesRwanda/","https://twitter.com/NewTimesRwanda","https://www.youtube.com/channel/UCuZbZj6DF9zWXpdZVceDZkg"], "logo": { "@type": "ImageObject", "url": "/theme_newtimes/images/logo.png", "width": 270, "height": 57 } }, "copyrightHolder": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/" } }

What Data Does a VPN Actually Hide?Ukrainian girls’ team finds hockey haven at Wickenheiser festival

Washington, Nov 21 (AP) While Matt Gaetzhas withdrawn from the nomination process for attorney general, President-elect Donald Trump has picked several other people for his Cabinet and key staff positions who have been accused of some form of sexual misconduct. Trump himself has long been accused of abusing or mistreating women and once was caught bragging about grabbing women by the genitals. He was found liable by a New York City jury for sexual abuse and defamation and eventually ordered to pay the woman, E. Jean Carroll, USD 83 million in damages. Taken together, there are a striking number of incidents in which potential high-ranking government officials in Trump's second administration face allegations of sexual abuse. Trump and all of his picks for government have denied the claims against them, with some of the people accused arguing the cases are driven by politics. Here's a look at what's known about the cases: President-elect Donald Trump Jurors in New York last year found Trump liable for sexually abusing Carroll, an advice columnist, in 1996. The verdict was split: Jurors rejected Carroll's claim that she was raped, finding Trump responsible for a lesser degree of sexual abuse. Jurors also found Trump liable for defaming Carroll over her allegations. Trump did not attend the civil trial and was absent when the verdict was read. Carroll was one of more than a dozen women who have accused Trump of sexual assault or harassment. She went public in a 2019 memoir with her allegation that the Republican raped her in the dressing room of a posh Manhattan department store. Trump denied it, saying he never encountered Carroll at the store and did not know her. He has called her a “nut job” who invented “a fraudulent and false story” to sell a memoir. He has similarly denied claims by other women. Pete Hegseth, nominee for secretary of defence A woman told police that she was sexually assaulted in 2017 by Hegseth after he took her phone, blocked the door to a California hotel room and refused to let her leave, according to a detailed investigative report made public this week. Hegseth told police at the time that the encounter had been consensual and denied any wrongdoing, the report said. News of the allegations surfaced last week when local officials released a brief statement confirming that a woman had accused Hegseth of sexual assault in October 2017 after he had spoken at a Republican women's event in Monterey. Hegseth's lawyer, Timothy Parlatore, said in a statement that the police report confirms “what I have said all along that the incident was fully investigated and police found the allegations to be false, which is why no charges were filed.” Parlatore said a payment was made to the woman as part of a confidential settlement a few years after the police investigation because Hegseth was concerned that she was prepared to file a lawsuit that he feared could have resulted in him being fired from Fox News, where he was a popular host. Parlatore would not reveal the amount of the payment. Robert F. Kennedy Jr., nominee for secretary of health and human services A woman who babysat for Kennedy and his second wife told Vanity Fair magazine that he groped her in the late 1990s, when she was 23. Kennedy did not deny the allegation, telling a podcast: “I had a very, very rambunctious youth.” He texted the woman an apology after the story was published. According to an interview the woman gave this week with USA Today, she said she was babysitting for his children at Kennedy's home in Mount Kisco, New York. She said that the assault happened soon after she began working there. During a kitchen table meeting with Kennedy and another person, she said she felt him rubbing her leg under the table. She told the newspaper that another time, Kennedy, then 46, asked her to rub lotion on him when he was shirtless and she obliged because she wanted to get it over with. And he grabbed her in a kitchen pantry and groped her, blocking her exit. She stayed on the job for a few more months before leaving. Linda McMahon, nominee for secretary of education A lawsuit filed last month alleges that McMahon knowingly enabled sexual exploitation of children by a World Wrestling Entertainment employee as early as the 1980s. She denies the allegations. The suit was filed in October in Maryland, where a recent law change eliminated the state's statute of limitations for child sex abuse claims, opening the doors for victims to sue regardless of their age or how much time has passed. The complaint alleges that Melvin Phillips, who died in 2012, would target young men from disadvantaged backgrounds and hire them as “ring boys” to help with the preparations for wrestling matches. Phillips would then assault them in his dressing room, hotels and even in the wrestlers' locker room, according to the complaint, which was filed on behalf of five men. The abuse detailed in the lawsuit occurred over several years during Phillips' long tenure with the organization spanning from the 1970s to the early 1990s. Because of his death, Phillips is not among the named defendants. Instead, the complaint targets WWE founders Linda McMahon and her husband Vince, who grew the organization into the powerhouse it is today. The couple was well aware of Phillips' brazen misconduct but did little to stop him, according to the complaint. “This civil lawsuit based upon thirty-plus year-old allegations is filled with scurrilous lies, exaggerations, and misrepresentations regarding Linda McMahon,” said Laura Brevetti, Linda McMahon's lawyer, in a statement. “The matter at the time was investigated by company attorneys and the FBI, which found no grounds to continue the investigation. Ms. McMahon will vigorously defend against this baseless lawsuit and without doubt ultimately succeed.” Brevetti confirmed Linda and Vince McMahon are separated. Elon Musk, Trump's choice to lead the new Department of Government Efficiency Tesla and SpaceXCEO Elon Musk was accused of sexual misconduct by a flight attendant contracted by SpaceX who worked on his private jet in 2016. He denied the claim. A 2022 report by Business Insider said SpaceX paid the woman USD 250,000 in severance in 2018 in exchange for her agreeing not to file a lawsuit over her claim. The Business Insider report was based on an account by the flight attendant's friend, who said the flight attendant told her about the incident shortly after it happened. The report also said the flight attendant was required to sign a non-disclosure agreement that prohibits her from discussing the payment or anything else about Musk and SpaceX. SpaceX didn't respond to emails seeking comment Friday. Musk responded to the allegations on Twitter, which he was in the process of buying at the time they surfaced. “And, for the record, those wild accusations are utterly untrue,” he wrote in response to one user who tweeted in support of him. He replied to another: “In my 30 year career, including the entire MeToo era, there's nothing to report, but, as soon as I say I intend to restore free speech to Twitter and vote Republican, suddenly there is ...” Matt Gaetz, who withdrew as Trump's choice for attorney general The former Florida congressman was embroiled in a sex trafficking investigation by the Justice Department he had been tapped to lead. He also was under scrutiny by the House Ethics Committee over allegations including sexual misconduct — until he resigned from Congress this week. He then withdrew his name for consideration. Gaetz has vehemently denied any wrongdoing and said last year that the Justice Department's investigation into sex trafficking allegations involving underage girls had ended with no federal charges against him. Federal investigators scrutinised a trip that Gaetz took to the Bahamas with a group of women and a doctor who donated to his campaign, and whether the women were paid or received gifts to have sex with the men, according to people familiar with the matter who were not allowed to publicly discuss the investigation. Two women House investigators that Gaetz paid them for sex and one of the women testified she saw him having sex with a 17-year-old, according to an attorney for the women. The committee began its review of Gaetz in April 2021, deferred its work in response to a Justice Department request, and renewed its work shortly after Gaetz announced that the Justice Department had ended a sex trafficking investigation. (AP) PY PY (This story has not been edited by THE WEEK and is auto-generated from PTI)Low-Income Internet Guide: How to Qualify for Free or Discounted Internet

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