Tesla CEO Elon Musk could become the world’s first trillionaire as the company’s board unveiled a new pay package that could be worth $900 billion if he meets certain corporate targets, with the compensation in the form of Tesla shares. NBC News’ Gadi Schwartz speaks with the Wall Street Journal’s Tim Higgins about Musk’s various motivations.
Category Archives: business
South Korean workers arrested during immigration raid at Hyundai site
Homeland security officials said they arrested 450 workers who were in the country illegally during a raid at a construction site for a Hyundai plant. Most of the workers are from South Korea. The workers were not Hyundai employees. NBC News’ Priya Sridhar reports.
‘Unconstitutional’ and ‘unlawful’: Judges push back on Trump’s expanding power
After a slew of high-profile successes in the U.S.
Frozen vegetables sold in 6 states recalled over possible listeria contamination
Frozen vegetables sold in six states were recalled over a possible listeria contamination.
Hundreds of South Korean nationals arrested at Hyundai’s Georgia facility
Federal and immigration agents arrested 475 people while executing a judicial search warrant at a Hyundai facility in Georgia as part of a criminal investigation into allegations of unlawful employment practices
The U.S. added just 22,000 jobs in August, confirming dramatic slowdown in the labor market
U.S. job growth has almost entirely ground to a standstill, according to government data released Friday.
What’s next for Trump’s tariffs after his Supreme Court appeal
President Donald Trump wants the Supreme Court to rule quickly on whether most of his tariffs are legal.
Justice Department takes new steps in Lisa Cook investigation
The Justice Department has taken new steps in the investigation into Federal Reserve governor Lisa Cook, a person familiar with the matter told NBC News.
ICE, Homeland Security conduct workplace raid at Hyundai facility in Georgia
The Fortune 500 company confirmed the presence of law enforcement at the LG Energy Solution and Hyundai battery joint venture construction site in Ellabell.
Trump nominee plans to keep White House job if he’s confirmed for Fed post
President Donald Trump’s nominee to fill a vacancy on the Federal Reserve board said at his confirmation hearing that he does not plan to leave his position as chair of the White House Council of Economic Advisers if he is confirmed