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Caterpillar Inc. stock underperforms Tuesday when compared to competitors

Region Must Not Be Left Behind In Use Of AI – Minister BartlettUS agencies should use advanced technology to identify mysterious drones, Schumer says

Trump team signs agreement to allow Justice to conduct background checks on nominees, staffTrump team signs agreement to allow Justice to conduct background checks on nominees, staffOrca seen wearing a salmon hat for first time since 1980s. Why do they do it?

Trump team signs agreement to allow Justice to conduct background checks on nominees, staffDETROIT (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.BlackRock Inc. stock outperforms competitors on strong trading day

Pharming announces public cash offer to the shareholders of Abliva ABParts of Scotland are bracing for a second day of disruption with high winds and localised flooding after Storm Bert swept heavy snow and rain across the country. The central belt was hit by more snow that anticipated early on Saturday, causing widespread problems on the roads. The M8 saw long traffic jams and two of the main routes south - the M74 and A68 - were closed for a time due to accidents. Lothian buses suspended all of its 70 routes across Edinburgh and surrounding areas and there was disruption to the rail network. But an amber weather warning for rain and snow in the east of Scotland was downgraded to a yellow warning for rain which will remain in place until 09:00 on Sunday . In an unusual move, the Queensferry Crossing across the Firth of Forth was closed due to the threat of falling ice. Traffic in the area was diverted via the Forth Road Bridge. The diversion was due to remain in place until 01:00 on Sunday. David Bishop from the national road maintenance body Bear Scotland said the closure was due to concerns that ice sticking to the bridge's 70km of cable stays could fall and cause a "significant road traffic incident". It is the first time since 2021 the bridge has closed. All 700 buses in the Lothian Buses fleet ground to a halt for much of the day due to tough road conditions. The company announced services were back to normal early on Saturday evening. Edinburgh sightseeing buses were cancelled and there was disruption on Citylink, McGill's and First services. A dramatic image shared on social media showed a bus which had left the road at Buchlyvie, a village in the Stirling area. George Henry, head of road safety and road policy for Transport Scotland, said the conditions had been "challenging". He said: "We have been treating our roads around the clock, our operating companies have been out and we have used over 240 gritters. "Unfortunately there has been some impacts with various vehicles being stuck due to some vehicles losing traction at various location and we’ve tried to treat that as quickly as we can to minimise the disruption to the motoring public." Mr Henry said particular incidents had impacted the M8 near Livingston and the M74 at various points on Saturday. He added attention is now turning to the risk of localised flooding caused by the temperature rising and snow melting. "There will be lots of surface water so we urge the motoring public when they are returning to the roads to please take care and drive to the conditions they are faced with," he added. Regional flood alerts have been issued for parts of Dumfries and Galloway, west Borders, Central, Tayside, Aberdeenshire, Dundee and Angus regions. While a flood warning urging people to "act now" is in place for the Churchill Barriers in Orkney. A total of 11 SPFL games were called off with kick-off times delayed on another three, including two in the Premiership. One of those called off was a league two match between Cove Rangers and Stenhousemuir, after the away team's bus got stuck in snow at Broxden Services outisde Perth. Over 3,000 homes in England and Wales are without power. Scotland has not been hit as hard, with both Scottish Power and SSE reporting just a few localised faults. The Met Office has warned a rapid thaw and subsequent rain may cause further disruption. A yellow weather warning for rain and snow remains in place for most of Scotland until 09:00 on Sunday. The Highlands and Argyll and Bute will see winds of up to 65mph on Sunday, with a yellow warning has been in place from 12:00 until 00:00. Forecasters say Storm Bert will be quite slow moving and will only start to clear from Monday.

The question sounds so basic and friendly. But it’s actually loaded, as many mothers can attest. “Do you just love getting to be home with him all the time?” asks the younger, more put-together woman in the supermarket. “Must be so wonderful.” Wonderful, of course — and sometimes brain-numbing and soul-draining too, some exhausted fulltime moms might reply. Especially if, like Amy Adams’ character in Marielle Heller's “Nightbitch," they’d left their prized art gallery job to this other woman. And so Adams responds, twice, showing in this very opening scene exactly why her typically brave, brutally frank performance lifts this movie from an oddly uneven script to something unequivocally worth seeing. First we get the honest answer, the one no one really gives until later in the shower: she feels “stuck inside of a prison of my own creation,” where she torments herself and ends up binge-eating Fig Newtons to keep from crying. She is angry all the time. Oh and, she has gotten dumber. Then we rewind and director-writer Heller has Adams give her real answer: “I do, I love it! I love being a Mom.” There we are, two minutes and 13 seconds into “Nightbitch” and you may already find yourself wowed by Adams. If not, just wait until her Mother is sitting at a chic restaurant with a bunch of colleagues from the art world, and her fangs come out. And we don’t mean figuratively. We mean literally. Let’s go back to the beginning, shall we? “Nightbitch” is based on the 2021 novel by Rachel Yoder, a feminist fable that the author has said came from her own malaise when pausing work for child-rearing. She sets her tale in an unidentified suburb of an unidentified city. Mother (characters all have generic names), formerly an admired installation artist, spends her weekdays alone with her adorable, blond 2-year old Son. Husband has a job that seems to bring him home only on weekends. The early scenes depicting Mother’s life are tight and impactful, a contrast to the confused havoc that will come toward the end of the film. Life revolves around the playground and the home, with occasional trips to storytime at the library where she notes, in narration, that she has no interest in the company of other moms — why should they be friends just because they're moms? In fact, Mother lives in solitude, and director Heller does a nice job illustrating how that feels you can almost feel the weight of the afternoon coming around, at this comfortable but hardly ostentatious home, when it’s too early for dinner and you’ve done all the activities already and you wonder if you can make it through the day. Then things start to get weird. In the bathroom mirror, Mother starts noticing things. Her teeth are getting sharper. There’s something weird coming out of an apparent cyst at the bottom of her spine. She finds extra nipples. And that’s before she starts eating rare meat. (Also, if you love cats, you may want to close your eyes at one point.) Somewhow Adams, who also produces here, makes these things seem, if not quite natural, then logical. What's happening is that Mother’s frustration is becoming ferocious. Dangerously ferocious. But also — empowering. At night, or so she thinks, she is a wild dog. Aspects of the film work wonderfully. Mother’s relationship with Son (twins Arleigh and Emmett Snowden) is lovely, largely due to a decision to let the young boys talk freely, with the adult actors reacting to their words. It lends a grounding realism to a film that quickly veers surreal. Less successful is the relationship between Mother and Husband (Scoot McNairy), which takes on too much importance as the film goes on, in a baffling way, rather than Mother’s transformation. (Also, just asking, has anyone in this movie ever heard of a babysitter?) More importantly, a story that posits itself on such a tantalizing idea — that by transforming into a dog, Mother discovers her true nature and power —resorts late in the game to a safer story about a marriage that never seemed appealing enough for us to care about anyway. It doesn't help that it's hard to grasp the distracting subplot about Mother’s own mother. None of this takes away from the strength of Adams’ performance. You believe her love for her child as much as you believe her resentment for what he is taking away from her. And Adams can make almost any line work, including one about a walnut. But we digress. It’s an irony that for reasons of storytelling, characters have generic names — because Adams is such a singular and particular, talent. The journey she embarks upon is bizarre indeed, but you won’t regret taking it with her. “Nightbitch,” a Searchlight Pictures release, has been rated R by the Motion Picture Association “for language and some sexuality. “ Running time: 98 minutes. Two stars out of four. Jocelyn Noveck, The Associated PressEverspin technologies VP sells shares worth $14,476

Trump team signs agreement to allow Justice to conduct background checks on nominees, staff

In an event that has set the memorabilia world abuzz, a pair of ruby slippers worn by Judy Garland in her role as Dorothy in the classic 1939 film, The Wizard of Oz, was sold for a record-breaking $32.5 million at auction. On the surface, this auction may seem like Hollywood excess at its peak; however, when you look beyond the glitter of sequins, this sale speaks volumes about the enduring cultural power of nostalgia, symbolism, and storytelling. The 'Holy Grail' of Hollywood Heritage Auctions calling these slippers the "Holy Grail of Hollywood memorabilia" isn't hyperbole. The ruby slippers represent a golden age of cinema when craftsmanship and storytelling coalesced perfectly. They weren't created in a CGI studio or mass-produced for marketing tie-ins. These were hand-sewn, painstakingly detailed pieces of art, carefully designed to shine brilliantly in Technicolor — a pioneering technology in 1939 that revolutionised the film industry. This shift from silver to red, made to maximise the vividness of Technicolor, was a moment of pure creative genius. And it worked. The image of Dorothy's feet, clad in shimmering red, became one of the most memorable images in film history. Selling for $32.5 million? That's not just a collector's flex; it's a validation of cinema as art and of the historical significance these shoes carry. More than just footwear The journey of these slippers — through theft, recovery, and now auction glory — reads like a plot twist in itself. Stolen in 2005 by a thief who wrongly assumed they were encrusted with actual rubies, the slippers have lived through mystery, crime, and recovery, adding layers to their mythos. That's part of what makes them so valuable; their legacy continues to evolve, even eight decades after they first appeared on screen. They've become more than props — they're characters in their own right. Just like Dorothy's journey in Oz, the slippers have faced their own perilous adventure. When they were finally recovered by the FBI after 13 years, in 2018, it felt like the happy ending we all craved — a reassurance that some things, no matter how lost, can find their way back. Why it matters In a modern world where "home" often feels fragmented, the message of the ruby slippers resonates deeply. Dorothy's chant — "There's no place like home" — carries a bittersweet poignancy today. Moreover, the sale also coincides with a resurgence in The Wizard of Oz mythology, with films like Wicked (2024) reviving interest in the world of Oz. This reawakening suggests that despite changing times, we still crave stories rooted in magic, wonder, and a touch of innocence. Yes, $32.5 million could buy mansions, rare art, or bankroll an indie film or two. But this sale tells us something crucial; the power of storytelling, nostalgia, and the enduring love for a Hollywood classic. In an event that has set the memorabilia world abuzz, a pair of ruby slippers worn by Judy Garland in her role as Dorothy in the classic 1939 film, The Wizard of Oz, was sold for a record-breaking $32.5 million at auction. On the surface, this auction may seem like Hollywood excess at its peak; however, when you look beyond the glitter of sequins, this sale speaks volumes about the enduring cultural power of nostalgia, symbolism, and storytelling. The 'Holy Grail' of Hollywood Heritage Auctions calling these slippers the "Holy Grail of Hollywood memorabilia" isn't hyperbole. The ruby slippers represent a golden age of cinema when craftsmanship and storytelling coalesced perfectly. They weren't created in a CGI studio or mass-produced for marketing tie-ins. These were hand-sewn, painstakingly detailed pieces of art, carefully designed to shine brilliantly in Technicolor — a pioneering technology in 1939 that revolutionised the film industry. This shift from silver to red, made to maximise the vividness of Technicolor, was a moment of pure creative genius. And it worked. The image of Dorothy's feet, clad in shimmering red, became one of the most memorable images in film history. Selling for $32.5 million? That's not just a collector's flex; it's a validation of cinema as art and of the historical significance these shoes carry. More than just footwear The journey of these slippers — through theft, recovery, and now auction glory — reads like a plot twist in itself. Stolen in 2005 by a thief who wrongly assumed they were encrusted with actual rubies, the slippers have lived through mystery, crime, and recovery, adding layers to their mythos. That's part of what makes them so valuable; their legacy continues to evolve, even eight decades after they first appeared on screen. They've become more than props — they're characters in their own right. Just like Dorothy's journey in Oz, the slippers have faced their own perilous adventure. When they were finally recovered by the FBI after 13 years, in 2018, it felt like the happy ending we all craved — a reassurance that some things, no matter how lost, can find their way back. Why it matters In a modern world where "home" often feels fragmented, the message of the ruby slippers resonates deeply. Dorothy's chant — "There's no place like home" — carries a bittersweet poignancy today. Moreover, the sale also coincides with a resurgence in The Wizard of Oz mythology, with films like Wicked (2024) reviving interest in the world of Oz. This reawakening suggests that despite changing times, we still crave stories rooted in magic, wonder, and a touch of innocence. Yes, $32.5 million could buy mansions, rare art, or bankroll an indie film or two. But this sale tells us something crucial; the power of storytelling, nostalgia, and the enduring love for a Hollywood classic.

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 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 . 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.