AMERS

As Musk focuses on Twitter, his $56 billion Tesla pay goes to trial

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WILMINGTON, Del., Nov 7 (Reuters) – As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker. Tesla (TSLA.O) shareholder is seeking to rescind Musk’s 2018 … Read more

US grocer Kroger carts away Albertsons for $25 bln but faces antitrust test

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Oct 14 (Reuters) – Kroger Co (KR.N) snapped up Albertsons Cos Inc (ACI.N) in a $25 billion deal on Friday, creating a US grocery behemoth to better compete with leader Walmart Inc (WMT.N) on prices while bracing for potential antitrust roadblocks. The mega merger between the No. 1 and 2 standalone grocers in the United … Read more