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Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a filing that its board had certified the operational milestone needed to unlock the first award in Musk’s eye-popping $50 …
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SoftBank Vision Fund’s head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 billion yen ($14.8 million), even as the fund’s underperformance pushed SoftBank to a record $13 billion operating loss. The figure was second only to remuneration for SoftBank Group Chief Operating Officer Marcelo Claure, which rose …
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Sonic Automotive, which operates 95 US car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then, it changed its executives’ pay packages — handing them a multimillion-dollar windfall. On April 10, Sonic’s board gave its top executives stock options to replace performance-based share awards, …
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Jimmy Fallon has apologized for donning blackface in a resurfaced 2000 “Saturday Night Live” skit that had many calling to “cancel” him. The 45-year-old host of “The Tonight Show” issued a statement Tuesday in a tweet and thanked fans for holding him “accountable.” “In 2000, while on SNL, I made a terrible decision to do …
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Even super agent Ari Emanuel loses sometimes. Emanuel, who runs Endeavor, the parent company of Hollywood talent agency WME and half of Ultimate Fighting Championship, reportedly took a $5 million hit on the sale of his LA mansion. The 4,330-square-foot property — located in LA’s tony Brentwood neighborhood where A-listers like Gwyneth Paltrow and Trent …
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Saturn the alligator was given to the Soviet Union in 1946 and the myth was born that he was in the collection of the Nazi leader. The zoo said the reptile, called Saturn, was around 84-years-old when he died on Friday. Saturn was born in Mississippi in the US and was later gifted to Berlin …
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“Saturday Night Live” ended its season just weeks ago, but the show is still playing a part in coronavirus-era life at NBCUniversal. NBCSN, the company’s sports-cable network, will fill next week’s primetime schedule with “SNL” repeats featuring prominent athletes as hosts. It’s just the latest programming maneuver by sports-media outlets to get something on the …
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A thrash metal drummer says he visited hell during a coronavirus-induced coma — and Satan wasn’t as cool as he thought. Will Carroll, of the band Death Angel, was comatose at the California Pacific Medical Center for two weeks in March after catching the virus on a European tour earlier that month, according to the …
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He’s still rolling in dough. Disgraced Papa John’s founder John Schnatter is serving up yet another slice of controversy with a bizarre series of TikTok videos that flaunt his massive collection of bling. The pizza baron was infamously ousted from his own company in 2018 for dropping a racial slur during a video conference and …
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Nearly 30 years have passed since Michael Jordan hosted “Saturday Night Live,” but David Spade remembers the NBA legend’s presence fondly. “When he hosted ‘SNL’ was the only time I got up close to him,” the former cast member recounted Tuesday on “The Herd with Colin Cowherd.” “He was such a superstar.” Spade, who has …