business

Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide

A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s…

Russian oligarch Dmitry Rybolovlev loses suit accusing Sotheby’s of art fraud

Russian billionaire Dmitry Rybolovlev on Tuesday lost a New York federal court lawsuit in which he had accused the Sotheby’s…

New York sues Citibank for alleged failure to reimburse fraud victims

New York Attorney General Letitia James on Tuesday sued Citibank for allegedly failing to protect and reimburse victims of electronic…

Saudi Arabia’s first alcohol store is a big step, but also aims to tackle a longstanding problem: Booze smuggling

Saudi Arabia’s first alcohol store has opened in the diplomatic quarter of its capital Riyadh, accessible to non-Muslim diplomats.  While…