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Salesforce, Elliott Management Avoid Battle Over Board Of Directors

Salesforce and Elliott Management said Monday the activist investor will not move ahead with a plans to nominate its own slate of directors. Read More...

Reuters

UPDATE 1-Tesla faces new race bias trial from employee who had $137 mln verdict cut

A trial kicked off in San Francisco federal court on Monday to determine how much money Tesla Inc must pay to a Black elevator operator who a jury determined was subjected to severe racial harassment while working at the electric auto maker’s flagship assembly plant. Lawyers for Tesla and plaintiff Owen Diaz began the process of selecting a jury, which included questioning potential jurors about their views on the company and its chief executive, Elon Musk. Last year, a judge slashed the $137 million verdict that the jury awarded in 2021 to Diaz, one of the largest ever in a U.S. workplace discrimination case.

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