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Money

Amazon taken to court, again – but why are they in trouble this time?

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One of the worlds biggest online e-commerce platforms is once again heading to the courtroom

Amazon is being sued by Washington DC Attorney Generals over allegations it abuses its position as a retail giant.

The lawsuit filed earlier this week, claims that Amazon’s control of up to 70% of US online sales results in higher prices for consumers.

Attorney General Karl Racine says the company is dominating the online space – and explained exactly what the company is doing wrong.

An Amazon spokesperson responded to the lawsuit stating that the DC Attorney General has it exactly backward stating that sellers set their own prices for the products they offer on the Amazon platform.

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Money

Tesla shareholders approve historic $56B Elon Musk pay package

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Tesla shareholders have voted to approve Elon Musk’s unprecedented $56 billion compensation package, underscoring their confidence in his leadership and vision for the electric car company.

The package, which is tied to ambitious performance targets, includes a mix of stock options and bonuses contingent upon Tesla’s financial and operational milestones over the next decade.

As reported by Reuters, the approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire.

The proposal passed despite opposition from some large institutional investors and proxy firms.

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Money

Rich listers secret’s: how billionaires build their wealth

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Australian billionaires, including Gina Rinehart, have built their wealth by investing in valuable, income-generating assets.

For the average person looking to build their wealth, one possible option could be to buy quality assets like stocks when the market dips.

Mark Wyld from MW Wealth joins to discuss. #featured #trending #wyld money

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Buyer’s agent unveils key to building wealth through property

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Unveiling the strategies for game-changing wealth building through property.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Buyers Agent, Jack Henderson from Henderson Advocates. #trending #wyld money

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