Moderna Under Fire as CEO Earned Nearly $400 Million in Stock Options and a 50 Percent Raise Last Year

Moderna is under fire after financial records showed the biotech company’s CEO Stephane Bancel earned around $393 million in 2022 from stock options he exercised as he received a 50% raise.

Bancel, whose firm is known for producing the COVID-19 vaccine, received $1.5 million in 2022, an increase of 50% from 2021, and Moderna increased his target cash bonus, a March securities and exchange commission filing shows.

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Twitter Users Vote for Elon Musk to Step Down as CEO

Twitter users voted for owner and CEO Elon Musk to step down from his leadership role by a 15-point margin in a Sunday poll.

“Should I step down as head of Twitter? I will abide by the results of this poll,” Musk asked in a Sunday afternoon tweet. The query came after Twitter implemented several recent changes in its policies, specifically instituting a policy prohibiting the sharing of real-time public information that resulted in the suspensions of several journalists.

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Conservative Investors Launch Campaign to Take On America’s ‘Wokest’ Corporations

A group of conservative investors plan to take on four of the “wokest” corporations at upcoming shareholder meetings over allegedly discriminatory policies in an effort to defend shareholders, according to a press release.

The Free Enterprise Project of the National Center for Public Policy Research, a Boardroom Initiative (BI) coalition member, will make proposals at Walmart, Twitter, Facebook and Comcast shareholder meetings held over the next two weeks to hire outside firms to investigate whether or not the companies are placing merit behind “equity” considerations, according to the release.

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American Medical Association CEO Calls Laws Banning Kids Trans Surgeries ‘Dangerous Governmental Intrusion’

Doctors performing surgery

The American Medical Association urged governors Monday to take a stand against laws banning transgender surgeries and procedures for minors.

American Medical Association (AMA) CEO James Madara sent an open letter to the National Governors Association Monday calling laws banning transgender surgeries for minors “a dangerous governmental intrusion into the practice of medicine,” noting that transgender and nonbinary gender identities “are normal variations of human identity and expression,” according to NBC News.

“As with all medical interventions, physicians are guided by their ethical duty to act in the best interest of their patients and must tailor recommendations about specific interventions and the timing of those interventions to each patient’s unique circumstances,” Madara wrote, the publication reported.

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Bernie Sanders Introduces Bill Raising Taxes on Companies That Pay Executives 50 Times More Than Median Worker

Vermont Sen. Bernie Sanders introduced legislation Wednesday that would targeting companies who pay executives 50 times more than their median worker.

The legislation, titled the Tax Excessive CEO Pay Act, aims to combat corporate greed and “end outrageous CEO pay,” Sen. Bernie Sanders said in a press release Wednesday. Sens. Elizabeth Warren, Ed Markey and Chris Van Hollen, along with Reps. Barbara Lee and Rashida Tlaib, joined Sanders in introducing the bill.

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President Trump Fires Tennessee Valley Authority Chair Over Hiring of Foreign Workers, Caps TVA CEO Pay at $500k

President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, criticizing the federal-owned corporation for hiring foreign workers.

Trump told reporters at the White House that he was formally removing chair Skip Thompson and another member of the board, and he threatened to remove other board members if they continued to hire foreign labor. Thompson was appointed to the post by Trump.

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New Ohio Bill Would Overhaul Controversial ‘State Takeovers’ of Local Public Schools

A new Republican-backed bill is being considered that would dramatically undo a major and controversial education initiative that was supported and signed by former Gov. John Kasich. In 2015, Ohio was facing an epidemic of failing schools. An Ohio Department of Education report for 2014-2015 found that only six of the…

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Billionaire CEO Of JD.com, Richard Liu, Arrested In Minnesota For ‘Suspicion of Sexual Misconduct’ – Again

Richard Liu

by Kyle Perisic   The billionaire CEO of Chinese e-commerce giant JD.com was arrested in Minnesota Friday on suspicion of sexual misconduct, and it’s not the first time he’s been involved in such allegations. The company said it was a false allegation after Liu Qiangdong, also known as Richard Liu, was…

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