LIPA’s own internal committee strongly recommended Quanta to take over. However, LIPA’s Board of Trustees opted to renew its contract with PSEG Long Island in April instead.

Concerns grow over political patronage at LIPA, as leadership changes raise questions about the utility's future direction and potential political influences.

Musk is already the wealthiest person in the world. Tesla’s board proposed a compensation package for CEO Elon Musk that would catapult the tech entrepreneur’s wealth above $1 trillion if the company ...

Tennessee football is paying ETSU more than a half-million dollars to play at Neyland Stadium on Sept. 6. UT has to pay ETSU $575,000 within 60 days of the game, according to the contract agreed upon ...

Plan highlights Tesla's reliance on Musk amid slowing EV demand Award could boost Musk's stake further if targets met Targets include company hitting market value of $8.6 trillion in 10 years Tesla ...

Tesla just proposed a new pay package worth up to $1 trillion for CEO Elon Musk. To earn it, Musk needs to hit milestones like turning Tesla into the most valuable company ever and selling one million ...

Tesla unveiled a staggering new pay package for CEO Elon Musk that could reach an unprecedented $1 trillion — potentially reigniting one of the corporate world’s fiercest battles over executive ...

Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics ...

The settlement is the largest payout in the history of U.S. copyright cases and could lead more A.I. companies to pay rights holders for use of their works. By Cade Metz Reporting from San Francisco ...

Tesla’s board unveiled a compensation package for the chief executive that could be worth $900 billion if he meets ambitious targets. By Jack Ewing and Peter Eavis Tesla’s board on Friday proposed a ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

On Aug. 26, Harris County Commissioners Court rejected a proposed 64% salary increase for the county's eight elected constables. (Emily Lincke/Community Impact) A proposed $114,290 annual salary bump ...