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Musk may get no salary unless Tesla hits milestones

Silicon valley billionaire Elon Musk will get no salary or cash bonuses from Tesla Inc and all his compensation as Chief Executive of the electric car maker will be tied to stock and operational milestones, the company said on Tuesday.

As Singapore ages, low tax model creaks

Beneath its modern and glitzy exterior, Singapore is aging. For the first time in its short history, the Southeast Asian nation is expected to have as many people aged 65 and older as under 15 this year, a demographic crux that challenges the low-tax economic model that helped transform Singapore from port town to financial hub in a matter of decades.

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