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...The money manager backed just 7 per cent of environmental and social proposals at companies’ annual meetings in 2023 proxy season, down from 47 per cent two years earlier....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Delaware-incorporated companies are valued at $34tn in aggregate, so Tesla is 1.7 per cent of that total....
...Investors, who are already digesting a steadily falling share price, disappointing sales figures, and a contentious plan to move company headquarters from Delaware to Texas, face another conundrum: whether...
...Handler said on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...On Sunday two 7-Eleven stores in the eastern city of Changzhou in Jiangsu province told Chinese media they had removed all Nongfu Spring products from their shelves, with a “special notice” put up saying...
...Tesla, however, holds a fragile lead in an immature industry. Lumping it in with the Mag 7 was a mistake....
...Arriving weary and hungry from the bullet train in Hiroshima one night last spring, I trod the natural path by heading to a 7-Eleven convenience store for a can of beer, an onigiri rice ball and some fried...
...“Ultimately, I want to make certain that corporations, no matter their size, treat Tennessee consumers fairly and honestly,” Skrmetti, a Republican, said in a statement....
...Barclays finds that in the week of earnings or a deliveries update, the stock is down 7 per cent on average....
...However, much of that has come via a fattening earnings multiple. The five traded at about 7 times forward earnings in mid 2020. Today they fetch an average of 12 times....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...In 2009, Mnuchin led a group of private equity investors that bought IndyMac, a mortgage lender that failed in the 2008 financial crisis, from the Federal Deposit Insurance Corporation....
...These two categories make up 7 per cent of core services inflation and have rather scary-looking longer-term charts: There is still a case for optimism....
...Basically, investors think that the combination of cash on the balance sheet at the Magnificent 7 firms, coupled with the euphoria over AI, is a reason to think that we aren’t in the market bubble of all...
...The deal marks the second time Elliott has forced changes at NRG, a Texas-based utility and power producer with 7.3mn customers....
...Smart reads Bankruptcy in Texas Houston has been a favoured city for cash-strapped companies and corporations with large legal liabilities to find shelter from creditors....
...A record 1.2mn EVs were sold in the US in 2023, according to data from Kelley Blue Book, a research company. EVs made up 7.6 per cent of the domestic car market, up from 5.9 per cent in 2022....
...A deep freeze due to sweep across the central US this weekend has put grid operators on high alert from Ohio to Texas....
...The Osaka bento shop where the first vending machine will be placed neighbours a 7-Eleven and a Lawson, run by two of the country’s largest convenience store chains....
...Chang’s and business technology provider Computer Services Inc....
...“It’s a nice, proper transition and carefully done,” said Parker, adding that it was the “right time” for a change. “These are pretty brutal businesses because you’re live 24/7.”...
...It insists that it has set up a structure in the US, called Project Texas, which walls off the personal data of Americans from anyone in China....
...In at least two big 2023 bankruptcies, Freeman was signed up to be a so-called “special conflicts counsel” by the big Texas firm, Jackson Walker. Her rate was to be a cool $750 per hour....
...The filing against PepsiCo, the world’s second-largest food company, is one in a swell of lawsuits brought by local authorities, consumer protection groups and non-profits against corporations about their...
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