Hints and tips:
...Speaking to the Financial Times following the Illinois verdict, Licht did not confirm or deny that the company was exploring a sale again. “Who is going to want to buy an infant formula business?”...
...Australian operator The Lottery Corporation and semi-publicly owned French operator Française des Jeux as well as New York-listed lottery companies International Game Technology and Scientific Games are...
...Fitch downgraded Allstate’s holding-company credit to BBB+ from A- earlier this year, citing “sharp underwriting result deterioration”....
...The cell is not subject to corporation tax on its profits or withholding tax on distributions, Lloyd’s says....
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
...Things got really nutty, and not in an inspiring way....
...US labour law is fundamentally reactive, so it’s entirely possible for companies to fire union leaders....
...Corporation (KNIC), North Korea’s state-owned insurance monopoly....
...The first company to use the Texas two-step was an affiliate of Georgia-Pacific, which is owned by the massive conglomerate Koch Industries....
...The First Republic deal, and one in 2008 when JPMorgan purchased the assets of Washington Mutual, fall under an exception for deals involving failed banks....
...at the company and across the sector....
...Paul Volcker, the Fed chairman at the time, chose pragmatism, organising a rescue with the central bank and the Federal Deposit Insurance Corporation working together....
...banks and other companies but also households, industries, financial markets and foreign governments in times of crisis....
...Results: Apple is the latest technology company to report earnings. Carlyle Group, Moderna, ConocoPhillips, Kellogg, Coinbase, Lyft and Expedia also report....
...The company attributed its decision to Georgia’s strong workforce and an industrial-zoned 368-acre site with rail, water and power lines in place....
...Meanwhile, Li, the new premier of China, said this month that in his former role as head of Shanghai “senior managers of multinational corporations, including many American companies . . . all told me that...
...We are not out of the woods yet, despite an Federal Deposit Insurance Corporation guarantee for uninsured depositors of SVB and a Fed liquidity facility for other banks....
...Or, for another example, look at Allstate, the insurance group headquartered in Illinois. A few years ago, its executives realised that gerrymandering was undermining democracy in their state....
...The first Zantac case to come to trial will be in Illinois on August 22, followed by a February 2023 trial in California....
...“When you have these major dislocations in an economy, it’s a good opportunity to refresh,” she said....
...A Better Mount Pleasant’s Gallaher points to a lawsuit filed against Foxconn in Illinois, in which Foxconn argued that, because it was a foreign company, it could not be sued in the US....
...Ever since the Hongkong and Shanghai Banking Corporation was founded in 1865, its managers have turned adversity into profit....
...“I think corporations and the wealthy need to pay their fair share,” he said....
...In an August 25 letter to Morningstar, 18 states urged the company to terminate all research and ratings products that “treat Israel-connected companies differently”....
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