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...In line with Germany’s Stock Corporation Act and its corporate governance code, both von Bomhard and Bock underwent a two-year cooling-off period before joining the supervisory boards....
...In 2022, West Virginia led the way when it barred five financial firms, including JPMorgan, BlackRock and Goldman, from new state business, saying they were “boycotting” the fossil fuel industry....
...US is pushing allies in Europe and Asia to tighten the restrictions, following the debut of an advanced chip by Chinese mobile phone maker Huawei and chipmaker Semiconductor Manufacturing International Corporation...
...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...
...BlackRock said it had “paid all of its UK corporation tax, including the payment some time ago of all tax due in relation to this matter”, and that the “purpose of this hearing relates to the operation of...
...Moving its headquarters from Seattle to Chicago and Virginia made sense if the defence contracting business were the cash cow and growth engine, as it is with Lockheed Martin Corporation and General Dynamics...
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
...Microsoft, which has had more legal targets painted on its back than anyone, is the highest-valued corporation in the world....
...Berkshire also exited its investments in payments business StoneCo, insurers Globe Life and Markel Corporation, and homebuilder DR Horton....
...The Virginia-based group confirmed the “preliminary” discussions on Friday afternoon, saying it believed that the “reintegration” of Spirit “would further strengthen aviation safety, improve quality and...
...At present, a branch of the main clearing house the Depository Trust and Clearing Corporation, called the Fixed Income Clearing Corporation, is the only venue where Treasury trades are cleared....
...Republican states reliant on the fossil fuel industry, including West Virginia and Oklahoma, have banned some asset managers from doing business with them, based on accusations of boycotting fossil fuels...
...Bob Iger, Disney chief executive, said the launch would be “a significant moment for Disney and ESPN, a major win for sports fans, and an important step forward for the media business”....
...PDT, owned by Canadian asset manager Brookfield, had accused the corporation of seeking to reduce the value of its business through the action, a claim the STDC denied....
...This note reflects that Mitsubishi Corporation’s buyback announcement was for the equivalent of 4 per cent of its shares, not a tenth as previously stated....
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
...In response to “The loneliness of Mike Pence”:“While some corporations may revel in Biden’s industrial policy and the funds that it brings, genuine capitalists have no more use for this than they do for...
...“But the fact that the announced M&A is up is a good indication that you should see a pick-up of revenues later in the year.”...
...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....
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
...Meanwhile, shareholder meeting season has rolled around again, giving a window into how investors are — or are not — putting pressure on major corporations over their environmental and social impacts....
...Federal Deposit Insurance Corporation....
...Groups including the Reporters Committee for Freedom of the Press and the Chamber of Progress filed briefs in support of TikTok in the case, while a Virginia-led group of 18 states threw its support behind...
...He practised as an attorney, then joined the Development and Resources Corporation in the late 1960s, working on projects in Colombia, where he helped start a carnation farm, and Iran, where he tried to...
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