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...Some investors have also contested that Musk has spread himself too thinly between Tesla and his other companies, including SpaceX, to be thought of as full-time chief executive of the electric car pioneer...
...In the case of the McKinsey report published in 2020, the main study gathered data about diversity on the boards and in the C-suites of more than 1,000 large global companies....
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...Typically, these are to either a) pay cash coupons; b) toggle to ‘pay’ bondholders with more debt claims, albeit with some additional penalty (even more debt claims); c) to PIK for a while then switch to...
...This includes the elimination of two inter-company business lines, new direct reporting from the LOBs to the C-suite for the first time ever, and collapsing of management layers from a remarkably high 13...
...Exhibit B: Norway’s parliament last month voted to open up for deep-sea mining in and close to the Arctic....
...Companies with double B or B plus debt ratings have received solid demand, while lower-rated single B and triple C rated companies have been forced to go to private credit lenders for financing....
...“For utilities and especially for independent power producers, hot weather cures a lot of ills,” said Travis Miller, a utilities analyst at Morningstar....
...Former Rolls-Royce chief executive Warren East has joined carbon capture developer C-Capture as group chair....
...Rieder: I’d say it’s a B-. But it’s not a C. Why are you getting these sorts of yields in credit today? You’re getting them because the risk-free rate is so darn [high]....
...Space-age design II Up 1 (1969) Created by Gaetano Pesce for B&B Italia, this vacuum-packed foam chair came flat....
...The return of Ma Baidu was once known as the “B” in BAT, beside Alibaba and Tencent in the acronym synonymous with Big Tech in China....
...One of the casualties is Swedish property company SBB, which borrowed heavily during a local boom. Fitch downgraded the company to B- this week. Commercial real estate is in even worse shape....
...Chanel, too, has invested in biotech company Evolved by Nature, which last summer raised $120mn in series-C financing, as well as Arcaea (which also received investment from fragrance manufacturer Givaudan...
...JPMorgan Chase strategists noted there was persistent demand for the company’s vastly cheaper B shares, which currently trade at $357, and for its $543,680 class A stock, traditionally a quieter market....
...Sub-Zero & Wolf French Door Refrigerator + Freezer, £23,868 RM The travel guitar There are many grim stories to be told about the inherent fragility of the electric guitar....
...The interim outcome of the work undertaken has confirmed that since 26 January 2021: (a) £0.4m due to HFL by HCP was offset from the latest deferred consideration payment; (b) £0.1m of HFL customer receipts...
...The number of US chip companies taking part in China’s flagship International Import Expo rose this year, with many of them, such as Micron and Analog Devices Inc joining for the very first time, Nikkei’...
...I asked David Miller, director of the Princeton University Faith and Work Initiative, why faith and spirituality is such a non-topic at work....
...Robert F Stambaugh is the Miller Anderson & Sherrerd professor of finance at the Wharton School of the University of Pennsylvania. Lucian A Taylor is the John B Neff professor in finance at Wharton....
...Apple topped the list, while Qualcomm, a major US chip company, depends on China for more than 60 per cent of its sales. Electric-car maker Tesla relies on China for over 20 per cent of its sales....
...CUT TO: THE PARLOUR OF THE B&B A woman is watching TV. In the corridor behind her, Phil walks by, dressed in a robe, carrying an electric toaster and a towel, heading for the bathroom....
...Elon Musk will seek to prove that he is deserving of a multibillion-dollar pay package from Tesla, as a court case brought by shareholders who accuse the electric carmaker of having enriched its co-founder...
...(Robert Armstrong) One good read At CPAC with Tim Miller....
...The gap between the yield on double-B and triple-C bonds narrowed to its tightest level in 15 months at 6.53 percentage points in recent days, before widening slightly to 6.74 percentage points at Friday...
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