Hints and tips:
...The Emerging Republican Majority by Kevin P PhillipsThis 1969 masterpiece explains Nixon’s “Southern strategy”, which used race, cultural issues and demographic shifts to destroy the Democratic majority...
...He has been joined by Alfonso Montero López, who will serve as chief technical officer for the unit after 12 years at Spain’s Iberdrola....
...Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer....
...Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music....
...BP’s chief executive Bernard Looney is resigning and SoftBank’s Arm is set to hit the public market on Thursday....
...It costs less than $3 per kilogramme for “grey” hydrogen production from fossil fuels, S&P said in a report this year....
...The sector as a whole also breathed a sigh of relief, with the S&P Global Luxury index rising almost 3 per cent....
...Cartography by Steven Bernard...
...The S&P 500 experienced its sharpest decline since the middle of February and US government bonds also rose as investors sought safe-haven assets....
...Person to watch Bernard Arnault, the chief executive of LVMH, is the most influential figure in the industry for a reason....
...BP has appointed Aviva chief executive Amanda Blanc as its next senior independent director in the first major shake-up of the oil major’s board since the departure of CEO Bernard Looney....
...Regarding ownership concentration, bitcoin’s pales beside Bernard Arnault’s 48 per cent stake in LVMH, let alone his majority voting share....
...What is the trailing P/E ratio of the top-10 stocks in the S&P 500 today? They are more overvalued than the top-10 were in the tech bubble....
...Admittedly, you would have done even better in US stocks, given the 170 per cent rise in the S&P 500 over the decade....
...In the US — where it is less common to have been on the board prior to taking the top job — 17 per cent of the 245 S&P 1500 chiefs appointed since the start of last year were company directors before they...
...A Harvard Business Review analysis from 2021 estimated that bad chief executive and C-suite successions wiped out $1tn in market value from the S&P 1500 a year....
...Last week, BP chief Bernard Looney resigned over his failure to disclose the extent of past personal relationships inside the company....
...But the nationalist López Obrador halted the initiative’s implementation....
...Women were outnumbered five to one in the 533 most senior leadership positions in S&P 100 businesses in 2023, with only 17 black women on that list, according to USA Today in March....
...The company subsequently grew by acquiring other companies and counts Platts, part of credit rating company S&P, among its competitors....
...BP has had a tumultuous few months following reports about chief executive Bernard Looney’s undisclosed past relationships with colleagues....
...Our engineer is Monica Lopez. We had help this week from Josh Gabert-Doyon, Zach St Louis, Sam Giovinco, David da Silva, Michael Lello, Peter Barber and Gavin Kallmann....
...BAE Systems’ Charles Woodburn, and BP’s Bernard Looney were paid more than £10mn each, as was Albert Manifold, boss of CRH, which is moving its listing to the US....
...We got the S&P 500 up sort of well over 20 per cent for the year. You know, this is a really serious rally....
...US bankruptcy judge Christopher Lopez gave Diamond an early victory, ruling on Wednesday that the Suns cannot carry out their plans before the two parties settle contractual disputes....
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