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...The proxy adviser now has a blanket ban against former chief executives becoming chair, a position that goes well beyond the requirements of German law....
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...The company’s notice said it had reported the incident to law enforcement....
...But notice that in the more recent statement, Berkshire is making a comparison to “the average American corporation,” not the S&P 500....
...“What I’m seeing is a distinct narrowing of the gap that’s been there historically between civil, commercial and criminal litigation, and what that means is a far greater use of civil enforcement powers...
...Stan Deal, head of Boeing’s commercial aeroplanes unit, will retire with immediate effect. Lawrence Kellner, board chair, said he would not stand for re-election in May....
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...S&P rates BPY’s debt BBB-, the lowest investment grade credit rating....
...For example, the UK government is seeking backing for EDF’s next large-scale reactor in the UK, Sizewell C in Suffolk, but the spectre of cost blowouts at Hinkley Point C looms large....
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...actors do not enjoy immunity from lawsuits regarding violations of their commercial obligations”....
...Under 28 U.S.C. section 1408, a company can file bankruptcy in any district where it has its domicile, principal place of business, or principal assets for 180 days prior to bankruptcy....
...Some would probably argue that more information is not the same as better information . . . but c’mon....
...Corporations, meanwhile, get a chunk off their tax bill....
...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....
...There are also social costs when the Federal Deposit Insurance Corporation is forced, by law, to sell failed banks to multi-trillion-dollar mega banks who can offer a better price than smaller bidders....
...Moody’s has cut New York Community Bancorp’s credit rating to junk, citing “high governance risks” and the potential for commercial real estate losses to create “confidence sensitivity”....
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...Even the law firm Schillings has a public relations arm. What’s behind the endless creep?...
...Forrest honed her expertise in the law surrounding the expanding digital economy as a judge....
...Looks like S&P Ratings doesn’t find “attestations” especially convincing, either....
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...“The law is made for man.”...
...The Soviet cosmonauts initially used pencils — before purchasing Paul C Fisher’s pens themselves in 1969....
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