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...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
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...By the early 20th century, control of these corporations was beginning to shift away from the founder or their descendants....
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...KKR last month said it would buy the remaining stake in Global Atlantic, the life insurer it took control of two years ago....
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...On Monday, securities filings revealed a hang-up in Chevron’s $60bn stock deal to acquire smaller rival Hess Corporation....
...“All of these funders have been used to having full control over their businesses, the way their money is spent, and the results achieved,” says Venkatachalam....
...Intersport controls a third of the market, according to the retailer....
...Out of a total of 159mn shares, Samsung’s ruling Lee family, other Samsung affiliates and the KCC Corporation — a long-standing Lee family ally — control approximately 80mn shares....
...The 1997 reverse merger with McDonnell Douglas put profit and cost controls above all else....
...Pre-IPO shareholders who are swapping their units are entitled to 85 per cent of the benefits realised by the corporation....
...Indian authorities have stepped up efforts to control domestic supplies and prices of agricultural commodities such as sugar, onions and wheat ahead of next year’s general election, the latest in a series...
...After Disney’s statement DeSantis moved to take over the powerful Disney-controlled board that oversaw zoning, mosquito control and other governmental affairs in the area around the park....
...McCormick ruled that Musk had exerted undue control over the company’s board despite owning a minority of Tesla. He was the “paradigmatic ‘Superstar CEO’”, she wrote in the ruling....
...Last year, Saudi Arabia’s Saline Water Conversion Corporation launched a $10mn global prize for Innovation in Desalination....
...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....
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