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...Just two years ago Buffett had described the business as one of the company’s “four giants”....
...Energy bankers Muhammad Laghari and Alexander Burpee will also join Moelis in Houston as managing directors from Guggenheim....
...Souki began discussing the location with former BG Group executive Martin Houston in 2014, when he still led Cheniere. Cheniere advanced Houston’s company $46mn to begin buying land....
...She worked her way up to senior jobs at Def Jam and Arista Records, where she worked with music mogul Clive Davis and stars such as Whitney Houston....
...The firm also hired CenterPoint Energy’s Philip Holder as a managing director for power and utilities coverage in Houston....
...Shareholders of his electric carmaker Tesla had sued him and the company’s board of directors over a massive stock option grant that he was given in 2018, which could be worth up to $56bn....
...The Arctic blast devastated the state — killing at least 200 people, and causing blackouts for nearly a week, as well as widespread damage to homes and infrastructure....
...Live Nation lost more than $1bn in market value after the world’s largest concert company was sued in connection with a Houston music festival where eight people died and dozens more were injured....
...With companies and countries under mounting pressure to reduce emissions and meet climate targets, coal will be the long-term casualty. The industry is also now laden with hazard for investors....
...“I wanted to get it done as soon as possible,” said Fernando Fonseca from Houston, Texas. “My parents both had the Delta variant and were both placed in the emergency room.”...
...‘You might have super-winners’ As well as financial casualties, there will also be winners, though....
...Latham & Watkins has hired James Garrett as a partner in private equity and M&A practices. He joins the firm’s Houston office from Vinson & Elkin....
...The Houston court that approved the company’s reorganisation last month valued the company at about $5bn, although some analysts now say it could be worth almost $8bn....
...Those are all separate companies, different kinds of investments. We want them all in the US....
...Gyms were an early casualty of the lockdowns. In the UK, shares in The Gym Group have slumped as fitness centres burnt through cash....
...Co-founder Nguyen Ai Huu said his company’s latest contract was to produce power distribution units for a buyer in the US, where Xelex has an office in Houston, Texas, run by his brother....
...(FT) Crisis pushes Japan Inc to bury old rivalries A little-noticed merger in Japan’s shrinking sugar industry is providing a template for the creation of national champions in sectors as diverse as motorcycles...
...Simpson Thacher & Bartlett has hired Ravi Purohit from Blackstone as a partner in its energy and infrastructure practice in Houston....
...California has passed a law to reclassify contractors as employees. Juno will not be the last casualty....
...After it closed, he set up Donda’s House, named after his mother, but which is now known as Art of Culture Inc, this time to support creativity in young people in Chicago....
...Macquarie Infrastructure said demand for the tanks was also a casualty of US shale oil production, as it yields a lighter grade of crude that produces less residual heavy oil....
...Moelis has hired Martin Houston as an advisory partner and chairman of the company’s global energy group....
...Insurance stocks had been trending downwards for weeks as the start of the Atlantic hurricane season weighed on investors’ minds, and rating agency Moody’s warned that property and casualty insurers, as...
...However, it does look to me as though there is reason to fear that this could be overconfidence. Property-casualty insurers will be most directly affected, and have had a bad day....
...Those doctors and nurses who remained were overwhelmed by treating casualties of war. In many areas, infrastructure was also badly damaged....
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