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The Big Read
The real impact of the ESG backlash
...Folwell, the North Carolina treasurer, has said his office has taken over proxy voting from BlackRock for its funds with the firm, and New York City already voted its own shares....
December 4, 2023
News in-depthSocial Media
TikTok accused of mishandling sexual harassment allegations
...The employee said an investigation never concluded as she and a HR executive dealing with the issue left shortly after the complaint was made....
March 14, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Work & Careers
Quit-Tok: why young workers are refusing to leave their job quietly
...The effects of the videos are already being felt in tech companies and the HR sector....
March 18, 2024
NBC Universal Inc
NBC cuts ties with former Republican party chair McDaniel after backlash
...Michael Whatley, a close ally of Trump from North Carolina, is the new chair of the RNC, and Lara Trump, the former president’s daughter-in-law, is co-chair....
March 26, 2024
Anjli Raval
Competent jerks have a shelf life in the office
...One chief people officer for an industrial company recalls an individual who had progressed to the executive committee but, when they were evaluated by headhunters and HR for the role of CEO, it became clear...
January 14, 2024
ESG investing
US investment funds pull $13.3bn from BlackRock in anti-ESG campaign
...In North Carolina, state Republican treasurer Dale Folwell has publicly criticised BlackRock while leaving $18.4bn with the money manager....
March 24, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Baring Asset Management Ltd
Barings sues Nomura-backed private credit firm over ‘one of largest corporate raids’ in years
...Barings, a subsidiary of US life insurer MassMutual, filed on Monday for a temporary restraining order and preliminary injunction against Corinthia Global Management in a North Carolina court....
March 18, 2024
News in-depthCitigroup Inc
The JPMorgan banker tasked with reviving Citi’s investment bank
...Recruiting Raghavan brings an end to a high-profile HR gambit by Citi’s chief executive Jane Fraser, who left the banking job vacant when she unveiled the company’s new five-division structure in September...
March 1, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...The new paper, by Jeremiah Green of Texas A&M and John Hand of University of North Carolina, argues that at least on the ethnic diversity side, the studies just don’t hold up....
April 3, 2024
The Trump machine
The Trump machine: the former president’s dash for campaign cash
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
April 2, 2024
ESG investing
BlackRock sued by Tennessee over ESG strategies
...Officials in Texas, Florida, South Carolina and other Republican states previously pulled assets from BlackRock and have targeted the firm for divestment after concluding that its use of ESG considerations...
December 18, 2023
LexArtificial intelligence
HR tech: when the computer says no Premium content
...In-house HR people, too, will need to find a new roles, perhaps to audit the results of the AI tool, and provide an appeals system for those who feel wronged by any algorithms....
April 23, 2023
News in-depthMedia
‘Way too much news’: US conservatives face a fragmented media map
...At a South Carolina polling station in February, Jennifer Koerner, a 51-year-old real estate agent, had just cast her vote for Trump as the Republican nominee for president....
March 12, 2024
US presidential election 2024
Haley outspends US Republican rivals in attempt to catch Trump
...MAGA Inc, the super Pac backing the former president, recently launched ads in New Hampshire attacking her for reversing her position on a proposed gas tax years ago — a claim her campaign has disputed....
December 30, 2023
Streaming services
Disney vs Charter: a dispute that leaves future of cable TV in doubt
...Two of the state’s flagship public universities, the University of North Carolina and North Carolina State, belong to a regional league whose games are among those now unavailable to Charter subscribers....
September 8, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Utilities
Enbridge in $14bn deal for Dominion gas utilities as US energy mix shifts
...After absorbing the companies involved in the deal — the East Ohio Gas Company, Public Service Company of North Carolina and Questar Gas Company — and their 3mn customers across Ohio, North Carolina, Utah...
September 5, 2023
News in-depthBaidu Inc
Baidu’s bet on AI could make or break China’s fallen tech group
...The company said she provided advisory services to Baidu’s HR department and was not involved in day-to-day operations nor among its core management....
January 5, 2024
FT Alphaville
The big potato payday
...We can only hope for shareholders’ sakes that the company‘s new head of HR is stricter on perks. But hey, look on the bright side, at least he seems to have actually moved....
August 29, 2023
US presidential election 2024
Biden campaign launches new push to revive poll numbers
...But the Democrat’s ads will take advantage of a time when the Trump campaign and MAGA Inc are essentially off the air, according to AdImpact data....
September 14, 2023
OutlookElaine Moore
Influencers beware: Converting YouTube fame to an IPO is not easy
...One of the most popular YouTubers in the world is a tall, rather awkward 25-year-old from North Carolina called Jimmy Donaldson, better known to his fans as MrBeast....
August 27, 2023
Batteries
Tesla co-founder’s battery recycling start-up closes in on $5bn valuation
...In December, Redwood announced a plan to develop its next facility of more than 600 acres near Charleston, South Carolina, including a $3.5bn investment....
July 18, 2023
InterviewThe CEO
‘Talk to everyone you can’: Plaid’s Zach Perret on navigating a failed sale and Covid upheaval
...Perret grew up in Clemmons, North Carolina, which he describes as “in the middle of nowhere”....
October 1, 2023
Sarah O'Connor
How the digital nomad went corporate
...Gianpaolo Barozzi, an HR director at Cisco, told me that “the typical digital nomad is the freelancer, the website developer who can develop from anywhere, but what we are experimenting with — which is much...
June 6, 2023
NBA
Michael Jordan agrees to sell majority stake in NBA’s Charlotte Hornets
...Joining Plotkin and Schnall in the new ownership group is the sports-focused investment fund Dyal HomeCourt Partners, a division of asset management firm Blue Owl, and rapper J Cole, a North Carolina native...
June 16, 2023
Krispy Kreme Doughnuts Inc
Krispy Kreme boss shrugs off UK’s tightening anti-obesity rules
...Although more restrictions are expected in the coming months, Mike Tattersfield said the North Carolina-based company would push for growth in the UK market by exploring new ways to reach customers....
May 16, 2023

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