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...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...It’s hardly surprising that Napa Valley, an hour north of San Francisco, is a magnet for tourists. Napa wine producers have responded by turning tourism into a serious profit centre....
...“But the fact that the announced M&A is up is a good indication that you should see a pick-up of revenues later in the year.”...
...Stock splits are back with a vengeance. US-listed Mexican eatery Chipotle plans a whopping 50-for-1 split. Japan racked up nearly 200 in the past fiscal year, a record....
...Waiving these taxes would require “significant legal changes to the corporation taxation system in Belgium”, said one person involved in the discussions, who thought it therefore unlikely to happen....
...Then, a mere 10 hours before the bankruptcy filing, a company lawyer changed the address of the shell corporation to a post office box in Houston....
...The backdrop to all these cases is whether a powerful controlling shareholder simply wants to flee to a less strict jurisdiction....
...On Sunday Musk, who declares himself a “free speech absolutist”, called for a Brazilian supreme court justice to “resign or be impeached”....
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...What is sensible at a discount to business-value becomes stupid if done at a premium.”...
...It has also raised concerns among local Democrats, who warn a policy designed to appeal to young climate-conscious voters could harm Biden’s campaign in a state that produces a fifth of America’s natural...
...One of the largest penalties imposed on a New York corporation, the judgment has ballooned the former president’s legal costs, which he is struggling to cover while mounting a campaign for the presidency...
...After Gay’s resignation earlier this month, the corporation named Alan Garber as interim head and said the process of selecting a full-time replacement would “include broad engagement and consultation with...
...“No corporation should be its own government,” the statement said, adding the administration was “ready to work with Disney . . . to help promote economic growth, family-friendly tourism, and accountable...
...“Ultimately, I want to make certain that corporations, no matter their size, treat Tennessee consumers fairly and honestly,” Skrmetti, a Republican, said in a statement....
...That is a large chunk of ByteDance’s own valuation — about $260bn based on last year’s share buyback from employees. A forced sale is likely to mean a much lower price....
...ByteDance is also unlikely to list on public markets in the US or arrange for external investors to buy a large chunk of employee shares while the US Senate weighs a bill that could lead to a national ban...
...“Notwithstanding these communications, redomestication is a board decision, not a decision for a chief executive officer,” it said....
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
...This time is different, he believes: it is not a question of the wider financial system seizing up or a lack of liquidity....
...That bond was underwritten by a subsidiary of the Chubb corporation....
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
...A claim filed in a court in Los Angeles on Tuesday said the use of a “special expenses” fund of $950,000 after tax was an agreed part of his contract....
...TerraPower, which has raised almost $1bn in private funding, signed an agreement with Emirates Nuclear Energy Corporation in December to explore using Natrium reactors to generate electricity and produce...
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