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...Orlando’s sway stems from free shares he received as a reward for setting up the Spac. The Florida-based businessman controls 14.8 per cent of DWAC’s outstanding shares....
...His own agency has also been sharpening its focus on segments of the credit card industry including subprime, cashback and third-party rewards....
...“We’re looking to bring together the expertise of material scientists, biologists, hardware experts and electrical engineers, among others to drive progress in new directions.”...
...It calls to mind the pickled egg jar in the pub, only marginally less appetising than a pathology specimen. But we’re getting this catastrophically wrong....
...We’re also reading . . . Cycle vs trend: Investors must brace themselves for bigger and more difficult choices, writes Goldman Sachs’ Peter Oppenheimer, as a new inflection point emerges in markets....
...The litigation “will cost millions”, he said, “but we’re not only committed to going all the way, we’re going all the way.”...
...In a network designed to bypass a traditional centralised institution like a bank or a stock exchange, the miners are the ones supplying the trust that you’re not being defrauded....
...litigation process,” Kelly said....
...Two-thirds of TPLF settlements for commercial litigation go to large rather than small companies, according to Swiss Re. But even funders working with big companies like to claim the moral high ground....
...They’re getting sponsors, they’re getting paid to compete in events,” said David Wallechinsky, a founding member of the International Society of Olympic Historians....
...If you missed it, go back now to read his piece on signs of weakness in the US economy, as it provides useful background for the puzzle we’re about to discuss....
...Hartley says: “In-house lawyers need to recalibrate their thinking on where that red line is so they know when to turn around to the person they’re advising and say, ‘No, we cannot do that’.”...
...“You ought to be very frightened if you’re a CEO,” reckons former Unilever chief executive Paul Polman, who has supported some climate litigation....
...This week, we’re taking a look at the future of the bitcoin mining industry....
...Yet we show little or no consistency in whom we give these rewards to. Do you tip your hairdresser, for example, at the salon?...
...The trick, say bankers, is to find a steady middle ground that reassures still-scarred investors they’re unlikely to get hurt so badly again and also calms executives’ fears that they’re joining a rollercoaster...
...to reward investors....
...So collectively, this is, you know, some of the biggest litigation facing Berkshire in at least my time covering the company for many years....
...US property and casualty insurers could face $40-180B in losses related to PFAS litigation....
...They’re reaping the rewards,” said Diarmaid Sheridan at brokerage Davy in Dublin....
...The generosity of UK deals is limited by the cap on interchange fees (the charges that merchants pay to accept cards, which in effect fund the rewards)....
...Moreover, the market had evolved to enable fund managers to reward investment advisory without compromising trade execution....
...“I think that you’re going to see other PBMs gradually get to that place because if they want competitive market dynamics, they have to start to reward biosimilars.”...
...“We’re not maintaining [our market share], we’re leapfrogging,” he added....
...This is an audio transcript of the Political Fix podcast episode: ‘PM rewards loyalists in mini-shuffle’ [MUSIC PLAYING] Peter FosterYou know, the UK is like a little iceberg that calved off this regulatory...
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