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...“We’re now getting close to 2,000 employees worldwide. The idea is to keep investing,” said Carvalho....
...That is more than any of the biggest names in corporate America including Tesla, the $565bn behemoth whose stock is often frenetically traded....
...The vote is a chance for shareholders to re-endorse Musk’s leadership of the company, at a time when Tesla’s sales have fallen in the face of slowing demand and rising competition....
...Biotech business Redx Pharma this week blamed low liquidity on London’s junior market for its decision to delist its shares from Aim and re-register as a private company....
...Honestly, we’re only posting this so you have a fresh comment box in which to argue with each other....
...We’re going to start with actions that partially offset stock-based comp, and then we’re going to work our way up towards a consistent reduction of share count.”...
...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....
...LTL, the unit created by J&J to house the talc claims, would again file for bankruptcy in order to facilitate the settlement, the company said....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...The FT’s US pharmaceutical correspondent Jamie Smyth helps us explore whether J&J’s use of this manoeuvre is setting a precedent for corporations to evade accountability in America....
...Investors are very willing to deploy capital, but they’re still very disciplined and they’re providing us with very detailed valuation thoughts,” said Keith Canton, Americas head of ECM at JPMorgan....
...According to Michael Youngworth, a convertible bond strategist at Bank of America, a slower than expected fall in inflation is also encouraging companies to issue debt sooner rather than later....
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
...Citi, JPMorgan and Bank of America have all gotten in....
...“Delaware thinks: ‘We’re smarter than you are, and we’re going to have judges up here in Wilmington look at the economics of your transaction,” said Byron Egan, an elder statesman of the Texas corporate...
...In recent months, little-known companies with names such as Bit Brother and Phunware have been among the most traded stocks in America’s public markets, surpassing companies like Tesla and popular exchange...
...In other words, advertising people, we’re all maggots.”...
...“Today in America, the retirement message that the government and companies tell their workers is effectively: ‘You’re on your own.’”...
...“LPs don’t usually like to put pressure on VCs to spend money, but if you’re entering your third year of not doing anything, they’re starting to ask what are my fees for,” said a Silicon Valley venture capital...
...“The environment [at Ford Field] is better than any you’re going to find in the NFL. I mean, back-to-back weeks, your eardrums are just banging”....
...“They’re saying, essentially, we will provide to you what the Saudis allow us to provide....
...“They’re very excited. After the first Fringe Festival, they gave me a hug. And they said, ‘Thank you, so proud of you.’...
...Today’s GDP numbers will almost certainly come in hot, too. Could we be seeing growth re-accelerate? Mark Zandi of Moody’s Analytics urges against that interpretation....
...“They have an approach where they’re both global and local.” Vanguard has increased its share of the US market from about 25 per cent to about 29 per cent since 2018....
...On today’s episode, we examine whether Johnson & Johnson’s Texas two-step manoeuvre is setting a new precedent for corporations to evade accountability in America....
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