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...He added that in a worst-case scenario, the company could split off Mead Johnson “to create a firewall between the legal risk there and the rest of the company.”...
...In a previous interview, Johnson said that the company had not received any offers from private equity firms. “There were no discussions with anybody else,” he said....
...He also hit out at “rocketing corporation tax”, “damaging legislation on working from home” and a “crippling shortage of qualified engineers”....
...Disney: Investors will be focused on growth in the company’s streaming business and will be keen to hear updates on its plan to create a sports content venture with Fox and Warner Bros Discovery....
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...The copper, zinc and lead miner will take a 28 per cent stake in private company Aberdeen Minerals for £3mn in cash....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...with deeper pocketed rivals such as Netflix, Disney and Warner Bros Discovery....
...After leaving the company that further deals would turn into Warner Bros Discovery, Levin married his third wife, Laurie Ann Levin, who ran a holistic healing institute in Los Angeles....
...The restructuring, codenamed Project Magnolia, was designed to protect partner profits at the 45,000-person firm, but some felt it was mishandled by an organisation whose stock in trade is advising corporations...
...Before finance bros in the Anglosphere start clamouring for policymakers to don berets, they should probably note a few caveats....
...Hot Money is a production of the Financial Times and Pushkin Industries. It was written and reported by me, Miles Johnson....
...It’s a set of simple and chilling instructions, sent from one user to another. The first message reads: “Got a nice job for you bro . . . ” The response: “Who needs to go to sleep?”...
...So unlike stocks where you’re giving money to a company and getting part-ownership in that company, a bond is essentially the way a government or corporation raises money. So it’s more like a loan....
...What disappoints is how utterly uncritical these films are of the corporations behind the products, even when those companies had no hand in the films’ production....
...Shah suggested that the Match of the Day presenter appeared to have broken the corporation’s guidelines....
...Because crime is a business, and modern organised crime groups, they are increasingly run like multinational companies....
...Musk vs Altman: The legal battle over OpenAI is more than a row between billionaire tech bros, writes John Thornhill. It’s about the future of AI transparency....
...Dealmakers on both sides of the Pacific have reason to celebrate as Nippon’s all-cash takeover bid sparks hope for a wave of M&A as cash-rich Japanese corporations look to expand beyond their shrinking domestic...
...Some of the harshest criticism in recent years following the 2016 Brexit referendum has come from the ruling Conservatives, with the government of Boris Johnson especially vocal in questioning the corporation...
...Their sensitivity was increased by Japan’s aspiration to compete against them via Rapidus, a company created in 2022 and backed by the government and the country’s biggest corporations....
...Speaking in the weeks before Chevron agreed to buy US oil and gas producer Hess Corporation in a $53bn deal, Wirth said his company would seek to engage with critics “to be part of the solution”....
...The India-born 71-year-old has run his own production company, Juniper Communications, since the late 1990s, making shows for the corporation as well as other channels....
...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....
...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
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