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...Nasa asked Raymond Loewy to help turn the hull of the third stage of a Saturn V rocket into a home in which a three-man crew could live for three months at a time....
...Tobey is adviser to many Fortune 500 companies including CVS, 3M and Eli Lilly, and regularly speaks to a range of organisations on the risks and benefits of AI....
...We also talked about 3M now emboldened by the apparent success of J&J’s LTL unit last year. A 3M subsidiary applied for bankruptcy. But essentially this didn’t work out the way 3M wanted....
...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....
...What’s in it for companies Companies have used the bankruptcy process to manage large tort liabilities in the US since the early 1980s, when insulation manufacturer Johns Manville Corporation filed for...
...“Bankruptcy courts are for honest companies in financial distress, not billionaire mega-corporations like J&J, 3M and Koch Industries, that seek to close courthouse doors to their victims.”...
...Executives at other US companies are anxiously studying the ruling by the Third US Circuit Court of Appeal, which experts say could prevent solvent corporations such as 3M and Koch Industries from using...
...BEN will issue 33.3M shares of stock to fund the deal (based upon 5/30 share price)....
...In Cyberpunk 2077 you’re a rebel hacker roving around a megacity controlled by corporations and in Grand Theft Auto V you’re pitted against the villainous billionaire Devin Weston....
...Surrounded by a 3m-high wall lined with barbed wire and security cameras, a three-storey complex housed scores of migrant workers in dingily lit rooms....
...Lawyers acting on behalf of the military veterans who claim they suffered hearing loss because of 3M’s earplugs described the ruling as a “tremendous victory”. 3M is one of a growing number of large corporations...
...She is the company’s first outsider and first female CEO, one of only 52 women leading Fortune 500 companies....
...That’s the target of Valuable 500’s “Gen V” mentoring scheme, which pairs a senior executive with a young disabled employee....
...It means we have not just the lowest headline corporation tax rate in the G7 but its most generous capital allowances....
...Next day at an auditorium on Times Square he talked about the need to take risk, much more risk ‘we need you all to take $100m of daily V@R’ just like Goldman does....
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...Claimants are challenging 3M’s bankruptcy in a case that began on Monday....
...What else we’re reading The US legal move letting corporations off the hook 3M, the conglomerate, is part of a recent trend whereby US corporations make use of the bankruptcy court not because they are...
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...“Here, the focus has mainly been on FMCG [fast moving consumer goods] products,” says Victoria Waugh, co-founder of V&V Sustainability Consultancy....
...“This may not be the right time for the government to go to the market to raise money, as there is so much vulnerability in stock markets,” said V Upadhyay, adjunct professor of economics at the Indian Institute...
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