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...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...Some exceptions apply: Trump, for example, would be permitted to keep “one motor vehicle not exceeding four thousand dollars in value”, and any bibles he may own....
...The payment comes as Trump is scrambling to post a much larger bond to delay the enforcement of a $450mn judgment against him in the sprawling fraud case won by the New York attorney-general....
...That bond was underwritten by a subsidiary of the Chubb corporation....
...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....
...Additional reporting by Joe Miller and Joshua Chaffin in New York...
...That report, which came just two days after General Motors announced a $2bn deal with the start-up in 2020, also claimed that it faked a product video in 2018 by rolling its Nikola One truck along a downhill...
...“We plan to . . . continue to target malign actors, money launderers, fraudsters, executives and corporations who use cryptocurrency to commit their crimes,” Nicole Argentieri, acting assistant attorney-general...
...The attorney-general is seeking to recover $250mn in damages and attempting to bar the defendants from ever acting as an officer or director of a corporation in the state again....
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
...Earlier this month she added corporation tax to the list too, ruling out raising the levy from its current rate of 25 per cent....
...Last week five Republican attorneys-general warned leading US firms to “immediately terminate any unlawful race-based quotas or preferences” or risk being “held accountable — sooner rather than later”....
...While other activists, including Stephen Miller, a former adviser to Donald Trump, have led efforts to sue over diversity practices at larger companies such as Kellogg’s, Starbucks and Target, the 72-year-old...
...That was down from 49 12 months earlier, as it exited stakes in companies including General Motors, UPS and Procter & Gamble earlier in the year....
...General Motors, the world’s largest automobile maker, was losing billions....
...As well as seeking $250mn in damages, the New York attorney-general’s lawsuit is attempting to bar the remaining Trump defendants from ever acting as an officer or director of a corporation in the state...
...Republican attorneys-general from 13 states warned Fortune 100 chief executives of “serious legal consequences” for companies “treating people differently because of the colour of their skin, even for benign...
...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....
...And General Motors plans to make electric pick-ups at a Michigan plant after retooling. It also picked the Midwest for three of its four planned battery plants....
...Scherr, who was previously chief financial officer of Goldman, will be replaced by Gil West, a veteran of Delta Air Lines and General Motors....
...The activist leader is contrasted with the “corporate mindset”, which constrains innovative risk-taking in general....
...Shawn FainAnd yes, these corporations are mountains. Claire BusheyThe mountains were General Motors and Stellantis and Ford. Shawn FainBut together we can make these mountains move....
...Matthew Platkin, New Jersey’s attorney-general, predicts that his state will ratchet up regulation whether the companies are onboard or not. “This is not the end of history,” says Platkin....
...the prosecution of individuals over corporations....
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