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Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
But the boost to liquidity can prove shortlived
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
Delaware court previously voided chief executive’s $56bn remuneration
...That leaves a long list of popular models ineligible, including the Tesla Model 3 Rear-Wheel Drive, BMW X5 xDrive50e, Audi Q5 PHEV 55, Volkswagen ID. and the Nissan Leaf....
...Nissan chief executive Makoto Uchida, whose carmaker has two plants in the US and who previously said “the world needs to move on” from internal combustion engines, said that the measures helped drive EV...
...Europe and North America are the largest markets for sports bikes, but Shimano is betting on growth in south-east Asia, where most people once viewed sports bikes as luxuries....
Tesla boss shows Argentine president Texas factory where they talked about lithium, Brazil and a disdain for bureaucracy
And more on bad buybacks
...America....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
Americans account for 14% of users but their revenue contribution will be higher
...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....
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
Legal battle between talent agency and Michael Kassan centres on jet flights and other spending
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
...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...
Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
And yet, we’re struggling to care
...Need to know: business Japanese auto rivals Honda and Nissan are joining forces to work on electric vehicle technology as they try to survive the influx of low-cost, high-tech cars from China....
US state’s chancery court plays a key role in balancing interests of boards and investors
Shares of start-up slide after reporting a $5.4bn annual loss and 10% cut to salaried payroll
AI could be a game-changer for many of the tech giants
...But Bryan Armour, director of passive strategies research for North America at Morningstar, said that on closer inspection a slightly different picture emerged....
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