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...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...Additional reporting by Dylan Loh A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...The years-long securities litigation, led by the UK’s Norfolk County Council, came after a rare and unexpected warning Apple issued on Chinese sales in January 2019....
...In January, it successfully freed the bulk carrier Lila Norfolk after pirates briefly took control of the ship....
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
...The company was “still convinced that the logistical optimisation of the factory would be a big win for the community”, adding it would “agree on further steps together with all those concerned, on the basis...
...Norfolk Southern has nominated two board candidates as it seeks to fend off a shareholder-activist group....
...The US Department of Justice has sued Norfolk Southern after one of its trains transporting hazardous material derailed in a rural community in Ohio....
...The two companies have reached multimillion- dollar settlements with the agency....
...City and regional officials in the southern city of Zaporizhzhia reported eight missile strikes on civilian objects....
...on Friday 5 April Chiltern, GWR, LNER, Northern, and TransPennine Trains on Saturday 6 April c2c, Greater Anglia, GTR Great Northern Thameslink, Southeastern, Southern/Gatwick Express, South Western Railway...
...Transnet, the state-owned company that runs rail and ports, has been in as woeful a state as Eskom. Railways, where theft of cables and track has been rampant, have been unable to deliver freight....
...Delaware-incorporated companies are valued at $34tn in aggregate, so Tesla is 1.7 per cent of that total....
...for both companies....
...The fact that companies choose between them, with shareholders’ approval, could be an incentive to locate in a jurisdiction that tolerates misbehaviour and executive entrenchment....
...Samii had moved to Pittsburgh to work for a self-driving car company, Argo.ai, a start-up funded by Ford and Volkswagen....
...Aslef said its strikes would mean that drivers would walk out over five days: Southeastern, Southern/Gatwick Express, GTR Thameslink, South Western Railway and SWR Island Line on Tuesday, January 30....
...If these services prove as popular as hoped, a range of second-tier companies could also grow rapidly....
...“We’ve spent a year with the largest fleet of drilling rigs in Southern Africa,” Josh Goldman, founder and president of KoBold Metals, told the Financial Times....
...Railways, Great Northern, Thameslink and West Midlands Trains on Sunday December 3 C2C and Greater Anglia on Tuesday December 5 Southeastern, Southern/Gatwick Express, South Western Railway mainline and...
...A third company, contract notebook manufacturer Wistron, said it has secured a plot of land in the southern Indian state of Karnataka to build a maintenance and aftersales service centre for its notebook...
...A 2001 study found that companies with a Delaware incorporation enjoyed a premium on their valuations....
..., Southern Peru and Minera Mining....
...Another recent example was a $3bn embezzlement case involving a tea import company....
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