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...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...At lunch as in business, Nelson Peltz makes his preferences known....
...“It will probably be Trump and I’m not happy about that,” he told the Financial Times in an interview in Palm Beach, Florida....
...He worked closely with Adam Neumann when WeWork was struggling to win over investors, and has worked closely with buyers and sellers in tense M&A situations....
...“It will probably be Trump and I’m not happy about that,” Peltz said....
...I’m Benjamin Zephaniah. You are wonderful. Bye.”...
...And here’s what I’m keeping tabs on today: Federal Reserve: The US central bank begins a two-day meeting to decide interest rates. It is expected to keep borrowing costs at their current 23-year high....
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...“I’m interested in people that are trapped, black, white, whatever race: that is what attracts me . . . the trap that we are all in and how we try to get out of it, how we survive and the effects of that...
...Nelson: I’m just going to interject one little thing, and that is that it’s a tool, like Liz said. We have to use every possible leverage point that we have in order to move worker power....
...“If we’re stuck with ‘Well, I’m white and I don’t want to be made to feel bad’, that is really a non-starter,” he says....
...Here’s what else I’m keeping tabs on today: Gold price: The price of the precious metal hit another record high this morning after the Federal Reserve signals it intends to cut interest rates even as inflation...
...Sometimes I leave it for a few weeks, but if I’m going to be performing I am very stern.”...
...Meanwhile, I’m still unsure even why Israel is razing Gaza....
...I’m baffled by why we fail to learn anything from history.”...
...Nelson Peltz vs Bob Iger: the sequel The approach of the festive season is usually a time for coming together and burying the hatchet. That is, unless you’re Nelson Peltz....
...The Big Read To most of the world, Nelson Mandela remains a moral giant....
...In today’s newsletter: AHO turns to telco PE’s big windfall Japan steels itself for more M&A ‘As Nelson Mandela said . . . ’ Yesterday, DD formally bid farewell to Credit Suisse....
...you can’t miss Lunch with Nelson Peltz, who in keeping with his tribe would rather be rich than right....
...In the multimillion-dollar proxy clash between Disney and activists led by Nelson Peltz, the biggest battle was over the process to find a successor to Bob Iger, the chief executive who has run the entertainment...
...Our favourite pieces First some personal news: next week I’m moving to a new job at the FT and Hannah Rock will be in charge of FT Edit....
...According to a big scoop by the FT’s Demetri Sevastopulo and Kana Inagaki, US President Joe Biden is expected to issue a stern message to the Japanese company: the deal deserves “serious scrutiny”....
...I’m Bethan, the FT’s deputy work and careers editor, standing in for Isabel this week. I spent much of the last month away from the office, on a brief sabbatical....
...Here’s what else I’m keeping tabs on today: US-China relations: The US Treasury secretary Janet Yellen will depart for China later today....
...My lack of patience and slight hamfistedness led to occasional frustration when building some of the circuits, but I guess that’s one of the reasons I’m not an electronics engineer....
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