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...Her new song “Texas Hold ‘Em” has soared to the top of the Billboard charts, helped by its prominence on TikTok, where users are posting hundreds of thousands of videos using the track....
...Two of the world’s biggest asset managers are quitting an investor group set up to prod companies over global warming and a third is scaling back its participation, in a major setback to the ambitions of...
...Last month, when BlackRock put $550mn into one of the world’s largest carbon capture projects in Texas, Fink focused on moneymaking potential rather than its contribution to the planet’s welfare....
...“Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas,” Musk wrote on his social media platform X. Good, fine, whatever....
...Aaron Kinsey, chair of the Texas State Board of Education, in a letter asking for the decision to be reconsidered.* BlackRock declined to comment on the size of red state ESG-related divestments....
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
...“Delaware thinks: ‘We’re smarter than you are, and we’re going to have judges up here in Wilmington look at the economics of your transaction,” said Byron Egan, an elder statesman of the Texas corporate...
...Since then, he has shifted incorporation of two of his companies away from Delaware — SpaceX to Texas, and Neuralink to Nevada....
...Under the deal announced on Tuesday, CRH will acquire a 2.1mn tonne capacity cement plant between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas and a portfolio of 20...
...Read a transcript of this episode on FT.com...
...Tesla could move to Texas in search of greater indulgence, but is it really a good idea? john.gapper@ft.com...
...Texas has a long way to go to match it, and the southwestern state’s judges would not gain credibility if they merely did the bidding of wilful entrepreneurs....
...If it happens, Tesla will be five times bigger than all the Texas-incorporated Russell 3000 stocks put together, FTAlphaville’s Bryce Elder adds.)...
...In late 2022, after it was placed on a list of financial firms boycotting fossil fuel companies in Texas, BlackRock said it had invested more than $100bn in Texas energy companies, notably ExxonMobil....
...Chew has proposed multiple alternative measures to a sale for allaying US national security concerns, including the “Project Texas” plan, and a potential American stock market listing of TikTok....
...TikTok has spent more than $1.5bn on so-called Project Texas, a corporate restructuring plan to safeguard US user data and content from Chinese influence....
...TikTok has responded to critics by pointing to its $1.5bn investment in “Project Texas”, a corporate restructuring designed to wall off US user data from China....
...Texas....
...West Texas Intermediate, the US marker, rose 2.6 per cent....
...Following Tuesday’s ruling, Musk held a poll on social media site X, which he owns, asking whether Tesla should move its incorporation from Delaware to Texas, where it is already headquartered....
...Many of these were growth stocks, including the hot technology businesses of the day — Xerox, IBM and Texas Instruments — while others belonged to consumer companies such as Coca-Cola and Procter & Gamble...
...Texas at Austin....
...TikTok has tried to distance itself from ByteDance by investing more than $1.5bn on “Project Texas”, a restructuring plan it insists protects user data and content from China’s influence....
...Also joining the board are Kevin Howell, former head of NRG’s Texas business, Alex Pourbaix, former chief executive of Canadian oil group Cenovus Energy, and Marcie Zlotnik, co-founder of Texas retail electricity...
...the Texas battleground....
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