Hints and tips:
...Folwell, the North Carolina treasurer, has said his office has taken over proxy voting from BlackRock for its funds with the firm, and New York City already voted its own shares....
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
...After 87 per cent voted in favour, Musk said he “will move immediately to hold a shareholder vote to transfer state of incorporation to Texas”....
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
...“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....
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
...In North Carolina, state Republican treasurer Dale Folwell has publicly criticised BlackRock while leaving $18.4bn with the money manager....
...Tesla has already moved its corporate headquarters from California to Texas....
...The pair, who have traded supportive messages over the past year on Musk’s X platform, met at Tesla’s factory in Austin, Texas, and discussed “the need to liberate markets” and “the importance of eliminating...
...But as chief executive he has promised a shareholder vote on moving Tesla’s incorporation to Texas, which has formed a business court....
...Texas is throwing down a legal challenge to Delaware Delaware versus Elon Musk On X, follow Sujeet Indap (@sindap) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the...
...The move comes after CRH, which makes three-quarters of its profits in North America, shifted its primary listing from London to New York on September 25 after shareholders backed its plan to become “a truly...
...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....
...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...
...The Texas plant has a production goal of 250,000 Cybertrucks a year, although the company does not expect to meet that objective until at least 2025....
...The new paper, by Jeremiah Green of Texas A&M and John Hand of University of North Carolina, argues that at least on the ethnic diversity side, the studies just don’t hold up....
...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....
...West Texas Intermediate, the US marker, rose 2.6 per cent....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...Wednesday was also the first time that Musk put a figure on expected Cybertruck production at the company’s Texas plant....
...The motion to the bankruptcy court in the Western Division of North Carolina alleges the Chapter 11 filing by Bestwall — a unit of Koch’s building materials subsidiary Georgia Pacific — was made in “bad...
...Tesla has been working to increase the efficiency of its car production and lift volumes from its newer plants in Texas and Germany....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...The lawsuit sets up a potential court battle over free speech, even after TikTok attempted to distance itself from its parent company by spending more than $1.5bn on “Project Texas”, a corporate restructuring...
...The US telecommunications company’s total borrowings stretch well north of $130bn, a bigger debt pile than many countries. AT&T also has a lot of what could be termed “hidden debt”....
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