Hints and tips:
...The FT on Monday revealed how Signa Holding itself now has liabilities of €5bn, up from just over €600mn 18 months ago....
...said Kathryn Brownell, a professor at Purdue University. “That remains to be seen. It’s a deep connection. Things don’t change overnight.”...
...Big companies including Purdue Pharma, Johnson & Johnson and 3M have used the US bankruptcy system as a way to limit their exposure to compensation claims....
...Tapestry, owner of fashion brands Coach, Kate Spade and Stuart Weitzman, agreed to buy Capri Holdings, home to luxury labels Versace, Jimmy Choo and Michael Kors, for $8.5bn....
...He noted Trump was holding on to much of the money he had raised this cycle with the upcoming 2024 presidential race in mind....
...She points to the case of Purdue Pharma, the pharmaceutical company controlled by certain members of the philanthropic Sackler family criticised for its part in the US opioid painkiller crisis....
...On her Demon Copperhead tour, the topic is how Appalachia (pronounced Apple-Latch-Uh) became the centre of Purdue Pharma’s opioid assault on America....
...From guns to tobacco, investors, campaigners and academics have long been divided on whether investors can exert more leverage by dumping a company’s stock or by holding on and pushing its board and management...
...Among those holding aloft large cardboard cut-out peacocks, a nod to the team’s name, belief is sky high....
...But Palihapitiya’s definition of “investment” charitably includes his use of $200mn in personal loans taken out from Credit Suisse to leverage his holdings and lower his actual investment costs closer to...
...Food inflation in the US is running at about 5-6 per cent year on year, compared with about 1.3 per cent annually in the past decade, said Jayson Lusk, professor of agricultural economics at Purdue University...
...He launches a strong polemic against “inactivists” holding back the essential work to slow and reverse climate change, while also making the case for systemic measures to combat the global problem....
...Working with Purdue Pharma left a sizeable dent, for one. Will Sternfels try to get it back, or write his own script?...
...This includes transfers to PLP Associates Holdings, to which it said the Sacklers voted to distribute nearly $2bn to since 2008, as well as Rosebay Medical Company and Beacon....
...To the rest of us, it seems obvious that holding CEOs personally accountable sets an example that might make other executives think twice about presiding over widespread misbehaviour....
...Many of the defendants have teamed up to offer $48bn to settle these suits — but so far, many states are holding out for more....
...A Nikkei article warned that the reserves held by Japan’s three leading property and casualty insurers — Tokio Marine Holdings, MS & AD Insurance Group Holdings, and Sompo Holdings — have likely shrunk by...
...Flutter shareholders will own 55 per cent of the new company, with Stars shareholders holding the remainder....
...At one level, the argument is just a portfolio one: there are positives and negatives for holding each stock....
...For those seeking wealth preservation, a founder-led company that has “bet the ranch” on a product, deal or market — in US entrepreneurial fashion — is not a good holding....
...Searching for Purdue Pharma, for example, won’t (yet) reveal a link to Rhodes Pharma....
...Holding the city together during 9/11 and through its aftermath. His own comeback has — so far — proved less heartening. The same could be said of America’s latest reincarnation....
...The prosperous Scandinavian country’s most significant election in generations left the ruling centre-left bloc holding the slenderest of leads over the opposition centre-right....
...News round up Poor quality health services are holding back progress on improving health in countries at all income levels....
...After months of considering a US stock market listing of Pret, its private equity owners Bridgepoint were approached five weeks ago by JAB Holdings....
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