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...In recent months, provincial and city-level finance ministries have pushed out dozens of notices on the new guidance, trying to ensure compliance among thousands of purchasers....
...“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”....
...In particular, Wall Street banks and investment firms have migrated to Texas, making it a surprising finance hub....
...“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...
...Visa and Mastercard set interchange rates, which can average between 2-4 per cent of the transaction amount. But they only get a small slice of this....
...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....
...owners, including flexibility in how they manage acceptance of card programmes.”...
...“The law provides the impacted entities with a range of options to ensure they are able to meet their fiduciary duties to their clients and the people of Texas,” the spokesman said....
...Currently, Japanese companies have more than 350 offices or branches in Texas, says Masahiro Sakurauchi, head of the Japan External Trade Organization (Jetro) in Houston....
...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 really big question in global macro this year is around who will buy the huge wave of extra issuance from governments trying to make ends meet and finance the green energy transition....
...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...
...“We focus a tremendous amount of energy on helping people live longer lives. But not even a fraction of that effort is spent helping people afford those extra years,” he wrote....
...Shares of Renesas are up 44 per cent in the past year riding high on the wave of interest in everything chip related....
...BYD has for much of the past year cornered a market share of about one-third of sales of plug-in hybrid and battery-powered electric vehicles in China....
...West Texas Intermediate, the US marker, rose 2.6 per cent....
...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....
...Tesla could move to Texas in search of greater indulgence, but is it really a good idea? john.gapper@ft.com...
...Read a transcript of this episode on FT.com...
...Texas at Austin....
...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....
...Jefferies said it sees “further upside from synergies” from the company’s $2.1bn purchase of cement and ready-mixed concrete assets in the Texas market from Martin Marietta Materials....
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