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Moral Money
Investors pressure Nike on wages allegedly owed to factory workers Premium content
...Elsewhere, it has been a good year for the Nike brand: film-goers flocked to see Air, an affectionate depiction of Nike employees in Oregon inventing the Air Jordan sneaker....
September 11, 2023
BP PLC
BP in spotlight after US fatal accident
...Corporation”.Five years later an explosion at the company’s Deepwater Horizon platform in the Gulf of Mexico killed 11 workers and injured 17, resulting in the worst oil spill in American history....
September 29, 2022
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Aerojet Rocketdyne Inc
US defence contractor L3Harris to buy Aerojet Rocketdyne for $4.7bn
...Florida-based L3Harris was formed in 2019 via the merger of L3 Technologies and Harris Corporation, and the group has been seeking further scale through acquisitions....
December 18, 2022
Rana Foroohar
Decoupling spells an end to corporate opacity
...One of the most interesting is WireScreen, part of The Wire Digital Inc, a US-based news and data platform focused on China and global supply chains....
December 12, 2022
UnhedgedRobert Armstrong
Divided government, diminished profits Premium content
...It has an internal ad-tech system called, no joke, the Borg. Resistance is futile....
November 2, 2022
FT Magazine
How Walmart convinced critics it can sell more stuff and save the world
...Someone supporting two kids needs $42.21 an hour....
October 13, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Cryptocurrencies
Circle to simplify reserves of USD Coin as stablecoin competition grows
...“It seems they saw which way the wind is blowing,” said Rohan Grey, a professor of law at Willamette University in Oregon....
August 23, 2021
Gig economy
Uber and Lyft in driving seat to remake US labour laws
...Other measures could come into play in New York, Oregon, Washington state, New Jersey and Illinois....
November 5, 2020
Gig economy
Uber and Lyft shares soar after California ballot victory
...“When corporations spend hundreds of millions of dollars to write their own labour laws . . . that is a loss for our system of government and working people.”...
November 4, 2020
Gig economy
Uber and DoorDash to add surcharges to cover worker benefits
...“Neither riders nor drivers should be shouldering the costs of these meagre benefits on behalf of billion-dollar corporations,” said Shona Clarkson, an organiser with Gig Workers Rising....
December 14, 2020
News in-depthNikkei Asia
As the Philippines’ first unicorn stumbles, can ‘camels’ rise?
...A version of this article was first published by Nikkei Asia on May 14 2021. ©2021 Nikkei Inc. All rights reserved....
May 26, 2021
FT Magazine
Can Nike keep its cool?
...Tariq, the former social-media marketer, says that while the level of diversity he observed was roughly comparable to other major corporations he’s worked with, “there’s really no excuse at Nike, because...
January 7, 2021
Amazon.com
Amazon says close to 20,000 of US workforce have had Covid-19
...An Amazon spokesperson said that the numbers refer to Amazon and Whole Foods warehouse and cashier staff, not delivery drivers, who are contractors....
October 2, 2020
Oil & Gas industry
Diamond Offshore Drilling files for bankruptcy
...Those stakeholders include NYSE-listed Loews Corporation, which owns 53 per cent of Diamond, 2,500 staff who work there, and bondholders who are owed more than $2bn....
April 26, 2020
FirstFT
FirstFT: Today’s top stories
...contractors....
July 21, 2020
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Izabella Kaminska
Uber is a test case for taxing digital platforms
...That pushes responsibility for paying VAT on to contractors or merchants, who have much lower revenues and often don’t hit the minimum threshold for paying VAT....
October 15, 2019
News in-depthThe Big Read
Dubai contemplates a downsized future after the pandemic
...This time the impact is broader and, in a worst-case scenario, could result in a slimmed down version of Dubai Inc....
May 10, 2020
UK tax
Uber’s UK VAT liability confirmed
...A loss would see the company’s drivers classified as workers not contractors, which would incur costly employer liabilities upon Uber, among them a VAT liability....
October 10, 2019
Due Diligence
DoJ: Dealmaking and Big Tech Premium content
...Investcorp has added professor Frederick Ma Si-Hang, the former chairman of MTR Corporation, to its advisory board....
July 25, 2019
Inside BusinessSujeet Indap
Unexpected victories for unorthodox shareholder activists
...In an era where there are growing calls to reconsider the purpose of the corporation, social priorities are finding a hearing in a place hitherto viewed as hostile territory: the boardroom....
December 17, 2018
FirstFT
FirstFT: Today’s top stories
...The sale is expected to reduce American Media Inc’s debt to $355m....
April 19, 2019
US & Canadian companies
Trump blocks Broadcom’s $142bn hostile bid for Qualcomm
...The hostile takeover bid by Singapore-registered Broadcom had already prompted opposition from the Committee on Foreign Investment in the United States, an inter-agency group in Washington that vets foreign...
March 13, 2018
News in-depthUS & Canadian companies
Trump’s Broadcom block sends ripples across corporate America
...Some experts believe that Mr Trump’s move highlights an expensive miscalculation by Broadcom and its advisers rather than an attempt by the US president to mask a protectionist action in the mantle of national...
March 13, 2018
News in-depthThe Big Read
Nike’s focus on robotics threatens Asia’s low-cost workforce
...Vaulting ambition 566 Nike contractor factories worldwide in 2017, down from 785 in 2013 $50bn Nike’s revenue target for 2020....
October 22, 2017
US equities
Retailers rattled by another Amazon incursion
...The experts are “Amazon employees, not contractors”, Amazon notes on its website....
July 10, 2017

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