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Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...be in sharp focus....
April 3, 2024
News in-depthGlobal inflation
Central bankers see ‘immaculate disinflation’ within reach
...She said such wage growth was starting to come back down, even without a sharp rise in unemployment, because price growth and inflation expectations had normalised while Covid-19 distortions had evened out...
March 19, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...The share award is now valued at $45bn rather than $56bn due to a sharp drop in Tesla’s share price....
April 17, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...revenue amid a sharp fall in sales....
April 24, 2024
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Elon Musk’s pay
...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”....
April 17, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...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....
April 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Tesla Inc
Tesla is five times bigger than all the public companies in Texas
...“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....
February 1, 2024
US immigration
Joe Biden and Donald Trump berate each other over border in rival Texas visits
...Greg Abbott, the Republican governor of Texas, has propelled the issue on to the national stage through a campaign of busing migrants to Democratic cities in the north-east and west coast....
March 1, 2024
LexNatural gas
The worst of the gas glut is over for US drillers Premium content
...Sharp increases in US gas supply were followed by rebounds in prices in 2012, 2016 and 2020. This could be another one of those times....
April 8, 2024
Tesla Inc
Tesla shareholders will vote on moving incorporation to Texas, says Elon Musk
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
February 1, 2024
ESG investing
Green investment in Texas shows how funds are navigating anti-ESG laws
...A spokeswoman for the PSF confirmed that some of its holdings were in MGETS, which she noted was not on Hegar’s blacklist. “Texas PSF Corporation is in full compliance with all state laws,” she said....
January 7, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...If found guilty of non-compliance, companies face hefty fines that could amount to up to 10 per cent of their global turnover....
March 25, 2024
Disrupted Times
Electric cars switch out of fast lane
...Industry uncertainty is not confined to Tesla: its rival as the world’s top EV maker, China’s BYD has also reported sharp falls in sales....
April 22, 2024
Elon Musk
Can Elon Musk derail Delaware?
...“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...
February 5, 2024
ESG investing
US investment funds pull $13.3bn from BlackRock in anti-ESG campaign
...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....
March 24, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...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....
April 24, 2024
Exchange traded funds
Regulator fines broker-dealer for recommending leveraged ETPs
...In August 2016, Stifel brokers’ compliance departments discovered that the products were being recommended beyond their intended holding period, the order stated....
April 4, 2024
International Energy Agency
Growth in oil use slows, IEA says, as prices hit $90 a barrel
...Brent crude, the international benchmark, rose 1.3 per cent to $90.96 a barrel while West Texas Intermediate, its US counterpart, added 1.6 per cent to $86.36 a barrel....
April 12, 2024
Apple Inc
Apple accused by Congo over conflict minerals in iPhones
...“In 2023, 100 per cent of the identified tin, tantalum, tungsten, gold (3TG), cobalt, and lithium smelters and refiners in Apple’s supply chain completed assessments to verify compliance with our standards...
April 25, 2024
Javier Milei
Elon Musk and Javier Milei share their love of free markets in first meeting
...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...
April 12, 2024
Elon Musk
Lawyers in Musk pay case seek $6bn in Tesla shares
...Since then, he has shifted incorporation of two of his companies away from Delaware — SpaceX to Texas, and Neuralink to Nevada....
March 2, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...Nonetheless, James Shin, a biopharma analyst at Deutsche Bank, said the sharp increase in biosimilar prescriptions in recent weeks would be “alarming” to AbbVie....
April 25, 2024
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...Investors, who are already digesting a steadily falling share price, disappointing sales figures, and a contentious plan to move company headquarters from Delaware to Texas, face another conundrum: whether...
April 22, 2024
Apple Inc
Apple bows to Brussels over App Store in latest EU concession
...EU officials are studying the first compliance reports of these companies to determine which will be the first to be subjected to infringement proceedings to force full compliance, people with knowledge...
March 12, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...BioNTech [also] doesn’t have any other products so it’s a lot of cash to have to pay,” said Christopher Sharp, an IP lawyer at Pinsent Masons....
April 22, 2024

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