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...At lunch as in business, Nelson Peltz makes his preferences known....
...“It will probably be Trump and I’m not happy about that,” he told the Financial Times in an interview in Palm Beach, Florida....
...He worked closely with Adam Neumann when WeWork was struggling to win over investors, and has worked closely with buyers and sellers in tense M&A situations....
...“It will probably be Trump and I’m not happy about that,” Peltz said....
...I’m Benjamin Zephaniah. You are wonderful. Bye.”...
...And here’s what I’m keeping tabs on today: Federal Reserve: The US central bank begins a two-day meeting to decide interest rates. It is expected to keep borrowing costs at their current 23-year high....
...Nelson: I’m just going to interject one little thing, and that is that it’s a tool, like Liz said. We have to use every possible leverage point that we have in order to move worker power....
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...“This is something that I’m going to let the workers decide,” Fleischmann said while boarding a flight to Chattanooga last week, according to the Huffington Post....
...Josh Gabert-DoyonI’m doing well. So Claire by the looks of it, Shawn Fain has been on the stump in recent weeks talking to UAW members. Where did you see him?...
...“I’m interested in people that are trapped, black, white, whatever race: that is what attracts me . . . the trap that we are all in and how we try to get out of it, how we survive and the effects of that...
...“If we’re stuck with ‘Well, I’m white and I don’t want to be made to feel bad’, that is really a non-starter,” he says....
...The other was Shawn Fain, head of the United Auto Workers. It was the union chief who appeared to receive the warmer welcome.On this November afternoon, they were celebrating a victory....
...Meanwhile, I’m still unsure even why Israel is razing Gaza....
...“I’m pretty tired of constantly worrying that somebody in Washington DC makes a decision that’s going to impact my family in Fayette county,” said Nick Staffieri, a waste management team leader at EQT Corporation...
...I’m baffled by why we fail to learn anything from history.”...
...Nelson Peltz vs Bob Iger: the sequel The approach of the festive season is usually a time for coming together and burying the hatchet. That is, unless you’re Nelson Peltz....
...The Big Read To most of the world, Nelson Mandela remains a moral giant....
...In today’s newsletter: AHO turns to telco PE’s big windfall Japan steels itself for more M&A ‘As Nelson Mandela said . . . ’ Yesterday, DD formally bid farewell to Credit Suisse....
...you can’t miss Lunch with Nelson Peltz, who in keeping with his tribe would rather be rich than right....
...I think in Michigan, the fact that Shawn Fain of the UAW has come out and said Trump’s a scab, you had Biden walking in his picket line. I think that’s gonna be great for Democrats....
...Our favourite pieces First some personal news: next week I’m moving to a new job at the FT and Hannah Rock will be in charge of FT Edit....
...I’m Sonja Hutson, for Marc Filippino, and here’s the news you need to start your day....
...Here’s what else I’m keeping tabs on today: US-China relations: The US Treasury secretary Janet Yellen will depart for China later today....
...“I’m extremely frustrated and disappointed,” GM’s Mary Barra told CNBC. “We don’t need to be on strike right now. We put a historic offer on the table.”...
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