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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
..., as well as share their experiences of health conditions....
April 23, 2024
News in-depthBayer AG
Bill Anderson: the Texan wrestling with Bayer’s mountain of pain
...Growing up in Lake Jackson, Texas, near a massive Dow Chemical factory where his father worked as a chemist, Anderson studied chemical engineering at the University of Texas at Austin and Massachusetts Institute...
March 8, 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
Sovereign bonds
The looming New York sovereign debt bills debacle
...They contend that the draft law would raise the cost of finance for poor countries, and they’ve threatened to move the sovereign debt market to Texas, Delaware, or some other jurisdiction that won’t try...
April 22, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
Person in Texas infected with bird flu after exposure to dairy cattle
...State and federal health officials have been investigating suspected cases of H5N1 bird flu in cattle across Texas, New Mexico and Kansas in recent weeks....
April 1, 2024
News updates from April 1: Israel accused of air strike on Iranian embassy; US manufacturing sector expands for first time since 2022
Person in Texas infected with bird flu after exposure to dairy cattle
...State and federal health officials have been investigating suspected cases of H5N1 bird flu in cattle across Texas, New Mexico and Kansas in recent weeks....
April 1, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
April 17, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
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
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...Cuban is targeting the 38 per cent of private sector employers who self-insure at least one of their health plans....
April 25, 2024
Futures contracts
Goldman and Citadel Securities back Lutnick’s renewed tilt on futures market
...FMX is part of brokerage BGC Group, of which Lutnick is chair and chief executive....
April 25, 2024
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
Gillian Tett
A rotten system for sovereign debt restructuring needs fixing
...There is also a possibility that bond issuance flees to places such as London or Texas....
March 7, 2024
Sovereign bonds
New York moves to rewrite law on sovereign debt default recovery
...Letter in response to this article: IMF can help fix the system of sovereign debt restructuring / From Reza Baqir, Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign...
March 6, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...radiologists in state-run health systems....
April 22, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant puts cash to work from the spin-off of its consumer health arm to pursue acquisitions...
April 5, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
LexMedical science
Neurotech start-ups will not give rise to superhumans Premium content
...Texas-based Paradromics, founded by one of Neuralink’s founders and funded by the US Defense Advanced Research Projects Agency is making devices that pick up neural signals from the brain via a receiver...
April 6, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Pfizer and BioNTech will dispute Moderna’s ability to withdraw the pledge when it did, given the World Health Organization did not declare the end of the “global health emergency” until March 2023....
April 22, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...of its incorporation to Texas from Delaware and revealing plans to cut more than 10 per cent of its workforce — at least 14,000 jobs....
April 24, 2024
Moral Money
The climate credit trap Premium content
...“ESG efforts have targeted Texas’ oil and gas economy,” said Aaron Kinsey, chair of the state board of education....
April 17, 2024
Biotech
Investors pile into psychedelic drug start-ups tackling mental health
...Singapore’s $300bn investment fund Temasek and the venture capital arm of one of Abu Dhabi’s largest sovereign investors, Mubadala, have held talks with biotechs to fund development of psychedelic mental...
February 10, 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
US Treasury bonds
Hedge fund groups sue SEC to challenge Treasury dealer rule
...The complaint was filed in the US District Court for the Northern District of Texas....
March 18, 2024
Middle East conflict
US stocks drop as traders weigh risks of wider war in Middle East
...West Texas Intermediate, the US marker, rallied from similar weakness to end flat at $85.64 per barrel....
April 15, 2024
Simon Edelsten
Investments that get my vote in this election year
...Assuming it is Donald Trump vs Joe Biden, a Biden victory would doubtless be seen as “more of the same” and therefore supportive of health insurers such as Humana — which administers a large amount of Obamacare...
February 28, 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

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