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...One analyst who covers BP said there had been a very different tone from the company during a capital markets day last October, when the oil group took investors on a field trip to the Permian basin in Texas...
...Nick Hardwick, a former HM Chief Inspector of Prisons and ex-parole board chief, was the preferred candidate of the House of Commons to become the head of the Parliamentary and Health Service Ombudsman,...
...Robyn Denholm, chair of Tesla’s board, wrote to shareholders on Wednesday asking them to approve the move to Texas and to ratify Musk’s pay package, which they previously approved at a meeting in 2018....
...The Federal Trade Commission is poised to approve ExxonMobil’s $60bn acquisition of Pioneer Natural Resources on condition that Pioneer’s chief executive Scott Sheffield does not join its board....
...Najib, who is serving a 12-year jail term, has had his sentence cut to six years and his new release date would be August 2028, the country’s pardons board said on Friday....
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
...The Texas governor last year signed legislation to create the Texas Business Court to hear commercial cases worth more than $5mn or $10mn, depending on the type of dispute....
...Supporters of non-compete clauses, including plaintiffs in a lawsuit filed in a federal court in Texas, argue they are essential to protect intellectual property, workforce investments and client relationships...
...But she also said it was an exceptional case, involving a relatively rare prison sentence for contempt of court and wrongful medical parole....
...Within days of Musk polling X users on a decision to move to Texas, the board convened a meeting — Musk and his brother Kimbal Musk were excluded — where it decided to form a special committee to study the...
...One Musk Headache to Start: Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented remuneration was improperly approved by the electric-car maker’s board...
...There is also a longer path to working papers, but only if Venezuelans apply for humanitarian parole before entering the US, says Eréndira Rendón, vice-president of immigrant justice at The Resurrection...
...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....
...Sheffield was a vocal advocate of throttling back US production during the 2020 crash, calling on the Railroad Commission of Texas, which regulates the industry in the state, to mandate curbs....
...Quarterly transitions into debt delinquency are also trending well above the national average in Texas and Florida, where Trump continues to have strong support....
...The Republican governor of Texas, Greg Abbott, says Biden’s “deliberate inaction has left Texas to fend for itself” and has led the charge to put migration on to the national political agenda....
...Yoon issued Lee with a pardon last year, with his government arguing the tycoon needed to be reinstated as head of the country’s largest company to help “revitalise the economy”....
...His law firm, Wachtell Lipton Rosen & Katz, later dominated the practice of representing corporate boards in Delaware disputes, even hiring multiple Delaware judges after they retired from the bench....
...McCormick ruled that Musk had exerted undue control over the company’s board despite owning a minority of Tesla. He was the “paradigmatic ‘Superstar CEO’”, she wrote in the ruling....
...He also initiated a procedure to pardon the arrested politicians. Somewhat counter-intuitively, this move is a victory for the rule of law....
...Tesla could move to Texas in search of greater indulgence, but is it really a good idea? john.gapper@ft.com...
...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....
...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....
...A pardon for nine top officials jailed for their role in the referendum and independence declaration was also decried by the opposition as an act of betrayal....
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