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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 already in the Corinthia Hotel when I’m told my time with Todd Haynes will be cut short by 10 minutes. While I wait, a PR announces she wants to tidy the room....
...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....
...I’m Benjamin Zephaniah. You are wonderful. Bye.”...
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...“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...
...I’m baffled by why we fail to learn anything from history.”...
...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....
...“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....
...Todd Noe, Microsoft’s director of nuclear and energy innovation....
...Meanwhile, I’m still unsure even why Israel is razing Gaza....
...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....
...“It’s not necessarily retail investors . . . saying ‘Active is terrible and I’m just going to go passive’,” Apkarian said....
...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 get an incredible amount of water repellency from that,” adds Todd. I’m not sure I’ll need it. After several days in my all-natural running kit, none of my garments needed washing....
...you can’t miss Lunch with Nelson Peltz, who in keeping with his tribe would rather be rich than right....
...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 working on transferring assets out of there, and then I will close my Vanguard account,” Neil Jacobs posted on X. “Terrible business decision by Vanguard.”...
...“I would venture that half the enterprise value of our single bond ETFs is in the tickers,” said Alexander Morris, president and chief investment officer of F/m Investments....
...I’m like a hybrid. I’m not just Chinese, but I’m also not British. I have a UK passport, but that doesn’t define me.” Chan has never conducted in China. Does she ever intend to?...
...Reporting on this great story of hope, which was the end of apartheid and the election of Nelson Mandela, and I must confess....
...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....
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