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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
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...At the same time it wrote: “Delaware law can be indeterminate because of its use of broad, flexible standards that are applied to individual cases in a highly fact-specific way.”...
April 17, 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
United Talent Agency Inc
Hollywood power broker splits with UTA over $950,000 ‘special expenses’ fund
...A claim filed in a court in Los Angeles on Tuesday said the use of a “special expenses” fund of $950,000 after tax was an agreed part of his contract....
March 13, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...You use and like a product. Does that make it a good candidate for investment? Legendary investor Peter Lynch thought so....
April 19, 2024
Sovereign bonds
The looming New York sovereign debt bills debacle
...The proposed law, however, would have the governor of New York appoint a “monitor” for the restructuring of sovereign debt, allow the debtor country to “petition the state for relief,” and would allow the...
April 22, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...“Based on today’s policy settings alone, almost one in three cars on the roads in China by 2030 is set to be electric, and almost one in five in both the United States and EU....
April 23, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
The FT ViewThe editorial board
The contrasting tales of TikTok and Nippon Steel
...US Steel is headquartered in Pennsylvania, a vital swing state in November’s presidential election. Donald Trump has said he would block the Nippon deal — posing a dilemma for Biden....
March 19, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...In its London lawsuit filed with the High Court, Moderna said BioNTech and Pfizer had obtained “significant benefits” from the sale of “infringing products”....
April 22, 2024
Donald Trump
Trump finds a sympathetic crowd in New York’s Harlem neighbourhood
...But Trump is also the man who, to this day, refuses to apologise for buying a full-page advertisement in The New York Times in 1989, calling for the state to reinstitute the death penalty for the Central...
April 20, 2024
ReviewVisual Arts
Walton Ford, Morgan Library — review: roars and whispers from the finest living painter of animals
...Ford was reared on comic books, which impressed him with their narrative concision and dramatic use of detail....
April 24, 2024
Michael Strain
Protectionism is running amok in the US
..., and support for America’s allies, the rule of law and economic freedom....
March 18, 2024
Airlines
US airlines under fire for raising baggage fees again
...It took between two and four clicks to find bag fee information on the websites of American, Delta and United, but more than 10 for Spirit and Frontier....
March 10, 2024
United Steelworkers
Biden and a powerful union say ‘yes’
...Nippon said in a statement: “From the outset, our goal has been clear — to protect and grow US Steel in the US market for the benefit of all of its stakeholders through increased financial investment and...
April 18, 2024
Tesla Inc
Winning lawyers in Musk pay dispute may make billions
...benefit for the shareholders in question....
January 31, 2024
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...It’s no wonder that, in the 2024 version of SVB’s annual scorecard, Rob McMillan’s State of the US Wine Industry Report, by far the most important sales channel for premium wineries was the tasting room,...
April 20, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...It plans to expand flying capacity by 6 to 7 per cent this quarter as it reaps the benefit of a focus on international travel and the push to sell more premium-cabin seats....
April 10, 2024
Federal Trade Commission US
Employee non-compete ban challenged in court by US business groups
...“Non-compete agreements are either upheld or dismissed under well-established state laws governing their use.”...
April 24, 2024
The FT ViewThe editorial board
Delaware versus Elon Musk
...Companies decide in which state to incorporate legally, often separately from their head office locations; many pick Delaware because of the small court’s dominance and its reputation for pragmatism and...
February 6, 2024
News in-depthArtificial intelligence
US seeks alliance with Abu Dhabi on artificial intelligence
...While seeking stronger ties, US officials had previously expressed unease over the UAE’s use of Chinese technology, particularly Huawei’s 5G hardware, worried that China could use these networks to access...
April 20, 2024
Elon Musk
Can Elon Musk derail Delaware?
...Of the 470 public companies in the Fortune 500, 328 make their corporate home in the small, mid-Atlantic state best known for President Joe Biden and chemicals group DuPont, drawn in part to its stable and...
February 5, 2024
FT Magazine
Battle for the American West
...Eshelman claimed that, as a result of the airspace incursions, he had “suffered and will continue to suffer damage for the loss of use, custody, possession and control of the property”....
April 13, 2024
Apple Inc
Apple accused by Congo over conflict minerals in iPhones
...Apple’s most recent disclosures on the use of so-called conflict minerals say the company has “no reasonable basis for concluding” that any of its tin, tungsten and tantalum smelters or refiners “directly...
April 25, 2024
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Elon Musk’s pay
...The vote is a chance for shareholders to re-endorse Musk’s leadership of the company, at a time when Tesla’s sales have fallen in the face of slowing demand and rising competition....
April 17, 2024
News in-depthMiddle East conflict
The Arab balancing act as Iran and Israel raise the stakes
...“It’s one thing to let coalition planes use your air space, it’s quite another to actively shoot down those drones and risk the safety of your people for the sake of a country that’s committing genocide...
April 15, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
...and surveil it for leaks....
February 14, 2024

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