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...Last week, Volvo Cars said it would sell its 48 per cent stake in Polestar to Geely, and would not inject any more funding into the brand. Polestar is seeking about $1.3bn of fresh funding....
...In overturning his pay package, the court said Musk, who owns more than a fifth of the company, was too cosy with Tesla’s board and the value of the package was unfair to other shareholders....
...The resilience of the Dollar Tree chain allowed the company to trade at a premium to Dollar General throughout much of 2023....
...Just three companies in the FTSE 350 have a share price in excess of £100, notes AJ Bell’s Russ Mould — not even 1 per cent of the universe....
...“No one’s campaign is over,” said Kevin Madden, senior partner at consultancy Penta and a former Mitt Romney 2012 campaign official. “Both DeSantis and Haley still have an argument for continuing on....
...to electric vehicle batteries, of which Argentina has some of the world’s largest reserves....
...The company is asking shareholders again to vote in favour of Elon Musk’s 2018 pay package — the same one nullified earlier this year by the Delaware Court of Chancery....
...Escobar Inc went to court in 2022 to appeal against that decision, but the General Court upheld it on Wednesday, saying the EUIPO move was based “on the perception of the Spanish public, as it is the most...
...Toyota said some exports might be affected, while Volvo and JLR also use the port....
...The group, led by Volvo’s former China sales chief Fu Qiang and a former executive of state-owned carmaker SAIC, Gu Feng, established a subsidiary in Germany only five months after its inception....
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...“Transparency in fees will help consumers have a better understanding of the true cost of flying,” the non-profit said....
...Considering the S&P 1500 (narrower than Sharma’s sample of all public companies, but big enough to capture 90 per cent of the market) Nvidia alone has contributed a tenth of the total increase in market...
...There are two areas of concern: possible collection of US user data by China and the potential for China to use the app to influence its audience....
...The vote “could undermine the basis for the . . . request for an award of attorneys’ fees of approximately $5bn in Tesla stock”, the letter to shareholders added....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...Employee shares that vested in the first quarter of this year are worth $176, according to documents seen by the FT, meaning that ByteDance’s internal valuation may have grown since the start of the year...
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
...As recently as 2017, Cowen doubled down on his great stagnation thesis with The Complacent Class, in which he set out America’s creeping culture of conformity, risk aversion and safety-first....
...Tired of raids by local bandits, the farmers of a poor Mexican village hire a group of gunslingers from across the US border to protect them....
...Analysts at Bank of America think late fees represent between 14 per cent and 30 per cent of the companies’ credit card revenue....
...Both union and corporate leaders credit the system with a low level of strikes and believe it is crucial for the success of Sweden, a country of 10mn people and home to manufacturers such as Volvo Cars,...
...The odds are it will be coming from card-issuing banks such as JPMorgan, Citigroup or Bank of America rather than Visa or Mastercard. Banks have plenty of ways to offset lower interchange fees....
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
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