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MicroStrategy to lose ‘controlled company’ exemption, and stock seesaws higher
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.Business - MarketWatch - November 12 -
Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes
In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing.Top stories - NBC News - November 12 -
Bone Marrow Donors Can Be Hard to Find. One Company Is Turning to Cadavers
San Francisco–based Ossium Health has carried out three transplants for cancer patients using stem cells from deceased donors’ bone marrow in recent months.Tech - Wired - November 13 -
Greg Maffei steps down as CEO of Liberty Media, the company that owns F1
Greg Maffei is stepping down as president and chief executive of Formula 1 owner Liberty MediaSports - ABC News - November 13 -
How Jeff Raider Is Shaping Harry’s Into a Next-Generation CPG Company
When the FTC blocked the razor brand’s planned $1.37 billion merger in 2020, Jeff Raider had to pivot—and began building his own CPG empire.Business - Inc. - November 13 -
CEO to Step Down from Liberty Media, the Company That Owns F1
Greg Maffei saw Formula 1 as major opportunity for the company in its 2017 takeover.Business - Inc. - November 13 -
Curbs on long hours spur Japanese companies to tackle productivity
The government’s campaign against overwork could have far-reaching consequences for businesses and consumersWorld - Financial Times - November 14 -
Andy Dunn’s Secrets to Leading a Company and Taking Care of Yourself
The Bonobos veteran and founder of Pie shares how he cares for his mental health.Business - Inc. - November 14 -
Ben & Jerry's sues Unilever, saying parent company censored it over Gaza
Ben & Jerry's independent board accuses Unilever of preventing the ice cream brand from advocating for Palestinian rights.Top stories - CBS News - November 14 -
Human in Bear Suit Was Used to Defraud Insurance Companies, Officials Say
Footage of a bear rifling through luxury cars was submitted to insurance companies, which paid out $140,000. But something seemed off.Business - The New York Times - November 16 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - November 15 -
Why States Are Offering Workers at Private Companies Access to I.R.A.s
With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.Business - The New York Times - November 15 -
U.S. companies could be caught in the crosshairs if China retaliates to fight Trump
China's retaliation tactics could range from economic changes to matters of diplomacy and security.Business - CNBC - November 15 -
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Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits
The Trump transition team wants to kill the $7,500 consumer tax credit for electric-vehicle purchases.Business - Inc. - November 15 -
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Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.Business - The New York Times - 5 days ago -
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Company affiliated with Alex Jones seeks to disqualify The Onion's auction bid on Infowars
A federal bankruptcy judge in Texas is being asked to disqualify a winning bid made by the satirical news outlet The Onion to buy conspiracy theorist Alex Jones' InfowarsTech - ABC News - 5 days ago