1. Articles from Bloomberg

    bloomberg.com

  2. 1-24 of 527 1 2 3 4 ... 20 21 22 »
    1. Wall Street Knows Who It Doesn’t Want at SEC: Gensler or Bharara

      Wall Street Knows Who It Doesn’t Want at SEC: Gensler or Bharara

      Joe Biden’s presidential transition has barely started but already banks and investment firms are anxious about two names they fear are in the running to lead the U.S. Securities and Exchange Commission. The uneasiness started late last week, when news broke that Gary Gensler -- a scourge of Wall Street when he led the Commodity Futures Trading Commission -- had been tapped to examine financial regulators for the president-elect...

      Read Full Article
    2. Walmart Must Turn Over Files on Alleged Opioid-Mishandling

      Walmart Must Turn Over Files on Alleged Opioid-Mishandling

      Walmart Inc. must disclose some internal files related to alleged mishandling of opioid painkillers sold through the company’s in-store pharmacies, after a judge ruled in favor of investors who claim directors failed in their oversight. Two pension funds “quite clearly have a credible basis” to probe whether board members wrongfully turned a blind eye to excessively large sales of the highly addictive medicines, Delaware Chancery Judge Travis Laster ruled Monday...

      Read Full Article
    3. L&G to Vote Against Company Boards That Lack Racial Diversity

      L&G to Vote Against Company Boards That Lack Racial Diversity

      Legal & General Group Plc ’s investment arm will vote against certain senior appointments at FTSE 100 and S&P 500 companies if they fail to include ethnic minorities on their board. The asset manager wants to see at least one Black, Asian or other ethnic minority on the board at major U.K. and U.S. firms by January 2022, according to the newsletter from Legal & General Investment Management...

      Read Full Article
      Mentions: Board Diversity
    4. One of Sweden’s Biggest Investors Starts ESG Pressure Campaign

      One of Sweden’s Biggest Investors Starts ESG Pressure Campaign

      Alecta, a Swedish pension fund with about $110 billion under management, wants to take active investing to a new level to force the companies it owns to be more ethical. Carina Silberg, who runs a newly merged corporate governance and sustainability unit at Alecta, says her team is bringing in reams of data to figure out exactly what portfolio companies are doing when it comes to environmental, social and governance standards...

      Read Full Article
    5. Elon Musk, Tesla Board Sued by Pension Fund for ‘Unrelenting Avarice’

      Elon Musk, Tesla Board Sued by Pension Fund for ‘Unrelenting Avarice’

      Tesla Inc. directors, including co-founder Elon Musk, awarded themselves massive compensation packages over a three-year period that improperly siphoned hundreds of millions of dollars out of the electric carmaker’s coffers, a pension fund invested in the company alleges...

      Tesla Inc. directors, including co-founder Elon Musk, awarded themselves massive compensation packages over a three-year period that improperly siphoned hundreds of millions of dollars out of the electric carmaker’s coffers, a pension fund invested in the company alleges.

      Read more at: https://www.bloombergquint.com/technology/musk-tesla-board-sued-by-pension-fund-for-unrelenting-avarice
      Copyright © BloombergQuint
      Tesla Inc. directors, including co-founder Elon Musk, awarded themselves massive compensation ...
      Read Full Article
    1-24 of 527 1 2 3 4 ... 20 21 22 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Partner Publications, Question of The Week, Sponsored Content