Category: board
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Nairobi Hospital owners’ bid to eject board halted
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The management of Nairobi Hospital has obtained an injunction restraining the owners of the health facility from distributing a notice demanding their removal from office. The order by the Milimani Commercial Magistrate’s Court provides relief to the board, which has come under heavy criticism from a section of the Kenya…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing
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The Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares Bitcoin Trust (IBIT), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Submit files Today, as first reported on X by MacroScope. In a filing with the Securities and Exchange Commission today, the Wisconsin…
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Activist Elliott seeks 10 board seats at Southwest Airlines (NYSE:LUV)
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Kevin Deitch/Getty Images News Update 9:05 PM: Elliott’s confirmation adds. Activist firm Elliott Investment Management is preparing to launch a proxy battle in Southwest Airlines (NYSE: LUV). The prominent activist fund plans to nominate 10 candidates for the position of director of the airline’s 15-person board, according to a statement…
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Southwest investor asked the board to dump its CEO over the airline’s struggles. Now it wants to oust the board.
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Elliott Management Inc. is planning to nominate a slate of candidates for Southwest Airlines Co.’s board of directors, adding to activist investor pressure for sweeping changes at the struggling airline, according to a person familiar with the matter. Elliott will nominate up to 10 directors and call a special investor…
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U.S. refiners cutting Q3 output across the board on weaker margins, plant overhauls
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SlavkoSereda/iStock via Getty Images Crude oil futures rose for a fourth straight session on Friday and posted their first weekly gain in five weeks, supported by tightening inventories, especially in the United States, and a fundamental risk premium around tensions in the Middle East. Analysts said A drop in initial…
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BOJ Summary – one monetary policy board member suggested the neutral rate is at least 1%
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Summary of the Bank of Japan’s views at the monetary policy meeting on July 30-31 Many members see economic activity and prices developing in line with the BOJ’s expectations. Some see scope for raising “very low” interest rates, pointing to negative real interest rates at 25-year lows. Opinions divided on…
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Trans Mountain Corporation Announces Appointment of new Trans Mountain Board Chair
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on July 29, 2024 •…
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GURU Organic Energy Welcomes Three New Board Members
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jul 22, 2024 • 6 minute…
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Microsoft and Apple abandon OpenAI board seats amid regulatory scrutiny
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Microsoft and Apple have withdrawn from their observer seats on OpenAI’s board of directors in response to global regulatory concerns about the relationships between big tech companies and influential AI startups. Microsoft, which has invested $13 billion in OpenAI, has informed the ChatGPT maker that it is resigning “effective immediately”…
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Microsoft to relinquish its observer seat on OpenAI board
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Microsoft (NASDAQ:) has announced that it will give up its observer seat on OpenAI’s board of directors amid growing regulatory scrutiny of generative artificial intelligence in Europe and the United States, according to CNBC. Keith Dolliver, Microsoft’s deputy general counsel, wrote to OpenAI on Tuesday, explaining that while the observer…
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Paramount’s board approves bid by David Ellison’s Skydance Media in sweeping Hollywood deal
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Paramount Pictures is the oldest film studio in Hollywood. (Brian Van Der Brug / Los Angeles Times) Technology billionaire David Ellison’s months-long quest to win control of Paramount Global approached the finish line on Sunday, in a deal that marks a new chapter for the long-suffering media company that is…
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Board orders university to re-evaluate insurance tender
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The Administrative Public Procurement Review Committee has ordered Jaramogi Oginga Odinga University to re-evaluate a tender for the provision of group life insurance, work injury benefits and personal accident cover. This came after the board of directors cancelled the award to Kenya Alliance Insurance Limited and Zamara Risk Insurance Brokers…
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Deutsche Bank appoints Laura Padovani to management board By Reuters
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FRANKFURT (Reuters) – Deutsche Bank said on Sunday it had appointed Laura Padovani to its board of directors responsible for compliance and financial crime prevention, adding a woman to the German bank’s male-dominated senior positions. The promotion of Padovani, who joined Deutsche Bank last year as head of compliance, will…
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Nikola’s Stock Is Slumping. Its Board Made a Grim Decision.
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Electric truck maker shares Nicola (Nasdaq: NKLA) Shares were trading sharply lower Thursday morning, after the company said in a regulatory filing that it would conduct a 1-for-30 reverse stock split next week. As of 10:30 a.m. ET, Nikola shares were down approximately 23.3% from Wednesday’s closing price. Electric truck…
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Former spy chief Michael Gichangi retires from Kenya Airways board
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Former intelligence chief, retired Major General Michael Gichanji, has exited the board of Kenya Airways after six years and eight months. He was a non-executive director and Chairman of the Board’s Strategy and Business Development Committee. He joined the national carrier’s board of directors in September 2017. “The Board of…
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MoonPay Brings PayPal on Board for EU and UK Crypto Purchases
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MoonPay has announced the expansion of PayPal as a payment option for users in the European Union and the United Kingdom, following its successful launch in the United States last month. Now, MoonPay users in 24 EU member states and the UK can purchase cryptocurrencies using their PayPal accounts. PayPal…
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Maxim Power Corp. Announces Board of Directors Election Results and M2 CCGT Operations Update
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Article content CALGARY, ALBERTA, June 05, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“Wisdom – a saying“or the”institution(TSX:MXG) today announced the final director election results from its 2024 Annual General Meeting of Shareholders held on 5 June 2024 (the “Meeting”). A ballot was taken at the Meeting in relation to…