Corporate governance - Vigil

As Tim Cook celebrates his tenth anniversary at the helm, the world’s most valuable company faces fresh challenges

Billionaire Richard Branson’s Virgin Orbit is going public through a merger with a blank-check vehicle in a deal that values it at $3.2-billion and includes an investment from Boeing Co, it said on Monday.

Cross-Canada road shows, long seen as essential for companies looking to raise money, could become something of a rarity even after the COVID-19 pandemic.

A growing number of Montreal-area employers are delaying plans to welcome most staffers back to the office after Labour Day over concern that a recent surge in COVID-19 cases could trigger another lockdown.

Those are a couple of the arguments being heard in Tokyo as the rich world’s most-indebted government relative to its size prepares for a new round of spending this fall that could reach into the hundreds of billions of dollars.

Where does an organization aiming for sustainability start?

Finance chiefs are stepping up their efforts to move pension obligations off company balance sheets through annuity purchases and other financial tools, taking advantage of well-funded plans and a respite from the scramble over the past year to deal with the Covid-19 pandemic.

The roles and responsibilities of members of the board of directors of private companies are generally dictated by the fiduciary duties that such directors owe to the corporation and its stockholders.

The surge will change the country, while it lasts

Even a small reduction in the risk of another pandemic is worth the price

“When hospitals are understaffed, people die,” one expert warned as the U.S. health systems reach a breaking point in the face of the Delta variant.

Monetary policy has become a muddle

Major institutional investors are increasingly taking a surgical approach, rather than looking through a broad ESG lens. That means buying assets that fit into themes, such as climate change, water conservation or diversity and inclusion. All have been brought to the fore over the past year and a half as the pandemic forced society to take a hard look at its vulnerabilities and search for fixes.

Pfizer, which acquired a $25-million stake in Trillium last year, will buy the remaining outstanding shares for $18.50 apiece, representing a 203.8 per cent premium on the stock’s last closing price.

Internal and external audits, along with interviews with experts and insiders, reveal that when it came to surveillance, data collection and emergency preparedness, the federal government was repeatedly warned the agency wasn’t living up to expectation

Georgia has no mandates requiring power companies to add renewable energy and hasn’t made climate change a political priority. Solar power is booming there anyway.

Those are a couple of the arguments being heard in Tokyo as the rich world’s most-indebted government relative to its size prepares for a new round of spending this fall that could reach into the hundreds of billions of dollars.

Chevron Corp. has begun requiring some employees to receive Covid-19 vaccinations and is evaluating mandates throughout its entire workforce as the oil-and-gas industry contends with rising infections, according to people familiar with the matter.

PayPal will let British customers buy, hold and sell digital currencies, starting this week.

Committees are a regulated and required part of Board governance beginning in the 1940s when the SEC recommended and in the 1970s required that audit committees disclose outside directors, and in 2002 with SOX, further mandating the establishment of compensation and governance committees.

The e-commerce marketplace is more dynamic than regulators realise

Apple again delayed its return-to-office date, until January, because of the continuing spread of the coronavirus in the United States.

It has long been said of the United States economy that when the U.S. sneezes, the rest of the world catches pneumonia. With China now being the world’s second largest economy and its primary economic growth engine, one has to wonder whether the same might be said of China.