Corporate governance - Vigil
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September 9, 2020 10:14 AM
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LVMH drops $16-billion Tiffany deal, setting stage for legal dispute

LVMH drops $16-billion Tiffany deal, setting stage for legal dispute | Corporate governance - Vigil | Scoop.it
French luxury goods giant LVMH said it would walk away from its planned $16 billion takeover of U.S. jeweler Tiffany, in the most high-profile example of a deal to face collapse following the COVID-19 pandemic.
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September 9, 2020 10:10 AM
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Netflix Names Bela Bajaria as New Head of Global TV

Netflix Names Bela Bajaria as New Head of Global TV | Corporate governance - Vigil | Scoop.it

In a major overhaul at Netflix Inc., Bela Bajaria has been put in charge of global television and Cindy Holland, an architect of the streaming giant’s original-content strategy, is leaving, the company said Tuesday.

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September 9, 2020 10:07 AM
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The exception - Why is Wall Street expanding in China? | Leaders

The exception - Why is Wall Street expanding in China? | Leaders | Corporate governance - Vigil | Scoop.it
It may be a step on the way to China becoming a financial superpower
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September 8, 2020 8:34 PM
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Great-West Lifeco unit to buy MassMutual's retirement business for $4.4 billion

Great-West Lifeco unit to buy MassMutual's retirement business for $4.4 billion | Corporate governance - Vigil | Scoop.it
Empower Retirement, a unit of Canadian insurer Great-West Lifeco Inc, said on Tuesday it would buy the retirement services business of Massachusetts Mutual Life Insurance Company for $4.4 billion.
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September 8, 2020 8:34 PM
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Bank of Canada set to reassure markets on low interest rates for years to come

Bank of Canada set to reassure markets on low interest rates for years to come | Corporate governance - Vigil | Scoop.it
Rate decision Wednesday will see central bank brush off stronger-than-expected rebound and stick to narrative of a long, bumpy recovery
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September 8, 2020 10:03 AM
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What to Do About Annual Incentive Plans in the Pandemic

From June 1st to August 7th, 25 Russell 1000 companies announced changes to their current or go-forward incentive programs to address Covid-19’s impact
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September 8, 2020 10:01 AM
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Shopify, Suddenly Worth $117 Billion, Is One of the Biggest Pandemic Winners

Shopify, Suddenly Worth $117 Billion, Is One of the Biggest Pandemic Winners | Corporate governance - Vigil | Scoop.it

The coronavirus pandemic has forced many small businesses to finally open online stores—and turned e-commerce software provider Shopify Inc. into one of the biggest winners of the retail shakeout.

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September 8, 2020 9:58 AM
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Samsung, Verizon Sign $6.65 Billion 5G Contract

Samsung, Verizon Sign $6.65 Billion 5G Contract | Corporate governance - Vigil | Scoop.it

Samsung Electronics Co. has signed a $6.65 billion contract with Verizon Communications Inc. for network equipment and services, a major boost to the South Korean firm’s quest to become a key 5G supplier.

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September 7, 2020 6:02 PM
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Opinion: Cogeco family ownership quashes Altice, Rogers hostile takeover

Opinion: Cogeco family ownership quashes Altice, Rogers hostile takeover | Corporate governance - Vigil | Scoop.it
Mr. Audet didn’t follow that script in last week’s release. Instead, he spelled out his family’s values. Call it the cult of the purpose-driven corporation.
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September 7, 2020 5:52 PM
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Fed's strategy shift to bind big central banks from Frankfurt to Tokyo - Reuters

Fed's strategy shift to bind big central banks from Frankfurt to Tokyo - Reuters | Corporate governance - Vigil | Scoop.it
The U.S. Federal Reserve’s landmark shift to a more tolerant stance on inflation will be a drag on the dollar for years and will raise hard questions about the role of central banking, challenging policymakers from Frankfurt to Tokyo.
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September 6, 2020 8:02 PM
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The Business Report Card: How 12 Key Companies Have Fared in 2020

The Business Report Card: How 12 Key Companies Have Fared in 2020 | Corporate governance - Vigil | Scoop.it
From Amazon to UPS, Boeing to Tesla, here’s a glimpse at the ways U.S. businesses are navigating these challenging times
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September 6, 2020 7:56 PM
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Canadian tech companies D2L, Dialogue, eyeing possible IPOs as fortunes surge in pandemic

Canadian tech companies D2L, Dialogue, eyeing possible IPOs as fortunes surge in pandemic | Corporate governance - Vigil | Scoop.it
Two Canadian online companies that have experienced soaring demand during the pandemic held meetings with investment bankers in the past month to explore initial public offerings.

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September 4, 2020 10:24 AM
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Laurentian Bank reports $36.2-million third-quarter profit, beats expectations

Laurentian Bank reports $36.2-million third-quarter profit, beats expectations | Corporate governance - Vigil | Scoop.it
The Montreal-based bank says the profit amounted to 77 cents per diluted share for the quarter ended July 31 compared with a profit of $47.8 million or $1.05 per share a year earlier.
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September 9, 2020 10:13 AM
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Why Softbank’s bet on prominent tech stocks has the market rattled

Why Softbank’s bet on prominent tech stocks has the market rattled | Corporate governance - Vigil | Scoop.it
The Financial Times reported on Friday that the sprawling Japanese conglomerate was the mysterious “Nasdaq whale” that caused a buzz among traders in recent weeks by purchasing billions of dollars worth of call options on prominent tech stocks.
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September 9, 2020 10:09 AM
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LVMH Pulls Out of Tiffany Takeover

LVMH Pulls Out of Tiffany Takeover | Corporate governance - Vigil | Scoop.it
Tiffany said it has filed a lawsuit in Delaware to enforce the agreement
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September 9, 2020 10:04 AM
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The Illusory Promise of “Stakeholderism”: Why Embracing Stakeholder Governance Would Fail Stakeholders

The Illusory Promise of “Stakeholderism”: Why Embracing Stakeholder Governance Would Fail Stakeholders | Corporate governance - Vigil | Scoop.it
Stakeholderism—granting corporate leaders discretion to give weight to the interest of all stakeholders—should not be expected to deliver its purported benefits to stakeholders. Furthermore, it could well impose substantial costs on shareholders, stakeholders themselves, and society at large, and therefore should be rejected, even by those who are deeply concerned about stakeholders.
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September 8, 2020 8:34 PM
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Lululemon beats estimates on quarterly revenue as online sales surge

Lululemon beats estimates on quarterly revenue as online sales surge | Corporate governance - Vigil | Scoop.it
Lululemon said its direct-to-consumer business, which includes its online platform, rose 155 per cent in the quarter
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September 8, 2020 10:33 AM
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Aurora Cannabis to book $1.8-billion in charges, names new CEO

Aurora Cannabis to book $1.8-billion in charges, names new CEO | Corporate governance - Vigil | Scoop.it
Aurora Cannabis Inc on Tuesday named Miguel Martin its chief executive officer, tasking the insider to turn around the troubled pot producer, and said it would book $1.8 billion in charges related to a restructuring.
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September 8, 2020 10:01 AM
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Inside Apple’s Rise to $2 Trillion

Inside Apple’s Rise to $2 Trillion | Corporate governance - Vigil | Scoop.it
Apple reached a staggering $2 trillion market valuation in August, despite years of doubt from critics over whether the tech giant could continue to succeed after the death of Steve Jobs. Here’s a look at Apple’s rise to the very top.
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September 8, 2020 10:00 AM
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Vaccine Economics: Where Profit and Public Health Collide

Vaccine Economics: Where Profit and Public Health Collide | Corporate governance - Vigil | Scoop.it
As government and private money pour into the global race for a Covid-19 vaccine, drugmakers are under great pressure to keep the shot affordable while also keeping investors happy. WSJ explains what this means for the final price tag of the jabs. Illustration: Crystal Tai
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September 8, 2020 9:58 AM
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AB InBev starts search for long-time CEO Brito's successor: FT - Reuters

AB InBev starts search for long-time CEO Brito's successor: FT - Reuters | Corporate governance - Vigil | Scoop.it
The world’s biggest brewer is considering external candidates to replace Brito, who has been its CEO for 16 years and has overseen a string of mergers that transformed two Brazilian and Belgium drink-makers into a global giant, the FT reported, citing people with knowledge of the matter.
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September 7, 2020 5:53 PM
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TD CEO says clock is ticking to recapture lost spending

TD CEO says clock is ticking to recapture lost spending | Corporate governance - Vigil | Scoop.it
As Bharat Masrani watches deposits pile up in customer accounts at Toronto-Dominion Bank, he raises a pivotal question: How soon can some of that pent-up spending power be “unleashed” into North American economies?
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September 7, 2020 5:52 PM
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Fed's strategy shift to bind big central banks from Frankfurt to Tokyo - Reuters

Fed's strategy shift to bind big central banks from Frankfurt to Tokyo - Reuters | Corporate governance - Vigil | Scoop.it
The U.S. Federal Reserve’s landmark shift to a more tolerant stance on inflation will be a drag on the dollar for years and will raise hard questions about the role of central banking, challenging policymakers from Frankfurt to Tokyo.
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September 6, 2020 8:01 PM
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Rising Education Levels Provide Diminishing Economic Boost

Rising Education Levels Provide Diminishing Economic Boost | Corporate governance - Vigil | Scoop.it
The U.S. lacks a key ingredient that helped propel it to economic dominance in the 20th century: productivity gains from higher education. Figuring out why could help influence the economy’s long-term trajectory once it emerges from the coronavirus crisis.
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September 4, 2020 10:34 AM
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Covid-19 Pandemic Ravages World’s Largest Developing Economies

Covid-19 Pandemic Ravages World’s Largest Developing Economies | Corporate governance - Vigil | Scoop.it
From India to Mexico and Brazil, the world’s biggest developing countries are witnessing some of the steepest economic contractions on record, throwing tens of millions out of work and turning back the clock on gains against poverty.

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