Corporate governance - Vigil

The Tesla and SpaceX chief executive officer, an avid Twitter user, has previously expressed his criticisms about Twitter’s “failure to adhere to free speech principles,” believing it “fundamentally undermines democracy,” according to a March 26 tweet.

Shares of the social-media company advanced 4.2% to $50.99 shortly after the opening bell. Twitter’s stock has swung wildly this month as investors have followed the twists and turns of Mr. Musk’s bid to buy the San Francisco-based company.

Large investors can have a big impact if they vote in favor of shareholder proposals requesting company changes or against board members, which is increasingly happening if a company isn’t meeting ESG-related requirements.

The U.S. and its allies are constrained in their efforts to reduce Russian energy revenue because of the risks posed to the global economy, while a push to remove Russia from international organizations like the Group of 20 major economies lacks international consensus, Treasury Secretary Janet Yellen said.

Shopify Inc.  is attempting to make its most significant acquisition yet to expand its warehousing and delivery services, just as Amazon.com Inc. announces a new strategy that will put the Seattle-based global tech giant in more direct competition with the Ottawa-based e-commerce platform.

The Biden administration is restoring stricter environmental standards for approving new pipelines, highways, power plants and other construction projects, including requiring consideration of how such projects might affect climate change.

Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8 billion, including debt, a bet that rents will continue to rise as more college students return to campus.

Canada is favouring oil projects with lower carbon emissions per barrel to help meet its climate targets, a strategy that may block Suncor Energy’s plan to expand bitumen mining to feed its key oil sands operations.

The Toronto Star says Ms. Glogovac, currently president and chief executive officer of fundraising company CanadaHelps, has experience in e-commerce, technology and media including at St. Joseph’s Media and its flagship magazine Toronto Life as well as NOW Magazine.

Clément Gignac – veteran Canadian economist, rookie Canadian senator – says that if Canada is going to meet its economic goals of a green transition, improved productivity and sustained healthy growth, it’s going to need an awful lot of private-sector money to do it.

The company said there would be no changes in Mr. Dorsey’s roles and responsibilities and that he would continue to serve as principal executive officer.

ByteDance Ltd., the Chinese owner of short-video platform TikTok, appointed a senior China-focused lawyer as their new chief financial officer, filling a post that has been vacant for months as the company’s plans for an initial public offering have stalled.

The value of Blackstone’s corporate private-equity portfolio climbed by 2.8% in the quarter. That handily beat the S&P 500, which slid 4.9% over the period, but fell short of the portfolio’s 15% increase a year earlier.

Hovering in the sky above Ukraine are hundreds of small drones from U.S. startups, searching for survivors in war-pummeled cities and Russian hide-outs in the scarred landscape.

Activision Blizzard said it is moving to add two women to its board of directors, months after allegations of workplace discrimination and a toxic culture at the videogame company led to lawsuits and federal investigations.

Goldman executives and partners can only earn the carried interest if they also invest their own money in the funds, a bank spokeswoman said. With “reasonable fund returns,” she said, the executives couldn’t earn multiples of their annual pay.

French music streaming service Deezer is merging with a special-purpose acquisition company and aiming to go public at a €1.05 billion, or about $1.13 billion, valuation, the companies said.

A vice-president from Shell Canada has been appointed as the new chief executive officer at LNG Canada during the B.C. project’s peak construction phase.

Twitter co-founder Jack Dorsey took aim at the social media company’s board in a series of tweets late on Monday as it weighs Elon Musk’s $43-billion takeover offer.