Top Toshiba shareholder gets support from CalPERS, Norway fund for probe

Slideshow ( 2 images )TOKYO (Reuters) – California Public Employees’ Retirement System (CalPERS) and Norges Bank Investment Management (NBIM) voted in favour of a proposal by a top Toshiba Corp shareholder for an independent probe into the Japanese conglomerate, according to voting records. Singapore-based Effissimo, which is Toshiba’s largest shareholder with a 9.9% stake, is calling for an independent investigation […]

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Danone board ousts Faber as chairman after activist pressure

PARIS (Reuters) – The board of French food group Danone on Sunday voted to oust Emmanuel Faber as chairman, Le Figaro newspaper reported, as the group tries to draw a line under a management crisis and growing pressure from shareholders.FILE PHOTO: Emmanuel Faber, chief executive officer of French food group Danone, poses before a news conference to present the company’s […]

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Remote work leads to growing concerns over cybersecurity

This article has been edited from its original version. It was originally published in its entirety in the International Monetary Fund’s Spring 2021 issue of Finance & Development magazine. Tim Maurer is the Senior Counselor for Cybersecurity to the Secretary of the US Department of Homeland Security. Arthur Nelson is a research analyst for the Carnegie Endowment for International Peace’s […]

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COVID-19: The Safest County In The Safest State

While the growth of the COVID-19 virus across the U.S. has slowed, it remains a tremendous danger. The daily growth of confirmed cases has slow to under 100,000 from an amount much more than twice that three short months ago. New fatal cases per day now run as low as 1,000, which is much as three quarters lower than the […]

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The Slowest Selling New Car

Last year, car sales in the United States were battered from March well into the late fall because of the COVID-19 pandemic. People stayed away from dealerships, because of both the disease and the financial uncertainty and unsettled job market. Toward the end of 2020, sales started to return to “normal,” particularly for some brands and models. Demand for cars […]

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SAG-AFTRA President Gabrielle Carteris Recaps Union’s Work During Pandemic At L.A. Local’s Membership Meeting

SAG-AFTRA president Gabrielle Carteris today praised the “Herculean efforts” of the union’s members, staff and elected leadership in keeping the film and TV industry “open and safe” over the past year of the Covid-19 pandemic. Speaking at the annual membership meeting of the union’s Los Angles local, she said that the past year “is simply unlike anything we have ever […]

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