Hi folks: I'm starting a nine month gig covering Congress this week, focusing on the debt limit, economic policy and other issues on the Hill (while still keeping an eye on FinReg). All story ideas/tips/ congrats on fitting into my suits are very welcome.
US skiing juggernaut Vail Resorts sharpens edge over smaller rivals
"A Financial Times analysis of northeastern ski businesses found Vail owns destinations that have a higher base elevation than the average of the market in the states of New York, New Hampshire and Vermont"
https://t.co/4URy9HROjO
Thanks to @HindenburgRes ppl r reassessing likelihood of fraud at Indian companies. In 2022 we analyzed trades of insiders at Indian companies listed in the US. Avg (median) insider sale at US-listed Indian companies is followed by -35% (-16%) return! That's incredible mkt timing
Totally agreed. This newspaper, never fails.
But I think the robots wrote the story to distract people from knowing that the robots are actually hunting us down.
Well here’s the best story you’re going to read today: @Rentokil, the world’s largest pest control company, is using facial recognition AI to hunt down rodents @AlabiOso@FinancialTimes https://t.co/30cCpttE4D
When you chat with bots like ChatGPT, it can feel like talking with another person. But while they're pretty good at certain kinds of conversation, they cannot respond to the unexpected as well as most humans can. https://t.co/709L1TNgeK
Bayer is the ideal company for an ESG engagement.
- Monsanto shines a light on the horrors GAAP modifying dealmaking and the preference for organic growth
- Aspirin not only helps prevent heart attacks, but offers headache relief from SPAC blowups. People need to know!
apple won’t have to write up a report on the value/impact of remote work, as requested by some shareholders and employees.
The SEC agreed with Apple that this concerns (and does not transcend) ordinary business matters to be dealt with my management.
Hey SEC watchers, remember those 2021 climate change disclosure letters to companies? The responses have gradually emerged and some firms updated their risks. Could these new disclosures help the SEC's big climate disclosure rule survive in court?
https://t.co/CJUX25LQtp
This would be hilarious if it wasn't tragic.
Estimates of emissions done by 13 banks for the same borrower.
Asking banks to contribute to the energy transition and fight against climate change will go nowhere until this is solved.
Oddly enough, Elon dissolving Twitter's Board and being a sole-Director that relies on Kangaroo-ish Twitter polls is arguably a more transparent and fair form of governance than some of the things you'll see in the Valley.
While not as significant as the market structure reforms, the SEC on Wednesday will adopt a four-month waiting period for executives selling stock with plans to avoid insider trading enforcement.