Reuters – Shareholders may soon get more power to shake up corporate boardrooms in the U.S. after the financial crisis exposed glaring weaknesses in how companies were managed.
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U.S. investors may win more rights to influence boards
(Reuters)
Reuters – Shareholders may soon get more power to shake up corporate boardrooms in the U.S. after the financial crisis exposed glaring weaknesses in how companies were managed.
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U.S. investors may win more rights to influence boards
(Reuters)
The vote to decide who will govern the country is the closest in nearly 50 years, and it could take more than a week before the results are announced. The winner may have to woo the support of a handful of independent lawmakers in order to assume power.
NPR’s Robert Siegel talks to Sanjiv Mehta, the new owner and CEO of The East India Company. He opened a London shop to sell fine foods on Sunday, the anniversary of India’s independence from England. The company of the same name was first established in 1600 to trade items from the East, and became a powerful force with its own army, navy and treasury. It was dissolved more than 200 years later into a tiny coffee and tea business. Mehta bought it, calling it the world’s first multinational company.
Reuters – Securities regulators will meet on August 25 to consider giving shareholders more power to nominate company directors.
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SEC to meet next week on proxy access rules
(Reuters)
Turkey’s AK Party, with roots in Islam, has consolidated power, and the military has seen its revered place in Turkish society diminish. Some of those who favor a modern Turkish state — including civilian control over the military — worry that in the name of democratic reform the government is accumulating too much power.
AP – Xcel Energy is proposing to spend $1.3 billion to convert coal-fired power plants to natural gas and close a plant to comply with a new Colorado law aimed at cutting pollution from power plants.
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Xcel Energy unveils plan to cut plant emissions
(AP)
AP – GDF Suez SA said Tuesday it is taking control of Britain’s International Power, making it the second French utility to run a U.K. competitor and creating the world’s largest independent power producer.
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GDF Suez takes control of International Power
(AP)
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AP – Federal bank regulators have agreed to give the Federal Deposit Insurance Corp. unlimited authority to investigate banks, clarifying the agency’s power that was in question during the financial crisis.
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FDIC’s authority to review banks expands
(AP)
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