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Friday 31 October 2025 Shareholders dramatically oust the chair of James Hardie over its controversial $14 billion merger with a US building materials company. Donald Trump meets Xi Jinping and promises to accelerate US nuclear testing. Coles records much faster sales growth than archrival Woolworths. Nvidia becomes the first company to be valued at $US5 trillion Bunnings and Kmart warn of a big rise in aggressive behaviour from shoppers. Join our free daily newsletter here for your chance to win Fear & Greed merch! And don’t miss the latest episode of How Do They Afford That? - this week, five smart ideas for using your tax refund. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.
Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.DAMIONAmazon to announce largest layoffs in company history, in AI push. WHO DO YOU BLAME?Former CEO Jeff BezosAICovid (This wave of layoffs results from overhiring during the pandemic)Executive Chair and largest shareholder Jeff BezosF5 Expects Revenue Hit From Cyber Attack. F5, a $20B billion technology company with impressive gross profit margins of 81%, experienced a cybersecurity incident involving unauthorized access to certain company systems by a sophisticated nation-state threat actor. WHO DO YOU BLAME?The Risk committee: Dreyer, Klein, Montoya, Budnik*Chair Marianne Budnik is deemed to have Cybersecurity experience because she serves as a Chief Marketing Officer in the cybersecurity industryPeter Klein was the CFO at Microsoft for less than 4 years, then was the CFO for WME for 6 months and then has only been a director since 2014.Risk committee member Michael Montoya specifically. F5 revealed that the director mysteriously resigned in the same filing it disclosed the cyberattack, despite having served for only 4 years. According to the proxy, had “extensive experience as an information security executive.” Following his resignation from the Board, Mr. Montoya continued his service with the Company and has been appointed as F5's Chief Technology Operations Officer.The entire board, for doing dumb modern day board things: announced that CEO François Locoh-Donou, would assume the additional role of Chair of the Board following the Company's next Annual Meeting of Shareholders 12 days after they announced the cyberattack.Investors. 98% YES average this year: 7 over 99.2%, including Risk Committee Chair Marriane Budnik with 99.6%. Nobody feels like they have to work hard to impress anyoneF5! It's a god damn cybersecurity company!How climate change is fueling Hurricane Melissa's ferocity. WHO DO YOU BLAME?Exxon CEO Darren Woods because he sued his own shareholders last year: Arjuna Capital, LLC and Follow ThisExxon CEO Darren Woods because just yesterday: Exxon sues California over new laws requiring corporate climate disclosuresExxon CEO Darren Woods because gas and oilClimate ChangeOpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil' WHO DO YOU BLAME?The fear-and-spending geniuses behind the original Cold War: Truman, Stalin, ChurchillPeople who historically ignored Eisenhower and his statements on the U.S. military-industrial complex when he explicitly warned that defense contractors and the military could exert undue influence on government policy. Sound familiar?Anyone who empowered the board to not be empowered when they tried to fire Sam Altman for such reasons as:Conflicts over OpenAI's rapid growth and direction, especially the tension between aggressive AI deployment vs. safety oversight.Power dynamics between Altman, key researchers, and board members — some may have felt he had too much unilateral control.The college that let Sam Altman drop outSammy Altman Citi's Jane Fraser consolidates power with board chair vote — and a $25 million-plus bonus to boot. WHO DO YOU BLAME?The entire Compensation, Performance Management and Culture CommitteeThese two long-tenured Compensation, Performance Management and Culture Committee membersDiana L. Taylor* 10 other directorships: Brookfield Corporation, Accion (Chair), Columbia Business School (Board of Overseers),Friends of Hudson River Park (Chair), Mailman School of Public Health (Board of Overseers), The Economic Club of New York (Member), Council on Foreign Relations (Member), Hot Bread Kitchen (Board Chair), Cold Spring Harbor Lab (Member), and New York City Ballet (Board Chair)Peter B. Henry*8 other directorships: Nike, Inc., Analog Devices, Inc., National Bureau of Economic Research (Board), The Economic Club of New York (Board), Protiviti (Advisory Board), Biospring Partners (Advisory Board), Makena Capital (Advisory Board), and Two Bridges Football Club (Board)The lowest common denominator effect of bank compensation committees:Wells Fargo CEO Charlie Scharf: ~$30M special equity grant tied to becoming Chair as well as CEO (3 months after meeting)Goldman Sachs: CEO David Solomon & COO John Waldron ~$80M each (retention RSUs vesting in ~5 yrs)KeyCorp: CEO Chris Gorman & four other senior execs: ~$8M for Gorman; ~$17M combined for the five NEOsThe passive ownership (re: management-friendly) of BlackRock, State Street, and Vanguard (combined 22%): without their votes at Goldman then Say on Pay was nearly tied, which might have dissuaded the year of one-off bonuses for banking CEOs??The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO [Sunny Verghese, CEO of food and ag company Olam Group] says. WHO DO YOU BLAME?The world's top 28 richest people (those worth ~$160 B each) together would equal $4.5 trillionThe world's greatest sycophant Tesla chair RobynDenholm: “On the pay package specifically: “It's not about the money for him. If there had been a way of delivering voting rights that didn't necessarily deliver dollars, that would have been an interesting proposition.”Any two of these basically redundant techbro companies' market caps would sufficeNvidia ~$4.2 trillion Microsoft ~$3.8 trillion Apple ~$3.1 trillion Amazon ~$2.4 trillion Alphabet ~$2.2 trillion Meta Platforms ~$1.8 trillion Broadcom ~$1.3 trillion Taiwan Semiconductor Manufacturing Company ~$1.2 trillionBill Ackman. Because he's a douche.MATTTarget is eliminating 1,800 roles as new CEO Michael Fiddelke gets set to take over the struggling retailer - WHO DO YOU BLAME?Current CEO Brian Cornell, who's “stepping down” to the role of Executive Chair - which is basically still CEO, just on the board and doesn't have to talk to employees anymore, so he can eliminate 1800 jobs and then fade away into a multimillion dollar unaccountable board roleFuture CEO Michael Fiddelke, who starts February 1, 2026, but is current COO and was forced to send the memo to employees telling them 8% of the workforce will be cutMonica Lozano, chair of the compensation and human capital management committee of the board, who's also on the BofA and Apple boards and is the most connected board member at a highly connected board - does the chair of the human capital committee have to weigh in on firing?OpenAI - the memo makes zero mention of the fact that part of Target's problem is that it shit on gays and blacks because of a feckless internet toad named Robby Starbuck, but feels very written by AI which would account for phrases like:“Adjusting our structure is one part of the work ahead of us. It will also require new behaviors and sharper priorities that strengthen our retail leadership in style and design and enable faster execution so we can: Lead with merchandising authority; Elevate the guest experience with every interaction; and Accelerate technology to enable our team and delight our guests.”Does anyone know what that word salad actually means? Doesn't it just mean “you're fired because we basically sucked at our jobs”?Hormel recalls 4.9M pounds of chicken possibly 'contaminated with pieces of metal' - WHO DO YOU BLAME?The audit committee, the closest committee responsible for enterprise risk (ie, metal in chicken) - Stephen M. Lacy, William A. Newlands (also lead director), Debbra L. Schoneman, Sally J. Smith (chair), Steven A. White, Michael P. ZechmeisterThe governance committee - James Snee, the now retired CEO who retired somehow in January but the company still hasn't found a permanent replacement 9 months later - so they're being run by Jeff Ettinger, interim CEO? Chair Gary C. Bhojwani, Elsa A. Murano, Ph.D., William A. Newlands (also lead director), Debbra L. Schoneman, Steven A. WhiteThe one black guy on the board - Steve White - who works at Comcast, is somehow qualified to be on Hormel board, and is on BOTH the audit committee AND governance committeeThe conveyor belt that spit pieces of metal as large as 17mm long into “fire braised chicken” sent to hotels and restaurantsCervoMed appoints McKinsey veteran David Quigley to board of directors - WHO DO YOU BLAME? Board is 2 VCs, a longtime biotech CFO, and five MD/PhDs. And among those 8, there are just two woman - the co-founder/wife of the CEO and a VC. And when they did their search, they could only find a longtime professional opinion haver - a consultant from the big three?Nominating committee for lack of imaginationEx or current McKinsey, Bain, and BCG employed directors - the opinion industrial complex - make up a whopping 4% of ALL US DIRECTORSAmong boards with MULTIPLE ex opinion directors: Kohl's is 25% consultantStarbucks is 27% consultantDisney is 30% consultantsWilliams-Sonoma is 38% consultantCBRE is 40% consultant!Nominating committee chair Jane Hollingsworth, for not looking around the room and saying, “hey dudes, can we add, like, maybe, ONE other lady?”Co founders Sylvie Gregoire and John Alam (also CEO) who own 17.3% of voting power - add in Josh Boger, board chair and 12.3% voter, and you basically have the CEO daddy and his buddy Josh with 29.6% of voting controlSylvie and John's bios, which neglect to mention they're married to one anotherWe are all terrified of the future - which headline is worse for your terror? WHO DO YOU BLAME?The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO saysBill Gates Says Climate Change ‘Will Not Lead to Humanity's Demise' - ostensibly because billionaires in bunkers will, in fact, survive on cans of metal-filled Hormel chili.Sorry, Yoda. Mentors are going out of styleMan Alarmed to Discover His Smart Vacuum Was Broadcasting a Secret Map of His HouseJennifer Garner's baby food company is going public on the NYSE — should investors be putting their eggs in this basket?Woman Repeatedly Warned by Canadian Exchange Not to Transfer Crypto, Gets Scammed AnywayOpenAI completes restructure, solidifying Microsoft as a major shareholder - MSFT owns 27%, the non profit which controlled the company “for the benefit of humanity” now will only control it for 26% of humanity?Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says - IF MUSK LEAVES, WHO DO YOU BLAME?Robyn Denholm, board chair, whose job it is to manage Musk, but does it like an overwhelmed permissive mother who parents with chocolate and Teletubbies when the kid has a tantrumKimbal Musk - I was told by a bunch of directors and institutional investors at a conference, no joke, that Kimbal was still on the board (ie, not voted out) to control his brother's ketamine intake and crazy episodes. So if he throws a tantrum and leaves, isn't it bro's fault? This is a binary trade - Musk gets extra pay/control, stock goes up and isn't de-meme'd. Musk doesn't, he leaves and the stock is de-meme'd and drops arguably by 66% or more to be more like a car company with some tech. So do we blame investors, no matter what they do? They meme'd the stock in the first place, he couldn't get a trillion extra dollars if they hadn't pumped up the stock - and now they could vote with humanity (no pay) or meme capitalism (pay)!Techbro middle school conservatism - is this Ben Shapiro and Joe Rogan's fault? A Yale economist paper suggests that Musk's politics cost between 1 and 1.26 million Tesla car sales… Would we even be worried if Musk stayed out of politics? Wouldn't the market have just paid him whatever?Pop quiz: which directors stay on the board if Musk leaves in a tantrum?Jeffrey StraubelKimbal MuskRobyn DenholmJames MurdochKathleen Wilson-ThompsonIra EhrenpreisJack HartungJoe Gebbia
How are naval shipbuilding, commercial shipbuilding, and commercial shipping linked together to create a healthy and effective national seapower ecosystem?What did the 1990s “Last Supper” get wrong, and what can be done to correct the error?Our guest this week is Hunter Stires, founder and CEO of The Maritime Strategy Group, returning to Midrats to discuss this and more.We will be using as a starting point for our discussion the recent article that he co-wrote with Steve Brock at CIMSEC, Maritime Statecraft and its Future.SummaryIn this conversation with Sal and Mark, Hunter Stires discusses the interconnectedness of naval shipbuilding, commercial shipping, and the broader maritime strategy of the United States. He emphasizes the historical context of U.S. maritime power, the importance of bipartisan support for revitalizing the shipbuilding industry, and the role of allies like South Korea in enhancing U.S. capabilities. The discussion also touches on workforce challenges, the need for competition in the shipbuilding sector, and the strategic imperative of maintaining a robust maritime ecosystem.ShowlinksMaritime Statecraft and its Future, by Steve Brock and Hunter StiresThe Neptune Factor: Alfred Thayer Mahan and the Concept of Sea Power, by Nicholas A. LambertThe Influence of Sea Power Upon History, by Alfred Thayer MahanShipbuilding, Shareholders, and National Asynchronization, by CDR SalamanderShareholder Interests Are at Odds with Navy Needs, by Martin BollingerEpisode 736: Anduril and the Promise of Autonomous Systems - with Chris Brose, by CDR Salamander & Mark TempestTakeawaysThe U.S. maritime ecosystem is interconnected and requires a holistic approach.Bipartisan support is crucial for revitalizing the shipbuilding industry.Historical lessons from figures like Mahan are relevant today.South Korea's investment in U.S. shipbuilding symbolizes a strong partnership.Workforce challenges in shipbuilding can be addressed through better pay and training.Outsourcing shipbuilding undermines U.S. strategic interests.Competition in the shipbuilding sector leads to innovation and efficiency.The U.S. must leverage its allies for technological advancements in shipbuilding.A maritime revival is possible with the right political will and strategy.Investment in shipbuilding is essential for national security.Chapters00:00: Introduction to Maritime Strategy and Ecosystem02:05: The Interconnection of Naval and Commercial Shipbuilding07:06: Historical Context: Lessons from Mahan and the Past14:40: Bipartisan Support for Maritime Revival18:16: The Role of South Korea in U.S. Shipbuilding31:00: Challenges in U.S. Shipbuilding and Workforce41:50: Future Directions and Strategic PartnershipsHunter Stires served as the Maritime Strategist to the 78th Secretary of the Navy, completing his term in June 2025. He has been recognized for his work as one of the principal architects of the Maritime Statecraft strategy put into action by Secretary of the Navy Carlos Del Toro to rebuild America's comprehensive maritime power, both commercial and naval. Mr. Stires serves as a Non-Resident Fellow with the Navy League's Center for Maritime Strategy and as the Project Director of the U.S. Naval Institute's Maritime Counterinsurgency Project. A graduate of Columbia University, Mr. Stires previously served in the Office of the Undersecretary of Defense for Policy and in several positions on the Navy Staff, including in OPNAV N96 Surface Warfare Directorate, OPNAV N95 Expeditionary Warfare Directorate, and OPNAV N522 Navy Irregular Warfare Group. Since departing government, Mr. Stires founded and now serves as CEO of The Maritime Strategy Group.Mr. Stires has been recognized twice with the U.S. Naval Institute's General Prize, the premier writing award of the U.S. Navy, Marine Corps, and Coast Guard, judged in the blind by active duty Sea Service professionals each year since its inception in 1879. He was awarded 1st Prize for “The South China Sea Needs a ‘COIN' Toss,” published in Proceedings in May 2019; he was awarded 2nd Prize for “Win Without Fighting,” published in June 2020. His article in the Summer 2019 issue of the Naval War College Review, “‘They Were Playing Chicken:' The U.S. Asiatic Fleet's Gray-Zone Deterrence Campaign against Japan, 1937-40,” was selected for inclusion in the Newport Papers monograph Deterrence. Mr. Stires's published work has been cited in a wide range of outlets, including Voice of America, Radio Free Asia, War on the Rocks, The National Interest, 19FortyFive, the Liberty Times, Rappler, and the South China Morning Post —as well as the Chinese language edition of the Global Times.
On this week's episode of the Shareholders the guys talk about current events, The Woke Report with Junior, the stock, and give out their picks on the Happy Hedge!
Air New Zealand says it now expects to make a first-half loss of about $30 million to $55 million, before tax. It's just provided a trading update to the NZX. The national carrier says it expected a two to three percent uplift in revenue across domestic and US-bound bookings. However, this hasn't materialised and isn't evidenced in future bookings. NZ Shareholders Association head Oliver Mander says the engine issues and ongoing economic downturn are the main factors behind these changes. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Air New Zealand says it now expects to make a first-half loss of about $30 million to $55 million, before tax. It's just provided a trading update to the NZX. The national carrier says it expected a two to three percent uplift in revenue across domestic and US-bound bookings. However, this hasn't materialised and isn't evidenced in future bookings. NZ Shareholders Association head Oliver Mander says the engine issues and ongoing economic downturn are the main factors behind these changes. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Alliance has reached a $270million deal with Dawn Meats. 2,600 farmer-shareholders voted 87% in favour of selling 65% of the company arm to the Irish-backed company. The new investment is expected to strengthen Alliance's balance sheet, pay down debt and enable greater capital growth. Spokesperson for Alliance shareholders Jeff Grant told Mike Hosking that ‘The company was forced into a position of having to find new equity.' LISTEN ABOVESee omnystudio.com/listener for privacy information.
Alliance has reached a $270million deal with Dawn Meats. 2,600 farmer-shareholders voted 87% in favour of selling 65% of the company arm to the Irish-backed company. The new investment is expected to strengthen Alliance's balance sheet, pay down debt and enable greater capital growth. Spokesperson for Alliance shareholders Jeff Grant told Mike Hosking that ‘The company was forced into a position of having to find new equity.' LISTEN ABOVESee omnystudio.com/listener for privacy information.
Dom talks with Jeff Grant, Alliance shareholder and Farmers Own Alliance spokesperson, about the vote in favour of a proposed $270 million investment from Irish meat processor Dawn Meats and what he thinks might happen now. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, take the Chimney Oaks Golf Club Mailbag from the Middle, and give out their picks on the Happy Hedge!
Dom talks with REX Producer Jo Grigg about the Alliance Group shareholder vote on Monday, the pros and cons and whether she thinks the vote will go. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
Ian Verrender, ABC's Business and Finance Editor, joined Philip Clark on Nightlife to discuss the latest in economic, business and finance news.
Electronic Arts' $55 billion privatization sparks debate over the state of gaming. The panel examines EA's financial struggles, originality fatigue, and cinematic excess in modern titles. Chuck Joiner, David Ginsburg, Marty Jencius, Brian Flanigan-Arthurs, Eric Bolden, Guy Serle, Web Bixby, Jeff Gamet, Jim Rea and Mark Fuccio explore Saudi investment motives, shareholder pressures, and what defines real playability—fun, challenge, and creativity over graphics and spectacle. This edition of MacVoices is supported by MacVoices Magazine, our free magazine on Flipboard. Updated daily with the best articles on the web to help you do more with your Apple gear and adjacent tech, access MacVoices Magazine content on Flipboard, on the web, or in your favorite RSS reader. Show Notes: Chapters: [0:09] Electronic Arts Goes Private [0:35] EA's Financial Struggles and Industry Concerns [2:27] The Problem of Unoriginal Games and Sequels [3:38] Franchise Fatigue and AI's Potential Role [5:10] Costs, Live Games, and Slower Development Cycles [7:21] Nintendo and the Power of Fun Gameplay [8:59] Shareholder Motives and Buyout Dynamics [13:34] Saudi Influence and Alternate Agendas [15:34] Defining Playability and Game Design Essentials [19:54] AI Engines and Future Storytelling in GamingLinks Links: EA confirms it will go private in $55 billion acquisition https://www.engadget.com/ea-confirms-it-will-go-private-in-55-billion-acquisition-133841614.html Guests: Web Bixby has been in the insurance business for 40 years and has been an Apple user for longer than that.You can catch up with him on Facebook, Twitter, and LinkedIn, but prefers Bluesky. Eric Bolden is into macOS, plants, sci-fi, food, and is a rural internet supporter. You can connect with him on Twitter, by email at embolden@mac.com, on Mastodon at @eabolden@techhub.social, on his blog, Trending At Work, and as co-host on The Vision ProFiles podcast. Brian Flanigan-Arthurs is an educator with a passion for providing results-driven, innovative learning strategies for all students, but particularly those who are at-risk. He is also a tech enthusiast who has a particular affinity for Apple since he first used the Apple IIGS as a student. You can contact Brian on twitter as @brian8944. He also recently opened a Mastodon account at @brian8944@mastodon.cloud. Mark Fuccio is actively involved in high tech startup companies, both as a principle at piqsure.com, or as a marketing advisor through his consulting practice Tactics Sells High Tech, Inc. Mark was a proud investor in Microsoft from the mid-1990's selling in mid 2000, and hopes one day that MSFT will be again an attractive investment. You can contact Mark through Twitter, LinkedIn, or on Mastodon. Jeff Gamet is a technology blogger, podcaster, author, and public speaker. Previously, he was The Mac Observer's Managing Editor, and the TextExpander Evangelist for Smile. He has presented at Macworld Expo, RSA Conference, several WordCamp events, along with many other conferences. You can find him on several podcasts such as The Mac Show, The Big Show, MacVoices, Mac OS Ken, This Week in iOS, and more. Jeff is easy to find on social media as @jgamet on Twitter and Instagram, jeffgamet on LinkedIn., @jgamet@mastodon.social on Mastodon, and on his YouTube Channel at YouTube.com/jgamet. David Ginsburg is the host of the weekly podcast In Touch With iOS where he discusses all things iOS, iPhone, iPad, Apple TV, Apple Watch, and related technologies. He is an IT professional supporting Mac, iOS and Windows users. Visit his YouTube channel at https://youtube.com/daveg65 and find and follow him on Twitter @daveg65 and on Mastodon at @daveg65@mastodon.cloud. Dr. Marty Jencius has been an Associate Professor of Counseling at Kent State University since 2000. He has over 120 publications in books, chapters, journal articles, and others, along with 200 podcasts related to counseling, counselor education, and faculty life. His technology interest led him to develop the counseling profession ‘firsts,' including listservs, a web-based peer-reviewed journal, The Journal of Technology in Counseling, teaching and conferencing in virtual worlds as the founder of Counselor Education in Second Life, and podcast founder/producer of CounselorAudioSource.net and ThePodTalk.net. Currently, he produces a podcast about counseling and life questions, the Circular Firing Squad, and digital video interviews with legacies capturing the history of the counseling field. This is also co-host of The Vision ProFiles podcast. Generally, Marty is chasing the newest tech trends, which explains his interest in A.I. for teaching, research, and productivity. Marty is an active presenter and past president of the NorthEast Ohio Apple Corp (NEOAC). Jim Rea built his own computer from scratch in 1975, started programming in 1977, and has been an independent Mac developer continuously since 1984. He is the founder of ProVUE Development, and the author of Panorama X, ProVUE's ultra fast RAM based database software for the macOS platform. He's been a speaker at MacTech, MacWorld Expo and other industry conferences. Follow Jim at provue.com and via @provuejim@techhub.social on Mastodon. Guy Serle, best known for being one of the co-hosts of the MyMac Podcast, sincerely apologizes for anything he has done or caused to have happened while in possession of dangerous podcasting equipment. He should know better but being a blonde from Florida means he's probably incapable of understanding the damage he has wrought. Guy is also the author of the novel, The Maltese Cube. You can follow his exploits on Twitter, catch him on Mac to the Future on Facebook, at @Macparrot@mastodon.social, and find everything at VertShark.com. Support: Become a MacVoices Patron on Patreon http://patreon.com/macvoices Enjoy this episode? Make a one-time donation with PayPal Connect: Web: http://macvoices.com Twitter: http://www.twitter.com/chuckjoiner http://www.twitter.com/macvoices Mastodon: https://mastodon.cloud/@chuckjoiner Facebook: http://www.facebook.com/chuck.joiner MacVoices Page on Facebook: http://www.facebook.com/macvoices/ MacVoices Group on Facebook: http://www.facebook.com/groups/macvoice LinkedIn: https://www.linkedin.com/in/chuckjoiner/ Instagram: https://www.instagram.com/chuckjoiner/ Subscribe: Audio in iTunes Video in iTunes Subscribe manually via iTunes or any podcatcher: Audio: http://www.macvoices.com/rss/macvoicesrss Video: http://www.macvoices.com/rss/macvoicesvideorss
Dom talks with Alliance shareholder Jeff Grant about the upcoming vote to decide whether to sell 65% of the business to Irish company Dawn Meats for $250m and why he's backing the alternative proposal to recapitalise the co-operative under the 'Farmers Own Alliance' banner. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
What if the key to the future of global mobility was found not in isolation, but in a carefully curated community? Host Susannah de Jager sits down with Dan Geoghegan, CEO of Bicester Motion, the visionary behind the world's largest automotive and future mobility cluster. Dan details his systematic, values-driven approach to turning a derelict RAF bomber station into a thriving, 444-acre ecosystem of 54 businesses—ranging from historic vehicle restorers to pioneers in net-zero fuels. They discuss the critical benefits of clustering, where like minds and complementary businesses achieve greater efficiency and critical mass. Dan shares the vital lesson that focusing on community, inclusivity, and long-term partnership with tenants actually leads to better business results and high occupancy. Tune in to hear how his bold vision and "fly the plane as you build it" entrepreneurship has created an economic powerhouse in the Oxford-Cambridge corridor, actively shaping the path to net-zero.(00:00) - Welcome to Oxford+ (01:58) - The Birth of Bicester Motion (04:15) - From Concept to Reality: Building the Cluster (07:40) - Challenges and Naysayers (09:43) - The Importance of Community and Collaboration (13:36) - Sustaining Growth and Innovation (22:52) - The Role of Shareholders and Long-term Vision (25:19) - Navigating Geopolitical and Economic Changes (27:55) - Showcasing Bicester Motion's Companies (37:04) - Sustainability and Future Plans Dan Geoghegan: The Chief Executive Officer and Founder of Bicester Motion, the world-leading automotive and future mobility cluster located on a former RAF Bomber Station. Dan's vision combines a passion for historic motoring with expertise in private investment and corporate finance to create a dynamic centre for innovation, experience, and heritage. He was honoured with the Outstanding UK Leader Award at the 2022 Autocar Awards for his leadership in "redefining the automotive experience for the modern era through real estate." Recently, he has driven the site's expansion, including the completion of the new £26.8 million headquarters for Mercedes-Benz-owned YASA.Connect with Dan on LinkedInSusannah de Jager: Susannah is a seasoned professional with over 15 years of experience in UK asset management. She has worked closely with industry experts, entrepreneurs, and government officials to shape the conversation around domestic scale-up capital.Connect with Susannah on LinkedIn / Subscribe to the Oxford+ Newsletter for exclusive contentOxford+ is hosted by Susannah de Jager and supported by Mishcon de Reya and Oxford North.Produced and edited by Story Ninety-Four in Oxford.
Nancy Levine Stearns, founder of ImpactDevise, a nonprofit journalism project, discusses the corporate response to the DEI (Diversity, Equity, and Inclusion) backlash. Stearns' project covers DEI initiatives in the private sector, and her reporting on corporate social responsibility has been cited by publications like The New York Times, NBC News, and Forbes. Stearns, a former executive recruiter, began focusing on the DEI space after the "heated" backlash following a recent election. She was initially intrigued by a story about Costco taking a public stance on DEI. This led her to discover that other companies were also standing firm on their commitments. Key Findings from Impactivize Corporate Commitment: Stearns and Impactivise track approximately 400 companies, including publicly traded, private, and large nonprofit organizations, that have made public commitments to DEI. A recent audit found that only two of these companies have completely removed their DEI statements. Stearns believes that a stated commitment is a bold and courageous decision, as it can make a company a target for anti-DEI groups. Shareholder Support: Stearns reports that in 2025, 30 anti-DEI proposals were put forth for shareholder voting at various corporations. Shareholders overwhelmingly rejected these proposals, typically by a margin of 98% to 99% of voting shares. Stearns notes that while shareholder rejection of outside proposals is common, the overwhelming margin of these votes is unusual. The Business Imperative: Stearns states that the primary reason companies are maintaining their DEI initiatives is because they recognize it as a "strategic imperative" and a "business imperative". She cites a statement from Rob Davis, the CEO of Merck, who called diversity and inclusion a strategic imperative. Stearns emphasizes that the data and metrics show that these initiatives positively impact a company's performance and bottom line. Shifting Language: Stearns acknowledges that some companies are changing the language they use to describe their initiatives, perhaps using terms like "belonging and inclusion" or "culture and engagement". However, she notes that adversarial groups, such as the Heritage Foundation, are aware of this change in terminology and still view these efforts as DEI. Consumer Influence: Stearns believes that consumers, particularly younger generations, are a powerful force in this movement. She suggests that consumers are "voting with their wallet" and supporting companies that have strong DEI commitments. This consumer support provides a "strength in numbers" for corporations, reinforcing their commitment. Stearns argues that while the media often focuses on the narrative that DEI is "dead," the data show that it is very much alive and supported by both corporations and consumers. She maintains that the business case for diversity and inclusion is a powerful and objective force, stating, "It's not political, it's not ideological, it's not personal, it's just, it's just business". Follow Nancy's research and reporting at: https://www.impactivize.org/
Corporations are recognized as legal entities and separate from their shareholders, officers and directors. Does that mean that a corporate owner can never be held liable for the company's wrongdoing? Of course not! “Piercing the corporate veil,” refers to the exception to this principle, where courts disregard this separateness and hold an owner responsible for the corporation's actions as if it were their own. On this week's podcast, join Rebecca and Steve as they explore the circumstances in which you can ask the court to ignore the corporate entity, and reach the assets of the owners. The standards are very high, but if there is enough proof, and your facts are egregious, you may be able to get through a corporate fraud and recovery from the owners' assets.
In this episode, Justin McElhattan leads with humility in such a deeply authentic way that it took us years to convince him to be a guest on this podcast. We persevered because as the CEO and then Group President of Industrial Scientific, Justin brought to life the inspiring results and models to follow that Habitual Excellence leadership - rooted in safety - makes possible. And now he and his wife, a physician, are bringing the same inspiring leadership framework to a whole other sector – agriculture – determined to magnify our food system's ability to nourish, connect and heal. At the same time, the family remains perhaps the most significant investor in the workplace safety movement in the country. We grow and take on energy every time we talk with Justin, and are excited to bring this episode to you.
On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, answer the Chimney Oaks Golf Club Mailbag from the Middle, and give out their picks on the Happy Hedge!
Senator Ted Cruz, a Republican from Texas, has blocked an effort to pass legislation that would have extended data privacy protections for federal lawmakers and public officials to everyone in the United States. On Monday night, Senator Ron Wyden, an Oregon Democrat, asked the U.S. Senate for unanimous consent from fellow senators to pass his legislation, Protecting Americans from Doxing and Political Violence Act. Fubo, the popular live sports TV streaming service, announced on Tuesday that its shareholders have approved its transaction with Disney, combining Fubo with Hulu Live TV. Learn more about your ad choices. Visit podcastchoices.com/adchoices
On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, take the Chimney Oaks Gold Club Mailbag from the Middle, and give out their picks on the Happy Hedge!
Shareholders aren’t financial investors, but actual owners of a company. They have several tools at their disposal to push corporate leaders to focus on long-term sustainability of the business: electing the board of directors, voting on routine matters, or even submitting proposals for other shareholders to vote on. But are these shareholder rights a strength of capitalism, or are executives spending too much time engaging with a wide range of shareholders and not enough time on their day jobs? On this week’s episode of ESG Currents, Bloomberg Intelligence Senior ESG Analyst Rob Du Boff speaks with Sanford Lewis, director and founder of the Shareholder Rights Group and a leading national expert on shareholder proposals.See omnystudio.com/listener for privacy information.
Renergen CEO Stefano Marani joins Alec Hogg to unpack the company's acquisition by ASP Isotopes. He explains why the deal makes strategic sense, addresses helium project delays, outlines future plans in critical materials, and reassures investors about long-term value. The conversation highlights South Africa's untapped gas potential and Renergen's pivotal role in global energy and tech supply chains.
The UK and US are set to announce deeper co-operation on digital assets such as cryptocurrencies, a UN commission concluded that Israel has committed genocide against Palestinians in Gaza, and Mario Draghi has warned that the EU's economic competitiveness is on the retreat due to “inaction” by Brussels. Plus, Donald Trump's administration is shifting the balance of power from shareholders to company bosses.Mentioned in this podcast:UK set to announce closer co-operation with US on cryptocurrenciesIsrael launches ground invasion of Gaza CityEU economy falls behind global rivals due to ‘complacency', warns Mario DraghiDonald Trump tilts balance of power from investors to CEOsToday's FT News Briefing was produced by Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry and Michael Lello. The FT's acting co-head of audio is Topher Forhecz. The show's theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
On this week's episode of the Shareholders the guys discuss Charlie Kirk, the stock, answer the Chimney Oaks Golf Club Question from the Middle, and give out their picks on the Happy Hedge!
In this week's episode, Jonathan sits down with his long-term legal partner, John Andrews, for a masterclass on the legal do's and don'ts of buying a business. With over 250 deals completed for Dealmakers clients and three decades of M&A experience, John shares the essential legal knowledge every buyer needs — especially if you're serious about avoiding costly mistakes. Whether you're preparing for your first deal or scaling up your acquisition strategy, this episode gives you the legal edge to navigate deals with confidence. What You'll Learn in This Episode: Why a Shareholders' Agreement is Crucial — and why skipping it can cost you dearly later How to Choose the Right Lawyer — and why not all solicitors are qualified to handle M&A What Goes into a Share Purchase Agreement (SPA) — and the key clauses that protect you The Three Types of Due Diligence — and how each one helps avoid nasty surprises The True Cost of Legal Work — from fixed fees to due diligence and abortive deal risks Asset Purchase vs. Share Purchase — the pros, cons, and tax implications of each What to Expect During the Completion Process — and why most deals are now done digitally The Most Common Legal Mistakes Buyers Make — and how to avoid them How to Avoid Overpaying or Becoming a “Motivated Buyer” — and stay in control of negotiations Why a Strong Legal Team on Both Sides Speeds Up the Deal — and can save you thousands If you've ever wondered what your lawyer should really be doing for you — or how to make sure your deal doesn't unravel at the last minute — this episode pulls back the curtain on the legal side of business buying.
Tesla's board of directors recently proposed a pay package for CEO Elon Musk that could pay him about a trillion dollars if he meets certain goals. It's not a done deal yet—Tesla shareholders will vote on the proposal at the company's annual meeting in November. But just how much of a say do shareholders actually have in that decision? Or any decision?Today on the show, we look at what it takes for a shareholder to get their voice heard and how this may be changing under the Trump administration. Plus we talk to one Tesla investor agitating for changes at the company.Related episodes: An epic proxy battle comes to HasbroElon Musk and the fear of the activist investorImpact investing, part 1: Money, meet moralsImpact investing, part 2: Can money meet morals?For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
This week, our guest is Eric Nuttall, Partner and Senior Portfolio Manager at Ninepoint Partners. Eric manages the Ninepoint Energy Fund (NNRG) and the Ninepoint Energy Income Fund (NRGI). Here are some of the questions Peter and Jackie asked Eric: How would you compare investing in Canadian oil and gas producers versus U.S. companies? Do you still believe Canada is undervalued relative to the U.S., as you did when we spoke a few years ago? With OPEC announcing on September 7, 2025, that it will add even more supply to the market, why are oil prices remaining so resilient, and what is Saudi Arabia's strategy? What are your expectations for North American natural gas prices, particularly in Canada, which has experienced exceptionally weak pricing this year? Canada has seen a wave of consolidation in the oil patch—how do you view corporate consolidation in this context? You have long advocated for oil and gas producers to buy back shares, but if Canada succeeds in building new export pipelines for oil and gas, would you support companies growing production to create value rather than relying solely on buybacks? How can new export pipelines be built if investors continue to prefer buybacks over growth? Finally, do you believe Canadian oil and gas companies still trade at a “green discount” due to climate policies that burden the sector?Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify
Mark Zuckerberg sues Mark Zuckerberg; Google Photos upgrades its image-to-video feature with Veo 3 Learn more about your ad choices. Visit podcastchoices.com/adchoices
On this week's episdoe of the Shareholders the guys talk about current events, the Woke Report with Junior, the stock, take the Chimney Oaks Golf Club Mailkbag from the Middle, and give out their picks on the Happy Hedge!
Welcome to the Holy Grail of Investing Podcast with Tony Robbins and Christopher Zook! Our hosts dive deep into the revolutionary world of professional sports investing with special guest Sam Kennedy, President and CEO of the Boston Red Sox and CEO of Fenway Sports Group, along with Ian Charles and David O'Connor, Co-Founders and Managing Partners at Arctos Partners. Discover how the landscape of sports franchise ownership has transformed since 2019, when Major League Baseball (MLB) changed the rules to allow investment firms and individual investors to take minority stakes in major sports teams. The other leagues (NBA, NHL, MLS, and NFL) have since followed suit, opening new opportunities to invest in this unique and uncorrelated asset class. If you're interested in alternative investments, sports ownership, or diversifying your portfolio with sports franchises, this episode is a must-watch! If you would like to learn more about how to invest in professional sports franchises, please visit: https://cazinvestments.com
On this week's episode of the Shareholders the guys discuss current events, The Woke Report with Junior, the stock, take the Chimney Oaks Golf Club Mailbag from the Middle, and give out their picks on the Happy Hedge!
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On this Salcedo Storm Podcast:Chris and Sean talk about the virues of home gardens and the deficit of good conservtive talk radio.
On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, ad answer hhe Chimney Oak Golf Club Mailbag from the Middle!
In this episode Stacey Richter speaks with Jonathan Baran, CEO of Self Fund Health in a detailed exploration of what they term the 'Flywheel Downward Spiral' of American healthcare costs. The conversation delves into how electronic health records (EHR) and the incentives driving insurers, brokers, and hospital systems contribute to consistently rising healthcare premiums. Key points include how insurers profit from high premiums, the misleading marketing focus on discounts rather than actual costs, and the role of EHR systems in maximizing hospital profits rather than improving patient care. The episode sets the stage for a subsequent discussion on reversing these trends, aiming to align healthcare outcomes with cost reductions. Self Fund Health, I am so pleased to tell you, as I am always so pleased to tell you, did make such a kind offer to help out Relentless Health Value financially. You and the tribe here are really, really great folks who I truly appreciate. Please support Self Fund Health if you are in Wisconsin. This episode is sponsored by Self Fund Health. === LINKS ===
Listen to an audio version of Brookfield Corporation's 2Q 2025 Letter to Shareholders to learn about the firm's progress across its Alternative Asset Management, Wealth Solutions, and operating businesses.Please read this disclaimer (https://www.brookfield.com/brookfield-perspectives-podcast-disclaimer) before listening.
Listen to an audio version of Brookfield Asset Management's Second Quarter 2025 Letter to Shareholders to learn about the firm's progress across renewable power & transition, infrastructure, private equity, real estate, and credit strategies. Please read this disclaimer (https://www.brookfield.com/podcast-disclaimer) before listening.
This Day in Legal History: Voting Rights ActOn August 6, 1965, President Lyndon B. Johnson signed the Voting Rights Act into law, marking a pivotal moment in American legal and civil rights history. The legislation aimed to enforce the Fifteenth Amendment by prohibiting racial discrimination in voting, especially in the southern states where such practices were deeply entrenched. The Act outlawed literacy tests and other mechanisms that had been used for decades to suppress the Black vote. It also authorized federal oversight of voter registration and election procedures in jurisdictions with histories of discrimination.The law came in the wake of sustained activism, including the Selma to Montgomery marches and the brutal attack on peaceful demonstrators in what became known as “Bloody Sunday.” Johnson, in a powerful address to Congress, tied the moral imperative of the Act to the nation's founding ideals, declaring that “it is wrong—deadly wrong—to deny any of your fellow Americans the right to vote.” Within months of the Act's passage, hundreds of thousands of Black Americans were registered to vote, reshaping political representation across the South.The Voting Rights Act has since been amended and interpreted by courts, with key provisions reauthorized multiple times. However, in Shelby County v. Holder (2013), the Supreme Court invalidated the formula used to determine which jurisdictions required federal oversight, significantly weakening the Act's enforcement mechanism. This decision opened the door to new state laws that voting rights advocates argue disproportionately affect minority voters.Legal scholars and civil rights lawyers continue to debate the future of the Act, with efforts ongoing to restore and update its protections. The Voting Rights Act of 1965 remains one of the most consequential civil rights statutes in American history, transforming the legal landscape of democratic participation.Ghislaine Maxwell, convicted in 2021 for aiding Jeffrey Epstein in sexually abusing minors, is opposing the U.S. government's attempt to release transcripts from the grand jury that indicted her. Her legal team argues that public disclosure could irreparably damage her reputation and complicate a potential retrial, especially as she seeks to overturn her conviction at the U.S. Supreme Court. They claim the grand jury testimony is incomplete and lacks the scrutiny of cross-examination. The Department of Justice, citing public interest, requested permission from two Manhattan judges to release the material, prompting responses from Maxwell's lawyers, Epstein's estate, and alleged victims.President Donald Trump recently pushed for the release of the documents, seeking to address criticism from both allies and opponents about the handling of the Epstein-Maxwell case. Trump's Justice Department acknowledged that a rumored Epstein client list does not exist, which disappointed some supporters. While Epstein's estate took no stance on the release, attorneys for victims advocated for limited disclosure that protects victims' identities and allows pre-review by their legal teams.The Justice Department said the grand jury testimony largely aligned with evidence presented at Maxwell's trial. Maxwell's appeal to the Supreme Court argues that a 2007 plea agreement between Epstein and prosecutors should have protected her as well. Additionally, she recently met with Deputy Attorney General Todd Blanche about potential information she may have on other individuals.Epstein partner Maxwell opposes release of her grand jury materials | ReutersA federal judge in Boston has blocked the Trump administration from diverting over $4 billion away from a disaster prevention grant program known as Building Resilient Infrastructure and Communities (BRIC). The ruling, issued by U.S. District Judge Richard Stearns, grants a preliminary injunction to stop the government from redirecting funds intended to help state and local governments prepare for natural disasters like floods and hurricanes.The lawsuit was filed by 20 predominantly Democratic-led states, led by Massachusetts and Washington, arguing that FEMA lacked authority to cancel or repurpose the BRIC program without congressional consent. The judge agreed that the states faced potential irreparable harm and shouldn't have to wait until the funding was fully withdrawn to challenge the decision.FEMA, a part of the Department of Homeland Security, had labeled the program as wasteful and ineffective earlier this year, announcing plans to shut it down. However, Judge Stearns noted that such a move violated proper legal procedures and posed serious risks to public safety and infrastructure.The BRIC program was created in 2018 during Trump's first term and has since approved around $4.5 billion in funding for nearly 2,000 infrastructure projects, largely in coastal areas. Massachusetts Attorney General Andrea Joy Campbell said the ruling affirms the importance of federal support for community disaster preparedness.US judge blocks Trump administration from diverting disaster prevention grants | ReutersTesla and CEO Elon Musk are facing a proposed class action lawsuit from shareholders who allege they committed securities fraud by misrepresenting the safety and readiness of Tesla's self-driving technology, including the Robotaxi. The lawsuit, filed in federal court in Austin, Texas, follows a June test of the Robotaxi that revealed troubling behavior such as sudden braking, wrong-lane driving, and unsafe passenger drop-offs. After the test, Tesla's stock dropped 6.1%, erasing roughly $68 billion in market value.Shareholders argue that Musk and Tesla overstated the capabilities of their autonomous driving systems, misleading investors about the company's prospects. Key statements under scrutiny include Musk's April 2025 assertion that Tesla was "laser-focused" on launching the Robotaxi in Austin and Tesla's public claims of a scalable and safe autonomous approach. The lawsuit covers shareholders who bought stock between April 19, 2023, and June 22, 2025.Tesla CFO Vaibhav Taneja and former CFO Zachary Kirkhorn are also named as defendants. The complaint arrives as Tesla confronts lagging demand for its existing EV models and public concern over Musk's leadership and political views. Meanwhile, Tesla is appealing a recent Florida jury verdict holding it partially liable for a 2019 crash involving its self-driving software, which resulted in a $243 million damages award.Tesla, Elon Musk sued by shareholders over Robotaxi claims | ReutersThe U.S. Department of Health and Human Services (HHS), led by Secretary Robert F. Kennedy Jr., announced a sweeping rollback of government-funded mRNA vaccine projects, cutting 22 initiatives worth $500 million. The move affects high-profile organizations including Moderna, Emory University, and Tiba Biotech. Kennedy justified the decision by claiming mRNA vaccines have not effectively protected against upper respiratory illnesses like COVID-19 and influenza. He also indicated a policy pivot toward “safer, broader vaccine platforms” that could maintain effectiveness despite viral mutations.This decision marks a dramatic shift in federal vaccine policy under the Trump administration and reflects Kennedy's long-standing skepticism toward vaccine safety. It follows previous actions he's taken, including firing 17 CDC vaccine advisers, removing COVID-19 vaccines from recommended use in healthy children and pregnant women, and reducing contracts with Moderna and Novavax. The Biomedical Advanced Research and Development Authority (BARDA), which oversees U.S. pandemic preparedness, is now being redirected to focus on vaccine platforms with what the agency calls “stronger safety records” and more transparency.Critically, the rationale for these cuts leans heavily on Kennedy's controversial views, which conflict with the broader scientific consensus on the safety and efficacy of mRNA technology. While it is reasonable to assess long-term vaccine strategy, completely abandoning mRNA platforms — particularly after their role in containing the COVID-19 pandemic — appears ideologically driven rather than data-based. Public health experts warn this may jeopardize future preparedness and undercut decades of scientific advancement, especially when the HHS has not publicly released the data allegedly supporting its decision.RFK Jr. Pulls Back on mRNA Projects as Vaccine Shakeup Continues This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Tesla shareholders sue Elon Musk for allegedly hyping up faltering Robotaxi
On this week's episode of the Shareholders the guys discuss current events, the Woke Report with Junior, the stock, and take the Chimney Oaks Golf Club Mailbag From the Middle!
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Your thoughts on the kiss-cam episodeAndrew Ross Sorkin's note yesterday about Andy Byron, the C.E.O. of a tech start-up caught on camera with a colleague from H.R. at a Coldplay concert, struck a nerve with DealBook readers, who have flooded our inbox with responses: “The moment seems to encapsulate the pervasive schadenfreude within our culture, especially our office culture, and a deep-seated animosity toward bosses and colleagues,” Andrew wrote. “It highlights a zero-sum mentality in which a colleague's success is perceived as your loss, and their failure your gain.” He added that, “The incident also underscores our surveillance state.”Here's what readers had to say:“The surveillance state is a bit aggressive of a take on this. They were lovingly embracing at a concert during a love song while the kiss cam was on the prowl.” — Bob McMurtry“The public is not just reacting to someone else's misfortune, it is reacting to the utter hypocrisy revealed yet again by those in power who dictate rules that others should follow, yet arrogantly disregard following them themselves. Employees endure hours of H.R. training on the impropriety of workplace relationships, especially between manager and subordinate, yet the actual HEAD of H.R. engages in an affair with her married C.E.O. Do you not see the specific irony of this outing?” — Jim Woidat“I don't think we commoners' resentment of C.E.O.s is so much about jealousy as it is about pay inequality (their pay rate today vs. what it was a few decades ago) and stuff like golden parachutes.” — Tom EshbaughWhat nobody is talking about:Before the kisscam: 12 executives (11 men and Chief People Officer Kristin Cabot); 6 directors (all men)They've also disabled their LinkedIn links and yetAstronomer board launches investigation after viral Coldplay 'kiss cam' video appears to show CEO embracing HR chiefDealBook Hot Take: Board members should be licensedJonathan Foster, a consultant and former managing director at Lazard, has served on more than 50 corporate boards. Along the way, he says, he has encountered directors who have stayed too long, or ones whose “knowledge of financial statements and M&A is lacking.” He drew on that experience in “On Board: The Modern Playbook for Corporate Governance,” his new book.One of his big ideas for improving director performance: “a license,” he told DealBook, like the kind required “for investment bankers, doctors, lawyers, even massage therapists.”That, he said, “might increase confidence in corporate directors.”How it would work: Some of the requirements Foster envisions include 10 years of work experience, being at least 35 and passing an exam covering legal standards, basic accounting and finance principles, and ethics. “It doesn't have to be particularly onerous,” he said, comparing it to the Series 7 exam for financial advisers.To issue licenses, he says, the New York Stock Exchange could oversee an organization like Harvard Business School or the National Association of Corporate Directors. He says he sees the arrangement as akin to how the Public Company Accounting Oversight Board operates under the authority of the S.E.C. That independent nonprofit group, he noted, “has commissioners, and they go do their thing, but they're ultimately responsible to and can be pre-empted by the S.E.C.”Is it workable? DealBook asked Edward Rock, a professor of corporate governance at the New York University School of Law. He said he worried that standardized requirements for diverse companies could disqualify board members with otherwise strong attributes. For example, he wrote in an email to DealBook, “Why would anyone want to prevent Mark Zuckerberg (28 at the time of Facebook's I.P.O.) or Larry Page and Sergey Brin” — both in their thirties when Google listed — “from serving on the board of directors of Facebook and Google?”(Foster said exceptions could be created, including for founders.)Shareholders have an incentive to demand the most qualified board members, Rock continued, and they tend to do so.Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fallPrivate jet sales are poised for takeoff thanks to a revived tax breakA federal tax change now lets companies write off the full cost of buying a private jet in year oneStarbucks' formerly remote CEO has bought a home in Seattle and he's ordering all staff back to the office 4 days a week Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fundElon Musk's other companies could soon pour billions into his AI startupSpaceX, the rocket company Musk founded and controls, is reportedly investing $2 billion into xAI, his AI startup best known for the chatbot GrokElon Musk promises Tesla shareholders a vote over buying equity in his Grok startup: ‘If it was up to me, Tesla would have invested in xAI long ago'Musk's xAI faces European scrutiny over Grok's 'horrific' antisemitic postsElon Musk's AI chatbot Grok is now working with the federal governmentElon Musk's Neuralink filed as 'disadvantaged business' before being valued at $9 billionOpenAI warns that its new ChatGPT Agent has the ability to aid dangerous bioweapon developmentA Staggering Proportion of Teens Say Talking to AI Is Better Than Real-Life FriendsElon Musk announces Baby Grok AI chatbot designed specifically for children's learning needsTelegram CEO Pavel Durov on French probe against Elon Musk's Twitter: “at this point, any tech company can be declared a ‘criminal gang' in France". Durov further stated that such investigations can be harmful for attracting investments”Musk's X refuses to hand over data in 'politically-motivated' French investigationWhy Gov. Greg Abbott Won't Release His Emails With Elon MuskWe asked Abbott for his and his staff's emails with Elon Musk and Musk's companies. The governor's office won't turn them over, saying some contain “intimate and embarrassing” information that is “not of legitimate concern to the public.”The anti-wokeMAGA's tantrum over "woke" Superman is nastier than their usual whiningThe MAGA talking heads are big mad that director James Gunn said that Superman is an immigrant. They were also furious that Gunn said Superman stands for “human kindness.”Fox News: wondering if the movie would fail on the assumption that American audiences also hate kindness and immigrants.Superman' Proves "Go Woke, Go Broke" Is a Joke – And That Major $125 Million Opening Weekend Confirms ItDEI-fueled investing is ‘ideological coercion' of shareholders, Missouri AG warns amid new probe"Missourians deserve answers as to why the unseen power brokers, controlling much of corporate America, are pushing a leftist worldview at the expense of millions of honest investors … These proxy advisors have held corporate America hostage with their radical ideologies. We are putting them on notice: Missouri will not tolerate ideological coercion disguised as investment guidance.""Woke Or Not Woke?": Ubisoft's CEO Was Asked A Bizarre Question About Assassin's Creed Shadows In A Shareholder MeetingIn-N-Out billionaire Lynsi Snyder says she is leaving California: 'Doing business is not easy here'Lynsi Snyder is In-N-Out Burger's billionaire owner and president. She inherited control in 2017 and it remains a private, family-owned business. The reclusive heiress has a $6.7 billion net worth.Lufthansa CEO's wife Vivian Spohr allegedly runs down woman in Sardinia, expresses ‘deep sorrow'The victim, Gaia Costa, a resident of nearby Tempio Pausania, died at the scene from severe head injuries, according to local media reports. She had reportedly been crossing at a pedestrian crosswalk when she was hit.The 51-year-old German businesswoman added that she was “at the complete disposal of the Italian judicial authorities for the necessary investigations and, while aware that such a great personal loss cannot be repaired, will take steps to mitigate its consequences.”Mark Cuban says some of NYC mayoral candidate Zohran Mamdani's key policies don't 'have a chance'Mark Cuban says Elon Musk's new political party is 'really smart' in a key wayAre they stealing our thunder POP QUIZ:Did the average S&P 500 CEOs earn in less than two days what their typical worker earned in all of 2023?Fake apologies popping up from CEO allegedly caught cheatingCEOs on boards is a governance blind spot — accepted as normal but long overdue for scrutiny
Plus: OpenAI rolls out a new agent that can make spreadsheets and PowerPoints. Defense-tech startup Hadrian raises $260 million for a new robot factory. Ariana Aspuru hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Plus: Fed chair candidate Kevin Warsh says the next person in the role will maintain the central bank's independence from political pressure. And U.S. retail sales rose 0.6% in June. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
"Each Seabridge Gold Share Represents $9,000 In-Situ Metal, Yet Trades for $16” says CEO Rudi Fronk in this MSE episode. Seabridge Gold presents an extraordinary tripartite value argument to investors claiming to offer: 1) more value per share than any other publicly traded metal producer; 2) the most gold per share of any public company; and 3) more copper per share than any other copper focused exploration and mining company. In this MSE episode, host Bill Powers interviews Rudi Fronk about his mining career, key lessons learned and the investment thesis behind Seabridge. Rudi recounts his early education in mining and finance at Columbia University, the lessons he learned from the multifold challenges faced by Greenstone Resources while he was at the helm, and how these experiences shaped his approach at Seabridge. He emphasizes Seabridge's guiding principles such as avoiding political risk, never building mines themselves, and focusing on gold ounce per share growth. The conversation also delves into two significant near-term milestones for Seabridge, including resolving a nuisance claim and announcing the joint venture partner for the KSM project. Rudi shares insights on the gold market, the company's strategic approach, and his commitment to Seabridge's long-term success. 0:00 Intro 0:54 Career path 4:04 What Rudi did wrong at Greenstone Resources 6:07 Seabridge Gold: Rudi's second chance 7:37 “I'm a control freak” 8:20 Seabridge: the most gold per share 10:22 Why the share price discount? 11:30 Two main catalysts 12:49 Courageous Lake spinout 15:27 Gold miner value destruction 17:40 Shareholders: listen to or ignore? 21:00 Investment thesis never changed 21:51 Stars aligning 26:05 JV partner announcement 27:58 Liquidation value? 29:01 $12,000/oz gold? 31:51 Rudi's retirement https://www.seabridgegold.com/ TSX:SEA NYSE:SA Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 This interview was not sponsored. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE's owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/
Plus: Grayscale Investments has confidentially filed plans to go public. And, shares of semiconductor companies in Europe fell after President Trump said the U.S. would charge a 30% tariff on goods from the European Union effective Aug. 1. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
Craig talks about travel headaches, Boo eating a bird, and his new merch drop.Get your tickets now for The Woopsie Daisy Tour! - https://punchup.live/craigconantLomita Man Hoodie and T-shirt Merch Drop - https://www.craigconantstore.comFollow Craig!TikTok - https://tiktok.com/@craigpconant/IG - https://instagram.com/craigpconant/Facebook - https://www.facebook.com/craigpconant/Merch - https://craigconantstore.com/ Song Links:Killer Mike - Reagan: https://www.youtube.com/watch?v=6lIqNjC1RKURun The Jewels - Report to the Shareholders: https://www.youtube.com/watch?v=pg0byaqVaXoSmall Business Plugs: Need a natural, holistic facial or some Ayurvedic healing?Contact Cynthia at Ritual Skin and Soul:https://instagram.com/livecynplyayurveda/https://instagram.com/ritualskinandsoul/Check out Brian Johnson's Art!He did the 3 Skeletons Skateboards + The New Podcast Studio:https://www.instagram.com/brianjohnsonstudios/Aztlan Herbal Remedies - https://www.aztlanherbalremedies.com/Kettlebells South Bay - https://www.instagram.com/kettlebellssouthbay/PV Coin Exchange - https://palosverdescoinexchange.com/Deadlight Visions Graphic Design - https://instagram.com/deadlightvisions/Donny Honcho's Healthy Pet Products - https://linktr.ee/localdogdaddySwank Hank's Handmade EDC - https://swankhanks.com/Glitch Pudding, Acrylic Artist - https://instagram.com/glitchpudding/Hoobs Glass Art - https://www.hoobsglass.net/The Pet's Choice Animal Groomers - https://www.instagram.com/thepetschoice_wilmington.ca/Craig's Holistic Doctors:Dr. Jay - https://www.instagram.com/100yearsjay/PBC Health - https://www.instagram.com/pbchealthwellness/Robert Kiyosaki - Liabilities to Assets - https://youtube.com/watch?v=A8vD_XO0vUUHealing affirmations:Emmet Fox - Prayer Is Not A Way Of Asking, But Of Receiving - https://youtu.be/Tf4yVNtMOgw?si=fQGIg-SGgbF8nBuSLouise Hay - https://youtu.be/lz16YqpWkz4Wayne Dyer - https://youtu.be/44ImQV46lF4Change Your Thoughts, Change Your Life - https://youtube.com/watch?v=14JxE7i0EPcLouise Hay Sleep Meditation - https://www.youtube.com/watch?v=Mz8bHR4o7E0Craig's favorite healers:Esther Hicks (AKA Abraham Hicks)Joe DispenzaBruce LiptonDr. SebiAlso shout out to these light workers giving out that lost knowledge:Dr. Delbert BlairDolores CannonSantos Bonnaci
Causes are everything but That…. William Shatner Live…. Tesla paid Elon zero salary…. Shareholders vote no on CEO pay…. Top CEO pay…. Bees on the loose in Washington St…. Elephant meanderers in Thailand…. Three girls found dead…. www.blazetv.com/jeffy Promo code Jeffy…Email: ChewingTheFat@theblaze.com Rick Astley a billion streams on Spotify… Stones songs in my head… Ken Burns / Da Vinci Documentary…Who Died Today: Shigeo Nagashima 89 / Chase Stegall 20…. Two dead in France from celebration…. Blake Lively, Justin Baldoni case over?... Dept Sherrif has charges dropped…. Joke(s) of The Day… Learn more about your ad choices. Visit megaphone.fm/adchoices