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The best design stories often start with what most people would consider trash. Those leftover scraps from manufacturing, the offcuts that pile up in workshops, the surplus materials that never quite make it into the final product. Most of this stuff ends up in dumpsters, but occasionally someone sees potential where others see waste. Furniture…
“Musk ally Egon Durban keeps Twitter board seat despite shareholder vote” Twitter director and Elon Musk ally Egon Durban will keep his seat on the company’s board – even after shareholders voted to oust him, the social-media giant revealed Friday. Shareholders rejected Durban’s re-election to the board at the company’s annual meeting earlier this week…
“McDonald’s shareholders reject Carl Icahn’s board nominees” Shareholders have re-elected all of McDonald’s directors, the company said on Thursday, ending a boardroom battle with billionaire investor Carl Icahn who had sought to win two board seats and shine a spotlight on his campaign over animal welfare. Preliminary tallies showed shareholders backed all 12 of McDonald’s directors and…
“JPMorgan, Ford others to disclose directors’ race and gender” Four top Wall Street firms and Ford Motor will start to disclose the race and gender of individual directors under deals reached with New York City pension officials, the city’s comptroller, Brad Lander, said on Thursday, while a utility company has pushed back on the idea. According to a representative…
“Jack Dorsey rips Twitter board over ‘dysfunction’ in Elon Musk battle” Twitter’s founder and former top boss Jack Dorsey slammed the company’s board of directors on Sunday – even as the embattled executives are locked in a dispute over whether to accept billionaire Elon Musk’s $43 billion offer to buy the social media platform. Dorsey…
“Twitter pushes back on Elon Musk’s takeover with ‘poison pill’” Twitter is putting up a fight against Elon Musk’s hostile takeover bid by offering its shareholders the opportunity to buy more company stock at a discounted rate — a defensive tactic known to investors as a “poison pill.” The move was done to make it…
“Donovan Richards pushing plan to boost diversity in community boards” Queens Borough President Donovan Richards is pushing a quota-like selection system for the borough’s 14 community boards in a controversial bid at gaining more diversity on the panels, which weigh in on virtually all local projects, The Post has learned. Richards appoints half the members…