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Jardine looking to sell 28% stake in Greatview
... the matter, Jardine Matheson Holdings Ltd. is exploring options including the sale of its roughly 28% stake in Hong Kong-listed Greatview Aseptic Packaging Co. According... ... There is no certainty that a review will lead to any transaction, the people said. A representative for JPMorgan declined to respond to requests for comment, while Jardine... ... joined as a shareholder. Jardine, one of Hong Kong 's last remaining British trading houses with businesses ranging from property, automotive and retail to restaurants and...
Updated: 01/20/2022
Hamptons lawyers get their homes into offices
... in the Hamptons this summer won't have to go far to get to the office. Greenberg Traurig has opened an outpost in the hamlet of Bridgehampton and another east of Queens this week, becoming the first global law firm with offices in Long Island , home ... ... the firm to shrink its pricey Manhattan footprint. Rosenbaum did not say whether he has a home in the Hamptons himself, and a representative for the Miami-founded firm didn't want to comment on the question. Rosenbaum said he would spend time in the firm's ...
Updated: 01/20/2022
Democrats ratche up criticism of meatpacking giants
Democrats ratcheted up criticism of meatpacking giants Wednesday as a key lawmaker charged antitrust issues that profiteering ... ... unprecedented concentration in the food sector, David Cicilline , chairman of the House Judiciary Antitrust Subcommittee, said that chicken farmers are living in poverty... ... panel also charged that Democrats were trying to shift blame for inflation. Republican Representative Ken Buck of Colorado said that changes in antitrust law would heal...
Updated: 01/19/2022
International Airlines cancels flights to US amid 5 G push
... agreement the day before, according to Airlines for America , a Washington lobbying group representing the industry. This is an important step towards achieving a permanent solution... ... said. AT&T said Wednesday that it's high-speed service was available in limited parts of eight major metropolitan areas across the United States , while Verizon said it now provides 5 G coverage to 90 million Americans. Hans... ... be cleared out after collaboration with all involved parties, including the White House .
Updated: 01/19/2022
Biden admin slammed for not meeting key infrastructure law provision
The Biden administration is slammed for not meeting a deadline to implement a key Republican provision of the bipartisan infrastructure law that Republicans say will streamline the permitting process for new projects. The Biden ... ... agencies of categorical exclusions, which reduces the timetable for environmental review of certain projects. Republicans on the House Committee on Transportation and Infrastructure worry that the delay will diminish the purchasing power of funding that is ...
Updated: 01/19/2022
New York state pension fund calls for racial equity audit
The New York State Common Retirement Fund is asking shareholders of Amazon.com Inc. and Chipotle Mexican Grill Inc. -two retailers are partnering to ... ... equity. Equal treatment and opportunities benefits performance, according to research. Representatives for Dollar Tree , Dollar General , Match and Chipotle didn't respond... ... several years ago. The audit resulted in Airbnb asking users of their short-term rental housing service to accept a non-discrimination agreement, eliminating those who refused...
Updated: 01/19/2022
White House tells SIA to be prepared for Russia export restrictions
The White House told the US chip industry to be prepared for new restrictions ... ... Ukraine . The NSC relayed in blunt and stark terms the gravity of the situation they are currently grappling with in Ukraine ... ... House spokeswoman said that if Russia invades Ukraine , the United States is looking at a range of options with allies and partners ... ... with the matter said that SEMI, the global industry association representing the electronics manufacturing and design supply chain,...
Updated: 01/19/2022
Homebuilders get downgraded after strong data
The shares of home builders fell Wednesday, despite upbeat new-home construction data, after KeyBanc Capital analyst Kenneth Zener advised ... ... the fastest pace in nearly four decades, the Fed is expected to raise interest rates in March. The rising rates make buying a house more expensive, but they can also reduce the financial system's liquidity, making less money available for mortgages. The ...
Updated: 01/19/2022
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