Yale University named Maurie McInnis, the head of Long Island’s Stony Brook University, as its new president at a time of tumult across US higher education over everything from student protests to faculty diversity and admissions. from Bloomberg Markets https://ift.tt/on0qcmD
Marcie Frost, CEO of California Public Employees Retirement System (CalPERS), cites “an absolute governance failure” when explaining why CalPERS is voting against the entire slate of Exxon Mobil directors. She speaks with Matt Miller on Bloomberg Television. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/8je3x4h
Egypt’s government raised the price of subsidized bread for the first time in decades, taking aim at key public support measure which previous governments had shied away from for fear of stoking unrest. from Bloomberg Markets https://ift.tt/8tJnh15
It’s been less than a year since Spotify Technology SA raised prices on its US premium plans for the first time, and investors who bought into Chief Executive Officer Daniel Ek’s strategy have been rewarded with a roughly 80% jump in the stock. from Bloomberg Markets https://ift.tt/GZAue1O
At Manulife Financial Corp.’s asset-management business, a slow and steady investment with some novel revenue sources is proving lucrative for the Canadian insurer: timber. from Bloomberg Markets https://ift.tt/QkRJf0V
A historic squeeze in New York copper futures is drawing to a close, with the loosening of a key price spread taking the pressure off traders who faced spiraling losses on short positions earlier this month. from Bloomberg Markets https://ift.tt/e13C6Sm
“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today’s guests: Geoff Yu, BNY Mellon senior market strategist and Anthony Diamandakis, Citi global head of global asset managers. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/xIYnUD6
Glencore Plc will start consulting with shareholders on the future of its coal business as soon as its deal to buy Teck Resources Ltd.’s mines closes later this year. from Bloomberg Markets https://ift.tt/JrRPC41
Vietnam’s state-run utility is calling on households, offices and factories to reduce electricity usage though it does not foresee power shortages this year, the company said. from Bloomberg Markets https://ift.tt/Y7yIm9K
The Republican Party is counting on at least one of these four rich candidates to flip the Senate. Mike Dorning explains. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Pz1wKgv