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    1. BREAKING NEWS: Elon Musk Appears Emotional As He Overcomes Vote to Remove Him From Tesla Board

      BREAKING NEWS:  Elon Musk Appears Emotional As He Overcomes Vote to Remove Him From Tesla Board

      Tesla shareholders voted to maintain Elon Musk’s role as chairman of Tesla’s board during the company’s annual shareholder meeting in Mountain View, Calif., Tuesday despite a controversial proposal to strip him of that position. The vote of confidence is a major boon for Tesla’s embattled chief executive and founder, but arrives six months into what is...

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    2. Lululemon Flexes Its Muscles in CEO Audition

      Lululemon Flexes Its Muscles in CEO Audition

      Lululemon Athletica Inc.’s chairman, Glenn Murphy, joked on the company’s earnings conference call Thursday evening that you could laminate its latest results because they were so strong.

      And Murphy is right: The athletic-apparel retailer showed itself to be in prime shape in the first quarter. Its comparable sales increased a whopping 20 percent over a year earlier, or 19 percent on a currency-adjusted basis...

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    3. Don’t Ignore the Facebook Shareholder Revolt

      Don’t Ignore the Facebook Shareholder Revolt

      The owners of Facebook Inc. are gathering on Thursday in Silicon Valley for an update from management and their annual vote on corporate matters. We already know the results, but that doesn’t make the process irrelevant. In fact, it’s time to pay closer attention to the signs of restive shareholders at big technology companies...

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    4. Tesla’s Board Sounds the Retweet

      Tesla’s Board Sounds the Retweet

      Elon Musk’s recent Twitter-lashing of the media has prompted comparisons to President Donald Trump’s “fake news” obsession. For me, though, its sheer variety – encompassing Soviet propaganda, a new Model Y launch date, the Theranos scandal, the lameness of car emoji, and much more – instead brought Steve Bannon to mind, particularly his media strategy:  “flood the zone with shit.”...

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      Mentions: CEO Twitter Theranos
    5. Fortis Directors Deserve a Discharge Slip

      Fortis Directors Deserve a Discharge Slip

      Fortis Healthcare Ltd. has to admit a new owner to keep the lights on. Before it does, though, India’s second-largest hospital chain must write four of its board members a discharge slip.

      The country’s serious fraud office and the stock-market regulator are investigating Fortis even as it tries to sell itself to one of five serious suitors, which include Malaysian, Chinese and homegrown Indian buyers, as well as American private equity...

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    6. Tesla’s Board Keeps Facing Investor Grievances

      Tesla’s Board Keeps Facing Investor Grievances

      Tesla Inc. is facing renewed criticism over its corporate governance a week after Chief Executive Officer Elon Musk refused to answer questions about the company’s finances on an earnings call. While Musk calling analysts’ questions “boring” and “dry” was unusual, the billionaire and his board drawing fire from some investors is far from unprecedented.

      1. Who’s attacking the company now, and why?...

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    7. Corporate Boards are Still Mostly White, Mostly Male - and Getting Even Older

      Corporate Boards are Still Mostly White, Mostly Male - and Getting Even Older

      Corporate America's boardrooms have long been criticized for being too old, too white and too male. But while the race and gender makeup of corporate boards have come under scrutiny in recent years -- with shareholders pushing companies to add women and minorities and the media calling out board homogeneity when companies try to tout equal pay -- the age part of the "old boy's club" stereotype has gotten far less attention...

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    8. Wells Fargo’s Rehabilitation Requires Change at the Top

      Wells Fargo’s Rehabilitation Requires Change at the Top

      Wells Fargo & Co.’s sins of the past are going to haunt it for a little longer.

      Late Friday, on Janet Yellen’s last day as Federal Reserve Chair, the regulator slapped the San Francisco-based lender with sanctions for poor governance, compliance and risk management relating to abusive sales practices that culminated in the creation of millions of fake accounts and inappropriate charging of auto-insurance and mortgage fees...

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    9. Elliott Is Doing Pretty Nicely in the Power Business

      Elliott Is Doing Pretty Nicely in the Power Business

      In case you hadn’t noticed, Elliott Management Corp. is killing it in the power sector.

      The latest deal, announced Monday, involves the activist fund and several partners infusing $2.5 billion into FirstEnergy Corp., a struggling Midwestern utility. They will also contribute two people to a new five-person advisory board to help FirstEnergy exit its merchant generation business and set strategy from here...

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    10. Wells Fargo Still Can’t Quite Seem to Fix Its Wagon

      Wells Fargo Still Can’t Quite Seem to Fix Its Wagon

      Waiting for another sign that Wells Fargo & Co. has turned a corner? Its fourth-quarter earnings, released Friday, provided differing levels of validation for investors who had sent the stock flying to a record earlier this week.

      For the first time since the GOP tax bill was passed last month, Wells Fargo detailed its impact...

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    11. Want More Women on Corporate Boards? This Stat Helps

      Want More Women on Corporate Boards? This Stat Helps

      A global effort to bolster the number of women on corporate boards is taking longer than it should. But the recent performance of companies that lead their peers on this measure may accelerate change.

      An MSCI study published this month shows just seven companies in its key global index, comprised of more than 2,500 members, have boards that are dominated by women. But of these seven, more than half have outperformed their industry peers...

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    12. A Bidder for the Weinstein Company Suggests a Rare Boardroom Set-Up: A Majority-Female Board

      A Bidder for the Weinstein Company Suggests a Rare Boardroom Set-Up: A Majority-Female Board

      Maria Contreras-Sweet, who led the U.S. Small Business Administration under President Obama, has submitted a bid to acquire the Weinstein Co., the embattled film studio grappling with multiple allegations of sexual harassment or assault against its former co-chairman, Harvey Weinstein. It includes a group of investors with female leaders from private equity, venture capital and Hollywood, according to a source familiar with the deal...

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