Elliott Hires Cornwall Capital’s Tai to Boost Japanese Activism
Elliott Investment Management has hired Aaron Tai, a partner at hedge fund Cornwall Capital, to grow its activism practice in Japan, according to a person familiar with the matter.
Bloomberg Business
Southwest Pilots Plan Vote to Authorize Strike After Holiday Travel Chaos
Southwest Airlines Co. pilots will vote on whether to authorize their union to strike, frustrated by lack of progress in talks that started three years ago and scheduling issues that contributed to 16,700 flight cancellations late last month.
The FTX Executives Who Helped Run Sam Bankman-Fried’s Crypto Empire
A select group of key executives within the top tiers of the now-defunct crypto empire wielded expansive influence in making crucial decisions. Here they are.
BOJ Jolts Financial Markets But Risk of a Bigger Shock Remains
The Bank of Japan’s decision to keep its settings unchanged Wednesday gave global investors a modest jolt, leaving markets from the yen to Treasuries at risk from a potentially larger shock if officials opt to shift policy in the future.
Davos Latest: Scholz Says Germany Back on Track After Gas Shock
German Chancellor Olaf Scholz struck an upbeat tone in his address to the World Economic Forum, telling delegates that Europe’s biggest economy is back on track after the forced transition away from the Russian gas on which it so heavily depended.
Amazon Fined for Worker Safety Violations in Three US States
US federal workplace safety regulators fined Amazon.com Inc. more than $60,000 for putting warehouse employees at risk for lower back injuries and other musculoskeletal disorders.
Cyber Attack Hits 1,000 Merchant Ships as Norway Firm Targeted
A cyberattack on a Norwegian shipping services firm ensnared about 70 companies and 1,000 ships.
Yellen to Visit Beijing in Further Sign of US-China Thaw
Plans are under way for US Treasury Secretary Janet Yellen and her Chinese counterparts to hold meetings in Beijing and Washington later this year, continuing the governments’ efforts to ramp up face-to-face engagement to improve ties.
Columbia Hires Economist Nemat Shafik as First Female Leader
Economist Nemat “Minouche” Shafik will take over as Columbia University’s president later this year, becoming the school’s first female leader.
Peter Thiel Says British Affection for NHS Is Stockholm Syndrome
Billionaire entrepreneur and investor Peter Thiel, whose data analytics company Palantir Technologies Inc. is vying for a £480 million ($595 million) National Health Service data contract, has described British people’s affection for the state-backed health service as “Stockholm syndrome.”
