Icahn nominates five to replace entire SandRidge board
Billionaire activist investor Carl Icahn nominated a five-person slate of his employees and business associates to replace the SandRidge Energy Inc board of directors on Monday, escalating his fight for control of the U.S. shale oil producer.
Wall Street lobby groups urged U.S. policy makers and regulators to revamp rules to encourage more initial public offerings and to reduce the regulatory cost of staying public, in a white paper issued on Thursday.
“THIS port is for the Togolese,” says Sherif Tchedre, a mechanic standing among containers that line the shorefront in Lomé, Togo’s capital. “But it is Bolloré who runs everything.” He thinks little of the port’s French operator, Bolloré Group, or the conglomerate’s eponymous owner-boss, Vincent Bolloré. They do “nothing for Togo”, he says, adding that the Frenchman is too cosy with African presidents.The French police seem to think so, too. On April 24th they arrested Mr Bolloré and some of his firm’s senior staff in Paris on suspicion of paying bribes a decade ago to win bids to run the Lomé port and one in Conakry, in Guinea. The next day he and two others were placed under formal investigation, one step short of being charged. The authorities suspect that Havas, a communications firm that Bolloré then owned, gave African politicians heavily discounted help in their election campaigns. Mr Bolloré and Bolloré Group deny the allegations.Bolloré is bigger...Continue reading
You can expect some serious volatility in the cryptocurrency market over the next few days, if history is any indication. Notorious cryptocurrency exchange desk Mt. Gox – which went down in 2014, along with 850,000 of its users Bitcoin – has moved another huge batch of its remaining funds to consolidated wallets. The now-defunct exchange desk seems to have transferred 16,000 BTC and 16,000 BCH to two separate addresses, according to a Mt. Gox cold wallet monitor. The 16,000 BTC have been transferred to the following address: Meanwhile, the 16,000 BCH have been moved to this address: This is the… This story continues at The Next Web