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Tesla investors press for board members without ties to Musk

  Bloomberg An influential group of investors is pressing Tesla Inc. to add two board directors who don’t have ties to Elon Musk, a sign that concerns over the electric-car maker’s corporate governance remain as its shares soar. Five of Musk’s six fellow board members have personal or professional connections to the Tesla chief executive officer, which could jeopardize their ...

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ValueAct to return $1.25bn after seeing frothy market

  Bloomberg ValueAct Capital Management, the activist fund run by Jeffrey Ubben, plans to return $1.25 billion to investors in May because of concerns that company valuations are expensive. San Francisco-based ValueAct, which manages more than $16 billion, explained its decision to return capital in a letter last week to investors that was viewed by Bloomberg News. It said that ...

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Legacy of British rule is still holding India back

  One of the most common debates I hear about India is whether British colonialism has been good or bad for the country’s economic prospects. Defenders of British rule often cite the construction of the railroads, or the spread of the English language, but as time passes the evidence mounts that India would have been much better off on its ...

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