Public Companies See Gold in California

California is the capital of American business. One out of five companies on the New York Stock Exchange and the Nasdaq stock market hail from that state, according to my recent assessment of relevant data.

Added @ September 22, 2016 at 02:24PM from http://ift.tt/2cPRYWU

Fed Proposes Ban on Merchant Banking, a Practice With Little Risk

Despite merchant banking’s storied past as a way to invest in companies, the Federal Reserve is calling for a ban under the guise of tamping down risk.

by STEVEN DAVIDOFF SOLOMON

via NYT Business Day [View HERE](http://ift.tt/2cLyamH)

Elon Musk’s Solar Vision, Up for a Dicey Vote

Tesla Motors’ proposed acquisition of SolarCity is most likely to come down to whether shareholders support Elon Musk in his vision of creating a solar power juggernaut. Yet the deal also raises broader issues of how and when shareholders should vote to approve acquisitions.

Added @ September 08, 2016 at 02:14PM from http://ift.tt/2c5nYVs

Lawyers Burnish Tesla’s Deal for SolarCity

The lawyers have grabbed control of the merger between Tesla Motors and SolarCity. They are blanketing the deal with legal process to try to smooth over the conflict of interest stemming from Elon Musk’s ownership interest in both companies. But will it be enough?

Added @ September 05, 2016 at 07:39AM from http://ift.tt/2bIyssN