Delaware is poised to adopt changes to its widely used corporate law that critics argue could weaken U.S. boards of directors in favor of influential investors such as private-equity firms. State lawmakers last week approved a bill that gives a corporation the authority to enter into contracts with one or more shareholders that give the investors power over key board decisions. The approval followed an unusually contentious debate that included warnings from state judges and academics, who said legislators were rushing ahead without understanding the potential impact.
(Bloomberg) -- A Moelis & Co. employee is on leave as the bank investigates an incident, after a video circulated online showing a man identified as one of the firm’s senior bankers appearing to punch a woman.Most Read from BloombergMusk to Ban Apple Devices If OpenAI Is Integrated Into OSApple’s ‘AI for the Rest of Us’ Plan Gets Lukewarm ReactionNYC Landlord to Sell Office Building at Roughly 67% DiscountRussia Is Sending Young Africans to Die in Its War Against UkraineThe video, posted on X, s
Moelis (MC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.