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WALL STREET JOURNAL Peltz Pushes for Changes at State Street | The activist investor Nelson Peltz is calling on State Street to cut costs and consider shedding its investment management unit to help bolster its lagging stock price.
FINANCIAL TIMES Temasek Pushes for Changes at Standard Chartered | Temasek Holdingsgs of Singapore, which owns an 18 percent stake in Standard Chartered, has been pressuring the bank to appoint more independent directors, according to The Wall Street Journal, which cites unidentified people familiar with the investment company.
And of course, cost cutting means a challenge to the workforce, with the threat of strikes hanging over the industry as it pushes for changes to pay and conditions.
"Why would we want to pass up the chance for American businesses to produce and sell the energy of the future?" OO SOTU: Obama Vows To Fix Fossil Fuel Program That Gives Away Cheap Coal - he pushes for changes in how government manages public-land fossil fuels.
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William D. Henderson, an Indiana University law professor who has also pushed for changes, welcomed Mr. Obama's remarks.
He is also expected to push for changes to the city's pension system.
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