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Former Disney star Bridgit Mendler is now the CEO and cofounder of a space satellite startup, to the surprise of some of her fans. Mendler is best known for playing Teddy Duncan in all four seasons of the Disney show "Good Luck Charlie," but has recently moved away from performing. On Monday, CNBC exclusively reported that Mendler is launching the startup Northwood Space with business partner Shaurya Luthra and her husband, Griffin Cleverly. Northwood Space aims to mass-produce ground stations and antennas that connect to satellites, making them more accessible for space companies, CNBC reported. In 2017, Mendler started working at the Massachusetts Institute of Technology's (MIT) Media Lab.
Persons: , Mendler, Teddy Duncan, Charlie, Shaurya Luthra, Griffin, @foundersfund, Barbie, lace", endler, egan Organizations: Service, Disney, CNBC, Space, Northwood, ince Locations: @NorthwoodSpace, ath
While smash-and-grab robberies still happen, organized cargo theft is becoming more prevalent. Cargo theft has surged up 57% compared to 2022, with industry leaders calling thieves "emboldened." The Wall Street Journal identified Nike shipments as one of the most commonly targeted for theft. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The Wall Street Journal reported one type of shipment is particularly popular with thieves: Nikes.
Persons: Louis Vuitton, Drake, CargoNet, Nick Stewart Organizations: Street Journal, Nike, Service, Nordstrom, CargoNet, Street, CNBC News, Walmart, Target, Los Locations: Wall, Silicon, California, Canada, Angeles, California , Texas, Florida, Illinois, Chicago , Portland, Albuquerque, Minneapolis , Philadelphia, Los Angeles County
BIRMINGHAM, England, May 5 (Reuters) - HSBC (HSBA.L) is expected on Friday to defeat a proposal by Hong Kong-based investors, backed by its biggest Asian investor Ping An, which calls for the lender to consider spinning off its Asia business. HSBC has asked investors to vote against the proposals, saying they would destroy shareholder value, and so far no other big institutional investors have signalled they are in favour. Lui said he was only able to disclose he had met with Ping An and that they were supportive. HSBC tripled its profit in the first quarter as rising interest rates boosted its income, paying its first quarterly dividend since 2019. Reporting By Lawrence White, Additional reporting by Iain Withers, Editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.
BIRMINGHAM, England, May 5 (Reuters) - HSBC (HSBA.L) faced down opposition to its strategy and climate policy at a fractious annual investor meeting in Birmingham in England on Friday, including a shareholder proposal to spin-off its lucrative Asia business backed by major investor Ping An. Shareholder Lui questioned HSBC's board directly at the meeting on Friday, prompting the bank's chairman Mark Tucker to say criticism of the bank's performance showed "a fundamental misunderstanding of HSBC's business." HSBC's Tucker told the meeting that any break-up of the bank would undermine its global strategy and dent its revenue, repeating the bank's argument that it would be risky and costly. "So it would not be in shareholders' interests to split the bank," Tucker said. Like Barclays' investor meeting earlier this week, HSBC's event was repeatedly interrupted by climate campaigners singing songs, while one protester stood up at the front of the hall with a banner reading 'No more dirty coal'.
Dr. Fauci Looks Back: ‘Something Clearly Went Wrong’ In his most extensive interview yet, Anthony Fauci wrestles with the hard lessons of the pandemic — and the decisions that will define his legacy. But when people say, “Fauci shut down the economy” — it wasn’t Fauci. But somehow or other, the general public didn’t get that feeling that the vulnerable are really, really heavily weighted toward the elderly. We also had a public-health system that we thought was really, really good. But it was really, really antiquated.
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